8-K
filed October 8, 2021, 7:59 PM ET
ticker ZD
CIK 0001084048
M&A
confidence high
sentiment neutral
materiality 0.75
Ziff Davis completes Consensus Cloud spin-off (80.1% distribution); appoints interim CFO, announces tender results
ZIFF DAVIS, INC.
- Spin-off completed Oct 7: 80.1% of Consensus Cloud Solutions (CCSI) distributed; stockholders get 1 CCSI share per 3 ZD shares.
- Name change from J2 Global to Ziff Davis, Inc.; common stock continues trading as ZD.
- Scott Turicchi resigns as President/CFO to become Consensus CEO; Steve Dunn named interim principal financial officer.
- Tender offer accepted $83.3M of 4.625% senior notes due 2030 at $1,080 per $1,000; proration factor 13.08%.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Steve Dunn was appointed as interim principal financial officer at ZIFF DAVIS, INC..
- Action
- appointed
- Role
- interim principal financial officer
Exact text from the filing
On October 7, 2021, Steve Dunn, age 52, was appointed the interim principal financial officer of the Company while the Company is engaging in a search process for a new chief financial officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Pamela Sutton-Wallace resigned as Director at ZIFF DAVIS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Doug Bech, Stephen Ross and Pamela Sutton-Wallace resigned as members of the Company’s board of directors (the “Board”), effective as of immediately prior to the Separation, to serve as directors of Consensus.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Scott Turicchi resigned as President and Chief Financial Officer at ZIFF DAVIS, INC..
- Action
- resigned
- Role
- President and Chief Financial Officer
Exact text from the filing
Additionally, Scott Turicchi resigned as President and Chief Financial Officer, effective as of immediately prior to the effectiveness of the Separation.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Doug Bech resigned as Director at ZIFF DAVIS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Doug Bech, Stephen Ross and Pamela Sutton-Wallace resigned as members of the Company’s board of directors (the “Board”), effective as of immediately prior to the Separation, to serve as directors of Consensus.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Ross resigned as Director at ZIFF DAVIS, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
each of Doug Bech, Stephen Ross and Pamela Sutton-Wallace resigned as members of the Company’s board of directors (the “Board”), effective as of immediately prior to the Separation, to serve as directors of Consensus.
View on SEC.gov
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