secwatch.observer — SEC 8-K summary
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Issuer:     ModivCare Inc (—)
CIK:        0001220754
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001437749-23-024492
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ModivCare appoints Barbara Gutierrez as CFO effective Sept 18, 2023
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- Barbara Gutierrez named CFO; start date September 18, 2023; succeeds interim CFO L. Heath Sampson who remains CEO.
- Gutierrez previously CFO of InnovAge (PACE provider); 30+ years executive finance experience in healthcare.
- Compensation: $500k base salary, short-term incentive target up to 100% of base, long-term equity target up to 150% of base.
- Gutierrez will receive 12 months severance under executive policy and enters restrictive covenants agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1220754/000143774923024492/0001437749-23-024492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1220754/000143774923024492/modv20230822_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-024492

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