Old Republic Names New CFO, Smith Transitions

Ticker: ORI · Form: 8-K · Filed: Mar 8, 2024 · CIK: 74260

Sentiment: neutral

Topics: executive-transition, cfo, management-change

TL;DR

Old Republic gets a new CFO, Bill Johnson, as Joe Smith moves to advisory before retiring.

AI Summary

Old Republic International Corporation announced on March 6, 2024, the appointment of R. William L. "Bill" Johnson as Executive Vice President and Chief Financial Officer, effective March 11, 2024. Johnson will succeed Joseph C. L. "Joe" Smith, who will transition to a senior advisory role until his retirement on March 31, 2025. Johnson's prior role was Executive Vice President and Chief Financial Officer of The Hanover Insurance Group.

Why It Matters

This executive transition signals a change in financial leadership for Old Republic International, which could impact strategic financial decisions and investor relations.

Risk Assessment

Risk Level: low — The filing details a planned executive transition with a clear succession plan and no immediate financial distress indicated.

Key Players & Entities

FAQ

When does R. William L. Johnson officially become CFO?

R. William L. Johnson's appointment as Executive Vice President and Chief Financial Officer is effective March 11, 2024.

What is Joseph C. L. Smith's new role?

Joseph C. L. Smith will transition to a senior advisory role.

When will Joseph C. L. Smith retire?

Joseph C. L. Smith is scheduled to retire on March 31, 2025.

What was R. William L. Johnson's previous position?

R. William L. Johnson previously served as Executive Vice President and Chief Financial Officer of The Hanover Insurance Group.

What is the exact date of the report?

The date of the report is March 6, 2024.

Filing Stats: 1,234 words · 5 min read · ~4 pages · Grade level 13.6 · Accepted 2024-03-08 11:52:54

Key Financial Figures

Filing Documents

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Form of Restricted Stock Unit Award Agreement for Old Republic 2022 Stock Incentive Plan 10.2 Form of Performance-Based Stock Unit Award Agreement for Old Republic 2022 Stock Incentive Plan 10.3 Form of Stock Option Award Agreement for Old Republic 2022 Stock Incentive Plan 104 Cover page Interactive Data file (embedded within 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 thereunto duly authorized. OLD REPUBLIC INTERNATIONAL CORPORATION Registrant Date: March 8, 2024 By: /s/ Thomas A. Dare Thomas A. Dare Senior Vice President, Secretary and General Counsel

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