InnovAge appoints Ben Adams as CFO effective July 10, replacing Barb Gutierrez

InnovAge Holding Corp.

Ben Adams named CFO effective July 10, 2023; base salary $435,000, target bonus 50% of base.
Adams receives grant of 863,700 Class B units of TCO Group Holdings; 50% time-vesting, 50% performance-vesting.
Outgoing CFO Barbara Gutierrez steps down July 10, stays as Senior Advisor through Sept 15, 2023.
Gutierrez eligible for severance: 12 months base salary, target bonus, health coverage; accelerated vesting of 82,756 Class B units.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Benjamin C. Adams

Chief Financial Officer

INNV · InnovAge Holding Corp.

Effective: 2023-07-10
Filed: July 5, 2023, 7:59 PM ET

The Company) appointed Benjamin C. Adams as Chief Financial Officer of the Company effective July 10, 2023 (the “Transition Date”).

Departed

Barbara Gutierrez

Chief Financial Officer

INNV · InnovAge Holding Corp.

Effective: 2023-07-10
Successor: Benjamin C. Adams
Filed: July 5, 2023, 7:59 PM ET

Barbara Gutierrez, who will step down from the role of Chief Financial Officer, effective as of the Transition Date, and will remain employed by the Company as Senior Advisor

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Benjamin C. Adams was appointed as Chief Financial Officer at InnovAge Holding Corp..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Company) appointed Benjamin C. Adams as Chief Financial Officer of the Company effective July 10, 2023 (the “Transition Date”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Barbara Gutierrez departed as Chief Financial Officer at InnovAge Holding Corp..

Action: stepped down
Role: Chief Financial Officer

Exact text from the filing

Barbara Gutierrez, who will step down from the role of Chief Financial Officer, effective as of the Transition Date, and will remain employed by the Company as Senior Advisor

View on SEC.gov

InnovAge Holding Corp. filing history →

Source: SEC EDGAR

accession 0001104659-23-078256

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