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Allscripts promotes CFO to President, extends CEO's contract

Oct. 07, 2015 4:32 PM ETVeradigm Inc. (MDRX) StockBy: Eric Jhonsa, SA News Editor
  • CFO Rick Poulton is now Allscripts' (NASDAQ:MDRX) President. He'll continue reporting to CEO Paul Black, and maintain the CFO title until Allscripts finishes a search for a new finance chief. (PR) (8-K filing)
  • Poulton's base salary has been hiked to $600K, and his target award under Allscripts' cash incentive bonus program set at $600K. He's also receiving $500K worth of restricted stock units that vest in three annual installments.
  • As for Black, his contract (previously set to expire in December) has been extended through at least 2018, with automatic 1-year renewals beyond 2018.
  • Allscripts' Q3 report will arrive on Nov. 5.

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