Equifax said Todd Horvath, Executive Vice President and President of U.S. Information Solutions (USIS), will depart effective June 1, 2025, and that his departure was announced on May 30, 2025.

1. 01

   Equifax said Todd Horvath, Executive Vice President and President of U.S. Information Solutions (USIS), will depart effective June 1, 2025, and that his departure was announced on May 30, 2025.

2. 02

   The company said it has begun searching for Horvath's successor, and that Chief Executive Officer Mark Begor will lead the USIS business unit until a successor is identified.

3. 03

   Equifax said it entered into a separation agreement and general release with Horvath under which he agreed to restrictive covenants in favor of the company, and that he will receive a lump-sum cash severance payment of $2.9 million, representing approximately 2 years of his annual cash compensation before applicable taxes and withholdings.

4. 04

   The company said Horvath will be eligible for a prorated portion of his 2025 annual incentive award for his employment through June 1, 2025, to be calculated and paid in Q1 2026 based on the company's actual full-year 2025 performance results. It also said he will receive approximately $3.2 million in cash for the fair market value of the unvested portion of his new hire "make whole" equity award.

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