---
schema_version: "secwatch.filing_event.v1"
accession: "0000004977-22-000139"
form_type: "8-K"
ticker: "AFL"
cik: "0000004977"
company_name: "AFLAC INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:27:18.738343+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Aflac EVP & Global CIO Eric M. Kirsch to retire March 2023; consulting agreement through March 2024

## Summary
- Eric M. Kirsch to retire as employee on March 31, 2023; will continue as EVP & Global CIO through Dec 31, 2022, then EVP through March 31, 2023.
- Kirsch receives $725k annualized base salary during transition, $600k discretionary bonus for 2023 (target 200% of 2022 base for 2022 bonus), and $58k net retirement allowance.
- Consulting agreement from April 1, 2023 to March 31, 2024 with $750k annual fee; includes confidentiality, non-compete, non-solicitation.
- Employment agreements of COO Fred Crawford, CFO Max Broden, and GC Audrey Boone Tillman amended to narrow 'Good Reason' definition.

## SEC filing metadata
- accession: 0000004977-22-000139
- form_type: 8-K
- ticker: AFL
- cik: 0000004977
- company_name: AFLAC INC
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4977/000000497722000139/0000004977-22-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4977/000000497722000139/afl-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004977-22-000139
- JSON: https://secwatch.observer/filing/0000004977-22-000139.json
- Plain text: https://secwatch.observer/filing/0000004977-22-000139.txt

## Key facts
- Executive change
  Eric M. Kirsch departed as Executive Vice President, Global Chief Investment Officer and President of Aflac Global Investments at AFLAC INC.
  - Action: retire
  - Role: Executive Vice President, Global Chief Investment Officer and President of Aflac Global Investments
  source text: Pursuant to the terms of the LOA, Mr. Kirsch will retire from service as an employee of the Company on March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/4977/000000497722000139/0000004977-22-000139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.