Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 28, 2021, Assurant, Inc. (the "Company") announced that Keith Meier
was appointed Executive Vice President and Chief Operating Officer ("COO") at a
meeting of the Board of Directors of the Company on September 22, 2021,
effective January 1, 2022, succeeding Gene Mergelmeyer. Mr. Mergelmeyer has
notified the Company on September 22, 2021 that he intends to retire in January
2022.
Mr. Meier, 51, most recently served as Executive Vice President of the Company
and President of the International business unit of the Company and as a member
of the Company's Management Committee, since 2016. Previously, Mr. Meier served
as Senior Vice President, Global Strategy and M&A from 2013 to 2016. Mr. Meier
has held various executive positions since joining the Company in 1998.
Mr. Meier will receive the following compensation effective January 1, 2022: (i)
an annualized base salary of $610,000, (ii) a target annual incentive award
opportunity of 100% of his annual base salary under the Company's Short Term
Incentive Plan and (iii) a target long-term incentive award opportunity of 230%
of his annual base salary under the Company's Long Term Equity Incentive Plan,
as amended ("ALTEIP"). Mr. Meier will continue to participate in the
compensation and benefit programs available to executive officers of the
Company, including the Executive 401(K). These plans and programs are further
described in the Company's Proxy Statement filed with the Securities and
Exchange Commission.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Exhibit
99.1 News Release, dated September 28, 2021.
The cover page from this Current Report on Form 8-K, formatted in Inline
104 XBRL.
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