SS&C Technologies Holdings Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by SS&C Technologies Holdings Inc. on January 17, 2024, reporting an event that occurred on January 11, 2024. The company is incorporated in Delaware and its common stock trades on the Nasdaq Global Select Market under the symbol SSNC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
The primary material change reported is the resignation of Michael E. Daniels from the Board of Directors. Mr. Daniels, a Class III director, Chairman of the Compensation Committee, and member of the Nominating and Governance Committee, notified the company of his intention to retire for personal reasons. His resignation is effective as of the conclusion of the Company's next annual shareholders meeting, expected on or near May 29, 2024. Upon his departure, the Board size will decrease from eight to seven directors unless a replacement is elected at that time. The company confirmed there is no disagreement between Mr. Daniels and the company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on future performance, or specific risk factors beyond the standard disclosure regarding the director's resignation.
Key Facts for Investor Verification
- Michael E. Daniels is resigning from the Board effective May 29, 2024, due to personal retirement plans.
- The Board size will temporarily reduce from eight to seven members following the resignation.
- The resignation is not related to any disagreement with the company's management or operations.
- No financial results or forward-looking guidance are included in this specific filing.