CNA Financial discloses $1.2M separation agreement with retiring COO Kevin Leidwinger

CNA FINANCIAL CORP

Kevin Leidwinger's retirement as President & COO of Commercial Lines effective April 30, 2022; separation agreement dated April 4, 2022.
Lump-sum payment of $1,200,000 plus continued health and welfare benefits.
12-month non-interference covenant covering customers, employees, and business partners; ongoing litigation cooperation required.

item 5.02 item 9.01

Executive movements

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Departed

Kevin Leidwinger

President & Chief Operating Officer of the Commercial Lines

CNA · CNA FINANCIAL CORP

Effective: 2022-04-30
Filed: April 8, 2022, 7:59 PM ET

In connection with the retirement of Kevin Leidwinger, President & Chief Operating Officer of the Commercial Lines of the Registrant, effective April 30, 2022, Mr. Leidwinger and the Registrant entered into a General Release and Separation Agreement

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Leidwinger retired as President & Chief Operating Officer of the Commercial Lines at CNA FINANCIAL CORP.

Action: retired
Role: President & Chief Operating Officer of the Commercial Lines

Exact text from the filing

In connection with the retirement of Kevin Leidwinger, President & Chief Operating Officer of the Commercial Lines of the Registrant, effective April 30, 2022, Mr. Leidwinger and the Registrant entered into a General Release and Separation Agreement

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Source: SEC EDGAR

accession 0000021175-22-000055

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