07/09/2026 | Press release | Distributed by Public on 07/09/2026 15:07
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As previously reported on Form 8-K, effective June 22, 2026, Laura Cockrill was appointed as Executive Vice President and Chief Financial Officer of Reinsurance Group of America, Incorporated (the "Company"). Ms. Cockrill previously served as the Company's Chief Strategy Officer.
On July 2, 2026, the Human Capital and Compensation Committee of the Company's Board of Directors (the "Committee") approved adjustments to Ms. Cockrill's compensation. Ms. Cockrill's annual base salary was increased to $650,000, and her Annual Bonus Plan target was increased to 175% of base salary. In addition, Ms. Cockrill's target grant value for long-term incentive ("LTI") awards was increased to 300% of her base salary. Any LTI awards to be granted to Ms. Cockrill will be granted in 2027 in the form, and upon terms and conditions, approved by the Committee at that time.
Ms. Cockrill was awarded a retention bonus of $1,000,000, approved by the Committee, prior to her appointment as Executive Vice President and Chief Financial Officer. The retention bonus will be paid out in three tranches, in accordance with its terms, as follows: $200,000 in April of 2027, $300,000 in April of 2028, and $500,000 in April of 2029.