Everi re-appoints Michael D. Rumbolz as Executive Chair effective April 1, 2025

Everi Holdings Inc.

Agreement: $12,500 monthly cash compensation; discretionary $50K cash bonus based on Board criteria.
Equity award valued at ~$205K, subject to Compensation Committee approval; vesting tied to closing of pending merger with IGT and Voyager Parent.
Term is month-to-month, terminable on 30 days' notice; non-compete for 1 year, non-solicit for 2 years.
Rumbolz has served as Executive Chair since April 2022; agreement provides COBRA coverage for 18 months after termination.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Michael D. Rumbolz

Executive Chair

Everi Holdings Inc.

Effective: 2025-04-01
Filed: March 21, 2025, 7:59 PM ET

On March 20, 2025, Everi Holdings Inc. (the “Company”) entered into an Executive Chair Agreement (the "Agreement") to reappoint Michael D. Rumbolz to serve in the role of Executive Chair of the Board of Directors (the "Board") of the Company, effective April 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael D. Rumbolz was appointed as Executive Chair at Everi Holdings Inc..

Action: reappointed
Role: Executive Chair

Exact text from the filing

On March 20, 2025, Everi Holdings Inc. (the “Company”) entered into an Executive Chair Agreement (the "Agreement") to reappoint Michael D. Rumbolz to serve in the role of Executive Chair of the Board of Directors (the "Board") of the Company, effective April 1, 2025.

View on SEC.gov

Source: SEC EDGAR

accession 0001318568-25-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.