---
schema_version: "secwatch.filing_event.v1"
accession: "0001318568-25-000010"
form_type: "8-K"
ticker: null
cik: "0001318568"
company_name: "Everi Holdings Inc."
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T08:35:31.589049+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001318568-25-000010
- form_type: 8-K
- cik: 0001318568
- company_name: Everi Holdings Inc.
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318568/000131856825000010/0001318568-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318568/000131856825000010/evri-20250320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001318568-25-000010
- JSON: https://secwatch.observer/filing/0001318568-25-000010.json
- Plain text: https://secwatch.observer/filing/0001318568-25-000010.txt

## Key facts
- Executive change
  Michael D. Rumbolz was appointed as Executive Chair at Everi Holdings Inc..
  - Action: reappointed
  - Role: Executive Chair
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318568/000131856825000010/0001318568-25-000010-index.htm

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