secwatch.observer — SEC 8-K summary
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Issuer:     ASSURED GUARANTY LTD (AGO)
CIK:        0001273813
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001273813-23-000054
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273813/000127381323000054/0001273813-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273813/000127381323000054/a8-kjuly102023.htm
  HTML page:      https://secwatch.observer/filing/0001273813-23-000054

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