Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Equifax (EFX)

Equifax: USIS President Todd Horvath to depart effective June 1, 2025

Neutral Impact 3 of 5 leadership Written later

Equifax said Todd Horvath, head of its U.S. Information Solutions unit, will leave the company effective June 1, 2025, and that CEO Mark Begor will lead USIS until a successor is found. The filing also discloses a separation package including a $2.9 million lump-sum severance payment and about $3.2 million in cash for unvested new-hire equity, which is a cost to the company.

Key points

  • Todd Horvath departs as EVP and President, U.S. Information Solutions, effective June 1, 2025
  • CEO Mark Begor will lead USIS while the company searches for a successor
  • Lump-sum severance of $2.9 million, about two years of annual cash compensation before taxes and withholdings
  • About $3.2 million in cash for the unvested portion of his new-hire "make whole" equity award; prorated 2025 incentive payable in Q1 2026

The filing

CompanyEquifax (EFX)
Form8-K, current report
Filed with the SECMay 30, 2025, 4:45 PM ET
Accession number0001193125-25-132263

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing 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 May 30, 2025.

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