Everest Group, Ltd. (EG, Financial) has announced the election of Darryl Page to its Board of Directors, effective May 15, 2025. This strategic appointment is expected to bolster the company's leadership as it continues to navigate the complexities of the financial landscape.
Mr. Page will receive an annual retainer of $125,000, which will be pro-rated based on the date of his election. Additionally, he will be granted restricted shares with a fair market value of $325,000. This compensation is in line with the 2003 Non-Employee Director Compensation Plan and will take effect upon formal approval by the Board in September.
The addition of Mr. Page to the Board is a significant move for Everest Group (EG, Financial), as it seeks to leverage his expertise and insights to drive future growth and success. Investors and stakeholders will be keen to see how this new leadership dynamic will influence the company's strategic direction.
Should you invest in Everest Group Ltd (EG, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth Everest Group Ltd (EG) stock research here.
