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CNA Financial Corporation (NYSE:CNA) reported Monday that Susan A. Stone, executive vice president and general counsel, will be leaving the company, with her separation effective no later than July 31, 2025. The announcement was made in a statement based on a recent SEC filing.
According to the filing, Ms. Stone and CNA Financial entered into a General Release and Separation Agreement on July 3, 2025. Under the terms of the agreement, Ms. Stone will receive total payments amounting to $2,250,000, which will be paid in installments as specified in the agreement. She will also receive certain additional health and welfare benefits.
In exchange for these considerations, Ms. Stone has agreed to standard release provisions. These include a commitment not to interfere with any business relationships of CNA Financial for a period of 12 months following her separation. The agreement also includes a requirement for Ms. Stone to cooperate with the company regarding ongoing litigation and other matters, and imposes restrictions on soliciting CNA Financial employees for 12 months after her departure.
The information in this article is based on a statement provided in a recent SEC filing by CNA Financial.
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