8-KLeadership Changes

EQUIFAX INC 8-K Report, Executive Changes (Sep 12, 2018)

Filed September 12, 2018For Securities:EFX

Summary

This 8-K filing by Equifax Inc. announces a significant change in its Principal Accounting Officer role. Nuala M. King, the current Senior Vice President and Corporate Controller, has announced her intention to retire in the first quarter of 2019. This transition marks the end of Ms. King's tenure in a critical financial oversight position within the company. In response to Ms. King's upcoming retirement, the Board of Directors has appointed James M. Griggs as the new Chief Accounting Officer and Corporate Controller, effective immediately. Mr. Griggs brings a wealth of experience to this role, having served in various senior finance and accounting positions within Equifax since 2006, and previously as a Vice President at Assurant Specialty Property and in public accounting at PricewaterhouseCoopers LLP. His immediate appointment suggests a well-planned succession to ensure continuity in the company's financial reporting and controls.

Key Highlights

  • 1Nuala M. King, Senior Vice President and Corporate Controller (Principal Accounting Officer), announced her retirement, effective Q1 2019.
  • 2James M. Griggs appointed as Chief Accounting Officer and Corporate Controller (Principal Accounting Officer), effective immediately.
  • 3Mr. Griggs has extensive experience within Equifax, holding various finance and accounting roles since 2006.
  • 4Mr. Griggs previously served as Assistant Corporate Controller since June 2018.
  • 5The company has appointed a successor promptly to ensure continuity in financial leadership.
  • 6This change is effective as of September 12, 2018.

Frequently Asked Questions

James M. Griggs has been appointed as the new Chief Accounting Officer and Corporate Controller (Principal Accounting Officer). He has a strong background with Equifax, having served in senior finance roles since 2006, including Assistant Corporate Controller since June 2018. Prior to rejoining Equifax, he held finance leadership positions at Assurant Specialty Property and began his career at PricewaterhouseCoopers LLP.

Nuala M. King has provided notice of her decision to retire from Equifax. Her retirement is scheduled to occur in the first quarter of 2019.

James M. Griggs's appointment as Chief Accounting Officer and Corporate Controller is effective immediately as of September 12, 2018.

The appointment of James M. Griggs is effective immediately, and he has significant experience within Equifax's finance department. This suggests a planned succession and aims to ensure stability and continuity in financial reporting and controls during this transition, which should be viewed positively by investors.