---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-043738"
form_type: "8-K"
ticker: "PRSU"
cik: "0000884219"
company_name: "Pursuit Attractions & Hospitality, Inc."
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:40:59.548105+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Viad Corp sells GES/Spiro for $535M; CEO Moster steps down, Barry named successor

## Summary
- Viad to sell GES and Spiro businesses for $535M ($510M base + $25M deferred) to TL Voltron Purchaser.
- Closing conditioned on HSR clearance; expected by April 30, 2025; Buyer pays $25M termination fee if fails to close.
- CEO Steven Moster steps down upon close; David Barry (Pursuit President) becomes President & CEO with $750K base, 100% target bonus, $3M LTI.
- COO Derek Linde and Spiro President Jeffrey Stelmach step down; receive $1.7M and $1.55M transaction incentive awards.
- Buyer has committed debt and equity financing; limited guaranty for termination fee from Buyer's affiliates.

## SEC filing metadata
- accession: 0001140361-24-043738
- form_type: 8-K
- ticker: PRSU
- cik: 0000884219
- company_name: Pursuit Attractions & Hospitality, Inc.
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884219/000114036124043738/0001140361-24-043738-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884219/000114036124043738/ef20037469_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-043738
- JSON: https://secwatch.observer/filing/0001140361-24-043738.json
- Plain text: https://secwatch.observer/filing/0001140361-24-043738.txt

## Key facts
- Executive change
  Derek P. Linde departed as Chief Operating Officer at Pursuit Attractions & Hospitality, Inc..
  - Action: departing
  - Role: Chief Operating Officer
  source text: Transaction-Related Compensation and Executive Departures In connection with the Transaction, Derek P. Linde, Chief Operating Officer of the Company and President
  evidence_url: https://www.sec.gov/Archives/edgar/data/884219/000114036124043738/0001140361-24-043738-index.htm
- Executive change
  David W. Barry was appointed as President and Chief Executive Officer at Pursuit Attractions & Hospitality, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: David W. Barry, the current President of Pursuit, to serve as the Company’s President and Chief Executive Officer, contingent upon and effective as of the closing of the Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884219/000114036124043738/0001140361-24-043738-index.htm
- Executive change
  Steven W. Moster departed as President and Chief Executive Officer at Pursuit Attractions & Hospitality, Inc..
  - Action: step down
  - Role: President and Chief Executive Officer
  source text: Steven W. Moster, President and Chief Executive Officer of the Company, who will step down from his role at the Company, contingent upon and effective as of the closing of the Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884219/000114036124043738/0001140361-24-043738-index.htm

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