Wix.com Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by Wix.com Ltd., a foreign private issuer, on February 21, 2017. The report covers corporate governance changes regarding the Board of Directors effective April 1, 2017.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is non-financial in nature.
Material Changes
- Board Departure: Mr. Norbert Becker, an external director, will retire from the Board due to personal health reasons effective April 1, 2017. He served on the Audit and Compensation Committees since August 2014.
- Board Appointment: Mr. Yuval Cohen, a current Board member, will be appointed to the Audit Committee effective April 1, 2017.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The primary focus is the transition of board committee membership.
Key Facts for Investor Verification
- Confirm the effective date of Mr. Becker's retirement (April 1, 2017).
- Verify Mr. Yuval Cohen's new role on the Audit Committee.
- Note that this filing does not contain updated financial performance data.