Global Payments appoints Robert Cortopassi as President and COO effective immediately

GLOBAL PAYMENTS INC

Cortopassi, 49, previously President of International and Vertical Markets, assumes role effective August 6, 2024.
Compensation: $775k base salary, 125% target bonus, $5M target equity grant, and $2.35M initial one-time equity grant.
Employment agreement: 3-year term with automatic renewal, 24-month non-compete and non-solicit post-termination.
Severance: 18 months base salary for non-cause termination; 2x base salary plus bonus in change-in-control scenario.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Robert Cortopassi

President and Chief Operating Officer

GPN · GLOBAL PAYMENTS INC

Effective: 2024-08-06
Filed: August 6, 2024, 7:59 PM ET

On August 6, 2024, Global Payments Inc. (the “Company”) announced that Robert Cortopassi has been appointed to serve as the Company’s new President and Chief Operating Officer, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Cortopassi was appointed as President and Chief Operating Officer at GLOBAL PAYMENTS INC.

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

On August 6, 2024, Global Payments Inc. (the “Company”) announced that Robert Cortopassi has been appointed to serve as the Company’s new President and Chief Operating Officer, effective immediately.

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GLOBAL PAYMENTS INC filing history →

Source: SEC EDGAR

accession 0001123360-24-000021

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