---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-213550"
form_type: "8-K"
ticker: null
cik: "0001577916"
company_name: "Premier, Inc."
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:24:59.217437+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Terry D. Shaw to resign as Board Chair effective Oct 1, 2023; Richard J. Statuto appointed as Chair in planned transition.
- CEO Michael J. Alkire receives $3M retention RSU grant vesting Aug 2026, salary increase to $1.1M, equity target to 500%.
- CFO Craig McKasson base salary increased to $685,000 from $635,613 effective Sept 1, 2023.
- Bylaws amended to change board voting standard from majority of entire board to majority of unrecused directors at quorate meeting.

## SEC filing metadata
- accession: 0001193125-23-213550
- form_type: 8-K
- cik: 0001577916
- company_name: Premier, Inc.
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1577916/000119312523213550/0001193125-23-213550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1577916/000119312523213550/d526945d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-213550
- JSON: https://secwatch.observer/filing/0001193125-23-213550.json
- Plain text: https://secwatch.observer/filing/0001193125-23-213550.txt

## Key facts
- Executive change
  Richard J. Statuto was appointed as Chair of the Board at Premier, Inc..
  - Action: appointed
  - Role: Chair of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577916/000119312523213550/0001193125-23-213550-index.htm
- Executive change
  Terry D. Shaw resigned as Chair of the Board at Premier, Inc..
  - Action: resigned
  - Role: Chair of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577916/000119312523213550/0001193125-23-213550-index.htm
- Governance Changes
  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
  source text: 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”.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577916/000119312523213550/0001193125-23-213550-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.