Momentive Global Inc. Appoints Cherie Buntyn as Vice President and Chief Accounting Officer
Momentive Global Inc. has filed a FORM 8-K with the Securities and Exchange Commission, announcing the appointment of Cherie Buntyn as its Vice President and Chief Accounting Officer, replacing Justin Coulombe who has been serving in the role since August 2021. Buntyn brings extensive experience in finance, having served as Corporate Controller at Teledyne FLIR and Assistant Corporate Controller of FLIR Systems, Inc. before her time at Intel Corporation. She holds a B.S. in Accounting from Santa Clara University and is a certified public accountant in the state of Oregon.
Key Takeaways:
- Cherie Buntyn, age 46, has been appointed as Vice President and Chief Accounting Officer of Momentive Global Inc. effective June 27, 2022.
- Buntyn will replace Justin Coulombe, who has been serving as Chief Accounting Officer since August 2021.
- Buntyn has a vast finance background, including stints at Teledyne FLIR, FLIR Systems, Inc., and Intel Corporation, with over 24 years of experience in various finance roles.
- The Company has entered into an offer letter agreement with Ms. Buntyn, providing her with an annual base salary of $300,000 and an annual target incentive bonus of 35% of her base salary, pro-rated for the current fiscal year.
- She will also receive a grant of restricted stock units ("RSUs") with an aggregate value of approximately $1,200,000, which will vest over a four-year period.
- Buntyn has entered into the Company's standard form of Change of Control and Severance Agreement, providing her with acceleration of vesting of fifty percent of all outstanding equity awards upon a termination of her employment without cause or resignation for good reason.
Statistics:
- 24 years of combined finance experience at various roles, including Teledyne FLIR, FLIR Systems, Inc., and Intel Corporation.
- $300,000 annual base salary for Cherie Buntyn.
- 35% annual target incentive bonus for Cherie Buntyn, pro-rated for the current fiscal year.
- $1,200,000 aggregate value of restricted stock units ("RSUs") granted to Cherie Buntyn.
Sources:
- FORM 8-K filing with Securities and Exchange Commission on June 27, 2022.
- Company's Incentive Bonus Compensation Plan.
- 2018 Equity Incentive Plan, as amended, and the related form of equity agreement.