secwatch.observer — SEC 8-K summary
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Issuer:     Claritev Corp (CTEV)
CIK:        0001793229
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001793229-24-000102
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793229/000179322924000102/0001793229-24-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793229/000179322924000102/mpln-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001793229-24-000102

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