secwatch.observer — SEC 8-K summary
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Issuer:     VISA INC. (V)
CIK:        0001403161
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001403161-22-000072
Event type: leadership
Sentiment:  neutral
Materiality: 0.10
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Visa appoints Kermit R. Crawford to board of directors, effective Oct 7, 2022
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- Board size increased from 11 to 12 members; Crawford is independent under NYSE listing standards.
- Crawford is former president/COO of Rite Aid (2017-2019) and former Walgreens exec; also serves on C.H. Robinson and Allstate boards.
- Will serve on Audit and Risk Committee and Nominating and Corporate Governance Committee starting Jan 1, 2023.
- Standard non-employee director compensation applies; indemnification agreement to be entered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403161/000140316122000072/0001403161-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403161/000140316122000072/v-20221007.htm
  HTML page:      https://secwatch.observer/filing/0001403161-22-000072

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