CPSI appoints Vinay Bassi as CFO effective Jan 1, 2024; Matt Chambless to depart

TruBridge, Inc.

Matt Chambless will step down as CFO, Treasurer and Secretary on Dec 31, 2023; no disagreement with company.
Vinay Bassi appointed CFO, Treasurer and Secretary effective Jan 1, 2024; most recently CFO at Nielsen's Audience Measurement division.
Bassi receives $500,000 base salary, 45% target bonus, one-time $700K equity grant and $450K sign-on cash bonus.
Chambless will remain as advisor post-transition to ensure a smooth handover.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Vinay Bassi

Chief Financial Officer, Treasurer and Secretary

TBRG · TruBridge, Inc.

Effective: 2024-01-01
Filed: November 7, 2023, 6:59 PM ET

On November 7, 2023, the Company announced that Vinay Bassi would succeed Mr. Chambless as Chief Financial Officer, Treasurer and Secretary of the Company, effective as of the Effective Date.

Departed

Matthew J. Chambless

Chief Financial Officer, Treasurer and Secretary

TBRG · TruBridge, Inc.

Effective: 2023-12-31
Successor: Vinay Bassi
Filed: November 7, 2023, 6:59 PM ET

On November 1, 2023, Computer Programs & Systems, Inc. (“CPSI” or the “Company”) and Matthew J. Chambless, the Company’s Chief Financial Officer, Treasurer and Secretary, agreed that Mr. Chambless will no longer serve as the Company’s Chief Financial Officer, Treasurer and Secretary, effective December 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Vinay Bassi was appointed as Chief Financial Officer, Treasurer and Secretary at TruBridge, Inc..

Action: appointed
Role: Chief Financial Officer, Treasurer and Secretary

Exact text from the filing

On November 7, 2023, the Company announced that Vinay Bassi would succeed Mr. Chambless as Chief Financial Officer, Treasurer and Secretary of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew J. Chambless departed as Chief Financial Officer, Treasurer and Secretary at TruBridge, Inc..

Action: agreed to no longer serve
Role: Chief Financial Officer, Treasurer and Secretary

Exact text from the filing

On November 1, 2023, Computer Programs & Systems, Inc. (“CPSI” or the “Company”) and Matthew J. Chambless, the Company’s Chief Financial Officer, Treasurer and Secretary, agreed that Mr. Chambless will no longer serve as the Company’s Chief Financial Officer, Treasurer and Secretary, effective December 31, 2023.

View on SEC.gov

TruBridge, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-272447

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