UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
August 15, 2016
Everest Re Group, Ltd.
(Exact name of registrant as specified in its charter)
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Bermuda
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1-15731
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98-0365432
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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Seon Place – 4th Floor
141 Front Street
PO Box HM 845
Hamilton HM 19, Bermuda
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Not Applicable
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(Address of principal executive offices)
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(Zip Code)
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Registrant's telephone number, including area code 441-295-0006
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.02
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DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS, ELECTION OF DIRECTORS, APPOINTMENT OF PRINCIPAL OFFICERS
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On August 15, 2016, the registrant renewed its Chairmanship Agreement with Joseph V. Taranto as Director and Chairman of the Board. A copy of the Chairmanship Agreement is filed herewith as Exhibit 10.1 and incorporated herein by reference. The material terms of the Chairmanship Agreement are as follows:
Term: January 1, 2017 to December 31, 2019, subject to annual election to the Board by the Company's shareholders.
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Annual
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Compensation:
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1)
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$1,500,000 annual retainer
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2)
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Standard annual director fees, including equity compensation pursuant to the Company's 2003 Non-Employee Director Equity Compensation Plan.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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(c)
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Exhibits
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Exhibit No.
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Description
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10.1
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Chairmanship Agreement with Joseph V. Taranto dated August 15, 2016
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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.
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EVEREST RE GROUP, LTD.
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By:
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/S/ CRAIG HOWIE |
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Craig Howie
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Executive Vice President and
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Chief Financial Officer
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Dated: August 16, 2016
EXHIBIT INDEX
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Exhibit
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Number
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Description of Document
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Page No.
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10.1
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Chairmanship Agreement with Joseph V. Taranto
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Dated August 15, 2016
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5
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