secwatch.observer — SEC 8-K summary
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Issuer:     Employers Holdings, Inc. (EIG)
CIK:        0001379041
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0001379041-24-000157
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1379041/000137904124000157/0001379041-24-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1379041/000137904124000157/eig-20241009.htm
  HTML page:      https://secwatch.observer/filing/0001379041-24-000157

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer