Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
Separation of Chief Financial Officer
On May 12, 2017, Allscripts Healthcare Solutions, Inc. (the Company) announced that Melinda D. Whittington would no longer be serving as Chief
Financial Officer, principal financial officer or principal accounting officer of the Company, effective immediately. Ms. Whittingtons departure is not as a result of any dispute or disagreement over the Companys accounting
principles or practices, financial statement disclosures, ethics policy or otherwise. To assist in the orderly transition of the Chief Financial Officer position, Ms. Whittington will continue with the Company until June 5, 2017, at which
time Ms. Whittingtons employment with the Company will terminate. In connection with her departure, the Company and Ms. Whittington entered into a Separation Agreement (the Agreement). Under the terms of the Agreement,
and provided Ms. Whittington does not revoke her acceptance of the terms of the Agreement, consistent with the terms of Section 4.5.1 of her employment agreement dated January 29, 2016, which was previously filed by the Company as an
exhibit to a Current Report on Form 8-K on February 2, 2016, Ms. Whittington will receive (i) severance equal to 1x the sum of base salary plus target cash incentive bonus opportunity, with such severance to be paid over a
twelve-month period, (ii) one year of continued health benefits and (iii) partial accelerated vesting of equity awards.
Appointment of
Interim Chief Financial Officer
On May 12, 2017, it was announced that Mr. Dennis M. Olis, 54, the Companys Senior Vice
President, Strategic Initiatives, was appointed as interim Chief Financial Officer, effective immediately, and will serve as the Companys principal financial officer and principal accounting officer.
Mr. Olis joined the Company in November 2012 and has served as Senior Vice President, Strategic Initiatives since November 2016. From November 2012 to
November 2016, Mr. Olis served as Senior Vice President, Operations. Prior to joining, Mr. Olis was employed by Motorola, Inc. and Motorola Mobility LLC, a provider of mobile communication devices and video and data delivery solutions, for
over 28 years. His most recent role at Motorola was Corporate Vice President, Mobile Device Operations. From 2007 until 2009, he was Corporate Vice President of Finance, Research & Development, Portfolio Management, and Planning at
Motorola.
Mr. Olis earned a bachelors degree in finance from Marquette University and a masters degree in business administration from
DePaul University.
There are no family relationships between Mr. Olis and any director or executive officer of the Company, and he has no direct or
indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation
S-K.
In connection with appointment of Mr. Olis as interim Chief Financial Officer, the Compensation Committee of the Board of Directors of the Company
approved an equity award consisting of $500,000 in performance stock units (PSUs), the vesting of which is subject to both continued service and the Companys relative total shareholder return, measured over a single three-year
performance period. The other terms of Mr. Oliss employment remain unchanged.
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