---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-042608"
form_type: "8-K"
ticker: "ASRT"
cik: "0001808665"
company_name: "Assertio Holdings, Inc."
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T03:43:44.928484+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Assertio director Tyree declines reelection over board retirement policy dispute

## Summary
- James L. Tyree, Compensation Committee Chair, will not stand for reelection at 2024 annual meeting.
- Tyree disagreed with potential waiver of mandatory retirement policy for Board Chair Peter D. Staple.
- Board declined to act on Tyree's suggestion to raise retirement age from 72 to 75.
- Company provided Tyree opportunity to respond; Exhibit 17.1 includes his correspondence.

## SEC filing metadata
- accession: 0001104659-24-042608
- form_type: 8-K
- ticker: ASRT
- cik: 0001808665
- company_name: Assertio Holdings, Inc.
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808665/000110465924042608/0001104659-24-042608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808665/000110465924042608/tm2410427d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-042608
- JSON: https://secwatch.observer/filing/0001104659-24-042608.json
- Plain text: https://secwatch.observer/filing/0001104659-24-042608.txt

## Key facts
- Executive change
  James L. Tyree departed as Director, Chairman of Compensation Committee at Assertio Holdings, Inc..
  - Action: declined to stand for reelection
  - Role: Director, Chairman of Compensation Committee
  source text: On March 27, 2024, James L. Tyree, Chairman of the Compensation Committee of the Board of Directors (the “Board”) of Assertio Holdings, Inc. (the “Company”), informed the Board at an informal meeting that he declined to stand for reelection at the 2024 Annual Meeting of Stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000110465924042608/0001104659-24-042608-index.htm

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