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

On January 3, 2022, the Board of Directors of Consensus Cloud Solutions, Inc. (the "Company") appointed James Malone as Chief Financial Officer of the Company, effective January 10, 2022. Scott Turicchi, the Company's Chief Executive Officer, had been serving as interim Chief Financial Officer since the Company's separation from J2 Global, Inc. (known since October 7, 2021 as Ziff Davis, Inc.).

James C. Malone, age 72, will join Consensus Cloud Solutions, Inc. as its Chief Financial Officer. Prior to joining Consensus, James served as the Executive Vice President and Chief Legal Officer at XIFIN, Inc. from 2015-2020. XIFIN is a cloud based health information technology company. James has previously served as the Chief Financial Officer at multiple other companies, including American Well, Misys plc, and The TriZetto Group. He has over 20 years of experience within the healthcare market. James received his Bachelor of Science in Accounting from St. Francis College and completed a graduate study in Taxation at Pace University.

In connection with his appointment, Mr. Malone will receive an annual base salary of $350,000 and will be eligible to receive an annual bonus of up to $210,000 in 2022. Mr. Malone will also receive an equity grant valued at approximately $600,000, consisting of 5,091 performance based restricted stock units that become eligible to vest in 4 tranches based on the closing market value of the Company's common stock reaching a certain value over a certain period of time and 5,091 time based restricted stock ("RSUs") that will vest in 7 tranches over a 4 year period.

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