Form 8-K · Current Report · Filed 2025-05-30
Equifax Inc Announces Departure of Executive Vice President, President, U.S. Information Solutions
On May 30, 2025, Equifax Inc. announced the departure of Todd Horvath, Executive Vice President, President of U.S. Information Solutions, effective June 1, 2025. Horvath will receive a lump-sum cash severance payment of $2.9 million and a prorated portion of his 2025 annual incentive award. His unvested equity awards were forfeited, but he will receive $3.2 million in cash representing the fair market value of the unvested portion of his new hire equity award.
- Filer
- Equifax Inc. EFX · NYSE
- Filed
- Accession
- 0001193125-25-132263
- CIK
- 0000033185
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$263.05
Next session
-0.6%
Since filing
-34.4%
Latest close
$172.62
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Precedent
Previous filings from EFX reporting the same item, with the next session's move:
About Equifax Inc.
Equifax Inc. is a global consumer credit reporting agency based in Atlanta, Georgia. It is one of the largest credit bureaus in the world, playing a crucial role in the financial ecosystem by providing credit reports and scores that help lenders make informed decisions. Equifax collects and aggregates information on over 800 million individual consumers and more than 88 million businesses worldwide. This data is used by financial institutions, businesses, and government entities to assess the creditworthiness of prospective borrowers, mitigate risk, and facilitate decision-making processes. In addition to credit reporting, Equifax offers a range of analytical services and specialized solutions in identity verification, fraud prevention, and debt management. Its operations significantly influence the credit market, affecting industries such as banking, automotive financing, and mortgage lending by providing crucial insights that drive lending decisions and consumer interaction. Equifax's comprehensive data analytics capabilities also support businesses in marketing and risk assessment applications, thereby strengthening economic transactions globally.
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