UFCS General Counsel retiring; Sarah Madsen named Chief Legal Officer effective March 31

UNITED FIRE GROUP INC

Neal Scharmer to retire as VP, General Counsel and Corporate Secretary on March 31, 2022, after 27 years at UFG.
Sarah E. Madsen appointed Chief Legal Officer effective March 31, 2022, promoted from Assistant General Counsel.
Scharmer receives base salary through June 30, 2022; board vested unvested RSUs and NSOs (expire April 1, 2024).
Performance stock units not accelerated; will expire at retirement per award terms.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Neal Scharmer

Vice President, General Counsel and Corporate Secretary

UFCS · UNITED FIRE GROUP INC

Effective: 2022-03-31
Successor: Sarah E. Madsen
Filed: February 10, 2022, 6:59 PM ET

Neal Scharmer notified United Fire Group, Inc. (the "Company" or "UFG") of his decision to retire as Vice President, General Counsel and Corporate Secretary, effective March 31, 2022.

Appointed

Sarah E. Madsen

Chief Legal Officer

UFCS · UNITED FIRE GROUP INC

Effective: 2022-03-31
Filed: February 10, 2022, 6:59 PM ET

On February 10, 2022, the Board of Directors appointed Sarah E. Madsen as Chief Legal Officer of UFG, effective March 31, 2022, upon the retirement of Mr. Scharmer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Neal Scharmer retired as Vice President, General Counsel and Corporate Secretary at UNITED FIRE GROUP INC.

Action: retired
Role: Vice President, General Counsel and Corporate Secretary

Exact text from the filing

Neal Scharmer notified United Fire Group, Inc. (the "Company" or "UFG") of his decision to retire as Vice President, General Counsel and Corporate Secretary, effective March 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sarah E. Madsen was appointed as Chief Legal Officer at UNITED FIRE GROUP INC.

Action: appointed
Role: Chief Legal Officer

Exact text from the filing

On February 10, 2022, the Board of Directors appointed Sarah E. Madsen as Chief Legal Officer of UFG, effective March 31, 2022, upon the retirement of Mr. Scharmer.

View on SEC.gov

UNITED FIRE GROUP INC filing history →

Source: SEC EDGAR

accession 0000101199-22-000009

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