Crawford & Co. Elects New Directors and Officers
Ticker: CRD-B · Form: 8-K · Filed: Jun 26, 2024 · CIK: 25475
Sentiment: neutral
Topics: governance, officer-appointment, director-election
TL;DR
Crawford & Co. board shakeup: new directors and officers appointed, effective June 25.
AI Summary
Crawford & Company announced on June 26, 2024, that its Board of Directors elected new members and appointed new officers, effective June 25, 2024. The filing also covers compensatory arrangements for certain officers and includes financial statements and exhibits.
Why It Matters
Changes in board and officer composition can signal shifts in company strategy or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and does not appear to involve significant financial risks or operational disruptions.
Key Players & Entities
- Crawford & Company (company) — Registrant
- June 26, 2024 (date) — Report Date
- June 25, 2024 (date) — Earliest Event Date
FAQ
What specific changes were made to the Board of Directors and officer appointments?
The filing states that the Board of Directors elected new members and appointed certain officers, effective June 25, 2024, but does not list the specific individuals or their new roles in this excerpt.
What are the key items reported in this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, and includes financial statements and exhibits.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed on June 26, 2024.
What is the principal executive office address for Crawford & Company?
The principal executive offices are located at 5335 Triangle Parkway, Peachtree Corners, Georgia 30092.
What is the SIC code for Crawford & Company?
The Standard Industrial Classification (SIC) code for Crawford & Company is 6411, which corresponds to Insurance Agents, Brokers & Services.
Filing Stats: 1,036 words · 4 min read · ~3 pages · Grade level 10.7 · Accepted 2024-06-26 17:00:48
Key Financial Figures
- $1.00 — ich registered Class A Common Stock — $1.00 Par Value CRD-A New York Stock Exchan
Filing Documents
- tm2418352d1_8k.htm (8-K) — 32KB
- tm2418352d1_ex99-1.htm (EX-99.1) — 9KB
- tm2418352d1_ex99-1img01.jpg (GRAPHIC) — 13KB
- tm2418352d1_ex99-1img02.jpg (GRAPHIC) — 5KB
- 0001104659-24-075210.txt ( ) — 284KB
- crda-20240625.xsd (EX-101.SCH) — 3KB
- crda-20240625_def.xml (EX-101.DEF) — 26KB
- crda-20240625_lab.xml (EX-101.LAB) — 36KB
- crda-20240625_pre.xml (EX-101.PRE) — 25KB
- tm2418352d1_8k_htm.xml (XML) — 5KB
02. Departure of Directors or Certain Officers; Election
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 25, 2024, the Board of Directors ("Board") of Crawford & Company (the "Company") unanimously appointed Joel T. Murphy, age 65, as an independent director of the Company. Mr. Murphy has been the Chief Executive Officer of Murphy Capital and Advisory Group LLC, a consulting and advisory firm which promotes and guides quality growth and capital strategies for private and public companies, from August, 2022 until the present. From January 2020 until August 2022 Mr. Murphy served as President and Chief Executive Officer of Preferred Apartment Communities, Inc. ("PAC") (NYSE:APTS) and he also served on its Board of Directors, serving as Chairman of the Board from June 2021 to June 2022. PAC was a real estate investment trust, which primarily owned and operated multi-family residential communities and grocery-anchored shopping centers. Prior to being CEO of PAC and from October 2014, Mr. Murphy was Co-Founder, President and CEO of New Market Properties, LLC, a wholly owned subsidiary of PAC, which focused on acquiring grocery-anchored shopping centers in quality sunbelt suburban markets. Mr. Murphy has served on the Board of The Orvis Company, a family-owned and operated outdoor retailer, from 2007 to the present where he serves as Chair of the Nominating and Governance Committee. Mr. Murphy is a Phi Beta Kappa graduate of the University of North Carolina at Chapel Hill, where he later served as a member on the Board of Visitors of the University and on the Board of Advisors of the College of Arts & Sciences Entrepreneurship Program. Mr. Murphy is a Law Review and Honors graduate of the University of Georgia School of Law, and he practiced commercial real estate law with the firm of King & Spalding from 1983-1988. Mr. Murphy is a past Trustee of the International Council of Shopping Centers (ICSC), a past me
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . (a) Exhibits. The following exhibit is filed with this Report: Exhibit No. Description 99.1 Press Release dated J une 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) - 2 -
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. CRAWFORD & COMPANY By: /s/ Tami E. Stevenson Name: Tami E. Stevenson Title: SVP, General Counsel and Corporate Secretary Date: June 26, 2024 - 3 -