James River Group CFO Departs, Interim Appointed
Ticker: JRVR · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1620459
| Field | Detail |
|---|---|
| Company | James River Group Holdings, Ltd. (JRVR) |
| Form Type | 8-K |
| Filed Date | Mar 4, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0002, $773,300, $457,600, $556,063, $269,556 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, interim-appointment, cfo
Related Tickers: JRVR
TL;DR
JRVR CFO out, interim CAO steps in. Watch for new permanent hire.
AI Summary
James River Group Holdings, Ltd. announced on February 28, 2024, the departure of its Chief Financial Officer, Robert D. D. Walker. Concurrently, the company appointed Sarah L. Greenfield as the interim Chief Financial Officer. Greenfield's appointment is effective immediately, and she will also continue in her role as Chief Accounting Officer.
Why It Matters
A sudden departure of a CFO can signal internal challenges or strategic shifts, potentially impacting investor confidence and the company's financial direction.
Risk Assessment
Risk Level: medium — CFO departures can introduce uncertainty regarding financial strategy and leadership stability.
Key Players & Entities
- James River Group Holdings, Ltd. (company) — Registrant
- Robert D. D. Walker (person) — Departing Chief Financial Officer
- Sarah L. Greenfield (person) — Appointed Interim Chief Financial Officer and continuing Chief Accounting Officer
- February 28, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the interim Chief Financial Officer?
Sarah L. Greenfield has been appointed as the interim Chief Financial Officer.
What is Sarah L. Greenfield's current role in addition to interim CFO?
Sarah L. Greenfield will continue in her role as Chief Accounting Officer.
When was the departure of the Chief Financial Officer reported?
The departure of the Chief Financial Officer was reported as of February 28, 2024.
What is the exact name of the registrant?
The exact name of the registrant is James River Group Holdings, Ltd.
What is the company's principal executive office address?
The address of the principal executive offices is Wellesley House, 2nd Floor, 90 Pitts Bay Road, Pembroke HM08, Bermuda.
Filing Stats: 1,141 words · 5 min read · ~4 pages · Grade level 12.2 · Accepted 2024-03-04 16:27:47
Key Financial Figures
- $0.0002 — ch registered Common Shares, par value $0.0002 per share JRVR NASDAQ Global Select Mar
- $773,300 — nk N. D'Orazio, Chief Executive Officer $773,300 80.0 % Sarah C. Doran, Chief Financial
- $457,600 — Sarah C. Doran, Chief Financial Officer $457,600 80.0 % Richard J. Schmitzer, President
- $556,063 — ficer, Excess and Surplus Lines segment $556,063 83.0 % Daniel J. Heinlein, President a
- $269,556 — ent and Chief Executive Officer, JRG Re $269,556 71.7 % Michael J. Hoffmann, Chief Unde
- $265,200 — J. Hoffmann, Chief Underwriting Officer $265,200 80.0 % Terence M. McCafferty, Presiden
- $385,325 — , Specialty Admitted Insurance segment* $385,325 88.7 % * Mr. McCafferty left the Compa
Filing Documents
- jrvr-20240228.htm (8-K) — 35KB
- 0001620459-24-000026.txt ( ) — 167KB
- jrvr-20240228.xsd (EX-101.SCH) — 2KB
- jrvr-20240228_lab.xml (EX-101.LAB) — 25KB
- jrvr-20240228_pre.xml (EX-101.PRE) — 13KB
- jrvr-20240228_htm.xml (XML) — 3KB
SIGNATURES
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. JAMES RIVER GROUP HOLDINGS, LTD. Dated: March 4, 2024 By: /s/ Sarah C. Doran Sarah C. Doran Chief Financial Officer