MultiPlan CFO James Head to step down; Douglas Garis named successor effective Aug 5, 2024

Claritev Corp

Michael Attal resigns from Board effective Aug 1, tied to leaving Hellman & Friedman; no disagreement.
CFO James Head transitions to strategic advisor; Douglas Garis appointed EVP, CFO, Treasurer effective Aug 5.
Garis receives $535k base salary, $250k sign-on bonus, 100% target bonus, and $2M total equity vesting over three years.
Head keeps 2024 base salary, prorated bonus; unvested equity vests Dec 31, 2024 if employed through year-end.

item 5.02 item 7.01 item 9.01

Executive movements

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

Appointed

Douglas Garis

Executive Vice President, Chief Financial Officer and Treasurer

CTEV · Claritev Corp

Effective: 2024-08-05
Filed: August 1, 2024, 7:59 PM ET

On August 1, 2024, the Company and Mr. Garis entered into an employment agreement (the “Garis Employment Agreement”) providing for Mr. Garis’ appointment as Executive Vice President, Chief Financial Officer and Treasurer of the Company on the Transition Date.

Departed

Michael K. Attal

Director

CTEV · Claritev Corp

Effective: 2024-08-01
Filed: August 1, 2024, 7:59 PM ET

On July 30, 2024, Michael K. Attal, a member of the Board of Directors (the “Board”) of MultiPlan Corporation (the “Company”), notified the Board that, in connection with the end of his employment with Hellman & Friedman, LLC, he was resigning from the Board (and its committees on which he serves) effective as of August 1, 2024.

Role change

James Head

Strategic Advisor

CTEV · Claritev Corp

Effective: 2024-08-05
Successor: Douglas Garis
Filed: August 1, 2024, 7:59 PM ET

On the Transition Date, Mr. Head will remain an employee of the Company and serve as a strategic advisor to the Board of Directors of the Company (the “Board”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Garis was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Claritev Corp.

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

Exact text from the filing

On August 1, 2024, the Company and Mr. Garis entered into an employment agreement (the “Garis Employment Agreement”) providing for Mr. Garis’ appointment as Executive Vice President, Chief Financial Officer and Treasurer of the Company on the Transition Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael K. Attal resigned as Director at Claritev Corp.

Action: resigned
Role: Director

Exact text from the filing

On July 30, 2024, Michael K. Attal, a member of the Board of Directors (the “Board”) of MultiPlan Corporation (the “Company”), notified the Board that, in connection with the end of his employment with Hellman & Friedman, LLC, he was resigning from the Board (and its committees on which he serves) effective as of August 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James Head changed role as Strategic Advisor at Claritev Corp.

Action: transitioned to strategic advisor
Role: Strategic Advisor

Exact text from the filing

On the Transition Date, Mr. Head will remain an employee of the Company and serve as a strategic advisor to the Board of Directors of the Company (the “Board”).

View on SEC.gov

Claritev Corp filing history →

Source: SEC EDGAR

accession 0001793229-24-000102

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