Assured Guaranty CIO David A. Buzen to separate effective March 1, 2024

ASSURED GUARANTY LTD

David A. Buzen, Chief Investment Officer, will separate from the company on March 1, 2024, under a mutual agreement.
Effective August 1, 2023, he becomes Senior Managing Director, Alternative Investments, resigning as CIO and executive officer.
Separation Agreement provides base salary unchanged through March 1, 2024; cash incentive for 2023 equals 2022's amount.
Lump-sum payment after separation equals one year salary, average of last three years' incentives, pro-rata 2024 incentive, and 12 months insurance premiums.
Restrictive covenants include non-competition, non-solicitation, confidentiality, and cooperation; equity vesting tied to continued employment through March 1, 2024.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

David A. Buzen

Senior Managing Director, Alternative Investments

AGO · ASSURED GUARANTY LTD

Effective: 2023-08-01
Filed: July 10, 2023, 7:59 PM ET

Effective August 1, 2023, Mr. Buzen will become the Company’s Senior Managing Director, Alternative Investments, focusing on special projects for the Company, and resign as the Company’s Chief Investment Officer and Head of Asset Management and as an executive officer of the Company.

Departed

David A. Buzen

Chief Investment Officer

AGO · ASSURED GUARANTY LTD

Effective: 2024-03-01
Filed: July 10, 2023, 7:59 PM ET

Assured Guaranty Ltd. (together with its affiliates, “Company”) and David A. Buzen, the Company’s Chief Investment Officer, mutually and amicably agreed on July 6, 2023, that Mr. Buzen will separate from the Company, effective March 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Buzen changed role as Senior Managing Director, Alternative Investments at ASSURED GUARANTY LTD.

Action: will become
Role: Senior Managing Director, Alternative Investments

Exact text from the filing

Effective August 1, 2023, Mr. Buzen will become the Company’s Senior Managing Director, Alternative Investments, focusing on special projects for the Company, and resign as the Company’s Chief Investment Officer and Head of Asset Management and as an executive officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Buzen departed as Chief Investment Officer at ASSURED GUARANTY LTD.

Action: will separate
Role: Chief Investment Officer

Exact text from the filing

Assured Guaranty Ltd. (together with its affiliates, “Company”) and David A. Buzen, the Company’s Chief Investment Officer, mutually and amicably agreed on July 6, 2023, that Mr. Buzen will separate from the Company, effective March 1, 2024.

View on SEC.gov

ASSURED GUARANTY LTD filing history →

Source: SEC EDGAR

accession 0001273813-23-000054

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