secwatch.observer — SEC 8-K summary
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Issuer:     Lumen Technologies, Inc. (LUMN)
CIK:        0000018926
Form:       8-K
Filed at:   2022-09-13T23:59:59+00:00
Accession:  0001193125-22-243230
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumen appoints Kate Johnson as President and CEO, effective Nov 7, 2022; Jeff Storey to retire
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- Kate Johnson succeeds Jeff Storey as President, CEO and Board member effective Nov 7, 2022.
- Johnson previously President of Microsoft U.S. and served on UPS board.
- Johnson receives $1.2M base salary, $2.4M target STI, $14.25M LTI, plus sign-on cash and equity awards totaling $2M.
- Storey to serve as Senior Advisor through Dec 31, 2022, then retire; receives $20,000 artwork and extended COBRA.
- Transition is result of multi-year planned succession per Board Chairman T. Michael Glenn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18926/000119312522243230/0001193125-22-243230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18926/000119312522243230/d396237d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-243230

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