8-K
filed May 22, 2024, 7:59 PM ET
ticker PRA
CIK 0001127703
leadership
confidence high
sentiment neutral
materiality 0.40
ProAssurance elects Bielen and Pierce to board; four incumbents depart, board size to 10
PROASSURANCE CORP
- Richard J. Bielen and Staci M. Pierce elected as new directors; four incumbents (Gorrie, Haydar, Spinosa, Wilson) did not stand for re-election.
- Board reduced from 12 to 10 directors; all elected directors serve three-year terms.
- Stockholders approved the 2024 Equity Incentive Plan (41.4M for, 1.4M against).
- Ratified Ernst & Young as independent auditor for FY 2024 (45.2M for).
- Advisory vote on 2023 executive compensation approved (36.4M for, 6.3M against; 3.0M broker non-votes).
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
M. James Gorrie departed as Director at PROASSURANCE CORP.
- Action
- did not stand for re-election
- Role
- Director
Exact text from the filing
M. James Gorrie, Ziad R. Haydar, M.D., Frank A. Spinosa, D.P.M., and Thomas A. S. Wilson, Jr., M.D., each of whom had served at least nine years on the board, did not stand for re-election
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Thomas A. S. Wilson, Jr. departed as Director at PROASSURANCE CORP.
- Action
- did not stand for re-election
- Role
- Director
Exact text from the filing
M. James Gorrie, Ziad R. Haydar, M.D., Frank A. Spinosa, D.P.M., and Thomas A. S. Wilson, Jr., M.D., each of whom had served at least nine years on the board, did not stand for re-election
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Staci M. Pierce was elected as Director at PROASSURANCE CORP.
- Action
- elected
- Role
- Director
Exact text from the filing
Staci M. Pierce, J.D. (new member of the board)
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Frank A. Spinosa departed as Director at PROASSURANCE CORP.
- Action
- did not stand for re-election
- Role
- Director
Exact text from the filing
M. James Gorrie, Ziad R. Haydar, M.D., Frank A. Spinosa, D.P.M., and Thomas A. S. Wilson, Jr., M.D., each of whom had served at least nine years on the board, did not stand for re-election
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ziad R. Haydar departed as Director at PROASSURANCE CORP.
- Action
- did not stand for re-election
- Role
- Director
Exact text from the filing
M. James Gorrie, Ziad R. Haydar, M.D., Frank A. Spinosa, D.P.M., and Thomas A. S. Wilson, Jr., M.D., each of whom had served at least nine years on the board, did not stand for re-election
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard J. Bielen was elected as Director at PROASSURANCE CORP.
- Action
- elected
- Role
- Director
Exact text from the filing
Richard J. Bielen, C.P.A. (new member of the board)
View on SEC.gov
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