TTEC Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by TTEC Holdings, Inc. on November 13, 2025, reporting events occurring on November 10, 2025. The filing addresses Item 5.02 regarding the appointment of a new executive officer.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on personnel changes and associated compensation.
Material Changes
The primary material change is the appointment of Carlos M. Dean as Group Vice President and Chief Accounting Officer, effective November 10, 2025. Mr. Dean previously served as Vice President and Global Controller at TTEC from 2015 to July 2022 and most recently worked as a principal consultant with Terrapin Summit, LLC.
Compensation and Management Commentary
Mr. Dean's compensation package includes:
- Annual base salary of $285,000.
- Target annual cash and equity bonuses equal to 35% of base salary.
- A one-time restricted stock unit (RSU) award with a market value of $175,000, subject to Compensation Committee approval.
- RSU vesting schedule: 40% on the second anniversary of the appointment date, with an additional 20% vesting on each subsequent anniversary for three years.
The filing confirms no family relationships between Mr. Dean and directors or officers, no undisclosed transactions, and no prior affiliation with the company's independent auditors, PricewaterhouseCoopers LLP.
Investor Verification Checklist
- Verify the approval status of the $175,000 RSU award by the Compensation Committee.
- Confirm the closing stock price used to calculate the RSU grant value on the grant date.
- Review the Company's recent 10-K or 10-Q filings for context on the previous Chief Accounting Officer's departure.
- Monitor future filings for any changes to the vesting schedule or compensation terms.