8-K filed May 2, 2022, 7:59 PM ET ticker TBRG CIK 0001169445

leadership confidence high sentiment positive materiality 0.75

CPSI announces CEO retirement; Chris Fowler to succeed Boyd Douglas effective July 1, 2022

TruBridge, Inc.

Boyd Douglas retires as President/CEO June 30, 2022; Chris Fowler (current COO) succeeds him July 1, 2022.
Fowler led TruBridge revenue from $25M (2008) to $138M (2021); expects >$185M in 2022.
Douglas to serve as senior advisor through Dec 31, 2022; resigns Board at transition date.
Fowler to join Board of Directors effective July 1, 2022.
Transition Agreement includes salary continuation, bonus eligibility, and restricted stock vesting through restricted period.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Christopher L. Fowler

President and Chief Executive Officer

TBRG · TruBridge, Inc.

Effective: 2022-07-01
Filed: May 2, 2022, 7:59 PM ET

the appointment of Christopher L. Fowler, currently the Chief Operating Officer (“COO”) of the Company and President of the Company’s subsidiary, TruBridge, LLC (“TruBridge”), as President and CEO of the Company, effective as of July 1, 2022

Departed

J. Boyd Douglas, Jr.

Director

TBRG · TruBridge, Inc.

Effective: 2022-07-01
Successor: Christopher L. Fowler
Filed: May 2, 2022, 7:59 PM ET

As of the Transition Date, Mr. Douglas intends to step down as a member of the Board.

Appointed

Christopher L. Fowler

Director

TBRG · TruBridge, Inc.

Effective: 2022-07-01
Filed: May 2, 2022, 7:59 PM ET

The Board has voted to appoint Mr. Fowler to fill the to-be-vacated seat on the Board.

Departed

J. Boyd Douglas, Jr.

President and Chief Executive Officer

TBRG · TruBridge, Inc.

Effective: 2022-06-30
Successor: Christopher L. Fowler
Filed: May 2, 2022, 7:59 PM ET

J. Boyd Douglas, Jr. notified the Company that he intends to retire as President and Chief Executive Officer (“CEO”) of the Company, effective as of June 30, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Christopher L. Fowler was appointed as President and Chief Executive Officer at TruBridge, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the appointment of Christopher L. Fowler, currently the Chief Operating Officer (“COO”) of the Company and President of the Company’s subsidiary, TruBridge, LLC (“TruBridge”), as President and CEO of the Company, effective as of July 1, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

J. Boyd Douglas, Jr. departed as Director at TruBridge, Inc..

Action: step down
Role: Director

Exact text from the filing

As of the Transition Date, Mr. Douglas intends to step down as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Christopher L. Fowler was appointed as Director at TruBridge, Inc..

Action: appointed
Role: Director

Exact text from the filing

The Board has voted to appoint Mr. Fowler to fill the to-be-vacated seat on the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

J. Boyd Douglas, Jr. departed as President and Chief Executive Officer at TruBridge, Inc..

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

J. Boyd Douglas, Jr. notified the Company that he intends to retire as President and Chief Executive Officer (“CEO”) of the Company, effective as of June 30, 2022.

View on SEC.gov

TruBridge, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-136845

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