---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-001914"
form_type: "8-K"
ticker: "TTEC"
cik: "0001013880"
company_name: "TTEC Holdings, Inc."
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:31:42.135899+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TTEC boosts Swanback's base to $700k, Semach to $500k; grants $4M retention equity to Swanback, $2.5M to Semach

## Summary
- Swanback's base salary increased from $625k to $700k; annual bonus target set at 100% of base.
- Swanback receives one-time $2M RSU grant (5-year vest) and $2M performance RSUs (3-year cliff, based on 2025 performance).
- CFO Semach's base salary raised from $400k to $500k; annual bonus target 100%.
- Semach gets one-time $1.25M RSU grant (5-year vest) and $1.25M performance RSUs (3-year cliff, based on 2025 performance).
- Swanback's role expanded to President of TTEC Holdings, Inc. in addition to CEO of TTEC Engage.

## SEC filing metadata
- accession: 0001104659-23-001914
- form_type: 8-K
- ticker: TTEC
- cik: 0001013880
- company_name: TTEC Holdings, Inc.
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013880/000110465923001914/0001104659-23-001914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013880/000110465923001914/tm232461d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-001914
- JSON: https://secwatch.observer/filing/0001104659-23-001914.json
- Plain text: https://secwatch.observer/filing/0001104659-23-001914.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.