---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-001467"
form_type: "8-K"
ticker: "OXBR"
cik: "0001584831"
company_name: "OXBRIDGE RE HOLDINGS Ltd"
filed_at: "2023-01-13T23:59:59+00:00"
generated_at: "2026-06-20T15:20:00.857902+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Oxbridge Re appoints new independent director, adopts director comp, amends CEO/CFO contracts

## Summary
- Director Raymond Cabillot resigned Jan 9, 2023; no disagreement with company.
- Arun Gowda appointed independent director effective Jan 9, 2023; subject to CIMA approval for OxRe board.
- New non-employee director compensation: $15k annual cash retainer + $25k annual equity award.
- CEO Jay Madhu amended employment: $300k base salary, 40,000 restricted shares annually, 7% M&A bonus, term to Dec 2025.
- CFO Wrendon Timothy amended employment: $195k base, 25,000 restricted shares annually, 3% M&A bonus, same term.

## SEC filing metadata
- accession: 0001493152-23-001467
- form_type: 8-K
- ticker: OXBR
- cik: 0001584831
- company_name: OXBRIDGE RE HOLDINGS Ltd
- filed_at: 2023-01-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584831/000149315223001467/0001493152-23-001467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584831/000149315223001467/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-001467
- JSON: https://secwatch.observer/filing/0001493152-23-001467.json
- Plain text: https://secwatch.observer/filing/0001493152-23-001467.txt

## Key facts
- Executive change
  Raymond Cabillot resigned as independent director at OXBRIDGE RE HOLDINGS Ltd.
  - Action: resigned
  - Role: independent director
  source text: accepted the resignation of Mr. Raymond Cabillot as an independent director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584831/000149315223001467/0001493152-23-001467-index.htm
- Executive change
  Arun Gowda was appointed as independent director at OXBRIDGE RE HOLDINGS Ltd.
  - Action: appointed
  - Role: independent director
  source text: appointed Mr. Arun Gowda to serve as an independent director on the Board of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584831/000149315223001467/0001493152-23-001467-index.htm

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