secwatch.observer — SEC 8-K summary
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Issuer:     Claritev Corp (CTEV)
CIK:        0001793229
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001104659-24-001154
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MultiPlan names Travis Dalton as CEO effective March 1, 2024; Dale White becomes Executive Chair
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- Travis Dalton to succeed Dale White as President and CEO on or around March 1, 2024; Dalton previously GM of Oracle Health.
- Dale White to become Executive Chair, succeeding Mark Tabak; White remains an employee and receives a $1.5M severance package.
- Dalton receives base salary $825,000, sign-on bonus $500,000, target bonus 125%, and equity grants valued over $13M.
- Board size increased from 12 to 13 directors; Dalton appointed as Class I director until 2024 annual meeting.
- White will receive executive chair base salary of $487,500 and equity grant of $750,000 in fiscal 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793229/000110465924001154/0001104659-24-001154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793229/000110465924001154/tm2333690d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-001154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer