Slide Insurance Holdings announces CFO transition and executive appointments

Published 06/11/2025, 22:54
Slide Insurance Holdings announces CFO transition and executive appointments

Slide Insurance Holdings, Inc. (NASDAQ:SLDE) announced Wednesday a series of executive changes, including the upcoming departure of its Chief Financial Officer and new appointments to key leadership roles, according to a press release statement based on a recent SEC filing.

Jesse Schalk, the company’s current CFO, will step down from his position effective November 28, 2025. Following his departure, Schalk will continue to serve as a consultant to the company through March 2, 2026, to support the transition. The company stated that Schalk’s departure is not related to any disagreement regarding the company’s financial statements, internal controls, operations, policies, or practices. Slide Insurance Holdings expects to finalize a separation agreement with Schalk, with material terms to be disclosed once approved.

The Board of Directors has appointed Anastasios (Andy) Omiridis as the new CFO, effective December 1, 2025. Omiridis, age 58, joins Slide Insurance Holdings with more than 20 years of finance and leadership experience. He most recently served as Executive Vice President and CFO of Amerisafe, Inc. since September 2022. His prior roles include senior finance positions at Kemper Corporation, Chubb Life, ARGO Limited, and American Life Insurance Company.

Omiridis has entered into an employment agreement with Slide Insurance Holdings for a term through December 31, 2027, subject to automatic renewal. The agreement includes an annual base salary of $650,000, a $350,000 sign-on bonus (subject to repayment under certain conditions), an annual cash incentive bonus targeted at 100% of base salary starting in 2026, and performance-based restricted stock units with a target grant date fair value of $1.5 million. The restricted stock units will vest in installments through December 2027, contingent on continued employment and performance goals. Omiridis is also eligible for standard benefits and severance provisions in the event of certain terminations following a change of control.

Additionally, Slide Insurance Holdings announced that Shannon Lucas will step down as Chief Risk Officer and assume the roles of President and Chief Operating Officer. Matt Larson has been appointed as the new Chief Risk Officer.

These changes were disclosed in a filing with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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