Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b), (c) & (e)
On March 4, 2022, Andy Cebulla resigned from his position as Chief Accounting
Officer of APi Group Corporation (the "Company"). Mr. Cebulla will remain with
the Company through March 25, 2022, to assist with the transition of his duties.
Glenn David Jackola, 42, has been promoted to Vice President, Controller and
will also serve as interim Chief Accounting Officer effective March 8, 2022.
Since October 25, 2021, Mr. Jackola has served as the Company's Vice President,
Corporate Planning and Analysis. Prior to joining the Company, Mr. Jackola was
the Vice President of Finance of James Hardie Building Products where he served
as head of finance and led a cross-functional team for a $2 billion business
unit until October 2021. Prior to that, Mr. Jackola was Vice President of
Finance - Europe for Ecolab and also held other roles of increasing
responsibility within Ecolab since joining in July 2008, including leading
regional finance teams in Europe and Latin America, in corporate planning and
analysis and in other finance roles. He also previously held analyst roles at
the Brattle Group, a consulting firm, from 2001 to 2006 prior to earning his
Master of Business Administration in Finance from the University of Chicago.
As an executive officer of the Company, Mr. Jackola is entitled to participate
in the annual incentive compensation program and long-term equity incentive
compensation program described under the heading "Compensation Discussion and
Analysis" in the Company's Proxy Statement on Schedule 14A filed with the SEC on
June 3, 2021.
There are no arrangements or understandings between Mr. Jackola and any other
persons pursuant to which Mr. Jackola was selected as an executive officer of
the Company. There are no family relationships between Mr. Jackola and any
director or executive officer of the Company and Mr. Jackola does not have a
direct or indirect material interest in any transaction required to be disclosed
pursuant to Item 404(a) of Regulation S-K promulgated under the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), nor are any such
transactions currently proposed.
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