Senior leadership changes at Global Payments (NYSE: GPN) disclosed
Rhea-AI Filing Summary
Global Payments Inc. reported changes in its senior leadership team. Executive Vice President and Chief Accounting Officer David Sheffield notified the company on January 9, 2026 of his intention to retire, effective March 1, 2026. He will remain in his current role until his retirement, and the company expects to appoint a successor Chief Accounting Officer and principal accounting officer before that date.
On the same date, Senior Executive Vice President and Chief Administrative Officer David Green notified the company that he will resign for good reason under his existing employment agreement. As of January 9, 2026, he no longer serves in that executive role but will remain for a brief period in a non-executive capacity to help with the transition and other key initiatives. Both departures are stated as not resulting from any disagreement with the company on its operations, policies, or accounting practices. Mr. Green will receive payments and benefits under his employment agreement and will sign a customary release of claims in favor of the company.
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Accounting Officer
On January 9, 2026, David Sheffield, Executive Vice President and Chief Accounting Officer (principal accounting officer) of Global Payments Inc. (the “Company”), notified the Company of his intention to retire, effective March 1, 2026. Mr. Sheffield will continue to serve in his current role until his retirement, and the Company expects to appoint a successor Chief Accounting Officer and principal accounting officer prior to his retirement date. Mr. Sheffield’s departure is not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices or any issues regarding accounting policies or practices.
Departure of Chief Administrative Officer
On January 9, 2026, David Green, Senior Executive Vice President and Chief Administrative Officer of the Company, notified the Company that he will be resigning for good reason (as that term is defined under his existing employment agreement filed as Exhibit 10.17 to the Company’s Form 10-K for the year ended December 31, 2024). As of January 9, 2026, Mr. Green will no longer serve as Senior Executive Vice President and Chief Administrative Officer of the Company. Mr. Green will continue with the Company in a non-executive officer role for a brief period to assist with the transition of his responsibilities and duties and other key initiatives. Mr. Green’s departure is not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices or any issues regarding accounting policies or practices.
Mr. Green will receive the payments and benefits to which he is entitled under his employment agreement, as described under the caption “Compensation of Named Executive Officers—Employment Agreements with Our Named Executive Officers” in the Company’s Definitive Proxy Statement for the 2025 Annual Meeting of Shareholders, as filed with the Securities and Exchange Commission on March 13, 2025. Mr. Green will also execute a customary release of claims in favor of the Company.
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.
| GLOBAL PAYMENTS INC. | |||
| Date: | January 14, 2026 | By: | /s/ Dara Steele-Belkin |
| Dara Steele-Belkin | |||
| Chief Legal Officer | |||
FAQ
What executive leadership changes did Global Payments (GPN) disclose in this 8-K?
Global Payments disclosed that David Sheffield, Executive Vice President and Chief Accounting Officer, plans to retire effective March 1, 2026, and that David Green, Senior Executive Vice President and Chief Administrative Officer, has resigned for good reason as of January 9, 2026, moving briefly into a non-executive role for transition.
When will Global Payments’ Chief Accounting Officer retire and who will replace him?
David Sheffield notified Global Payments on January 9, 2026 of his intention to retire effective March 1, 2026. He will continue in his current role until then, and the company states it expects to appoint a successor Chief Accounting Officer and principal accounting officer before his retirement date.
Why is Global Payments’ Chief Administrative Officer David Green leaving his role?
David Green notified Global Payments that he is resigning for good reason, as defined in his existing employment agreement referenced in the company’s Form 10-K. His resignation from the Senior Executive Vice President and Chief Administrative Officer role is effective January 9, 2026.
Are the executive departures at Global Payments related to any disagreements over accounting or company policies?
No. The company states that the departures of both David Sheffield and David Green are not the result of any disagreement with Global Payments on matters relating to its operations, policies, practices, or accounting policies or practices.
What role will David Green have at Global Payments after resigning as Chief Administrative Officer?
After ceasing to serve as Senior Executive Vice President and Chief Administrative Officer on January 9, 2026, David Green will continue with Global Payments for a brief period in a non-executive officer role to assist with the transition of his responsibilities and other key initiatives.
What compensation will David Green receive in connection with his departure from Global Payments?
David Green will receive the payments and benefits to which he is entitled under his employment agreement, as described in the company’s Definitive Proxy Statement for the 2025 Annual Meeting of Shareholders, and he will execute a customary release of claims in favor of the company.
