SiriusPoint CEO Scott Egan relocates to Bermuda; new contract with $1.1M base

SiriusPoint Ltd

CEO Scott Egan entered a new employment agreement on May 17, 2023, relocating from UK to Bermuda.
Annual base salary of $1,100,000; target bonus at 140% of base, 2023 bonus guaranteed at 100% of target.
Long-term incentive target grant value of 350% of base salary; housing allowance of $312,000 per year.
Company covers relocation costs, Bermuda payroll/social security taxes, and certain tax reimbursements.
Severance benefits unchanged from prior agreement as described in the 2023 proxy statement.

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