UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(c) On June 10, 2024, Mary F. McConnell, 40, was appointed the Company’s Vice President of Underwriting, effective July 1, 2024. Ms. McConnell will replace James D. Berry who previously communicated his intention to retire. Ms. McConnell has held the Director of Product Management position with the Company since 2019 and began her career with the Registrant’s insurance subsidiaries in 2006. Ms. McConnell and the Company executed a one-year employment contract, to be renewed annually on approval from the Board of Directors, at an annual compensation of $240,000 with benefits comparable to other officers of the Company. The foregoing is a summary only and does not purport to be a complete description of all of the terms, provisions, covenants and agreements contained in the employment contract.
There are no family relationships between Ms. McConnell and any director, executive officer or person nominated or chosen by the Company to become a director or executive officer. Additionally, there have been no transactions involving Ms. McConnell that would require disclosure under Item 404(a) of Regulation S-K.
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.
Safety Insurance Group, Inc. | ||
(Registrant) | ||
Date: June 10, 2024 | By: | /s/ CHRISTOPHER T. WHITFORD |
Christopher T. Whitford | ||
V.P., Chief Financial Officer and Secretary | ||