Reporting Consequences and Other Considerations for Changes in Directors or Executive Officers of a US Public Company

Changes in the directors or executive officers of a US public company give rise to a number of reporting consequences and other considerations, both for the company and the individuals involved. We summarize the reporting obligations and certain considerations related to four specific circumstances involving a change in corporate leadership:

• Election or appointment of a new director,
• Resignation or retirement of a director,
• Appointment of certain officers and
• Resignation, retirement or termination of certain officers.