RGA Names New CFO, Simone Transitions to Advisory Role
Ticker: RZC · Form: 8-K · Filed: Oct 24, 2024 · CIK: 898174
| Field | Detail |
|---|---|
| Company | Reinsurance Group Of America Inc (RZC) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-appointment, succession-planning
TL;DR
RGA appoints new CFO Timothy Heekin, replacing A. Michael Simone who moves to advisory role before retirement.
AI Summary
On October 23, 2024, Reinsurance Group of America, Inc. (RGA) announced the appointment of Timothy J. Heekin as Senior Vice President, Chief Financial Officer, and Treasurer, effective November 4, 2024. Heekin will succeed A. Michael Simone, who will transition to a senior advisory role until his retirement on March 31, 2025. Heekin previously served as Executive Vice President and Chief Financial Officer of Global Atlantic Financial Group.
Why It Matters
This executive leadership change in a key financial role at RGA could impact investor confidence and the company's financial strategy moving forward.
Risk Assessment
Risk Level: low — The filing details a planned executive transition with a clear succession plan and a defined timeline, indicating a low level of immediate risk.
Key Players & Entities
- Reinsurance Group of America, Inc. (company) — Registrant
- Timothy J. Heekin (person) — Appointed Senior Vice President, Chief Financial Officer, and Treasurer
- November 4, 2024 (date) — Effective date of Timothy J. Heekin's appointment
- A. Michael Simone (person) — Outgoing Senior Vice President, Chief Financial Officer, and Treasurer
- March 31, 2025 (date) — Retirement date of A. Michael Simone
- Global Atlantic Financial Group (company) — Previous employer of Timothy J. Heekin
FAQ
What is the effective date of Timothy J. Heekin's appointment as CFO?
Timothy J. Heekin's appointment as Senior Vice President, Chief Financial Officer, and Treasurer is effective November 4, 2024.
What will be A. Michael Simone's role after stepping down as CFO?
A. Michael Simone will transition to a senior advisory role until his retirement on March 31, 2025.
What was Timothy J. Heekin's previous position?
Timothy J. Heekin previously served as Executive Vice President and Chief Financial Officer of Global Atlantic Financial Group.
When is A. Michael Simone's planned retirement date?
A. Michael Simone is scheduled to retire on March 31, 2025.
What is the name of the company filing this report?
The company filing this report is Reinsurance Group of America, Incorporated.
Filing Stats: 584 words · 2 min read · ~2 pages · Grade level 13.2 · Accepted 2024-10-24 08:00:31
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 RGA New York Stock Exchange 5.75%
Filing Documents
- d843027d8k.htm (8-K) — 28KB
- d843027dex101.htm (EX-10.1) — 35KB
- 0001193125-24-242302.txt ( ) — 229KB
- rga-20241023.xsd (EX-101.SCH) — 4KB
- rga-20241023_def.xml (EX-101.DEF) — 13KB
- rga-20241023_lab.xml (EX-101.LAB) — 22KB
- rga-20241023_pre.xml (EX-101.PRE) — 14KB
- d843027d8k_htm.xml (XML) — 7KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following documents are filed as exhibits to this report: 10.1 Annual Bonus Plan. EX-104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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. REINSURANCE GROUP OF AMERICA, INCORPORATED Date: October 23, 2024 By: /s/ Axel Andr Axel Andr Executive Vice President and Chief Financial Officer