RGA and ex-COO Alain Néemeh finalize separation; 2-year salary, bonus, equity vesting

REINSURANCE GROUP OF AMERICA INC

Salary of $645,000/year for 24 months plus target bonus payments totaling $2.1285M over 2021-2023.
Equity awards to continue vesting as 'Retirement' if no competing work with income >$500K by 55th birthday.
Non-compete in Quebec and Ontario for 24 months; confidentiality and non-disparagement obligations.
Agreement includes continued benefits (insurance, pension accrual) during salary continuance period.

item 5.02 item 9.01

Executive movements

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Departed

Alain P. Néemeh

Senior Executive Vice President, Chief Operating Officer

RGA · REINSURANCE GROUP OF AMERICA INC

Effective: 2021-09-23
Filed: December 17, 2021, 6:59 PM ET

The Company previously announced that Mr. Néemeh was no longer employed by the Company, effective September 23, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Alain P. Néemeh departed as Senior Executive Vice President, Chief Operating Officer at REINSURANCE GROUP OF AMERICA INC.

Action: was no longer employed
Role: Senior Executive Vice President, Chief Operating Officer

Exact text from the filing

The Company previously announced that Mr. Néemeh was no longer employed by the Company, effective September 23, 2021.

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REINSURANCE GROUP OF AMERICA INC filing history →

Source: SEC EDGAR

accession 0001193125-21-361277

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