Kinsale Capital Group Appoints New CFO
Ticker: KNSL · Form: 8-K · Filed: Oct 3, 2024 · CIK: 1669162
| Field | Detail |
|---|---|
| Company | Kinsale Capital Group, Inc. (KNSL) |
| Form Type | 8-K |
| Filed Date | Oct 3, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo-change, personnel
TL;DR
Kinsale Capital Group (KNCL) names new CFO, Michael McMillen, effective Oct 7th.
AI Summary
Kinsale Capital Group, Inc. announced on October 1, 2024, the appointment of Michael P. McMillen as Chief Financial Officer, effective October 7, 2024. McMillen will succeed Gregory L. Powers, who will transition to the role of Executive Vice President of Finance. McMillen previously served as Senior Vice President and Chief Financial Officer at Arch Capital Group (U.S.) Inc.
Why It Matters
A change in Chief Financial Officer can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key executive positions, especially the CFO, can introduce uncertainty regarding future financial strategies and performance.
Key Players & Entities
- Kinsale Capital Group, Inc. (company) — Registrant
- Michael P. McMillen (person) — Appointed Chief Financial Officer
- October 1, 2024 (date) — Announcement Date
- October 7, 2024 (date) — Effective Date of New CFO
- Gregory L. Powers (person) — Outgoing CFO, transitioning to EVP of Finance
- Arch Capital Group (U.S.) Inc. (company) — Previous Employer of New CFO
FAQ
Who is the new Chief Financial Officer of Kinsale Capital Group, Inc.?
Michael P. McMillen has been appointed as the new Chief Financial Officer of Kinsale Capital Group, Inc.
When does the new CFO appointment become effective?
The appointment of Michael P. McMillen as CFO is effective October 7, 2024.
What is the role of Gregory L. Powers after this change?
Gregory L. Powers will transition from his role as CFO to become the Executive Vice President of Finance.
Where did the new CFO, Michael P. McMillen, previously work?
Michael P. McMillen previously served as Senior Vice President and Chief Financial Officer at Arch Capital Group (U.S.) Inc.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 1, 2024.
Filing Stats: 638 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-10-03 16:06:59
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share KNSL New York Stock Exchange
Filing Documents
- knsl-20241001.htm (8-K) — 25KB
- knsl-directorannouncementp.htm (EX-99.1) — 5KB
- 0001669162-24-000037.txt ( ) — 159KB
- knsl-20241001.xsd (EX-101.SCH) — 2KB
- knsl-20241001_lab.xml (EX-101.LAB) — 23KB
- knsl-20241001_pre.xml (EX-101.PRE) — 13KB
- knsl-20241001_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated October 3, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
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. Kinsale Capital Group, Inc. Dated: October 3, 2024 By: /s/ Bryan P. Petrucelli Bryan P. Petrucelli Executive Vice President, Chief Financial Officer and Treasurer