{"schema_version":"secwatch.filing_event.v1","accession":"0001620459-23-000097","form_type":"8-K","ticker":"JRVR","cik":"0001620459","company_name":"James River Group Holdings, Inc.","filed_at":"2023-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.695211+00:00","generated_at":"2026-06-14T04:59:38.803589+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Chairman Abram not seeking re-election; CEO severance extended to 36 months post-change-in-control","bullets":["Non-Executive Chairman J. Adam Abram will not stand for re-election at 2023 annual meeting; Ollie L. Sherman, Jr. to succeed as chairman, contingent on his re-election.","CEO Frank D'Orazio's severance increased from 18 to 36 months salary if termination within 12 months after a change in control.","Terry McCafferty's severance increased: 36 months for cause/good reason termination (from 30) and 24 months for non-renewal (from 12) within 12 months post-change-in-control.","Both agreements clarify payout rights under short-term and long-term incentive plans upon termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001620459-23-000097","json":"https://secwatch.observer/filing/0001620459-23-000097.json","markdown":"https://secwatch.observer/filing/0001620459-23-000097.md","text":"https://secwatch.observer/filing/0001620459-23-000097.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000097/0001620459-23-000097-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000097/jrvr-20230604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T04:59:38.803589+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8b42d77b58","claim":"J. Adam Abram departed as Non-Executive Chairman at James River Group Holdings, Inc..","evidence_excerpt":"On June 4, 2023, J. Adam Abram, the Non-Executive Chairman of the Board of James River Group Holdings, Ltd. (the “ Company ”), advised the Company that he does not intend to seek re-election as a director at the Company’s 2023 annual general meeting of shareholders","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000097/0001620459-23-000097-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"not seeking re-election"},{"label":"Role","value":"Non-Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"a40ab12d9b","claim":"Ollie L. Sherman, Jr. changed role as Non-Executive Chairman at James River Group Holdings, Inc..","evidence_excerpt":"the board of directors of the Company (the “ Board ”) has identified Ollie L. Sherman, Jr., a current director who serves as the lead independent director, as the successor Non-Executive Chairman of the Board, effective upon conclusion of Mr. Abram’s term as director, and contingent upon Mr. Sherman’s re-election as a director at the Annual Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000097/0001620459-23-000097-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"identified as successor"},{"label":"Role","value":"Non-Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}