Everest Group re-elects board, approves stock plan

Published 16/05/2025, 21:30
Everest Group re-elects board, approves stock plan

Everest Group, Ltd. (NYSE:EG), a Bermuda-based reinsurance company, announced the results of its Annual General Meeting (AGM) held on May 14, 2025. Shareholders voted on several key proposals, including the election of directors, the appointment of an independent registered public accounting firm, executive compensation, a new employee stock purchase plan, and amendments to the company’s bye-laws.

At the AGM, shareholders re-elected nine directors to serve a one-year term expiring at the 2026 AGM. The directors include John J. Amore, William F. Galtney, Jr., John A. Graf, Meryl Hartzband, John Howard, Gerri Losquadro, Hazel McNeilage, Roger M. Singer, and James Williamson. In addition, KPMG was appointed as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

The 2024 compensation paid to the company’s Named Executive Officers received approval through a non-binding advisory vote. Shareholders also approved the Everest Group, Ltd. 2025 Employee Stock Purchase Plan and voted in favor of amendments to the company’s bye-laws.

A total of 43,763,586 shares were represented at the AGM in person or by proxy. The detailed voting results for each proposal were disclosed, including the number of votes for, against, abstained, and non-votes for each director nominee and other matters.

Everest Group, Ltd. specializes in fire, marine, and casualty insurance. The company’s common shares are traded on the New York Stock Exchange under the ticker symbol EG. The information provided in this article is based on a press release statement from the company.

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