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Broadridge Financial Solutions logoBroadridge Financial Solutions BR

Broadridge said on Tuesday, December 16, 2024, that its Board of Directors appointed Ashima Ghei as Corporate Vice President and Chief Financial Officer, effective immediately. Ghei will serve as the principal financial officer and principal accounting officer.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Broadridge said on Tuesday, December 16, 2024, that its Board of Directors appointed Ashima Ghei as Corporate Vice President and Chief Financial Officer, effective immediately. Ghei will serve as the principal financial officer and principal accounting officer.

  2. Broadridge said Ghei's annual base salary is $600,000, with an annual cash incentive target of 100% of her base salary. For fiscal 2025, she will be eligible for a pro-rated cash incentive based on the number of days she has worked in the role.

  3. The company said the Compensation Committee approved annual equity targets for Ghei starting in calendar 2025, consisting of performance-based restricted stock units worth $850,000 vesting in 2028 and stock options worth $850,000 with 4-year vesting.

  4. The company said Ghei, 45, has led its global Finance team as Interim CFO since July 1 and joined Broadridge as chief financial officer of its ICS business in January 2022. It said she previously spent 18 years at American Express.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Ashima Ghei Named Chief Financial Officer

Broadridge said on Tuesday, December 16, 2024, that its Board of Directors appointed Ashima Ghei as Corporate Vice President and Chief Financial Officer, effective immediately. Ghei will serve as the principal financial officer and principal accounting officer.

Source · Based on the filing body and exhibits

Base Salary of $600,000 and Target Cash Incentive of 100%

Broadridge said Ghei's annual base salary is $600,000, with an annual cash incentive target of 100% of her base salary. For fiscal 2025, she will be eligible for a pro-rated cash incentive based on the number of days she has worked in the role.

Source · Based on the filing body and exhibits

Annual Equity Compensation Targets Starting in Calendar 2025

The company said the Compensation Committee approved annual equity targets for Ghei starting in calendar 2025, consisting of performance-based restricted stock units worth $850,000 vesting in 2028 and stock options worth $850,000 with 4-year vesting.

Source · Based on the filing body and exhibits

Ghei's Career and Role as Interim CFO

The company said Ghei, 45, has led its global Finance team as Interim CFO since July 1 and joined Broadridge as chief financial officer of its ICS business in January 2022. It said she previously spent 18 years at American Express.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.