AI English summary of an SEC filing — figures as filed

The company appointed Karen Parkhill as Chief Financial Officer on June 25, 2024, effective August 5, 2024, succeeding Mr. Brown.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Jun 26, 2024Period of report Jun 25, 2024Summary published (UTC) Oct 26, 2026

Key points

AI summary

The company appointed Karen Parkhill as Chief Financial Officer on June 25, 2024, effective August 5, 2024, succeeding Mr. Brown.
Timothy Brown will step down as interim Chief Financial Officer when a new Chief Financial Officer is appointed on August 5, 2024, the company said, and will return to his previous role as head of Print Finance.
The company said Parkhill will be eligible for an annual base salary of $950,000, a target annual cash bonus of 135% of base salary (prorated for fiscal 2024), and annual equity grants with a target grant value of $7,500,000 for December 2024.
The company said it will grant Parkhill RSUs equal to $15,000,000 divided by the closing share price on the Start Date, vesting in equal installments over 3 years, and that her $1,500,000 cash signing bonus will be paid 6 months and 1 years after the Start Date, with 50% paid at each date.

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.

Karen Parkhill named HP CFO, effective August 5, 2024

The company appointed Karen Parkhill as Chief Financial Officer on June 25, 2024, effective August 5, 2024, succeeding Mr. Brown.

Source · Based on the filing body and exhibits

Timothy Brown to return to Print Finance from interim CFO role

Timothy Brown will step down as interim Chief Financial Officer when a new Chief Financial Officer is appointed on August 5, 2024, the company said, and will return to his previous role as head of Print Finance.

Source · Based on the filing body and exhibits

Parkhill salary, target bonus and annual equity terms

The company said Parkhill will be eligible for an annual base salary of $950,000, a target annual cash bonus of 135% of base salary (prorated for fiscal 2024), and annual equity grants with a target grant value of $7,500,000 for December 2024.

Source · Based on the filing body and exhibits

Parkhill new hire RSU and signing bonus terms

The company said it will grant Parkhill RSUs equal to $15,000,000 divided by the closing share price on the Start Date, vesting in equal installments over 3 years, and that her $1,500,000 cash signing bonus will be paid 6 months and 1 years after the Start Date, with 50% paid at each date.

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.

View the original filing on SEC EDGAR ↗

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