Item 2.02 Results of Operations and Financial Condition.
On August 4, 2022, APi Group Corporation (the "Company") issued a press release
announcing its financial results for its fiscal quarter ended June 30, 2022. A
copy of the press release is furnished as Exhibit 99.1.
The information furnished under this Item 2.02, including Exhibit 99.1, is being
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or
incorporated by reference in any filing under the Securities Act of 1933
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
James Arseniadis, 39, the Company's Vice President and Chief Accounting Officer,
has been designated as the Company's principal accounting officer effective
August 2, 2022.
Prior to joining the Company in June 2022, Mr. Arseniadis was a Vice President
of Accounting at UnitedHealth Group ("UHG") where he most recently served as
Assistant Controller of Optum Rx, a pharmacy care services company. At Optum Rx,
Mr. Arseniadis was responsible for various accounting oversight and financial
reporting functions. Prior to that, Mr. Arseniadis held other roles of
increasing responsibility within UHG since joining in August 2017. Mr.
Arseniadis began his career at PricewaterhouseCoopers and spent 12 years in the
firm's Assurance practice serving a variety of public, multinational clients.
Mr. Arseniadis graduated from the University of Notre Dame with a Bachelor of
Business Administration and is a Certified Public Accountant.
As an officer of the Company, Mr. Arseniadis is entitled to participate in the
Company's annual incentive compensation and long-term equity incentive
compensation programs described under the heading "Compensation Discussion and
Analysis" in the Company's Proxy Statement on Schedule 14A filed with the SEC on
April 29, 2022.
There are no arrangements or understandings between Mr. Arseniadis and any other
persons pursuant to which Mr. Arseniadis was selected as an officer of the
Company. There are no family relationships between Mr. Arseniadis and any
director or executive officer of the Company and Mr. Arseniadis 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 Exchange Act,
nor are any such transactions currently proposed, as amended or the Exchange
Act, except as shall be expressly set forth by specific reference in such a
Item 9.01 Financial Statements and Exhibits.
The following exhibit is being furnished as part of this Current Report on Form
99.1 Press release issued by APi Group Corporation on August 4, 2022.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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