secwatch.observer — SEC 8-K summary
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Issuer:     BrightView Holdings, Inc. (BV)
CIK:        0001734713
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001104659-23-055738
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightView CEO Andrew Masterman resigns; Jim Abrahamson named interim CEO
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- Masterman steps down as President & CEO and from board, effective May 31, 2023; will advise for one month.
- Director since 2015 Jim Abrahamson appointed interim CEO; receives $100k/mo salary and $1.2M RSU grant.
- Masterman gets 12 months base salary ($950k), full FY bonus, 18 months COBRA, $7.5k outplacement, 223,739 RSUs vesting Nov 2023.
- Board starts permanent CEO search with executive search firm; Abrahamson will serve until successor is hired.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734713/000110465923055738/0001104659-23-055738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734713/000110465923055738/tm2314364d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-055738

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