secwatch.observer — SEC 8-K summary
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Issuer:     EVEREST GROUP, LTD. (EG)
CIK:        0001095073
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001095073-25-000088
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everest appoints Elias Habayeb as CFO effective May 1, 2026; Kociancic to retire after Q1 2026
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- Elias Habayeb named EVP and Group CFO effective May 1, 2026; replaces Mark Kociancic who retires after Q1 2026 reporting cycle.
- Habayeb receives $910K base salary, 175% target bonus, 275% equity target.
- Sign-on cash: $500K at 1-yr anniversary, $1.5M + $1.3M within 60 days; RSU grants of $4.9M and $2.5M subject to approval.
- Habayeb previously CFO of Corebridge Financial (CRBG) and AIG; over 30 years of insurance finance experience.
- Kociancic will remain as special advisor through transition period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095073/000109507325000088/0001095073-25-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095073/000109507325000088/everestre-20251117.htm
  HTML page:      https://secwatch.observer/filing/0001095073-25-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer