---
schema_version: "secwatch.filing_event.v1"
accession: "0001620459-23-000151"
form_type: "8-K"
ticker: "JRVR"
cik: "0001620459"
company_name: "James River Group Holdings, Inc."
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T05:52:34.962862+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# James River Group settles separation agreement with departing segment CEO McCafferty

## Summary
- Terminated segment CEO McCafferty receives pro-rated STIP/LTIP awards based on 2023 performance and service period.
- McCafferty gets $110,000 expense reimbursement; service-based RSUs settled within 30 days of separation.
- Separation agreement includes mutual general releases; seven-day revocation period before effective.
- McCafferty left James River's Specialty Admitted Insurance segment effective Dec 2, 2023.

## SEC filing metadata
- accession: 0001620459-23-000151
- form_type: 8-K
- ticker: JRVR
- cik: 0001620459
- company_name: James River Group Holdings, Inc.
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620459/000162045923000151/0001620459-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620459/000162045923000151/jrvr-20231226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001620459-23-000151
- JSON: https://secwatch.observer/filing/0001620459-23-000151.json
- Plain text: https://secwatch.observer/filing/0001620459-23-000151.txt

## Key facts
- Executive change
  Terence M. McCafferty departed as President and Chief Executive Officer of the Specialty Admitted Insurance segment at James River Group Holdings, Inc..
  - Action: departed
  - Role: President and Chief Executive Officer of the Specialty Admitted Insurance segment
  source text: As previously announced, Terence M. McCafferty, President and Chief Executive Officer of the Specialty Admitted Insurance segment of James River Group Holdings, Ltd. (the “Company”), left the Company effective December 2, 2023 (the “Separation Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620459/000162045923000151/0001620459-23-000151-index.htm

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