UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
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of the Securities Exchange Act of 1934
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) On May 1, 2020, Chubb Limited (“Company” or “Chubb”) announced that Paul B. Medini, Chief Accounting Officer and principal accounting officer of the Company, intends to retire. Mr. Medini will step down from the roles of Chief Accounting Officer and principal accounting officer effective May 1, 2020, but will remain with the Company until August 2020 to assist with transition and related matters. Mr. Medini has served as Chief Accounting Officer of Chubb since October 2003.
(c) The Company announced it has appointed Annmarie Hagan as Vice President, Chubb Group and Chief Accounting Officer effective May 1, 2020. In this role, she will serve as the Company’s principal accounting officer.
Ms. Hagan, age 59, has more than 35 years in insurance, accounting and financial management. She has served as Global Controller of Chubb since 2016. She joined the Company’s Combined Insurance business in 2014 as Senior Vice President in operations and finance. Earlier in her career, from 1999 to 2001, she also served as a Vice President in finance with Chubb. Prior to rejoining the Company in 2014, Ms. Hagan served in executive leadership positions, including Chief Financial Officer for Cigna Corp. and Chief Operating Officer and President of the Specialty Businesses at WellPoint Inc., a health insurance provider (now Anthem). Ms. Hagan holds a Bachelor of Science degree in Accounting and Finance from Drexel University.
Item 7.01 | Regulation FD Disclosure |
On May 1, 2020, the Company issued a press release announcing the appointment of Ms. Hagan as Chief Accounting Officer and retirement of Mr. Medini. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference.
The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
Item 9.01. | Financial Statements and Exhibits |
(d) | Exhibits |
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99.1 |
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104 |
Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) |
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.
Chubb Limited | ||||||
By: |
/s/ Philip V. Bancroft | |||||
Philip V. Bancroft | ||||||
Executive Vice President and Chief Financial Officer |
DATE: May 1, 2020