secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001104659-25-114794
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Rohit Verma steps down Dec 31; CFO Bruce Swain named interim CEO, Holly Boudreau as CFO
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- Rohit Verma resigns as President & CEO and Board member effective Dec 31, 2025; no disagreement with Company.
- Bruce Swain, current CFO, appointed Interim President & CEO effective Jan 1, 2026; joins Board.
- Swain's interim CEO package: base salary $805,000, STIP target 100%, LTIP target $750,000.
- Holly Boudreau promoted to EVP & CFO effective Jan 1, 2026; base $425k, STIP 57.5%, LTIP $500k.
- Verma leaves for new opportunity; no separation agreement or enhanced severance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000110465925114794/0001104659-25-114794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000110465925114794/tm2531876d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-114794

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