{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-001732","form_type":"8-K","ticker":null,"cik":"0001337619","company_name":"ENVESTNET, INC.","filed_at":"2024-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.866707+00:00","generated_at":"2026-06-07T02:05:08.900502+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Envestnet CEO Bill Crager to step down March 31, 2024; interim CEO James Fox appointed; Q4/FY guidance reaffirmed","bullets":["CEO Bill Crager will step down effective March 31, 2024, becoming Senior Advisor focusing on clients and partnerships.","Board Chair James Fox appointed interim CEO starting April 1, 2024; search for permanent CEO initiated.","Separation agreement: accrued salary through March 31, 2024, unpaid expenses, and equity awards vesting through March 2025.","Company reaffirms Q4 2023 revenue $309-314M, adj. EBITDA $64.5-68.5M; full year revenue $1,237-1,242M, adj. EBITDA $245-249M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-001732","json":"https://secwatch.observer/filing/0001213900-24-001732.json","markdown":"https://secwatch.observer/filing/0001213900-24-001732.md","text":"https://secwatch.observer/filing/0001213900-24-001732.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1337619/000121390024001732/0001213900-24-001732-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1337619/000121390024001732/ea191296-8k_envestnet.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T02:05:08.900502+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33bdeb6cd4d6f6335d7fbe37f052cfbc7e1a9014","claim":"ENVESTNET, INC. reported fourth quarter 2023 results: revenue $309 - $314 million. Guidance reaffirmed.","evidence_excerpt":"Envestnet expects its fourth quarter 2023 revenue to be between $309 - $314 million and adjusted EBITDA between $64.5 - $68.5 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1337619/000121390024001732/0001213900-24-001732-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2023"},{"label":"Revenue","value":"$309 - $314 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"571f2ea2952f2a102425f64d903c6282342f5842","claim":"ENVESTNET, INC. reported full year 2023 results: revenue $1,237-$1,242 million. Guidance reaffirmed.","evidence_excerpt":"For the full year 2023, Envestnet expects revenue to be between $1,237-$1,242 million and adjusted EBITDA to be between $245-$249 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1337619/000121390024001732/0001213900-24-001732-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$1,237-$1,242 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"5d9da9303a","claim":"William Crager departed as chief executive officer at ENVESTNET, INC..","evidence_excerpt":"Mr. Crager will step down as chief executive officer of Envestnet and each of its subsidiaries on March 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1337619/000121390024001732/0001213900-24-001732-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"step down"},{"label":"Role","value":"chief executive officer"}],"fact_type":"executive_change"},{"claim_id":"e5820570bf","claim":"James Fox was appointed as Interim CEO at ENVESTNET, INC..","evidence_excerpt":"Mr. Fox will serve as Interim CEO commencing on April 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1337619/000121390024001732/0001213900-24-001732-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim CEO"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}