Business Context and Reporting Period
This Form 8-K is a current report filed by V2X, Inc. on November 6, 2025. The filing discloses the appointment of a new Chief Accounting Officer, effective December 5, 2025, replacing the incumbent officer.
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 executive compensation and personnel changes.
Material Changes
The primary material change is the leadership transition in the finance department:
- Departure: Mr. William B. Noon is stepping down as Chief Accounting Officer.
- Appointment: Mr. Daniel G. Demases is appointed as the new Chief Accounting Officer, effective December 5, 2025.
Management Commentary and Compensation Details
The Company entered into an offer letter with Mr. Demases on November 6, 2025. Key compensation terms include:
- Base Salary: $335,500 annually.
- Short-Term Incentive: Target award of 45% of base salary; maximum award of 90% of base salary based on performance.
- Long-Term Incentive (2026): Target award valued at $180,000, split 50% in time-vesting restricted stock units and 50% in performance stock units.
- Benefits: Eligible for the Senior Executive Severance Pay Plan, standard benefit plans, and paid-time off.
Investor Verification Checklist
- Verify the effective date of the Chief Accounting Officer transition (December 5, 2025).
- Review the Company's most recent Form 10-Q (filed November 3, 2025) for prior financial context.
- Confirm the vesting schedules and performance metrics for the 2026 long-term incentive award.
- Assess the impact of the leadership change on internal controls and financial reporting continuity.