secwatch.observer — SEC 8-K summary
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Issuer:     Compass Group Diversified Holdings LLC (—)
CIK:        0001345122
Form:       8-K
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0001345126-24-000052
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

CODI CFO Ryan Faulkingham out without cause; receives $1.375M severance + $300K transition
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- CFO Ryan Faulkingham terminated without cause effective Aug 30, 2024; also resigned as trustee.
- Severance: $500,000 (12 months base salary) plus $575,000 (2023 bonus); COBRA reimbursed through Dec 2025.
- Transition services for 60 days at $300,000; will provide part-time assistance.
- No successor or interim CFO named in filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345122/000134512624000052/0001345126-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345122/000134512624000052/codi-20240912.htm
  HTML page:      https://secwatch.observer/filing/0001345126-24-000052

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