Global Payments names President/COO Cameron Bready as CEO effective June 1; Jeff Sloan steps down

GLOBAL PAYMENTS INC

Cameron M. Bready, current President and COO, will become President and CEO effective June 1, 2023, succeeding Jeffrey S. Sloan.
Jeffrey S. Sloan steps down as CEO and from the Board on June 1, 2023; will aid transition.
Bready will also join the Board; salary set at $1,000,000/year with target annual bonus of at least 200% of base salary.
Succession follows strategic pivot completion including EVO Payments acquisition and divestitures of Netspend consumer and gaming businesses.

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.

Appointed

Cameron M. Bready

President and Chief Executive Officer

GPN · GLOBAL PAYMENTS INC

Effective: 2023-06-01
Filed: May 1, 2023, 7:59 PM ET

On May 1, 2023, Global Payments Inc. (the “Company”) announced that Cameron M. Bready, the Company’s existing President and Chief Operating Officer will succeed Jeffrey S. Sloan as Chief Executive Officer of the Company, with the title of President and Chief Executive Officer, effective June 1, 2023

Appointed

Cameron M. Bready

Director

GPN · GLOBAL PAYMENTS INC

Effective: 2023-06-01
Filed: May 1, 2023, 7:59 PM ET

Mr. Bready will also be elected to the Board of Directors of the Company as of the Effective Date.

Departed

Jeffrey S. Sloan

Chief Executive Officer

GPN · GLOBAL PAYMENTS INC

Effective: 2023-06-01
Successor: Cameron M. Bready
Filed: May 1, 2023, 7:59 PM ET

On May 1, 2023, the Company announced that it had entered into a letter agreement with Mr. Sloan dated May 1, 2023 and attached hereto as Exhibit 10.2 pursuant to which the parties acknowledged that Mr. Sloan will be leaving the Company and the Board effective June 1, 2023 as part of the Board’s implementation of the Company’s management succession plan.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cameron M. Bready was appointed as President and Chief Executive Officer at GLOBAL PAYMENTS INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On May 1, 2023, Global Payments Inc. (the “Company”) announced that Cameron M. Bready, the Company’s existing President and Chief Operating Officer will succeed Jeffrey S. Sloan as Chief Executive Officer of the Company, with the title of President and Chief Executive Officer, effective June 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Cameron M. Bready was elected as Director at GLOBAL PAYMENTS INC.

Action: elected
Role: Director

Exact text from the filing

Mr. Bready will also be elected to the Board of Directors of the Company as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey S. Sloan resigned as Chief Executive Officer at GLOBAL PAYMENTS INC.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On May 1, 2023, the Company announced that it had entered into a letter agreement with Mr. Sloan dated May 1, 2023 and attached hereto as Exhibit 10.2 pursuant to which the parties acknowledged that Mr. Sloan will be leaving the Company and the Board effective June 1, 2023 as part of the Board’s implementation of the Company’s management succession plan.

View on SEC.gov

GLOBAL PAYMENTS INC filing history →

Source: SEC EDGAR

accession 0001193125-23-128698

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