---
schema_version: "secwatch.filing_event.v1"
accession: "0001379041-24-000157"
form_type: "8-K"
ticker: "EIG"
cik: "0001379041"
company_name: "Employers Holdings, Inc."
filed_at: "2024-10-09T23:59:59+00:00"
generated_at: "2026-05-30T17:10:32.981181+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001379041-24-000157
- form_type: 8-K
- ticker: EIG
- cik: 0001379041
- company_name: Employers Holdings, Inc.
- filed_at: 2024-10-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1379041/000137904124000157/0001379041-24-000157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379041/000137904124000157/eig-20241009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001379041-24-000157
- JSON: https://secwatch.observer/filing/0001379041-24-000157.json
- Plain text: https://secwatch.observer/filing/0001379041-24-000157.txt

## Key facts
- Executive change
  Michael A. Pedraja was appointed as Chief Financial Officer at Employers Holdings, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1379041/000137904124000157/0001379041-24-000157-index.htm
- Executive change
  Michael S. Paquette departed as Chief Financial Officer at Employers Holdings, Inc..
  - Action: retire
  - Role: Chief Financial Officer
  source text: succeeding Mr. Michael S. Paquette in such role
  evidence_url: https://www.sec.gov/Archives/edgar/data/1379041/000137904124000157/0001379041-24-000157-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.