secwatch.observer — SEC 8-K summary
======================================

Issuer:     NCR Voyix Corp (VYX)
CIK:        0000070866
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001193125-25-020393
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCR Voyix appoints James G. Kelly as President & CEO; reaffirms FY2024 guidance
-------------------------------------------------------------------------------

- James G. Kelly named CEO effective Feb 4, 2025, succeeding David Wilkinson; Kevin Reddy becomes non-executive Chair.
- Kelly receives $700k base salary, 125% target bonus, and $5.425M LTI target for 2025.
- Wilkinson departs, treated as termination without cause; severance per prior agreements plus $15k/mo consulting for 60 days.
- Company reaffirms FY2024 revenue and adjusted EBITDA guidance (announced Nov 7, 2024).
- Q4/FY2024 earnings results scheduled for release on Feb 27, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70866/000119312525020393/0001193125-25-020393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70866/000119312525020393/d817151d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-020393

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