DHI Group, Inc. (NYSE:DHX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02.
DHI Group, Inc. (NYSE:DHX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
In connection with the strategic direction set out by DHI Group, Inc. (the “Company”) in its latest earnings release, Shravan Goli will be departing the Company and will cease to be the President of the Brightmatter division, effective May 31, 2017 (the “Separation Date”). Until the Separation Date, Mr. Goli plans to continue to perform his duties and provide transition assistance and support to the Company.
In connection with such separation, the Company, Dice Inc. and Mr. Goli plan to enter into a separation agreement and release, providing for certain payments and benefits, including: (i) a payment equal to twelve months base salary and eligibility to receive a pro-rated objectives-based bonus of up to $65,000; (ii) accelerated vesting of the last tranche of his February 19, 2014 grant of restricted stock; and (iii) reimbursement for the cost of health insurance continuation coverage for up to 12 months.
The foregoing description does not purport to be a complete description and is qualified in its entirety by the full text of the definitive documentation to be entered into by the Company or its affiliates in connection therewith, which the Company plans to file as an exhibit or exhibits to the Company’s next Quarterly Report on Form 10-Q.
About DHI Group, Inc. (NYSE:DHX)
DHI Group, Inc. formerly Dice Holdings, Inc. is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content. The Finance segment includes the eFinancialCareers service around the world. The Energy segment includes the Rigzone service, OilCareers service and career fairs. The Healthcare segment includes Health eCareers and BioSpace services. The Hospitality segment includes Hcareers. The Company operates career management services for technology, engineering, security-cleared professionals, as well as career management and information and data services for the energy industry. Its Tech & Clearance segment consists of the Dice, ClearanceJobs and Dice Europe services, as well as career fairs. DHI Group, Inc. (NYSE:DHX) Recent Trading Information
DHI Group, Inc. (NYSE:DHX) closed its last trading session down -0.05 at 3.45 with 878,607 shares trading hands.
DHI Group, Inc. formerly Dice Holdings, Inc. is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content. The Finance segment includes the eFinancialCareers service around the world. The Energy segment includes the Rigzone service, OilCareers service and career fairs. The Healthcare segment includes Health eCareers and BioSpace services. The Hospitality segment includes Hcareers. The Company operates career management services for technology, engineering, security-cleared professionals, as well as career management and information and data services for the energy industry. Its Tech & Clearance segment consists of the Dice, ClearanceJobs and Dice Europe services, as well as career fairs. DHI Group, Inc. (NYSE:DHX) Recent Trading Information
DHI Group, Inc. (NYSE:DHX) closed its last trading session down -0.05 at 3.45 with 878,607 shares trading hands.
