BrightView appoints Dale A. Asplund as President and CEO effective Oct 1, 2023

BrightView Holdings, Inc.

Dale A. Asplund appointed President & CEO effective Oct 1, 2023; replaces interim CEO James R. Abrahamson, who stays on board.
Base salary of $950,000; target annual bonus of 130% of base; sign-on bonus of $500,000.
Long-term incentive target of at least $4M in FY2024; new hire awards of 250,000 RSUs and 250,000 target PSUs, 4-year vest.
Matching RSU award for personal investment up to $5.5M in company stock within 30 days of effective date.

item 5.02 item 9.01

Executive movements

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Role change

James R. Abrahamson

interim President and Chief Executive Officer

BV · BrightView Holdings, Inc.

Effective: 2023-10-01
Successor: Dale A. Asplund
Filed: August 28, 2023, 7:59 PM ET

to replace James R. Abrahamson who has been serving as interim President and Chief Executive Officer of the Company since June 1, 2023. Mr. Abrahamson will continue as a director of the Company.

Appointed

Dale A. Asplund

President and Chief Executive Officer

BV · BrightView Holdings, Inc.

Effective: 2023-10-01
Filed: August 28, 2023, 7:59 PM ET

On August 28, 2023, BrightView Holdings, Inc. (the “Company”) announced the appointment of Dale A. Asplund as President and Chief Executive Officer (principal executive officer) of the Company, effective October 1, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

James R. Abrahamson changed role as interim President and Chief Executive Officer at BrightView Holdings, Inc..

Action: replaced
Role: interim President and Chief Executive Officer

Exact text from the filing

to replace James R. Abrahamson who has been serving as interim President and Chief Executive Officer of the Company since June 1, 2023. Mr. Abrahamson will continue as a director of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dale A. Asplund was appointed as President and Chief Executive Officer at BrightView Holdings, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On August 28, 2023, BrightView Holdings, Inc. (the “Company”) announced the appointment of Dale A. Asplund as President and Chief Executive Officer (principal executive officer) of the Company, effective October 1, 2023

View on SEC.gov

BrightView Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-095527

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