---
schema_version: "secwatch.filing_event.v1"
accession: "0001223389-24-000008"
form_type: "8-K"
ticker: null
cik: "0001223389"
company_name: "CONNS INC"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:04:30.257463+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Conn's sets CEO pay at $1M salary, 150% bonus target; promotes Santo to CFO

## Summary
- CEO Norman Miller receives base salary of $1M, target bonus 150% of base ($1.5M), max 200% ($3M).
- Miller's severance agreement provides 24 months salary on non-cause termination; change-of-control triggers 3x salary lump sum plus full vesting.
- CFO Timothy Santo promoted from interim; base salary increases to $475k from $350k, bonus unchanged at 50% target, 100% max.
- Santo joined Conn's in April 2023 as VP and CAO; served as interim CFO since Nov 2023.
- Both executives eligible for annual long-term incentive awards determined by Compensation Committee.

## SEC filing metadata
- accession: 0001223389-24-000008
- form_type: 8-K
- cik: 0001223389
- company_name: CONNS INC
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1223389/000122338924000008/0001223389-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1223389/000122338924000008/conn-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001223389-24-000008
- JSON: https://secwatch.observer/filing/0001223389-24-000008.json
- Plain text: https://secwatch.observer/filing/0001223389-24-000008.txt

## Key facts
- Executive change
  Timothy Santo was appointed as Chief Financial Officer at CONNS INC.
  - Action: promoted
  - Role: Chief Financial Officer
  source text: Effective February 15, 2024, the Company promoted Mr. Timothy Santo, age 47, to Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1223389/000122338924000008/0001223389-24-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.