secwatch.observer — SEC 8-K summary
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Issuer:     MARKETAXESS HOLDINGS INC (MKTX)
CIK:        0001278021
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001193125-24-045398
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketAxess appoints Ilene Fiszel Bieler as CFO effective May 22, 2024
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- Ilene Fiszel Bieler appointed CFO, starting on/about May 22, 2024, replacing Christopher Gerosa (left Jan 31, 2024).
- Base salary $450k; target cash bonus $800k; target annual equity grant $1.15M (50% time-based, 50% performance-based).
- One-time make-whole: $1.15M cash (reduced by forfeited awards) and $2.7M in RSUs vesting over 3 years.
- Severance: 1x base+avg bonus (12-month installments) for non-CIC terminations; 1.5x lump sum for CIC terminations; health benefits.
- Bieler previously EVP, COO at State Street Global Markets; earlier roles at Barclays and Citigroup; reports to CEO Chris Concannon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278021/000119312524045398/0001193125-24-045398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278021/000119312524045398/d798718d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-045398

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