UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
May 4, 2011
Date of Report (Date of earliest event reported)
RDA HOLDING CO.
(Exact name of registrant as specified in its charter)
Delaware |
|
333-170143-07 |
|
37-1537045 |
(State or other jurisdiction |
|
(Commission |
|
(IRS Employer |
of incorporation) |
|
File Number) |
|
Identification No.) |
750 Third Avenue New York, New York |
|
10017 |
(Address of principal executive offices) |
|
(Zip Code) |
(646) 293-6000
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors Appointment of Principal Officers
On May 4, 2011, the board of directors (the Board) of RDA Holding Co. (the Company), the parent company of The Readers Digest Association, Inc. (Readers Digest), approved an increase in compensation for Thomas Williams, President and Chief Executive Officer of the Company and Readers Digest.
As approved by the Board, and in recognition of Mr. Williams being appointed as President and Chief Executive Officer of the Company and Readers Digest on April 25, 2011, Mr. Williams annual base salary has been increased from $600,000 to $800,000, effective retroactively to April 25, 2011. Mr. Williams annual performance incentive target has also been increased from $600,000 to $800,000. Mr. Williams is also entitled to participate in the Companys benefit plans and programs available to senior management.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
RDA Holding Co. | |
|
| |
|
| |
|
/s/Andrea Newborn | |
|
Name: |
Andrea Newborn |
|
Title: |
Senior Vice President, General Counsel and Secretary |
|
| |
Date: May 10, 2011 |
|