UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 28, 2023, Entravision Communications Corporation (the “Company”) entered into an amendment to its employment agreement with Jeffery A. Liberman, pursuant to which he will continue to serve as the Company’s President and Chief Operating Officer. The amendment, effective as of March 1, 2023, modifies the employment agreement between the Company and Mr. Liberman that was effective as of March 1, 2020. The amendment extends the term of Mr. Liberman's employment agreement until February 29, 2024 and increases Mr. Liberman's base salary to $800,000 per year for the term of his employment agreement.
All other provisions of the employment agreement remain in full force and effect unless expressly amended or modified by the amendment. The foregoing summary does not purport to be complete and is qualified in its entirety by the terms of the amendment to the employment agreement filed as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
10.1 Amendment to Executive Employment Agreement effective as of March 1, 2023 by and between the registrant and Jeffery A. Liberman.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Management contract or compensatory plan, contract or arrangement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Entravision Communications Corporation |
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Date: |
March 3, 2023 |
By: |
/s/ Christopher Young |
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Christopher Young, Interim Chief Executive Officer and Chief Financial Officer |