MultiPlan appoints Jim Head as EVP & CFO effective Nov 29, 2021, replacing retiring David Redmond

Claritev Corp

Jim Head, former Morgan Stanley Co-Head of M&A and BDT & Company Partner, named CFO.
Base salary of $500,000; target annual bonus 100% of salary; annual equity grant min 400% of base.
Initial equity grant of $2M in stock options at $7.50, $10.00, and $12.50 strike prices, vesting over 4 years.
Outgoing CFO David Redmond will retire at end of 2021, as previously announced.
Head will lead all financial and investor relations activities for MultiPlan.

item 5.02 item 9.01

Executive movements

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

Departed

David Redmond

Chief Financial Officer

CTEV · Claritev Corp

Successor: Jim Head
Filed: November 16, 2021, 6:59 PM ET

David Redmond who will retire at the end of 2021

Appointed

Jim Head

Executive Vice President and Chief Financial Officer

CTEV · Claritev Corp

Effective: 2021-11-29
Filed: November 16, 2021, 6:59 PM ET

announcing the appointment of Jim Head as Executive Vice President and Chief Financial Officer of the Company, effective November 29, 2021

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Redmond departed as Chief Financial Officer at Claritev Corp.

Action: retire
Role: Chief Financial Officer

Exact text from the filing

David Redmond who will retire at the end of 2021

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jim Head was appointed as Executive Vice President and Chief Financial Officer at Claritev Corp.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

announcing the appointment of Jim Head as Executive Vice President and Chief Financial Officer of the Company, effective November 29, 2021

View on SEC.gov

Claritev Corp filing history →

Source: SEC EDGAR

accession 0001793229-21-000123

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