Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective September 30, 2022, Priscilla Kasenchak was appointed as Chief Accounting Officer of agilon health, inc (the “Company”).
Ms. Kasenchak, age 42, served as Chief Accounting Officer for Edgewell Personal Care Company from January to August, 2022. Prior to serving as Chief Accounting Officer for Edgewell Personal Care Company, Ms. Kasenchak served as Chief Accounting Officer of The Bountiful Company. Prior to her role at The Bountiful Company, Ms. Kasenchak served as Chief Accounting Officer of The Hain Celestial Group. Ms. Kasenchak received a Bachelor of Science and a Master of Business Administration from Long Island University, and is a Certified Public Accountant.
In connection with Ms. Kasenchak’s appointment as Chief Accounting Officer, she will receive a sign-on bonus of $25,000, an annual base salary of $370,000 and an annual target bonus of 50% of her base salary. Additionally, Ms. Kasenchak will receive (i) options to purchase shares of the Company’s common stock valued at $80,000 under the Black-Scholes model and (ii) restricted stock units valued at $80,000 on the grant date, in each case, that will vest subject to Ms. Kasenchak’s continued employment with the Company on the applicable vesting dates.
Ms. Kasenchak has no family relationships, as defined in Item 401 of Regulation S-K, with any director or executive officer of the Company, and there was no arrangement or understanding between Ms. Kasenchak and any other person pursuant to which she was selected as an officer. In addition, there have been no transactions directly or indirectly involving Ms. Kasenchak that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K.
