---
schema_version: "secwatch.filing_event.v1"
accession: "0001793229-21-000123"
form_type: "8-K"
ticker: "CTEV"
cik: "0001793229"
company_name: "Claritev Corp"
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T07:51:49.254211+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001793229-21-000123
- form_type: 8-K
- ticker: CTEV
- cik: 0001793229
- company_name: Claritev Corp
- filed_at: 2021-11-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1793229/000179322921000123/0001793229-21-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1793229/000179322921000123/mpln-20211115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001793229-21-000123
- JSON: https://secwatch.observer/filing/0001793229-21-000123.json
- Plain text: https://secwatch.observer/filing/0001793229-21-000123.txt

## Key facts
- Executive change
  David Redmond departed as Chief Financial Officer at Claritev Corp.
  - Action: retire
  - Role: Chief Financial Officer
  source text: David Redmond who will retire at the end of 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1793229/000179322921000123/0001793229-21-000123-index.htm
- Executive change
  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
  source text: announcing the appointment of Jim Head as Executive Vice President and Chief Financial Officer of the Company, effective November 29, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1793229/000179322921000123/0001793229-21-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.