Mike Karmilowicz appointed Chairman of Everest Global Insurance with increased bonus and equity targets

EVEREST GROUP, LTD.

Base salary unchanged at $800,000; target annual bonus increased to 140% of base, paid at target for 2024.
Target equity compensation increased to 160% of base salary for fiscal year prior to grant determination.
If resignation before January 1, 2025, treated as resignation for 'Good Reason' under the agreement.
Agreement includes 8-month non-competition and 16-month non-solicitation, non-interference, non-disparagement covenants.

item 5.02

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Appointed

Mike Karmilowicz

Chairman, Everest Global Insurance

EG · EVEREST GROUP, LTD.

Effective: 2024-03-25
Filed: March 28, 2024, 7:59 PM ET

On March 25, 2024, Everest Group, Ltd. (the 'Company') announced the appointment of Mike Karmilowicz to Chairman, Everest Global Insurance

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Karmilowicz was appointed as Chairman, Everest Global Insurance at EVEREST GROUP, LTD..

Action: appointed
Role: Chairman, Everest Global Insurance

Exact text from the filing

On March 25, 2024, Everest Group, Ltd. (the 'Company') announced the appointment of Mike Karmilowicz to Chairman, Everest Global Insurance

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EVEREST GROUP, LTD. filing history →

Source: SEC EDGAR

accession 0001095073-24-000012

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