Global Indemnity CEO Brown renews compensation plan
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Global Indemnity CEO Brown renews compensation plan

Shelby Rosenberg
January 23, 2024
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Global Indemnity chief executive Joseph Brown’s compensation will continue at $1mn with a minimum annual bonus opportunity of $2mn, as set forth in a CEO agreement effective January 1, 2024, through December 31, 2028, according to an 8-K filing Tuesday.

The 2024 CEO agreement grants Brown 200,000 stock options to acquire Global Indemnity’s common stock, vested in four equal tranches on the first business day of each quarter in 2024.

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