leadership
confidence high
sentiment negative
materiality 0.55
Equifax USIS President Todd Horvath departs; CEO Begor interim lead
EQUIFAX INC
- Todd Horvath, EVP President of USIS, departs effective June 1, 2025.
- CEO Mark Begor to lead USIS business unit until a successor is found.
- Horvath receives $2.9M lump-sum severance (approx. 2 years cash comp).
- Prorated 2025 annual incentive to be paid in Q1 2026 based on full-year performance.
- Unvested equity forfeited; Horvath gets $3.2M cash for new-hire make-whole award.
item 5.02