---
schema_version: "secwatch.filing_event.v1"
accession: "0001123360-24-000021"
form_type: "8-K"
ticker: "GPN"
cik: "0001123360"
company_name: "GLOBAL PAYMENTS INC"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:07:56.397927+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Global Payments appoints Robert Cortopassi as President and COO effective immediately

## Summary
- 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.

## SEC filing metadata
- accession: 0001123360-24-000021
- form_type: 8-K
- ticker: GPN
- cik: 0001123360
- company_name: GLOBAL PAYMENTS INC
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123360/000112336024000021/0001123360-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1123360/000112336024000021/gpn-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001123360-24-000021
- JSON: https://secwatch.observer/filing/0001123360-24-000021.json
- Plain text: https://secwatch.observer/filing/0001123360-24-000021.txt

## Key facts
- Executive change
  Robert Cortopassi was appointed as President and Chief Operating Officer at GLOBAL PAYMENTS INC.
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1123360/000112336024000021/0001123360-24-000021-index.htm

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