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AI brief of an SEC Form 8-K · APi (APG)

APi Group CFO Kevin Krumm to resign effective Dec. 13; reaffirms 2024 guidance

Neutral Impact 4 of 5 leadership Written later

APi Group's Chief Financial Officer, Kevin Krumm, will leave the company effective December 13, 2024, to pursue another professional opportunity. David Jackola, currently CFO and Vice President of Transformation at APi International, will serve as interim CFO until a successor is named, and the company has started a search. The company also reaffirmed its 2024 net revenue and adjusted EBITDA guidance, which it had first given on October 31, 2024.

Key points

  • Kevin Krumm, Executive Vice President and Chief Financial Officer, resigns effective December 13, 2024.
  • David Jackola, 45, becomes interim CFO; he has been CFO of APi International since November 2022.
  • Jackola will receive a $25,000 monthly cash stipend and a one-time restricted stock unit grant valued at $500,000, vesting in three equal annual tranches.
  • 2024 net revenue and adjusted EBITDA guidance reaffirmed; the company plans another update in mid-December.

The filing

CompanyAPi (APG)
Form8-K, current report
Filed with the SECNov 22, 2024, 7:34 AM ET
Accession number0001628280-24-048922

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 22, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.