secwatch / observer
8-K filed August 15, 2023, 7:59 PM ET CIK 0001577916
leadership confidence high sentiment neutral materiality 0.35

Premier board chair Terry Shaw to resign; CEO Alkire receives $3M retention RSU grant

Premier, Inc.

Executive movements

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

Appointed

Richard J. Statuto

Chair of the Board
Premier, Inc.
Effective
2023-10-01
Filed
August 15, 2023, 7:59 PM ET
The Board appointed Richard J. Statuto, the current Vice Chair of the Board, to succeed Mr. Shaw as Chair of the Board effective October 1, 2023 as part of a planned transition.
Departed

Terry D. Shaw

Chair of the Board
Premier, Inc.
Effective
2023-10-01
Successor
Richard J. Statuto
Filed
August 15, 2023, 7:59 PM ET
Terry D. Shaw, Chair of the Board of Directors (the “Board”), of Premier, Inc. (the “Company”) informed the Company of his intention to resign from the Board effective October 1, 2023, which is the tenth anniversary of his joining the Board. Mr. Shaw’s decision to resign from the Board was not the result of any disagreement with the Company or the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard J. Statuto was appointed as Chair of the Board at Premier, Inc..

Action
appointed
Role
Chair of the Board
Exact text from the filing
The Board appointed Richard J. Statuto, the current Vice Chair of the Board, to succeed Mr. Shaw as Chair of the Board effective October 1, 2023 as part of a planned transition.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Terry D. Shaw resigned as Chair of the Board at Premier, Inc..

Action
resigned
Role
Chair of the Board
Exact text from the filing
Terry D. Shaw, Chair of the Board of Directors (the “Board”), of Premier, Inc. (the “Company”) informed the Company of his intention to resign from the Board effective October 1, 2023, which is the tenth anniversary of his joining the Board. Mr. Shaw’s decision to resign from the Board was not the result of any disagreement with the Company or the Board.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Premier, Inc.: Amended Article II, Section 1 of the Bylaws to change the board voting requirement from affirmative vote of a majority of the entire board to affirmative vote of a majority of unrecused directors voting at a meeting with a quorum (effective 2023-08-10).

Change
bylaw amendment
Effective
2023-08-10
Exact text from the filing
On August 10, 2023, the Board approved an amendment to Article II, Section 1 of the Amended and Restated Bylaws of the Company (the “Bylaws”) as follows: Article II, Section 1 of the Bylaws are hereby amended to strike the phrase “any act of the Board shall require the affirmative vote of a number of directors constituting the majority of the directors constituting the entire Board” and replace it with “any act of the Board shall require the affirmative vote of a majority of the unrecused directors voting at a meeting at which a quorum is present”.
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-213550
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