President of Insurance Operations Jonathan Oltman departs GBLI, signs separation agreement with $487,500 severance

Global Indemnity Group, LLC

Jonathan Oltman separated as President of Insurance Operations effective Dec 31, 2023; severance of $487,500 over 9 months.
Non-compete covenant eliminated; non-solicit covenant extended to 18 months from separation date.
Separation Agreement includes general release, perpetual confidentiality, and mutual non-disparagement.
Oltman also receives payment for 22 accrued PTO days and 6 months of executive outplacement services.

item 5.02 item 9.01

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Departed

Jonathan E. Oltman

President of Insurance Operations

GBLI · Global Indemnity Group, LLC

Effective: 2023-12-31
Filed: January 19, 2024, 6:59 PM ET

former President of Insurance Operations of Global Indemnity Group, LLC (“GBLI”), Jonathan E. Oltman, departed from GBLI effective as of December 31, 2023

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan E. Oltman departed as President of Insurance Operations at Global Indemnity Group, LLC.

Action: departed
Role: President of Insurance Operations

Exact text from the filing

former President of Insurance Operations of Global Indemnity Group, LLC (“GBLI”), Jonathan E. Oltman, departed from GBLI effective as of December 31, 2023

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Global Indemnity Group, LLC filing history →

Source: SEC EDGAR

accession 0001193125-24-011259

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