leadership
confidence high
sentiment neutral
materiality 0.65
Everest Group CFO Mark Kociancic to retire; Elias Habayeb named successor effective May 2026
EVEREST GROUP, LTD.
- Mark Kociancic to retire after Q1 2026 reporting, serve as special advisor until July 31, 2026.
- Elias Habayeb appointed EVP and CFO effective on or about May 1, 2026.
- Transition agreement provides Kociancic with ~$9.35M total compensation including salary, bonus, equity, and separation benefits.
- Kociancic eligible for $3.9M in target cash bonus/equity for 2025, $3.8M separation, and $1.65M for transition period.
- Non-competition period extended through December 31, 2026.
item 5.02