Playtika (NASDAQ: PLTK) sets $600K salary and $600K bonus target for acting CFO
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
Playtika Holding Corp. filed an amended report to update compensation details for its incoming acting Chief Financial Officer, Tae Lee. Effective April 1, 2026, his annual base salary will be set at $600,000, and his target bonus opportunity under the company’s annual cash bonus program will also be $600,000. The amendment states that all other information from the prior report on his appointment remains unchanged.
Positive
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Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What change did Playtika (PLTK) disclose in this amended 8-K?
Playtika disclosed finalized compensation terms for acting CFO Tae Lee. The filing updates his base salary and target bonus, while confirming that all other details from the original report on his appointment remain unchanged.
What is the new base salary for Playtika acting CFO Tae Lee?
Tae Lee’s new annual base salary will be $600,000. This compensation level applies starting April 1, 2026, when he begins serving as Playtika’s acting Chief Financial Officer and principal financial officer, as approved by the board’s Compensation Committee.
What bonus opportunity will Playtika (PLTK) provide to acting CFO Tae Lee?
Playtika set Tae Lee’s target bonus opportunity at $600,000 under its annual cash bonus program. This target applies beginning April 1, 2026, aligning his short-term incentive opportunity with his base salary as acting Chief Financial Officer.
When do Tae Lee’s new compensation terms at Playtika become effective?
Tae Lee’s updated compensation terms become effective on April 1, 2026. That is the same date the board previously appointed him as acting Chief Financial Officer and principal financial officer, tying his pay package to the formal start of his new role.
Does the amended filing change other terms of Tae Lee’s appointment at Playtika?
No, the amendment only supplies compensation details that were previously undetermined. It states that, aside from the newly approved salary and bonus terms for Tae Lee, nothing else in the original March 10, 2026 report has changed.