---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-004113"
form_type: "8-K"
ticker: "CRD-A"
cik: "0000025475"
company_name: "CRAWFORD & CO"
filed_at: "2026-01-15T23:59:59+00:00"
generated_at: "2026-05-16T10:14:04.702221+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Crawford & Company promotes Michael J. Hoberman to CEO – US Operations; new employment agreement

## Summary
- Michael J. Hoberman promoted to CEO – US Operations, effective Jan 1, 2026, reporting to interim CEO Bruce Swain.
- New agreement: base salary $475,000; STIP target 57.5% of base; LTIP target $550,000 for 2026.
- Sales incentive: 0.5% of quarterly billed US service fees for first 24 months per new sale.
- At-will employment; severance of 12 months base salary if terminated without cause, subject to severance agreement.

## SEC filing metadata
- accession: 0001104659-26-004113
- form_type: 8-K
- ticker: CRD-A
- cik: 0000025475
- company_name: CRAWFORD & CO
- filed_at: 2026-01-15T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25475/000110465926004113/0001104659-26-004113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25475/000110465926004113/tm263247d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-004113
- JSON: https://secwatch.observer/filing/0001104659-26-004113.json
- Plain text: https://secwatch.observer/filing/0001104659-26-004113.txt

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