secwatch.observer — SEC 8-K summary
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Issuer:     EVEREST GROUP, LTD. (EG)
CIK:        0001095073
Form:       8-K
Filed at:   2025-12-02T23:59:59+00:00
Accession:  0001095073-25-000091
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Everest Group CFO Mark Kociancic to retire; Elias Habayeb named successor effective May 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095073/000109507325000091/0001095073-25-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095073/000109507325000091/everestre-20251125.htm
  HTML page:      https://secwatch.observer/filing/0001095073-25-000091

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