OLD REPUBLIC INTERNATIONAL CORPORATION (NYSE:ORI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officer; Election of Directors Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 2, 2017, Old Republic International Corporation (the “Registrant” or “Company”) announced that Frank Sodaro, (48) will join the Company as Senior Vice President and Deputy Chief Financial Officer on June 13, 2017. Mr. Sodaro will work closely with and report to Karl Mueller, the Registrant’s Senior Vice President and Chief Financial Officer. During his 22 year career with a publicly held multiple-line insurance organization, Mr. Sodaro gained substantial experience and knowledge in all facets of insurance accounting and finance including servicing as the Chief Financial Officer of that organization until his recent departure.
Mr. Sodaro has no family relationships with other officers or directors of the Registrant and he has had no direct or indirect financial transactions with the Registrant.
A full text of the Registrant’s announcement is included as Exhibit 99.1 hereto.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release dated June 2, 2017.
About OLD REPUBLIC INTERNATIONAL CORPORATION (NYSE:ORI)
Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business. The Company’s General Insurance segment consists of property and liability insurance, and offers coverages to businesses, government and other institutions. The Company’s Title Insurance Group’s business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records, which contain information concerning interests in real property. The Company’s RFIG run-off business consists of its mortgage guaranty and consumer credit indemnity (CCI) operations.
Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business. The Company’s General Insurance segment consists of property and liability insurance, and offers coverages to businesses, government and other institutions. The Company’s Title Insurance Group’s business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records, which contain information concerning interests in real property. The Company’s RFIG run-off business consists of its mortgage guaranty and consumer credit indemnity (CCI) operations.
