Equifax Inc. (NYSE:EFX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d)Election of New Director. On October25, 2017, the Board of Directors of Equifax Inc. (the “Company”) elected Scott A. McGregor to the Board of Directors, for a term expiring at the next annual meeting of shareholders. The Board also appointed Mr.McGregor as a member of its Technology Committee. With the election of Mr.McGregor, the size of the Board is set at 11 directors, all of whom are independent. A copy of the Company’s press release announcing Mr.McGregor’s election is attached hereto as Exhibit 99.1 and incorporated by reference herein.
The Board of Directors has determined that Mr.McGregor is independent and meets the applicable independence requirements of the New York Stock Exchange and the Company’s Guidelines for Determining the Independence of Directors. There have been no transactions since the beginning of the Company’s last fiscal year, and there are no currently proposed transactions, in which the Company was or is to be a participant and in which Mr.McGregor or any member of his immediate family had or will have any interest, that are required to be reported under Item404(a) of Regulation S-K.
The selection of Mr.McGregor was not to any arrangement or understanding between him and any other person.
Mr.McGregor will be compensated in accordance with the Company’s previously-disclosed compensation program for its non-employee directors, including receipt of a one-time initial grant of restricted stock units that vest over a three-year period, with a grant date market value of $175,000 in connection with his election to the Board. Mr.McGregor will also enter into the Company’s standard form of indemnification agreement for directors.
Item 5.02. Financial Statements and Exhibits.
| 99.1 |
Press Release dated October26, 2017. |
Exhibit Index
The following exhibit is being furnished with this report:
|
Exhibit No. |
Description |
| 99.1 |
Press Release dated October26, 2017. |
EQUIFAX INC ExhibitEX-99.1 2 d461446dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Equifax Names Scott McGregor as New Independent Director ATLANTA,…To view the full exhibit click here
About Equifax Inc. (NYSE:EFX)
Equifax Inc. is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services. International includes Canada, Europe and Latin America business units. Workforce Solutions provides services enabling clients to verify income and employment, as well as to outsource and automate the performance of certain payroll-related and human resources management business processes. Personal Solutions provides products to consumers in the United States, Canada and the United Kingdom.
