leadership
confidence high
sentiment neutral
materiality 0.30
Lumen CAO Genschaw resigns for external CFO role; Holt succeeds as CAO/Controller
Lumen Technologies, Inc.
- Andrea Genschaw resigned as CAO/Controller effective Sept 23, 2025 to become CFO at another company; no disagreement with Lumen.
- Donald Holt appointed as CAO and Controller effective Sept 23; he was VP and Assistant Controller since Sept 2023.
- Holt's salary increased to $350,000; annual bonus target 70% of base; LTI target $425,000/yr.
- Holt receives one-time cash award of $150,000 and one-time restricted stock of $150,000, both vesting over three years.
item 5.02