---
schema_version: "secwatch.filing_event.v1"
accession: "0000947484-24-000150"
form_type: "8-K/A"
ticker: "ACGL"
cik: "0000947484"
company_name: "ARCH CAPITAL GROUP LTD."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T03:11:47.202955+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Arch Capital appoints Papadopoulo to exec committee; grants $23M outperformance award

## Summary
- Nicolas Papadopoulo appointed to Executive Committee of the Board, effective Nov 7, 2024.
- Compensation Committee approved special Outperformance Award for new CEO with total grant date value of $23 million.
- Award: 70% in premium-priced stock options (exercise price 1.685x closing price, vest 3rd anniversary, 10-year term).
- Award: 30% in time-vested restricted shares (vest in 3 equal annual installments, held until 5th anniversary).
- CEO must comply with non-competition covenants; net shares held for 2 years post-exercise or 5 years post-vest.

## SEC filing metadata
- accession: 0000947484-24-000150
- form_type: 8-K/A
- ticker: ACGL
- cik: 0000947484
- company_name: ARCH CAPITAL GROUP LTD.
- filed_at: 2024-11-08T23:59:59+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/947484/000094748424000150/0000947484-24-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/947484/000094748424000150/acgl-20241011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947484-24-000150
- JSON: https://secwatch.observer/filing/0000947484-24-000150.json
- Plain text: https://secwatch.observer/filing/0000947484-24-000150.txt

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