TDS - Telephone and Data Systems Inc.
01/15/2025 | Press release | Distributed by Public on 01/15/2025 15:13
Management Change/Compensation Form 8 K
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements for Certain Officers
United States Cellular Corporation (UScellular), a subsidiary of Telephone and Data Systems, Inc. (TDS), filed a Form 8-K datedJanuary 13, 2025, which included as an Exhibit the UScellular 2025 Annual Incentive Plan (2025 Plan). The 2025 Plan will be used to determine the annual bonus paid to the UScellular President and Chief Executive Officer (CEO). Because UScellular is a principal business unit of TDS, the President and CEO of UScellular is a named executive officer of TDS. Accordingly, the 2025 Plan that was filed by UScellular is incorporated as an Exhibit to this Form 8-K.
The provisions of the 2025 Plan are described in, and filed as Exhibit 10.1, to UScellular's Form 8-K dated January 13, 2025, which is incorporated by reference herein.