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

ME Staff 8-k

8 years ago

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On December 14, 2016, the Compensation and Stock Option Committee
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:


	National Western Life Insurance Company 2017 Executive Officer Bonus Program

Ross R. Moody – Chairman of the Board and Chief Executive Officer

Kitty K. Nelson – President and Chief Operating Officer


	National Western Life Insurance Company 2017 Domestic Marketing Officer Bonus Program

Brian R. Bulakites – Senior Vice President, Chief Marketing
Officer


	National Western Life Insurance Company 2017 International Marketing Officer Bonus Program

Carlos A. Martinez – Senior Vice President, International
Marketing


	National Western Life Insurance Company 2017 Officer Bonus Program

Riad Hasan – Senior Vice President – Chief Information Officer

Charles D. Milos – Senior Vice President, Mortgage Loans and Real
Estate

Rey Perez – Senior Vice President, Chief Legal Officer and
Secretary

Brian M. Pribyl – Senior Vice President, Chief Financial Officer
and Treasurer

David D. Ramsey – Senior Vice President – Chief Actuary

Patricia L. Scheuer – Senior Vice President, Chief Investment
Officer

The bonus programs are in effect for the year ending December 31,
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.

Item 9.01.>>Financial Statements and Exhibits.



(d) Exhibits

Exhibit
Number		Description

10(e)		National Western Life Insurance Company 2017 Executive Officer Bonus Program – Addendum

10(f)		National Western Life Insurance Company 2017 Domestic Marketing Officer Bonus Program

10(g)		National Western Life Insurance Company 2017 International Marketing Officer Bonus Program

10(h)		National Western Life Insurance Company 2017 Officer Bonus Program

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.