secwatch.observer — SEC 8-K summary
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Issuer:     NCS Multistage Holdings, Inc. (NCSM)
CIK:        0001692427
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001692427-22-000022
Event type: leadership
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCS Multistage appoints Ryan Hummer as CEO effective Nov 1, 2022; founder Nipper retires but stays on Board
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- Founder and CEO Robert Nipper to retire effective November 1, 2022; remains on Board.
- Ryan Hummer, current CFO, appointed CEO same date; also joins Board as Class II director.
- Hummer has been with NCS since 2014, served as CFO since November 2016.
- Search for Hummer's successor as CFO underway, considering internal and external candidates.
- Hummer's amended employment agreement: $450K base salary, target bonus 100% of base, up to 200%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692427/000169242722000022/0001692427-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692427/000169242722000022/ncsm-20220727x8k.htm
  HTML page:      https://secwatch.observer/filing/0001692427-22-000022

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