---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-243825"
form_type: "8-K"
ticker: "NATL"
cik: "0001974138"
company_name: "NCR Atleos Corp"
filed_at: "2023-09-27T23:59:59+00:00"
generated_at: "2026-06-10T08:23:51.671499+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Tim Oliver appointed CEO of NCR Atleos contingent on spin-off; $800k salary, 150% bonus, $5.5M equity

## Summary
- Timothy C. Oliver designated CEO of NCR Atleos, effective upon spin-off from NCR (renamed NCR Voyix).
- Annual base salary of $800,000; total annual cash target bonus opportunity of 150% of base salary.
- Eligible for annual equity grants under Atleos 2023 Stock Incentive Plan with minimum grant date value of $5,500,000 starting 2024.
- Severance: 1x salary plus target bonus under Executive Severance Plan; 2x (3x within two years post-spin-off) under Change in Control Plan.
- Spin-off completion remains subject to conditions described in Form 10 and information statement.

## SEC filing metadata
- accession: 0001193125-23-243825
- form_type: 8-K
- ticker: NATL
- cik: 0001974138
- company_name: NCR Atleos Corp
- filed_at: 2023-09-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1974138/000119312523243825/0001193125-23-243825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1974138/000119312523243825/d552153d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-243825
- JSON: https://secwatch.observer/filing/0001193125-23-243825.json
- Plain text: https://secwatch.observer/filing/0001193125-23-243825.txt

## Key facts
- Executive change
  Timothy C. Oliver was appointed as Chief Executive Officer at NCR Atleos Corp.
  - Action: designated
  - Role: Chief Executive Officer
  source text: Timothy C. Oliver has been designated as the Chief Executive Officer of NCR Atleos, LLC (“Atleos”), effective as of and conditional upon the separation of Atleos from NCR Corporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1974138/000119312523243825/0001193125-23-243825-index.htm

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