NATIONAL WESTERN LIFE GROUP, INC. (NYSE:BRK.A) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
of National Western Life Group, Inc. (NWLGI) approved calendar
year 2017 National Western Life Insurance Company (“NWLIC”) bonus
programs which include as participants various named executive
officers of NWLGI. NWLGI is the holding company for NWLIC. These
bonus programs are designed to provide additional compensation
based on NWLIC achieving certain performance and profit criteria
in order to hold executives accountable through their
compensation for the performance of the business. The bonus
programs and executive officer participants are as follows:
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National Western Life Insurance Company 2017 Executive
Officer Bonus Program |
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National Western Life Insurance Company 2017 Domestic
Marketing Officer Bonus Program |
Officer
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National Western Life Insurance Company 2017 International
Marketing Officer Bonus Program |
Marketing
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National Western Life Insurance Company 2017 Officer Bonus
Program |
Estate
Secretary
and Treasurer
Officer
2017. Amounts earned under the Domestic Marketing Officer Bonus
Program and the International Marketing Officer Bonus Program may
be paid as frequently as quarterly during 2017. Otherwise,
amounts earned under the bonus programs will be paid in 2018 when
final results are determined. Copies of the 2017 bonus programs
are attached hereto as Exhibits 10(e), 10(f), 10(g), and 10(h)
and are incorporated by reference herein.
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(d) Exhibits
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Exhibit
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Number
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Description
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10(e)
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National Western Life Insurance Company 2017 Executive
Officer Bonus Program – Addendum |
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10(f)
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National Western Life Insurance Company 2017 Domestic
Marketing Officer Bonus Program |
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10(g)
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National Western Life Insurance Company 2017
International Marketing Officer Bonus Program |
|
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10(h)
|
National Western Life Insurance Company 2017 Officer
Bonus Program |
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About NATIONAL WESTERN LIFE GROUP, INC. (NYSE:BRK.A)
Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in various business activities. The Company conducts insurance businesses on both a primary basis and a reinsurance basis, a freight rail transportation business and a group of utility and energy generation and distribution businesses. Its segments include GEICO, General Re Corporation (General Re), Berkshire Hathaway Reinsurance Group (BHRG), Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, Manufacturing, McLane Company, Service and retailing, and Finance and financial products. Its insurance and reinsurance business activities are conducted through various domestic and foreign-based insurance entities. Its insurance businesses provide insurance and reinsurance of property and casualty risks, and also reinsure life, accident and health risks across the world. NATIONAL WESTERN LIFE GROUP, INC. (NYSE:BRK.A) Recent Trading Information
NATIONAL WESTERN LIFE GROUP, INC. (NYSE:BRK.A) closed its last trading session up +1,925.00 at 248,330.00 with 155 shares trading hands.
