secwatch.observer — SEC 8-K summary
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Issuer:     Berry Corp (bry) (—)
CIK:        0001705873
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0001705873-25-000006
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Berry (bry) appoints Jeff Magids as CFO, effective Jan 21, 2025; Helm becomes CAO
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- Jeff Magids appointed VP & CFO, effective Jan 21, 2025; base salary $360,000, target bonus 70% of salary.
- Magids previously VP Finance & IR at SilverBow Resources (NYSE: SBOW) from March 2023 to July 2024.
- Magids also receives annual LTI grant target of $375,000 (RSUs), subject to Comp Committee approval.
- Michael Helm transitions to VP & Chief Accounting Officer, retains principal accounting officer role.
- Magids eligible for 3 months' salary severance on termination without cause plus pro-rated bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705873/000170587325000006/0001705873-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705873/000170587325000006/bry-20250119.htm
  HTML page:      https://secwatch.observer/filing/0001705873-25-000006

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