Crawford & Company filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 14, 2026, Crawford & Company (the “Company”) entered into a new Executive Employment Agreement with Michael J. Hoberman in connection with his promotion to the role of CEO – US Operations, effective January 1, 2026 (the “Hoberman Employment Agreement”). Under the Hoberman Employment Agreement, Mr. Hoberman will be entitled to the following compensation:
| · | Annual base salary of $475,000, starting January 1, 2026; | |
| · | Annual Bonus under the Short Term Incentive Plan, at target payout of 57.5% of Mr. Hoberman’s base salary, for 2026; | |
| · | Long Term Incentive Plan awards, at target, equal to $550,000 for 2026.; | |
| · | Sales Incentive Payment equal to 0.5% of quarterly billed US service fees for first 24 months of each sale. |
The foregoing description of the Hoberman Employment Agreement is not complete and is qualified in its entirety by reference to the Hoberman Employment Agreement, a copy of which is filed as Exhibit 10.1 to this Report and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
| (a) | Exhibits. The following exhibit are filed with this Report: |
| Exhibit No. |
Description | |
| 10.1 | Executive Employment Agreement between Michael J Hoberman and the Company, dated as of January 14, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CRAWFORD & COMPANY | |||
| By: | /s/ Tami E. Stevenson | ||
| Name: | Tami E. Stevenson | ||
| Title: | SVP, General Counsel and Corporate Secretary | ||
Date: January 15, 2026
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