Business Context and Reporting Period
This Form 8-K Current Report was filed by Assurant, Inc. on February 2, 2012, covering events occurring on February 1, 2012. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the departure of John A.C. Swainson from the Board of Directors. Mr. Swainson, a director since 2010 and Chair of the Nominating and Corporate Governance Committee, accepted a position as President, Software Group of Dell, Inc., effective March 2012. Consequently, he will not stand for reelection at the Company's annual meeting on May 10, 2012.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The only commentary provided is the Company's expression of gratitude for Mr. Swainson's service.
Key Facts for Investor Verification
- John A.C. Swainson is departing the Board of Directors to join Dell, Inc.
- Mr. Swainson's departure is effective March 2012.
- Mr. Swainson will not seek reelection at the annual meeting scheduled for May 10, 2012.
- The filing does not disclose a replacement director or a timeline for the Board's search process.