Employers Holdings appoints Michael Pedraja as next CFO, succeeding retiring Michael Paquette

Employers Holdings, Inc.

Michael Pedraja joins as EVP & CFO (Designate) effective Feb 3, 2025; CFO role starts on or about March 31, 2025.
Pedraja succeeds Michael Paquette who will retire in March 2025; most recently Group CFO of Ariel Re Services.
Compensation: $535k base salary, 70% bonus target, $600k LTI target, $525k sign-on bonus, $1.2M PSU award.
Pedraja has 30+ years experience including SVP & Treasurer at Allstate and investment banker at Aon, Barclays, Credit Suisse.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Michael A. Pedraja

Chief Financial Officer

EIG · Employers Holdings, Inc.

Effective: 2025-03-31
Filed: October 9, 2024, 7:59 PM ET

Michael A. Pedraja will be appointed as Executive Vice President, Finance and Chief Financial Officer (Designate) on or about February 3, 2025, and will then serve as Executive Vice President, Finance and Chief Financial Officer starting on or about March 31, 2025

Departed

Michael S. Paquette

Chief Financial Officer

EIG · Employers Holdings, Inc.

Effective: 2025-03-31
Successor: Michael A. Pedraja
Filed: October 9, 2024, 7:59 PM ET

succeeding Mr. Michael S. Paquette in such role

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael A. Pedraja was appointed as Chief Financial Officer at Employers Holdings, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Michael A. Pedraja will be appointed as Executive Vice President, Finance and Chief Financial Officer (Designate) on or about February 3, 2025, and will then serve as Executive Vice President, Finance and Chief Financial Officer starting on or about March 31, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Michael S. Paquette departed as Chief Financial Officer at Employers Holdings, Inc..

Action: retire
Role: Chief Financial Officer

Exact text from the filing

succeeding Mr. Michael S. Paquette in such role

View on SEC.gov

Employers Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001379041-24-000157

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