Verisk President & COO Anquillare to step down Jan 15, 2023; separation terms finalized

Verisk Analytics, Inc.

Mark Anquillare's last day as President & COO is Jan 15, 2023; taking leave from Dec 31.
Severance includes lump sum of 18 months base salary plus 1.5x FY2022 target bonus.
Cash payment for accelerated vesting of 2019 stock options and restricted shares at Jan 13 closing price.
Receives $50k outplacement, 18 months health coverage, full vesting of March 2022 restricted shares.
Agrees to 12-month non-compete and non-solicitation; retains D&O insurance coverage.

item 5.02 item 9.01

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Departed

Mark V. Anquillare

President and Chief Operating Officer

VRSK · Verisk Analytics, Inc.

Effective: 2023-01-15
Filed: December 30, 2022, 6:59 PM ET

Mark V. Anquillare will step down as President and Chief Operating Officer of the Company effective as of January 15, 2023

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Mark V. Anquillare departed as President and Chief Operating Officer at Verisk Analytics, Inc..

Action: step down
Role: President and Chief Operating Officer

Exact text from the filing

Mark V. Anquillare will step down as President and Chief Operating Officer of the Company effective as of January 15, 2023

View on SEC.gov

Verisk Analytics, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-315466

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