White Mountains appoints Liam Caffrey CFO effective March 1, 2022; Reid Campbell transitions to President

WHITE MOUNTAINS INSURANCE GROUP LTD

Caffrey receives $500k base salary, 75% annual bonus target, LTI grant of 1,250 restricted and 1,250 performance shares for 2022-2024.
Signing bonus of $975k payable in three equal annual installments; repayment required if Caffrey voluntarily leaves before March 15, 2024.
Caffrey currently consulting under a $100k/month agreement through Feb 28, 2022; must repay if he does not join as CFO by March 15, 2022.
Outgoing CFO Reid Campbell becomes President on March 1, 2022, maintaining duties except CFO, and will retire in February 2024.
Caffrey previously CEO of Aon Affinity, global CFO of Aon Risk Solutions, and partner at McKinsey.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Liam P. Caffrey

Executive Vice President and Chief Financial Officer

WTM · WHITE MOUNTAINS INSURANCE GROUP LTD

Effective: 2022-03-01
Filed: December 2, 2021, 6:59 PM ET

On March 1, 2022, Liam P. Caffrey, 49, will become Executive Vice President and Chief Financial Officer of White Mountains Insurance Group, Ltd. (the “Company”).

Role change

Reid T. Campbell

President

WTM · WHITE MOUNTAINS INSURANCE GROUP LTD

Effective: 2022-03-01
Successor: Liam P. Caffrey
Filed: December 2, 2021, 6:59 PM ET

Reid T. Campbell, the current Executive Vice President and Chief Financial Officer of the Company, will become President of the Company on March 1, 2022 and will serve in that role until his retirement in February 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Liam P. Caffrey was appointed as Executive Vice President and Chief Financial Officer at WHITE MOUNTAINS INSURANCE GROUP LTD.

Action: will become
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On March 1, 2022, Liam P. Caffrey, 49, will become Executive Vice President and Chief Financial Officer of White Mountains Insurance Group, Ltd. (the “Company”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Reid T. Campbell changed role as President at WHITE MOUNTAINS INSURANCE GROUP LTD.

Action: will become
Role: President

Exact text from the filing

Reid T. Campbell, the current Executive Vice President and Chief Financial Officer of the Company, will become President of the Company on March 1, 2022 and will serve in that role until his retirement in February 2024.

View on SEC.gov

WHITE MOUNTAINS INSURANCE GROUP LTD filing history →

Source: SEC EDGAR

accession 0000776867-21-000022

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