leadership
confidence high
sentiment neutral
materiality 0.35
GBLI appoints Gary Tolman to board, James Holt resigns effective Nov 1, 2022
Global Indemnity Group, LLC
- Gary Tolman appointed to GBLI board Nov 1; 45+ years P&C insurance experience, former CEO of Noblr and Esurance.
- James R. Holt, Jr. resigned same day due to time demands from his primary commercial activities.
- Tolman appointed per Class B Majority Shareholder rights; agreement allows shareholder to remove him at any time.
- Tolman will serve on Audit Committee and receive standard non-executive director compensation.
- No material transactions or other compensatory arrangements disclosed in connection with appointment.