secwatch.observer — SEC 8-K summary
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Issuer:     Party City Holdco Inc. (—)
CIK:        0001592058
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001193125-23-281521
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Party City appoints Dan Lamadrid as CFO, replacing interim CFO Jeremy Aguilar
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- Jeremy Aguilar resigned as EVP & Interim CFO effective Dec 1, 2023; not due to any disagreement.
- Dan Lamadrid appointed as EVP & CFO effective Dec 18, 2023; brings over 25 years experience.
- Lamadrid previously served as CFO of Fashionphile (2021-2023) and held senior finance roles at Ascena Retail and Vitamin Shoppe.
- Lamadrid receives $550,000 base salary, 75% bonus target, and a $300,000 sign-on bonus payable by March 31, 2024.
- Severance: 12 months base salary continuation plus pro-rata bonus if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1592058/000119312523281521/0001193125-23-281521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1592058/000119312523281521/d573332d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-281521

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer