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Posted 07 April, 2021

TransUnion appointed new CEO

CEO Change detected for ticker NYSE:TRU in a 8-K filed on 07 April, 2021.


  Pursuant to the Retirement Agreement, Mr. Danaher will serve as Executive Vice President, Strategic Advisor, Consumer Interactive, providing specified transition services and reporting to the Company's President and Chief Executive Officer, through February 1, 2022, on which date he will retire from the Company (the "Retirement Date").  

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Overview of TransUnion
Financial Services • Finance Companies
TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services, and decision-making capabilities to businesses. It operates through the following segments: U.S. Markets, International, and Corporate. The U.S. Markets segment provides consumer reports, risk scores, analytical services, and decision-making capabilities to businesses. The International segment provides credit reports, analytics and decision-making services and other value-added risk management services. The Corporate segment provides support services to each segment, holds investments, and conducts enterprise functions. The company was founded in 1968 and is headquartered in Chicago, IL.
Market Cap
$17.6B
View Company Details
TransUnion by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(e) As described in the Current Report on Form 8-K previously filed with the Securities and Exchange Commission by TransUnion (the "Company") on March 2, 2021, John T. Danaher, former President, Consumer Interactive, transitioned into an advisory role at the Company on April 1, 2021 and will retire from the Company in February 2022. 

On April 1, 2021, the Company and Mr. Danaher entered into a Retirement and Transition Agreement (the "Retirement Agreement") in connection with Mr. Danaher's transition and upcoming retirement from the Company.

Pursuant to the Retirement Agreement, Mr. Danaher will serve as Executive Vice President, Strategic Advisor, Consumer Interactive, providing specified transition services and reporting to the Company's President and Chief Executive Officer, through February 1, 2022, on which date he will retire from the Company (the "Retirement Date"). Under the Retirement Agreement, Mr. Danaher will be entitled to a salary through the Retirement Date at an annual rate of $400,000 and an annual incentive bonus for 2021 of $500,000, subject to continued employment through the Retirement Date. 

The foregoing description of the Retirement Agreement is qualified in its entirety by reference to the full text of the Retirement Agreement, which is filed herewith as Exhibit 10.1 and incorporated by reference.