Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officer.
On February 26, 2021, Todd Hyatt retired from IHS Markit Ltd. (the "Company").
Mr. Hyatt stepped down as the Company's Chief Financial Officer on February 1,
2021, and thereafter served as a Special Advisor to the CEO of the Company until
his retirement. In connection with his retirement, Mr. Hyatt entered into a
separation agreement executed March 11, 2021 (the "Separation Agreement").
Consistent with the terms of his employment agreement, the Separation Agreement
provides that, subject to a release of claims, he will receive (i) continuation
of health and welfare benefits for 24 months following his retirement and (ii)
continued post-retirement vesting of all unvested restricted share units and
other equity awards granted to him in accordance with their terms, provided that
Mr. Hyatt does not engage in any activity in competition with the Company at any
time following his retirement during the full vesting period of such awards.
The foregoing description of the Separation Agreement is only a summary and is
qualified in its entirety by the full text of the Separation Agreement, a copy
of which is attached hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number Description of Exhibit
10.1 Separation Agreement by and between IHS Global, Inc., its affiliates
and subsidiaries and Todd Hyatt, executed March 11, 2021
101 Cover Page Interactive Data File - the cover page XBRL tags are
embedded within the Inline XBRL document.
104 The cover page from this Current Report on Form 8-K, formatted as
Inline XBRL.
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