[8-K] Accenture PLC Reports Material Event
Accenture plc (ACN) filed an 8-K announcing a sweeping organizational realignment and a series of senior leadership changes effective 1 September 2025. The company will consolidate its five current service lines鈥擲trategy, Consulting, Song, Technology and Operations鈥攊nto a single, integrated business unit named Reinvention Services. The new unit will be led by Manish Sharma, presently CEO of the Americas, who will assume the newly created role of Chief Services Officer.
To backfill Sharma, John Walsh (current Chief Operating Officer) will become CEO of the Americas, while Kate Hogan (currently COO of the Americas) will rise to global Chief Operating Officer. All three will hold seats on the Global Management Committee (GMC).
Additional appointments include:
- Kate Clifford promoted to Chief Leadership & Human Resources Officer, joining the GMC and succeeding Angela Beatty.
- Jason Dess elevated to Group Chief Executive 鈥� Consulting, succeeding Jack Azagury.
- Rajendra Prasad named Group Chief Executive 鈥� Technology & Chief Technology Officer, succeeding Karthik Narain.
No determinations regarding new compensation arrangements have been made, and no financial guidance was provided. The restructuring signals Accenture鈥檚 intent to streamline its go-to-market model and deepen cross-service integration, but also introduces execution risk given the number of simultaneous leadership transitions.
Accenture plc (ACN) ha presentato un modulo 8-K annunciando una vasta riorganizzazione aziendale e una serie di cambiamenti nella leadership senior, efficaci dal 1掳 settembre 2025. L'azienda consolider脿 le sue cinque attuali linee di servizio 鈥� Strategy, Consulting, Song, Technology e Operations 鈥� in un'unica unit脿 di business integrata chiamata Reinvention Services. La nuova unit脿 sar脿 guidata da Manish Sharma, attualmente CEO delle Americhe, che assumer脿 il nuovo ruolo di Chief Services Officer.
Per sostituire Sharma, John Walsh (attuale Chief Operating Officer) diventer脿 CEO delle Americhe, mentre Kate Hogan (attuale COO delle Americhe) sar脿 promossa a global Chief Operating Officer. Tutti e tre faranno parte del Global Management Committee (GMC).
Altre nomine includono:
- Kate Clifford promossa a Chief Leadership & Human Resources Officer, entrando nel GMC e succedendo ad Angela Beatty.
- Jason Dess elevato a Group Chief Executive 鈥� Consulting, succedendo a Jack Azagury.
- Rajendra Prasad nominato Group Chief Executive 鈥� Technology & Chief Technology Officer, succedendo a Karthik Narain.
Non sono state prese decisioni riguardo ai nuovi accordi retributivi e non 猫 stata fornita alcuna guida finanziaria. La ristrutturazione indica l鈥檌ntenzione di Accenture di semplificare il modello di go-to-market e approfondire l鈥檌ntegrazione tra i servizi, ma introduce anche rischi di esecuzione a causa del numero di transizioni simultanee nella leadership.
Accenture plc (ACN) present贸 un formulario 8-K anunciando una amplia reorganizaci贸n organizacional y una serie de cambios en la alta direcci贸n que entrar谩n en vigor el 1 de septiembre de 2025. La empresa consolidar谩 sus cinco l铆neas de servicio actuales 鈥� Strategy, Consulting, Song, Technology y Operations 鈥� en una 煤nica unidad de negocio integrada llamada Reinvention Services. La nueva unidad estar谩 dirigida por Manish Sharma, actualmente CEO de las Am茅ricas, quien asumir谩 el nuevo cargo de Chief Services Officer.
Para cubrir la vacante de Sharma, John Walsh (actual Chief Operating Officer) ser谩 CEO de las Am茅ricas, mientras que Kate Hogan (actual COO de las Am茅ricas) ascender谩 a global Chief Operating Officer. Los tres formar谩n parte del Global Management Committee (GMC).
Otras designaciones incluyen:
- Kate Clifford promovida a Chief Leadership & Human Resources Officer, uni茅ndose al GMC y sucediendo a Angela Beatty.
- Jason Dess ascendido a Group Chief Executive 鈥� Consulting, en sustituci贸n de Jack Azagury.
- Rajendra Prasad nombrado Group Chief Executive 鈥� Technology & Chief Technology Officer, en sustituci贸n de Karthik Narain.
No se han tomado decisiones sobre nuevos acuerdos de compensaci贸n y no se proporcion贸 ninguna gu铆a financiera. La reestructuraci贸n se帽ala la intenci贸n de Accenture de simplificar su modelo de salida al mercado y profundizar la integraci贸n entre servicios, pero tambi茅n introduce riesgos de ejecuci贸n debido al n煤mero de transiciones simult谩neas en el liderazgo.
Accenture plc (ACN)電� 2025雲� 9鞗� 1鞚茧秬搿� 氚滍毃霅橂姅 雽�雽�鞝侅澑 臁办 鞛幐瓿� 瓿犾渼 毽崝鞁� 氤�瓴� 靷暛鞚� 氚滍憸頃橂姅 8-K毳� 鞝滌稖頄堨姷雼堧嫟. 須岇偓電� 順勳灛 雼れ劘 臧滌潣 靹滊箘鞀� 霛检澑鈥擲trategy, Consulting, Song, Technology, Operations鈥旍潉 雼澕 韱淀暕 牍勳雼堨姢 鞙犽嫑鞚� Reinvention Services搿� 韱淀暕頃� 鞓堨爼鞛呺媹雼�. 靸� 鞙犽嫑鞚� 順勳灛 鞎勲⿺毽勾 歆�鞐� CEO鞚� Manish Sharma臧� 鞚措亴氅�, 攴鸽姅 靸堧 鞁犾劋霅� Chief Services Officer 鞐暊鞚� 毵￡矊 霅╇媹雼�.
Sharma鞚� 頉勳瀯鞙茧 John Walsh(順� 斓滉碃鞖挫榿毂呾瀯鞛�)鞚� 鞎勲⿺毽勾 歆�鞐� CEO臧� 霅橁碃, Kate Hogan(順� 鞎勲⿺毽勾 COO)鞚� 旮�搿滊矊 斓滉碃鞖挫榿毂呾瀯鞛�搿� 鞀轨頃╇媹雼�. 靹� 靷瀸 氇憪 旮�搿滊矊 瓴届榿 鞙勳洂須�(GMC) 氅る矂搿� 頇滊彊頃╇媹雼�.
於旉皜 鞛勲獏 靷暛鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:
- Kate Clifford臧� Chief Leadership & Human Resources Officer搿� 鞀轨頃橃棳 GMC鞐� 頃╇頃橂┌ Angela Beatty鞚� 霋るゼ 鞛囲姷雼堧嫟.
- Jason Dess臧� Group Chief Executive 鈥� Consulting鞙茧 鞀轨頃橃棳 Jack Azagury鞚� 頉勳瀯鞚� 霅╇媹雼�.
- Rajendra Prasad臧� Group Chief Executive 鈥� Technology & Chief Technology Officer搿� 鞛勲獏霅橃柎 Karthik Narain鞚� 霋るゼ 鞛囲姷雼堧嫟.
靸� 氤挫儊 觳搓硠鞐� 雽�頃� 瓴办爼鞚� 雮措牑歆�歆� 鞎婌晿鞙茧┌, 鞛 臧�鞚措崢鞀る弰 鞝滉车霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 甑“臁办爼鞚� Accenture臧� 鞁滌灔 歆勳稖 氇嵏鞚� 臧勳唽頇旐晿瓿� 靹滊箘鞀� 臧� 韱淀暕鞚� 臧曧檾頃橂牑電� 鞚橂弰毳� 氤挫棳欤检毵�, 霃欖嫓鞐� 雼れ垬鞚� 毽崝鞁� 甑愳泊臧� 霃欖嫓鞐� 鞚措（鞏挫牳 鞁ろ枆 毽姢韥弰 霃欕皹頃╇媹雼�.
Accenture plc (ACN) a d茅pos茅 un formulaire 8-K annon莽ant une r茅organisation organisationnelle majeure et une s茅rie de changements dans la haute direction, effectifs 脿 partir du 1er septembre 2025. L'entreprise va consolider ses cinq lignes de services actuelles 鈥� Strategy, Consulting, Song, Technology et Operations 鈥� en une seule unit茅 commerciale int茅gr茅e appel茅e Reinvention Services. Cette nouvelle unit茅 sera dirig茅e par Manish Sharma, actuellement PDG des Am茅riques, qui assumera le nouveau r么le de Chief Services Officer.
Pour remplacer Sharma, John Walsh (actuel Chief Operating Officer) deviendra PDG des Am茅riques, tandis que Kate Hogan (actuelle COO des Am茅riques) sera promue Chief Operating Officer mondiale. Les trois si猫geront au sein du Global Management Committee (GMC).
Parmi les autres nominations :
- Kate Clifford promue Chief Leadership & Human Resources Officer, rejoignant le GMC et succ茅dant 脿 Angela Beatty.
- Jason Dess 茅lev茅 au poste de Group Chief Executive 鈥� Consulting, succ茅dant 脿 Jack Azagury.
- Rajendra Prasad nomm茅 Group Chief Executive 鈥� Technology & Chief Technology Officer, succ茅dant 脿 Karthik Narain.
Aucune d茅cision n鈥檃 茅t茅 prise concernant de nouvelles modalit茅s de r茅mun茅ration, et aucune orientation financi猫re n鈥檃 茅t茅 communiqu茅e. Cette restructuration illustre l鈥檌ntention d鈥橝ccenture de simplifier son mod猫le de mise sur le march茅 et de renforcer l鈥檌nt茅gration interservices, tout en introduisant un risque d鈥檈x茅cution en raison du nombre de transitions simultan茅es au sein de la direction.
Accenture plc (ACN) hat ein 8-K eingereicht, in dem eine umfassende organisatorische Neuausrichtung und eine Reihe von Ver盲nderungen in der F眉hrungsebene angek眉ndigt werden, die zum 1. September 2025 wirksam werden. Das Unternehmen wird seine derzeit f眉nf Servicebereiche 鈥� Strategy, Consulting, Song, Technology und Operations 鈥� zu einer einzigen, integrierten Gesch盲ftseinheit namens Reinvention Services zusammenf眉hren. Die neue Einheit wird von Manish Sharma geleitet, derzeit CEO der Americas, der die neu geschaffene Position des Chief Services Officer 眉bernehmen wird.
Um Sharma zu ersetzen, wird John Walsh (derzeit Chief Operating Officer) CEO der Americas, w盲hrend Kate Hogan (derzeit COO der Americas) zur globalen Chief Operating Officer bef枚rdert wird. Alle drei werden Mitglieder des Global Management Committee (GMC) sein.
Weitere Ernennungen umfassen:
- Kate Clifford wird zur Chief Leadership & Human Resources Officer bef枚rdert, tritt dem GMC bei und folgt auf Angela Beatty.
- Jason Dess wird zum Group Chief Executive 鈥� Consulting bef枚rdert und folgt auf Jack Azagury.
- Rajendra Prasad wird zum Group Chief Executive 鈥� Technology & Chief Technology Officer ernannt und folgt auf Karthik Narain.
Es wurden keine Entscheidungen bez眉glich neuer Verg眉tungsvereinbarungen getroffen, und es wurden keine finanziellen Prognosen abgegeben. Die Umstrukturierung signalisiert Accentures Absicht, das Go-to-Market-Modell zu straffen und die bereichs眉bergreifende Integration zu vertiefen, bringt jedoch auch Ausf眉hrungsrisiken mit sich, da mehrere F眉hrungswechsel gleichzeitig stattfinden.
- Creation of Reinvention Services could streamline operations and enhance cross-selling, potentially improving margins and growth.
- Leadership continuity is preserved through internal promotions, reducing cultural disruption and execution risk.
- Simultaneous departure of three senior executives (Beatty, Azagury, Narain) introduces uncertainty and possible talent leakage.
- Large-scale reorganization of five service lines into one unit poses integration and change-management risks without disclosed cost or timeline details.
Insights
TL;DR 鈥� Internal promotions maintain continuity, but six C-suite changes and a new structure create short-term execution risk.
The integrated Reinvention Services model should simplify reporting lines and strengthen cross-selling, aligning with market demand for end-to-end digital transformation. Appointing seasoned insiders鈥擲harma, Walsh and Hogan鈥攍imits cultural disruption and preserves institutional knowledge. However, the simultaneous departure of three senior leaders (Beatty, Azagury, Narain) suggests potential strategic divergence. Investors should monitor retention of key client teams and any one-off restructuring costs in FY26. Overall, governance quality remains solid, but near-term uncertainty warrants a neutral stance.
TL;DR 鈥� Unified service offering may boost cross-portfolio sales; success hinges on Sharma鈥檚 execution.
Accenture鈥檚 shift mirrors peers moving toward platform-based delivery, aiming to capture larger wallet share per client. Reinvention Services could enhance margin through shared delivery assets and reduce silo-driven inefficiencies. The Americas generates roughly 47% of revenue, so Sharma鈥檚 elevation to Chief Services Officer signals his strong track record. Yet, re-aligning 740k+ employees under one P&L is a complex change-management effort. Watch for commentary on integration milestones and any client churn indicators in upcoming earnings calls.
Accenture plc (ACN) ha presentato un modulo 8-K annunciando una vasta riorganizzazione aziendale e una serie di cambiamenti nella leadership senior, efficaci dal 1掳 settembre 2025. L'azienda consolider脿 le sue cinque attuali linee di servizio 鈥� Strategy, Consulting, Song, Technology e Operations 鈥� in un'unica unit脿 di business integrata chiamata Reinvention Services. La nuova unit脿 sar脿 guidata da Manish Sharma, attualmente CEO delle Americhe, che assumer脿 il nuovo ruolo di Chief Services Officer.
Per sostituire Sharma, John Walsh (attuale Chief Operating Officer) diventer脿 CEO delle Americhe, mentre Kate Hogan (attuale COO delle Americhe) sar脿 promossa a global Chief Operating Officer. Tutti e tre faranno parte del Global Management Committee (GMC).
Altre nomine includono:
- Kate Clifford promossa a Chief Leadership & Human Resources Officer, entrando nel GMC e succedendo ad Angela Beatty.
- Jason Dess elevato a Group Chief Executive 鈥� Consulting, succedendo a Jack Azagury.
- Rajendra Prasad nominato Group Chief Executive 鈥� Technology & Chief Technology Officer, succedendo a Karthik Narain.
Non sono state prese decisioni riguardo ai nuovi accordi retributivi e non 猫 stata fornita alcuna guida finanziaria. La ristrutturazione indica l鈥檌ntenzione di Accenture di semplificare il modello di go-to-market e approfondire l鈥檌ntegrazione tra i servizi, ma introduce anche rischi di esecuzione a causa del numero di transizioni simultanee nella leadership.
Accenture plc (ACN) present贸 un formulario 8-K anunciando una amplia reorganizaci贸n organizacional y una serie de cambios en la alta direcci贸n que entrar谩n en vigor el 1 de septiembre de 2025. La empresa consolidar谩 sus cinco l铆neas de servicio actuales 鈥� Strategy, Consulting, Song, Technology y Operations 鈥� en una 煤nica unidad de negocio integrada llamada Reinvention Services. La nueva unidad estar谩 dirigida por Manish Sharma, actualmente CEO de las Am茅ricas, quien asumir谩 el nuevo cargo de Chief Services Officer.
Para cubrir la vacante de Sharma, John Walsh (actual Chief Operating Officer) ser谩 CEO de las Am茅ricas, mientras que Kate Hogan (actual COO de las Am茅ricas) ascender谩 a global Chief Operating Officer. Los tres formar谩n parte del Global Management Committee (GMC).
Otras designaciones incluyen:
- Kate Clifford promovida a Chief Leadership & Human Resources Officer, uni茅ndose al GMC y sucediendo a Angela Beatty.
- Jason Dess ascendido a Group Chief Executive 鈥� Consulting, en sustituci贸n de Jack Azagury.
- Rajendra Prasad nombrado Group Chief Executive 鈥� Technology & Chief Technology Officer, en sustituci贸n de Karthik Narain.
No se han tomado decisiones sobre nuevos acuerdos de compensaci贸n y no se proporcion贸 ninguna gu铆a financiera. La reestructuraci贸n se帽ala la intenci贸n de Accenture de simplificar su modelo de salida al mercado y profundizar la integraci贸n entre servicios, pero tambi茅n introduce riesgos de ejecuci贸n debido al n煤mero de transiciones simult谩neas en el liderazgo.
Accenture plc (ACN)電� 2025雲� 9鞗� 1鞚茧秬搿� 氚滍毃霅橂姅 雽�雽�鞝侅澑 臁办 鞛幐瓿� 瓿犾渼 毽崝鞁� 氤�瓴� 靷暛鞚� 氚滍憸頃橂姅 8-K毳� 鞝滌稖頄堨姷雼堧嫟. 須岇偓電� 順勳灛 雼れ劘 臧滌潣 靹滊箘鞀� 霛检澑鈥擲trategy, Consulting, Song, Technology, Operations鈥旍潉 雼澕 韱淀暕 牍勳雼堨姢 鞙犽嫑鞚� Reinvention Services搿� 韱淀暕頃� 鞓堨爼鞛呺媹雼�. 靸� 鞙犽嫑鞚� 順勳灛 鞎勲⿺毽勾 歆�鞐� CEO鞚� Manish Sharma臧� 鞚措亴氅�, 攴鸽姅 靸堧 鞁犾劋霅� Chief Services Officer 鞐暊鞚� 毵￡矊 霅╇媹雼�.
Sharma鞚� 頉勳瀯鞙茧 John Walsh(順� 斓滉碃鞖挫榿毂呾瀯鞛�)鞚� 鞎勲⿺毽勾 歆�鞐� CEO臧� 霅橁碃, Kate Hogan(順� 鞎勲⿺毽勾 COO)鞚� 旮�搿滊矊 斓滉碃鞖挫榿毂呾瀯鞛�搿� 鞀轨頃╇媹雼�. 靹� 靷瀸 氇憪 旮�搿滊矊 瓴届榿 鞙勳洂須�(GMC) 氅る矂搿� 頇滊彊頃╇媹雼�.
於旉皜 鞛勲獏 靷暛鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:
- Kate Clifford臧� Chief Leadership & Human Resources Officer搿� 鞀轨頃橃棳 GMC鞐� 頃╇頃橂┌ Angela Beatty鞚� 霋るゼ 鞛囲姷雼堧嫟.
- Jason Dess臧� Group Chief Executive 鈥� Consulting鞙茧 鞀轨頃橃棳 Jack Azagury鞚� 頉勳瀯鞚� 霅╇媹雼�.
- Rajendra Prasad臧� Group Chief Executive 鈥� Technology & Chief Technology Officer搿� 鞛勲獏霅橃柎 Karthik Narain鞚� 霋るゼ 鞛囲姷雼堧嫟.
靸� 氤挫儊 觳搓硠鞐� 雽�頃� 瓴办爼鞚� 雮措牑歆�歆� 鞎婌晿鞙茧┌, 鞛 臧�鞚措崢鞀る弰 鞝滉车霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 甑“臁办爼鞚� Accenture臧� 鞁滌灔 歆勳稖 氇嵏鞚� 臧勳唽頇旐晿瓿� 靹滊箘鞀� 臧� 韱淀暕鞚� 臧曧檾頃橂牑電� 鞚橂弰毳� 氤挫棳欤检毵�, 霃欖嫓鞐� 雼れ垬鞚� 毽崝鞁� 甑愳泊臧� 霃欖嫓鞐� 鞚措（鞏挫牳 鞁ろ枆 毽姢韥弰 霃欕皹頃╇媹雼�.
Accenture plc (ACN) a d茅pos茅 un formulaire 8-K annon莽ant une r茅organisation organisationnelle majeure et une s茅rie de changements dans la haute direction, effectifs 脿 partir du 1er septembre 2025. L'entreprise va consolider ses cinq lignes de services actuelles 鈥� Strategy, Consulting, Song, Technology et Operations 鈥� en une seule unit茅 commerciale int茅gr茅e appel茅e Reinvention Services. Cette nouvelle unit茅 sera dirig茅e par Manish Sharma, actuellement PDG des Am茅riques, qui assumera le nouveau r么le de Chief Services Officer.
Pour remplacer Sharma, John Walsh (actuel Chief Operating Officer) deviendra PDG des Am茅riques, tandis que Kate Hogan (actuelle COO des Am茅riques) sera promue Chief Operating Officer mondiale. Les trois si猫geront au sein du Global Management Committee (GMC).
Parmi les autres nominations :
- Kate Clifford promue Chief Leadership & Human Resources Officer, rejoignant le GMC et succ茅dant 脿 Angela Beatty.
- Jason Dess 茅lev茅 au poste de Group Chief Executive 鈥� Consulting, succ茅dant 脿 Jack Azagury.
- Rajendra Prasad nomm茅 Group Chief Executive 鈥� Technology & Chief Technology Officer, succ茅dant 脿 Karthik Narain.
Aucune d茅cision n鈥檃 茅t茅 prise concernant de nouvelles modalit茅s de r茅mun茅ration, et aucune orientation financi猫re n鈥檃 茅t茅 communiqu茅e. Cette restructuration illustre l鈥檌ntention d鈥橝ccenture de simplifier son mod猫le de mise sur le march茅 et de renforcer l鈥檌nt茅gration interservices, tout en introduisant un risque d鈥檈x茅cution en raison du nombre de transitions simultan茅es au sein de la direction.
Accenture plc (ACN) hat ein 8-K eingereicht, in dem eine umfassende organisatorische Neuausrichtung und eine Reihe von Ver盲nderungen in der F眉hrungsebene angek眉ndigt werden, die zum 1. September 2025 wirksam werden. Das Unternehmen wird seine derzeit f眉nf Servicebereiche 鈥� Strategy, Consulting, Song, Technology und Operations 鈥� zu einer einzigen, integrierten Gesch盲ftseinheit namens Reinvention Services zusammenf眉hren. Die neue Einheit wird von Manish Sharma geleitet, derzeit CEO der Americas, der die neu geschaffene Position des Chief Services Officer 眉bernehmen wird.
Um Sharma zu ersetzen, wird John Walsh (derzeit Chief Operating Officer) CEO der Americas, w盲hrend Kate Hogan (derzeit COO der Americas) zur globalen Chief Operating Officer bef枚rdert wird. Alle drei werden Mitglieder des Global Management Committee (GMC) sein.
Weitere Ernennungen umfassen:
- Kate Clifford wird zur Chief Leadership & Human Resources Officer bef枚rdert, tritt dem GMC bei und folgt auf Angela Beatty.
- Jason Dess wird zum Group Chief Executive 鈥� Consulting bef枚rdert und folgt auf Jack Azagury.
- Rajendra Prasad wird zum Group Chief Executive 鈥� Technology & Chief Technology Officer ernannt und folgt auf Karthik Narain.
Es wurden keine Entscheidungen bez眉glich neuer Verg眉tungsvereinbarungen getroffen, und es wurden keine finanziellen Prognosen abgegeben. Die Umstrukturierung signalisiert Accentures Absicht, das Go-to-Market-Modell zu straffen und die bereichs眉bergreifende Integration zu vertiefen, bringt jedoch auch Ausf眉hrungsrisiken mit sich, da mehrere F眉hrungswechsel gleichzeitig stattfinden.
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| Exhibit No. | Description | ||||
| 99 | News Release of Accenture, dated June 20, 2025 | ||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL | ||||
Date: June 20, 2025 | ACCENTURE PLC | |||||||
| By: | /s/ Joel Unruch | |||||||
| Name: | Joel Unruch | |||||||
| Title: | General Counsel & Corporate Secretary | |||||||
Source:
FAQ
What structural change did Accenture (ACN) announce?
Who will lead the new Reinvention Services unit?
Which executives are changing roles within Accenture?
Are any senior leaders leaving Accenture as part of this reorganization?
Did the 8-K include details on new compensation packages?
When will these leadership changes take effect?
