Business Context and Reporting Period
This Form 8-K is a current report filed by United Insurance Holdings Corp. (also referenced as American Coastal Insurance Corp in metadata) on July 29, 2009. The report addresses a material change in executive leadership regarding the Chief Financial Officer position.
Key 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 corporate governance and personnel changes.
Material Changes
- Resignation: Nicholas Griffin resigned as Chief Financial Officer, effective June 5, 2009.
- Interim Appointment: On July 29, 2009, the Board of Directors appointed Donald Cronin to serve as Principal Financial Officer on an interim basis.
- Role Scope: Mr. Cronin will serve in this capacity only until a permanent Chief Financial Officer is appointed.
Management Commentary and Background
Donald Cronin, age 55, currently serves as the President and Chief Executive Officer of the Company, a position he has held since October 2008. He has been a director since November 2008 and has served as President of the Company and its wholly-owned subsidiaries since November 2002. Mr. Cronin joined the Company in 2001 as Vice President. The filing confirms that Mr. Cronin has not engaged in any transactions with the Company or its subsidiaries requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the timeline for the appointment of a permanent Chief Financial Officer.
- Confirm the specific reasons for Nicholas Griffin's resignation, as they are not detailed in this filing.
- Review subsequent filings for any changes in financial reporting oversight during the interim period.