HCI Group CFO Departs, New CFO Appointed
Ticker: HCIIP · Form: 8-K · Filed: Apr 10, 2025 · CIK: 1400810
| Field | Detail |
|---|---|
| Company | Hci Group, Inc. (HCIIP) |
| Form Type | 8-K |
| Filed Date | Apr 10, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment, executive-compensation
TL;DR
HCI Group CFO out, new CFO in. Hamann takes over with $350K salary.
AI Summary
HCI Group, Inc. announced on April 9, 2025, the departure of its Chief Financial Officer, K.R. "Buddy" Kirk, effective April 10, 2025. The company also appointed Kevin J. Hamann as the new Chief Financial Officer, effective April 10, 2025. Hamann will receive an annual base salary of $350,000 and will be eligible for a discretionary bonus.
Why It Matters
This filing indicates a significant leadership change in the finance department, which could impact investor confidence and the company's financial strategy.
Risk Assessment
Risk Level: medium — A CFO departure and appointment can signal internal changes or strategic shifts that may affect the company's financial health and future performance.
Key Numbers
- $350,000 — New CFO Salary (Annual base salary for Kevin J. Hamann)
Key Players & Entities
- HCI Group, Inc. (company) — Registrant
- K.R. "Buddy" Kirk (person) — Departing Chief Financial Officer
- April 10, 2025 (date) — Effective date of CFO departure and appointment
- Kevin J. Hamann (person) — Appointed Chief Financial Officer
- $350,000 (dollar_amount) — Annual base salary for new CFO
FAQ
Who is the departing Chief Financial Officer of HCI Group, Inc.?
K.R. "Buddy" Kirk is the departing Chief Financial Officer of HCI Group, Inc.
When is the departure of K.R. "Buddy" Kirk effective?
The departure of K.R. "Buddy" Kirk is effective April 10, 2025.
Who has been appointed as the new Chief Financial Officer of HCI Group, Inc.?
Kevin J. Hamann has been appointed as the new Chief Financial Officer of HCI Group, Inc.
What is the annual base salary for the new Chief Financial Officer?
The annual base salary for Kevin J. Hamann is $350,000.
What is the effective date for the new Chief Financial Officer's appointment?
The appointment of Kevin J. Hamann as Chief Financial Officer is effective April 10, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 10, 2025 by K.R. "Buddy" Kirk regarding HCI Group, Inc. (HCIIP).