Tae Lee becomes CFO at Playtika (NASDAQ: PLTK) with $600k pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Playtika Holding Corp. appointed Tae Lee as its Chief Financial Officer on May 5, 2026, and he will continue serving as principal financial officer. He had been acting CFO since April 1, 2026, after joining the company in 2021 and leading corporate finance and investor relations.
Mr. Lee’s annual base salary as CFO remains $600,000, with a target bonus opportunity of $600,000 under Playtika’s annual cash bonus program. The company states there are no appointment arrangements, family relationships, or related-party transactions involving Mr. Lee that require disclosure under Regulation S-K Item 404(a).
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO appointment date: May 5, 2026
Acting CFO effective date: April 1, 2026
CFO annual base salary: $600,000
+3 more
6 metrics
CFO appointment date
May 5, 2026
Date Tae Lee was appointed Chief Financial Officer
Acting CFO effective date
April 1, 2026
Date Tae Lee became acting CFO and principal financial officer
CFO annual base salary
$600,000
Annual base salary for Tae Lee as Chief Financial Officer
Target annual bonus
$600,000
Target bonus under Playtika’s annual cash bonus program
CFO age
41 years
Age of Tae Lee at the time of appointment
Related-party transaction threshold
$120,000
Threshold for Item 404(a) related-party transaction disclosure
Key Terms
principal financial officer, Item 5.02, Regulation S-K, Item 404(a), +1 more
5 terms
principal financial officer financial
"appointed Tae Lee to serve as the Company’s acting Chief Financial Officer and the Company’s principal financial officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
Item 5.02 regulatory
"As previously disclosed in Item 5.02 of the on filed by Playtika Holding Corp."
Regulation S-K regulatory
"material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Item 404(a) regulatory
"required to be disclosed pursuant to Item 404(a) of Regulation S-K, including any since the beginning"
annual cash bonus program financial
"target bonus opportunity under the Company’s annual cash bonus program will remain $600,000"
FAQ
What did Playtika (PLTK) announce about its Chief Financial Officer?
Playtika appointed Tae Lee as Chief Financial Officer on May 5, 2026, and he will continue as principal financial officer. He previously served as acting CFO since April 1, 2026, and has led corporate finance and investor relations at the company since joining in 2021.
What is CFO Tae Lee’s compensation at Playtika (PLTK)?
Tae Lee’s annual base salary as CFO is $600,000, and his target bonus under Playtika’s annual cash bonus program is also $600,000. The filing notes these amounts remain unchanged with his transition from acting Chief Financial Officer to permanent Chief Financial Officer.
What experience does Playtika (PLTK) CFO Tae Lee bring to the role?
Tae Lee joined Playtika in 2021, serving as Vice President Corporate Finance and later Senior Vice President Corporate Finance and Investor Relations. He previously worked as Corporate Finance Manager at Meta Platforms, Inc. and holds an MBA from Columbia Business School and a BA in Economics from the University of Chicago.
Were any special arrangements made for Tae Lee’s appointment as Playtika (PLTK) CFO?
Playtika reports no arrangements or understandings with any other persons under which Tae Lee was appointed as an officer. The filing also notes there are no family relationships between him and any director or executive officer of the company in connection with this appointment.
When did Tae Lee become acting CFO of Playtika (PLTK)?
Tae Lee became Playtika’s acting Chief Financial Officer and principal financial officer effective April 1, 2026, before being appointed permanent CFO on May 5, 2026. During this period, he continued overseeing corporate finance and investor relations responsibilities at the company.