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Posted 13 August, 2021

TransUnion appointed new CEO

CEO Change detected for ticker NYSE:TRU in a 8-K filed on 13 August, 2021.


  Pursuant to the Retirement Agreement, beginning on August 16, 2021, Mr. Neenan will serve as Executive Vice President, Strategic Advisor, International, providing specified transition services and reporting to the Company's President and Chief Executive Officer, through January 7, 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.

On August 9, 2021, David M. Neenan, President, International, notified TransUnion (the "Company") that he intends to retire from the Company in January 2022.

On August 12, 2021, the Company and Mr. Neenan entered into a Retirement and Transition Agreement (the "Retirement Agreement") in connection with Mr. Neenan's transition and upcoming retirement from the Company. Pursuant to the Retirement Agreement, beginning on August 16, 2021, Mr. Neenan will serve as Executive Vice President, Strategic Advisor, International, providing specified transition services and reporting to the Company's President and Chief Executive Officer, through January 7, 2022, on which date he will retire from the Company (the "Retirement Date"). Under the Retirement Agreement, Mr. Neenan will be entitled to a salary through the Retirement Date at an annual rate of $650,000 and he will be eligible for a 2021 annual incentive bonus with a target of $650,000, 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.

On August 10, 2021, the Company's Board of Directors appointed Mr. Todd C. Skinner to succeed Mr. Neenan as President, International, effective as of August 16, 2021. Mr. Skinner joined TransUnion in 2014 as TransUnion's Regional President of Canada and his role expanded to cover Latin American and Caribbean in 2018. Mr. Skinner previously held leadership roles at First Canadian Title and HSBC. He earned an MBA from Schulich - Kellogg School of Management and a bachelor's of commerce from St. Mary's University.