other material
confidence high
sentiment neutral
materiality 0.50
Safety Insurance expands board to 7, appoints lead independent director and committee term limits
SAFETY INSURANCE GROUP INC
- Board size increased from 6 to 7; continuing search for highly qualified nominees before 2022 annual meeting.
- Thalia Meehan appointed as Lead Independent Director with expanded responsibilities.
- Three-year term limits adopted for chairs of Audit, Compensation, and Nominating & Governance Committees.
- Mary C. Moran named chair of Nominating & Governance Committee; committee chairs set to rotate by 2025.
- Company expects Q4 and FY 2021 results in late February; annual meeting date not yet scheduled.