Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b) & (c)
Mark Polovitz, who served as Vice President, Controller and principal accounting
officer of APi Group Corporation (the "Company"), is transitioning to a new role
with the Company as an operating company Vice President, effective June 26,
2020. As of the same date, Thomas A. Lydon, the Company's Chief Financial
Officer, has assumed the role of principal accounting officer. Mr. Lydon will
not receive any additional compensation for his services in that additional
role.
Biographical information for Mr. Lydon, 56, can be found in the Company's
Registration Statement on Form S-4 effective May 1, 2020 (the "Form S-4"), and
such biographical information is incorporated by reference herein. There are no
arrangements or understandings between Mr. Lydon and any other persons pursuant
to which he was selected to serve in the role of principal accounting officer of
the Company. There are no family relationships between Mr. Lydon and any
director or executive officer of the Company and, other than as disclosed under
the "Related Party Transactions" heading in the Form S-4, which information
relating specifically to Mr. Lydon is incorporated herein by reference,
Mr. Lydon does not have a direct or indirect material interest in any
transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K
promulgated under the Securities Exchange Act of 1934, as amended, nor are any
such transactions currently proposed.
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