Everest Group Ltd. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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Property-Casualty Insurers
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(June 23, 2025 )
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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 | ||||
The Board of Directors (the "Board") of Everest Group, Ltd. (the "Company") voted to expand its size to 11 members and elected Allan Levine to serve on the Board, effective June 23, 2025. Mr. Levine will receive an annual retainer of $125,000 pro-rated based on the date that he joined the Board and a grant of restricted shares with a fair market value of $325,000 pursuant to the 2003 Non-Employee Director Compensation Plan (the "Director Compensation Plan"). A press release announcing Mr. Levine's appointment is attached hereto as Exhibit 99.1.
On a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on May 20, 2025, the Company disclosed that Darryl Page had been elected to the Board. Effective June 23, 2025, Mr. Page received a grant of restricted shares with a fair market value of $325,000 pursuant to the Director Compensation Plan.
Effective as of June 23, 2025, the Board has carried out a reorganization of its Committee structure and appointed Messrs. Levine and Page to Committees. Below are the members of each of the Board's Committees:
| Audit Committee: | Compensation Committee: | Nominating & Governance Committee: | ||||||||||||
| Meryl Hartzband (Chair) | Gerri Losquadro (Chair) | John Amore (Chair) | ||||||||||||
| William Galtney, Jr. | John Amore | William Galtney, Jr. | ||||||||||||
| John Howard | John Howard | John Howard | ||||||||||||
| Hazel McNeilage | Allan Levine | Gerri Losquadro | ||||||||||||
| Darryl Page | Roger Singer | Roger Singer | ||||||||||||
| Roger Singer | ||||||||||||||
| Investment Policy Committee: | Risk Management Committee: | Technology & Cyber Committee: | ||||||||||||
| John Graf (Chair) | William Galtney, Jr. (Chair) | Hazel McNeilage (Chair) | ||||||||||||
| Meryl Hartzband | John Amore | Meryl Hartzband | ||||||||||||
| Allan Levine | Allan Levine | Darryl Page | ||||||||||||
| Jim Williamson | Gerri Losquadro | Jim Williamson | ||||||||||||
| Hazel McNeilage | ||||||||||||||
| Darryl Page | ||||||||||||||
| Jim Williamson | ||||||||||||||
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
| (d) | Exhibits | ||||||||||
| Exhibit No. | Description | ||||||||||
| 99.1 | News Release of the Company dated June 23, 2025 | ||||||||||
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.
| EVEREST GROUP, LTD. | ||||||||||||||
| By: | /S/ ROBERT J. FREILING | |||||||||||||
| Robert J. Freiling | ||||||||||||||
Senior Vice President and Chief Accounting Officer | ||||||||||||||
Dated: June 23, 2025
EXHIBIT INDEX
| Exhibit Number | Description of Document | ||||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document | ||||||||||