Multiplan Corporation

11/09/2024 | Press release | Distributed by Public on 11/09/2024 10:01

Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(a) On September 6, 2024, Glenn R. August, a member of the Board of Directors (the "Board") of MultiPlan Corporation (the "Company"), notified the Board that he was resigning from the Board (and its committees on which he serves) effective immediately. In accordance with the terms of the Investor Rights Agreement, dated as of July 12, 2020 (as amended, the "IRA"), by and among the Company and the other parties thereto, Mr. August was nominated as a director of the Company by Churchill Sponsor III LLC under the IRA. Mr. August's resignation as a director is not the result of any disagreement with the Company, the Company's management or any other member of the Board.