secwatch.observer — SEC 8-K summary
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Issuer:     Frontdoor, Inc. (FTDR)
CIK:        0001727263
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001193125-25-265732
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontdoor appoints Jason Bailey as CFO; Jessica Ross resigns effective Nov 10
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- Jason Bailey appointed SVP & CFO effective Nov 10, 2025; promoted from VP, Finance.
- Bailey receives $475k base salary, 75% target bonus, and $600k performance-share grant vesting on 3rd anniversary subject to performance goals.
- Jessica Ross resigns as CFO; remains as non-executive advisor to CEO through Dec 31, 2025 under Separation and Transition Agreement.
- Ross’s separation qualifies as “Good Reason” resignation; she retains base salary through departure and 2025 AIP bonus at 100% company performance.
- Bailey has 25+ years finance experience; 15+ years with Frontdoor/ServiceMaster and previous Deloitte/Arthur Andersen public accounting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1727263/000119312525265732/0001193125-25-265732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1727263/000119312525265732/ftdr-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-265732

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