Trilogy Intl distributes C$27.5M to shareholders, CFO departs, CEO takes over

Trilogy International Partners Inc.

Return of capital distribution of C$27.5M (C$0.31/share) payable July 28, 2023 to holders of record July 19.
Distribution follows release of escrow funds from May 2022 sale of New Zealand subsidiary 2degrees.
After distribution, company holds ~US$8M reserve for expenses through May 2028; expects to dissolve thereafter.
CFO Erik Mickels resigns effective July 31, 2023; CEO Brad Horwitz assumes CFO role.
Mickels leaving to become CFO of MarketWise, Inc.; board thanks him for nine years of service.

item 5.02 item 8.01 item 9.01

Executive movements

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

Role change

Bradley J. Horwitz

Chief Financial Officer

Trilogy International Partners Inc.

Effective: 2023-07-31
Filed: July 6, 2023, 7:59 PM ET

The Board of Directors of the Company has appointed Bradley J. Horwitz, the Company’s Chief Executive Officer, to also serve as the Company’s Chief Financial Officer, effective July 31, 2023.

Departed

Erik Mickels

Senior Vice President and Chief Financial Officer

Trilogy International Partners Inc.

Effective: 2023-07-31
Successor: Bradley J. Horwitz
Filed: July 6, 2023, 7:59 PM ET

Erik Mickels, the Senior Vice President and Chief Financial Officer of Trilogy International Partners Inc. (the “Company”), resigned from his positions with the Company, effective July 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Bradley J. Horwitz was appointed as Chief Financial Officer at Trilogy International Partners Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Board of Directors of the Company has appointed Bradley J. Horwitz, the Company’s Chief Executive Officer, to also serve as the Company’s Chief Financial Officer, effective July 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Erik Mickels resigned as Senior Vice President and Chief Financial Officer at Trilogy International Partners Inc..

Action: resigned
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

Erik Mickels, the Senior Vice President and Chief Financial Officer of Trilogy International Partners Inc. (the “Company”), resigned from his positions with the Company, effective July 31, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0001654954-23-008887

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