secwatch.observer — SEC 8-K summary
======================================

Issuer:     Claritev Corp (CTEV)
CIK:        0001793229
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0001793229-21-000123
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793229/000179322921000123/0001793229-21-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793229/000179322921000123/mpln-20211115.htm
  HTML page:      https://secwatch.observer/filing/0001793229-21-000123

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