---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-24-000024"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:39:00.895952+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Affirm announces Lead Independent Director departure and new Board appointment

## Summary
- James D. White resigns as Lead Independent Director effective June 30, 2024; no disagreement cited.
- Christa S. Quarles appointed to succeed White as Lead Independent Director effective July 1, 2024.
- Brian D. Hughes appointed to Board as Class III director effective July 1, 2024; term expires at 2026 annual meeting.
- Hughes joins Audit and Compensation Committees; receives $500k RSU (3-yr vest), $200k annual RSU, $45k cash retainer.
- Hughes most recently served as Discover Financial Services Chief Risk Officer (2016-2021) and HSBC Card CEO.

## SEC filing metadata
- accession: 0001820953-24-000024
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000024/0001820953-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000024/afrm-20240617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-24-000024
- JSON: https://secwatch.observer/filing/0001820953-24-000024.json
- Plain text: https://secwatch.observer/filing/0001820953-24-000024.txt

## Key facts
- Executive change
  Brian D. Hughes was appointed as Class III director at Affirm Holdings, Inc..
  - Action: appointed
  - Role: Class III director
  source text: On June 20, 2024, the Board appointed Brian D. Hughes to the Board as a Class III director, effective July 1, 2024, with a term expiring at the Company’s 2026 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000024/0001820953-24-000024-index.htm
- Executive change
  James D. White resigned as Lead Independent Director at Affirm Holdings, Inc..
  - Action: resigned
  - Role: Lead Independent Director
  source text: On June 17, 2024, James D. White, Lead Independent Director of the Board of Directors (the “Board”) of Affirm Holdings, Inc. (the “Company”), resigned as a member of the Board, effective June 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000024/0001820953-24-000024-index.htm
- Executive change
  Christa S. Quarles was appointed as Lead Independent Director at Affirm Holdings, Inc..
  - Action: appointed
  - Role: Lead Independent Director
  source text: On June 20, 2024, the Board appointed current Board member Christa S. Quarles to succeed Mr. White as Lead Independent Director effective July 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000024/0001820953-24-000024-index.htm

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