8-KLeadership ChangesOther EventsExhibits & Filings

Intercontinental Exchange, Inc. 8-K Report, Executive Changes (May 22, 2018)

Filed May 22, 2018For Securities:ICE

Summary

Intercontinental Exchange, Inc. (ICE) filed an 8-K on May 22, 2018, to announce significant personnel changes. The primary event disclosed is the separation of Thomas W. Farley from his role within the company, effective May 21, 2018. This separation is detailed in a Separation Agreement filed as an exhibit, indicating a formal departure and likely a structured transition or settlement. Investors should note that while the filing itself is brief, the accompanying press release (Exhibit 99.1) is incorporated by reference and likely contains further details regarding the circumstances of Mr. Farley's departure and any implications for ICE's strategic direction or operations. The filing underscores the importance of closely reviewing the press release for a comprehensive understanding of this executive change and its potential impact on the company's future performance and leadership.

Key Highlights

  • 1Intercontinental Exchange (ICE) announced the separation of Thomas W. Farley, effective May 21, 2018.
  • 2A formal Separation Agreement between ICE and Thomas W. Farley has been filed as Exhibit 10.1.
  • 3The company issued a press release on May 22, 2018, to announce these changes.
  • 4The press release (Exhibit 99.1) is incorporated by reference into the 8-K filing, providing additional context.
  • 5The filing is primarily informational, detailing an executive departure and related agreements.
  • 6Andrew J. Surdykowski, Senior Vice President and Associate General Counsel, signed the filing on behalf of ICE.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce the separation of Thomas W. Farley from Intercontinental Exchange, Inc. (ICE), along with related details concerning a Separation Agreement and an accompanying press release.

While this 8-K filing does not explicitly state Mr. Farley's specific role, press releases and prior company information would typically detail the executive positions held by individuals of this prominence within a company like ICE. Investors should refer to the press release (Exhibit 99.1) for more details on his position and the context of his departure.

The 8-K filing indicates that a Separation Agreement between Intercontinental Exchange Holdings, Inc. and Thomas W. Farley, dated May 21, 2018, is filed as Exhibit 10.1. This agreement likely outlines the terms and conditions of his departure, which may include severance, benefits, and non-compete clauses.

More detailed information about the announcement and the circumstances surrounding Thomas W. Farley's separation can be found in the press release dated May 22, 2018, which is included as Exhibit 99.1 to this 8-K filing and is incorporated by reference.