VYX appoints internal candidate James Wise as CAO with 45% target bonus

Rhea-AI Filing Summary

NCR Voyix Corporation announced that its Chief Accounting Officer, Anthony Radesca, resigned on September 3, 2025 to pursue another employment opportunity; the company stated the departure was not due to any disagreement with operations, policies or practices. The board appointed James Wise as Senior Vice President & Chief Accounting Officer effective September 12, 2025. Mr. Wise, 41, has been with the company in accounting and M&A roles since 2021 and previously held senior roles at PricewaterhouseCoopers from 2007 to 2021. His offer letter sets a $320,000 annual base salary, a 45% target bonus under the management incentive plan, and a $240,000 target long-term equity award for 2026; he will participate in standard benefit plans and the company's Executive Severance Plan.

Positive

• Continuity in leadership through internal promotion of James Wise, who has multi-year company experience
• Clear compensation and incentive structure disclosed (base salary, 45% target bonus, $240,000 target long-term equity for 2026)

Negative

• Departure of prior Chief Accounting Officer creates short-term transition risk despite company statement of no disagreement

Insights

Financial Analyst

TL;DR: Internal promotion keeps accounting leadership continuity with defined compensation but limited immediate financial impact.

The appointment of James Wise from within the finance organization suggests continuity in accounting and technical accounting direction, reducing transition risk compared with an external hire. The compensation package—$320,000 base, a 45% target annual bonus and a $240,000 target long-term equity award for 2026—aligns management incentives with performance and retention. There are no disclosed related-party transactions or family ties, and the company identified no disagreements with the departing officer, which reduces governance concern. Overall, this is a routine executive succession with modest near-term financial implications.

Corporate Governance Expert

TL;DR: Board action follows standard governance practices: internal succession, disclosure of compensation, and reference to existing severance plan.

The disclosure notes the offer letter will be filed as an exhibit to the upcoming quarterly report and references the Executive Severance Plan previously filed, which supports regulatory transparency. The absence of disagreements and the statement that there are no arrangements or family relationships addresses common disclosure triggers. Stakeholders will likely view this as an orderly leadership change; materiality is limited unless future filings reveal differing terms or related transactions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 3, 2025

NCR VOYIX CORPORATION

(Exact name of registrant as specified in its charter)

Commission File Number 001-00395  

Maryland						31-0387920
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)

864 Spring Street NW

Atlanta, GA 30308

(Address of principal executive offices and zip code)

Registrant's telephone number, including area code: (800) 225-5627

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):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.01 per share			VYX			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).        Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02.     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Chief Accounting Officer

On September 3, 2025, Anthony Radesca informed NCR Voyix Corporation (the “Company”) of his decision to resign from his position as the Company’s Chief Accounting Officer to pursue another employment opportunity. Mr. Radesca’s resignation is not due to any disagreement with the Company or any matter relating to the Company’s operations, policies or practices.

Appointment of Chief Accounting Officer

On September 7, 2025, the Board of Directors of the Company appointed James Wise to serve as the Company’s Senior Vice President & Chief Accounting Officer, effective September 12, 2025. Mr. Wise, age 41, has served as the Company’s Vice President, Assistant Controller since October 2023. Prior to that role, Mr. Wise served as the Company’s Director of Mergers & Acquisitions and Technical Accounting from October 2021 to September 2023. Between 2007 and 2021, Mr. Wise held progressively senior roles at PricewaterhouseCoopers LLP, most recently as Assurance Director.

The Company and Mr. Wise entered into an offer letter (the “Offer Letter”) in connection with his promotion dated September 12, 2025. Pursuant to the terms of the Offer Letter Mr. Wise will receive an annual base salary of $320,000 and will be eligible to participate in the Company’s management incentive plan with a 45% target bonus and the Company’s long-term incentive equity award program with a target incentive award of $240,000 for 2026. Mr. Wise will also be eligible to participate in certain Company-sponsored benefits, such as health insurance plans and other disability and life insurance plans.

In addition to the Offer Letter, Mr. Wise will participate in the Company’s Executive Severance Plan, which was filed with the U.S. Securities and Exchange Commission as Exhibit 10.1.3 to the Company’s Annual Report on Form 10-K filed on March 14, 2024.

The foregoing summary of the Offer Letter does not purport to be complete and is qualified in its entirety by reference to the full text of the Offer Letter, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending September 30, 2025.

There are no arrangements or understandings between Mr. Wise and any other person pursuant to which Mr. Wise was appointed as Senior Vice President & Chief Accounting Officer and there are no family relationships between Mr. Wise and any director or other 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.

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.

NCR Voyix Corporation
By:						/s/ Kelli E. Sterrett
						Kelli E. Sterrett
						Executive Vice President, General Counsel and Secretary

Date: September 9, 2025

FAQ

Why did NCR Voyix (VYX)'s Chief Accounting Officer resign?

The filing states Anthony Radesca resigned on September 3, 2025 to pursue another employment opportunity and that his resignation was not due to any disagreement with the Company.

Who is the new Chief Accounting Officer at NCR Voyix (VYX)?

The board appointed James Wise as Senior Vice President & Chief Accounting Officer, effective September 12, 2025.

What is James Wise's compensation package at NCR Voyix (VYX)?

Per the offer letter summary, Mr. Wise will receive a $320,000 annual base salary, a 45% target bonus under the management incentive plan, and a $240,000 target long-term equity award for 2026.

Does James Wise have prior experience at NCR Voyix (VYX)?

Yes. Mr. Wise has served as Vice President, Assistant Controller since October 2023 and was Director of Mergers & Acquisitions and Technical Accounting from October 2021 to September 2023.

Are there any related-party or family relationships disclosed for the new CAO?

The filing states there are no arrangements or understandings with others regarding his appointment and no family relationships with any director or executive officer.