---
schema_version: "secwatch.filing_event.v1"
accession: "0001620459-24-000104"
form_type: "8-K"
ticker: "JRVR"
cik: "0001620459"
company_name: "James River Group Holdings, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:24:05.901323+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# JRVR approves $1.57M retention awards for 3 NEOs; amends CEO severance to include STI target

## Summary
- Retention awards of aggregate ~$1.57M approved for three named executive officers, payable in 2024/2025 installments.
- CFO Sarah Doran awarded $572K; Richard Schmitzer $670K; Michael Hoffmann $332K; accelerated on change of control or qualifying termination.
- CEO Frank D'Orazio amended employment agreement on July 30, 2024, to incorporate STI target into severance.
- Severance: base salary plus STI target, paid monthly for 36 months after termination without cause/change of control.

## SEC filing metadata
- accession: 0001620459-24-000104
- form_type: 8-K
- ticker: JRVR
- cik: 0001620459
- company_name: James River Group Holdings, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620459/000162045924000104/0001620459-24-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620459/000162045924000104/jrvr-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001620459-24-000104
- JSON: https://secwatch.observer/filing/0001620459-24-000104.json
- Plain text: https://secwatch.observer/filing/0001620459-24-000104.txt

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