Business Context and Reporting Period
This Form 8-K Current Report was filed by Assurant, Inc. on August 11, 2025, regarding an event reported on August 12, 2025. The filing pertains to the appointment of a new senior executive officer.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on executive compensation and appointment details.
Material Changes
The primary material change disclosed is the appointment of Michael P. Campbell as Executive Vice President and Chief Operating Officer, effective September 15, 2025. Mr. Campbell previously served as Executive Vice President and President, Global Housing, since 2019.
Management Commentary and Compensation Details
In connection with the appointment, the following compensatory arrangements were disclosed:
- Base Salary: $620,000 annually (pro-rated from the effective date).
- Performance Bonus: 2025 target opportunity of 100% of the annual base salary (pro-rated).
- Long-Term Incentives: 2026 target opportunity of 300% of the adjusted annual base salary.
- One-Time Equity Award: A top-off award with a grant date value of approximately $750,000, scheduled for October 1, 2025. This consists of 25% in restricted stock units and 75% in performance stock units.
Mr. Campbell will otherwise participate in standard company compensation and benefits programs as described in the 2025 Proxy Statement.
Investor Verification Checklist
- Verify the effective date of the new COO appointment (September 15, 2025).
- Review the specific vesting terms and performance conditions for the $750,000 equity award.
- Confirm the total annualized compensation package relative to prior executive compensation levels.
- Check the 2025 Proxy Statement for details on standard benefit programs applicable to Mr. Campbell.