Essent Group CFO Lawrence McAlee steps down; David Weinstock named interim CFO

Essent Group Ltd.

Lawrence McAlee ceased as CFO effective June 28, 2022, will serve as Special Advisor to CEO through Dec 31, 2022.
McAlee receives $30,000 monthly base salary during transition and a one-time cash bonus of $1,500,000.
David Weinstock, VP and Chief Accounting Officer since 2009, appointed Interim CFO with a monthly cash bonus of $25,000.
Departure not related to any financial disclosure issues or disagreements with the Company.
McAlee eligible for severance and equity vesting consistent with termination without cause after Separation Date.

item 5.02 item 9.01

Executive movements

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

Role change

Lawrence McAlee

Senior Vice President and Chief Financial Officer

ESNT · Essent Group Ltd.

Effective: 2022-06-28
Successor: David Weinstock
Filed: June 29, 2022, 7:59 PM ET

Lawrence McAlee, the Company’s Senior Vice President and Chief Financial Officer, pursuant to which Mr. McAlee will cease serving as Senior Vice President and Chief Financial Officer of the Company as of the 'Transition Date'.

Appointed (interim)

David Weinstock

Interim Chief Financial Officer

ESNT · Essent Group Ltd.

Effective: 2022-06-28
Filed: June 29, 2022, 7:59 PM ET

David Weinstock, who has served as the Company’s Vice President and Chief Accounting Officer since 2009, began serving as Interim Chief Financial Officer of the Company on the Transition Date

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lawrence McAlee changed role as Senior Vice President and Chief Financial Officer at Essent Group Ltd..

Action: ceased serving as
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

Lawrence McAlee, the Company’s Senior Vice President and Chief Financial Officer, pursuant to which Mr. McAlee will cease serving as Senior Vice President and Chief Financial Officer of the Company as of the 'Transition Date'.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Weinstock was appointed as Interim Chief Financial Officer at Essent Group Ltd..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

David Weinstock, who has served as the Company’s Vice President and Chief Accounting Officer since 2009, began serving as Interim Chief Financial Officer of the Company on the Transition Date

View on SEC.gov

Essent Group Ltd. filing history →

Source: SEC EDGAR

accession 0001448893-22-000063

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.