secwatch.observer — SEC 8-K summary
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Issuer:     RLI CORP (RLI)
CIK:        0000084246
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001564590-21-056199
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

RLI CEO Jonathan Michael to retire Dec 31; Craig Kliethermes named CEO, Jennifer Klobnak COO
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- CEO Jonathan Michael to retire Dec 31, 2021; remains Chairman of Board until 2022 annual meeting.
- Craig W. Kliethermes appointed President and CEO effective Jan 1, 2022; salary $650,000.
- Jennifer L. Klobnak appointed COO effective Jan 1, 2022; salary $475,000.
- Kliethermes served as President and COO since 2016; Klobnak as SVP Operations since 2016.
- Michael's annual base salary as Chairman set at $350,000; no incentive awards for 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84246/000156459021056199/0001564590-21-056199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84246/000156459021056199/rli-8k_20211110.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-056199

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