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MultiPlan (MPLN) has provided an announcement.
MultiPlan Corporation announced a significant leadership transition, with Michael K. Attal resigning from the Board due to the end of his employment with Hellman & Friedman, LLC. This change, effective August 1, 2024, is not due to any disagreements with the Company. Concurrently, Douglas Garis is set to take over as Executive Vice President, Chief Financial Officer, and Treasurer from James Head around August 5, 2024. Head will continue his involvement as a strategic advisor, ensuring a smooth handover, and will receive a prorated bonus for 2024 along with other benefits outlined in his transitional agreement. Garis’s appointment comes with a comprehensive compensation package, including salary, bonuses, and equity incentives, under his own employment agreement with the Company.
For detailed information about MPLN stock, go to TipRanks’ Stock Analysis page.
