secwatch / observer
8-K filed October 20, 2023, 7:59 PM ET ticker AFRM CIK 0001820953
leadership confidence high sentiment neutral materiality 0.40

Director resignation, appointment of Manolo Sanchez, and bylaw amendment on majority voting

Affirm Holdings, Inc.

Executive movements

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

Departed

Jenny J. Ming

Director
AFRM · Affirm Holdings, Inc.
Effective
2023-10-31
Filed
October 20, 2023, 7:59 PM ET
On October 17, 2023, Jenny J. Ming, a member of the Board of Directors (the “Board”) of Affirm Holdings, Inc. (the “Company”), resigned as a member of the Board, effective October 31, 2023.
Appointed

Manolo Sánchez

Director
AFRM · Affirm Holdings, Inc.
Effective
2023-11-01
Filed
October 20, 2023, 7:59 PM ET
On October 18, 2023, the Board appointed Manolo Sánchez to the Board as a Class II director, effective November 1, 2023, with a term expiring at the Company’s 2025 annual meeting of stockholders.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jenny J. Ming resigned as Director at Affirm Holdings, Inc..

Action
resigned
Role
Director
Exact text from the filing
On October 17, 2023, Jenny J. Ming, a member of the Board of Directors (the “Board”) of Affirm Holdings, Inc. (the “Company”), resigned as a member of the Board, effective October 31, 2023.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Manolo Sánchez was appointed as Director at Affirm Holdings, Inc..

Action
appointed
Role
Director
Exact text from the filing
On October 18, 2023, the Board appointed Manolo Sánchez to the Board as a Class II director, effective November 1, 2023, with a term expiring at the Company’s 2025 annual meeting of stockholders.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Affirm Holdings, Inc.: Amended bylaws to implement majority vote standard in uncontested director elections and adopt resignation policy for directors failing to receive sufficient votes under that standard (effective 2023-10-18).

Change
bylaw amendment
Effective
2023-10-18
Exact text from the filing
On October 18, 2023, the Board approved amendments to the Company’s Amended and Restated Bylaws (the “Amended Bylaws”). The Amended Bylaws implement a majority vote standard in uncontested director elections. At the same time, the Board adopted a resignation policy for incumbent directors who fail to receive sufficient votes under the majority vote standard.
View on SEC.gov

101 governance changes filed in the last 30 days. Browse all governance changes →

Affirm Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-23-034811
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