---
schema_version: "secwatch.filing_event.v1"
accession: "0001095073-24-000012"
form_type: "8-K"
ticker: "EG"
cik: "0001095073"
company_name: "EVEREST GROUP, LTD."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:44:23.820864+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001095073-24-000012
- form_type: 8-K
- ticker: EG
- cik: 0001095073
- company_name: EVEREST GROUP, LTD.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095073/000109507324000012/0001095073-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095073/000109507324000012/everestre-20240324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095073-24-000012
- JSON: https://secwatch.observer/filing/0001095073-24-000012.json
- Plain text: https://secwatch.observer/filing/0001095073-24-000012.txt

## Key facts
- Executive change
  Mike Karmilowicz was appointed as Chairman, Everest Global Insurance at EVEREST GROUP, LTD..
  - Action: appointed
  - Role: Chairman, Everest Global Insurance
  source text: On March 25, 2024, Everest Group, Ltd. (the 'Company') announced the appointment of Mike Karmilowicz to Chairman, Everest Global Insurance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095073/000109507324000012/0001095073-24-000012-index.htm

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