Business Context and Reporting Period
This Form 8-K was filed by W. R. Berkley Corporation on November 4, 2009, reporting events occurring on November 3, 2009. The filing addresses corporate governance changes rather than financial performance.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding personnel appointments and does not contain financial statements or operational metrics.
Material Changes
The material change reported is the appointment of W. Robert Berkley, Jr., age 37, as President and Chief Operating Officer of the Company, effective immediately on November 3, 2009. This appointment was made by the Board of Directors.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. It references a press release (Exhibit 99.1) and a prior proxy statement (Schedule 14A dated April 17, 2009) for additional background on the appointed officer.
Investor Verification Checklist
- Verify the effective date of W. Robert Berkley, Jr.'s appointment as President and COO.
- Review the attached press release (Exhibit 99.1) for details on the new executive's responsibilities.
- Consult the Schedule 14A proxy statement dated April 17, 2009, for historical information on the appointed officer.