Kingstone Companies Appoints New Chief Accounting Officer
Ticker: KINS · Form: 8-K · Filed: May 3, 2024 · CIK: 33992
Sentiment: neutral
Topics: executive-appointment, cao
TL;DR
Kingstone Companies names Michael Carone as new CAO, effective April 26, 2024.
AI Summary
Kingstone Companies, Inc. announced the appointment of Michael A. Carone as Chief Accounting Officer, effective April 26, 2024. Mr. Carone previously served as the company's Controller and has been with Kingstone since 2017. This appointment follows the departure of the previous CAO.
Why It Matters
The appointment of a Chief Accounting Officer is crucial for financial reporting integrity and regulatory compliance, impacting investor confidence.
Risk Assessment
Risk Level: low — The filing concerns a routine executive appointment and does not involve significant financial changes or strategic shifts.
Key Players & Entities
- Kingstone Companies, Inc. (company) — Registrant
- Michael A. Carone (person) — Appointed Chief Accounting Officer
- April 26, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Accounting Officer for Kingstone Companies, Inc.?
Michael A. Carone has been appointed as the new Chief Accounting Officer for Kingstone Companies, Inc.
When was the appointment of the new Chief Accounting Officer effective?
The appointment was effective April 26, 2024.
What was Michael A. Carone's previous role at Kingstone Companies, Inc.?
Michael A. Carone previously served as the company's Controller.
How long has Michael A. Carone been with Kingstone Companies, Inc.?
Michael A. Carone has been with Kingstone Companies, Inc. since 2017.
What is the principal executive office address for Kingstone Companies, Inc.?
The principal executive office address is 15 Joys Lane, Kingston, New York 12401.
Filing Stats: 519 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-05-03 06:59:59
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share KINS NASDAQ Cap
Filing Documents
- kins8k.htm (8-K) — 22KB
- 0001021771-24-000117.txt ( ) — 155KB
- kins-20240426.xsd (EX-101.SCH) — 4KB
- kins-20240426_lab.xml (EX-101.LAB) — 22KB
- kins-20240426_pre.xml (EX-101.PRE) — 16KB
- kins8k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements or Certain Officers . (b) and (c) Kingstone Companies, Inc. (the "Company") has appointed Victor Brodsky as its new Chief Accounting Officer to replace Michelle Gage in such capacity. Mr. Brodsky's appointment was effective as of May 1, 2024. Ms. Gage's employment was terminated on April 26, 2024. Mr. Brodsky previously served as the Company's Chief Financial Officer from August 2009 through September 2020, its Treasurer from August 2013 through September 2020 and its Chief Accounting Officer from August 2007 to July 2009. He also served in various executive capacities with the Company's wholly-owned subsidiary, Kingstone Insurance Company, over such time. From October 2020 through April 2024, Mr. Brodsky served as a consultant to the Company in connection with the operation of, among other areas, the Company's accounting department.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: 104 Cover Page Interactive Data File (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. Company Name Dated: May 2, 2024 By: /s/ Meryl Golden Meryl Golden President and CEO