TiVo Corporation (NASDAQ:TIVO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
executive officers other than Mr. Carson, the Compensation
Committee of TiVo Corporation (Company) Board of Directors, and
(ii) with respect to Mr. Carson, a Section 162(m) committee of
the independent members of the Companys Board of Directors.
officers for 2016 performance. The bonus awards were based on the
achievement of pre-determined targets with respect to the
Companys 2016 financial results and such officers individual
performance, except for Mr. Carson, whose bonus is determined
solely based on the Companys 2016 financial results. Mr.
Thompsons bonus was pro-rated for the portion of the year in
which he was employed by the Company. The 2016 bonuses approved
for the named executive officers are as follows:
|
Name and Title
|
2016 Bonus Paid
|
|
|
Thomas Carson
President Chief Executive Officer
|
$793,750
|
|
|
Dustin Finer
Chief Administrative Officer and Internal Operations
Officer |
$285,842
|
|
|
Peter Halt
Chief Financial Officer
|
$283,006
|
|
|
Pamela Sergeeff
Executive Vice President, General Counsel and Chief
Compliance Officer |
$283,681
|
|
|
Pete Thompson
Executive Vice President Chief Operating Officer
|
$127,066
|
About TiVo Corporation (NASDAQ:TIVO)
TiVo Corporation, formerly Titan Technologies Corporation, is a holding company. The Company’s subsidiaries include Rovi Corporation and TiVo Inc. The Company, through TiVo Inc., is engaged in providing video technology software services and cloud-based software-as-a-service solutions. TiVo Inc.’s software and cloud-based services provide an approach for navigating content chaos by combining live, recorded, Video on Demand (VOD) content into an intuitive user interface with universal search, discovery, viewing and recording, and creating a unified viewing experience. The Company, through Rovi Corporation, provides a set of content discovery solutions that are embedded in its customers’ products and services to connect consumers with entertainment, including device embedded and cloud-based interactive program guides (IPGs), natural language conversational voice and text search and recommendation services, among others. TiVo Corporation (NASDAQ:TIVO) Recent Trading Information
TiVo Corporation (NASDAQ:TIVO) closed its last trading session down -0.95 at 20.05 with 1,243,426 shares trading hands.
