secwatch.observer — SEC 8-K summary
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Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001809104-25-000053
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alight announces Russell P. Fradin as new Chairman; three new directors appointed
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- Board size increased to 11; William P. Foley II steps down as Chairman but remains a director.
- New directors: Michael E. Hayes, Robert A. Lopes Jr., and Robert A. Schriesheim effective March 1, 2025.
- Three incumbent directors step down: Daniel S. Henson, Erika Meinhardt, Regina M. Paolillo; no disagreement cited.
- Changes satisfy remaining obligations under May 2024 Cooperation Agreement with Starboard Value.
- Revised director compensation: annual cash retainer $85k, equity retainer $200k; Chairman gets $200k cash and $300k equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000180910425000053/0001809104-25-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000180910425000053/alit-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001809104-25-000053

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