STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) 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(d)

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
In accordance with the recommendation of the Nominating and
Governance Committee of the Board of Directors of State Auto
Financial Corporation (“STFC”), on June 26, 2017, Setareh
Pouraghabagher was elected as a director of STFC, effective June
27, 2017, to fill an existing vacancy on STFC’s Board of
Directors.
There was no arrangement or understanding between Ms.
Pouraghabagher and any other person to which Ms. Pouraghabagher was
elected as a director.
Ms. Pouraghabagher has not been appointed to any Board committees
as of the date of the filing of this Form 8-K.
Ms. Pouraghabagher is currently a member of the faculty and
executive partner at California Polytechnic State University’s
Orfalea College of Business. Since commencing her tenure in 2015,
she has received the College of Business Distinguished Faculty of
the Year Award, the Outstanding Accounting Faculty Award, the Ernst
Young Outstanding Educator Award, and the Deloitte Outstanding
Educator Award. She most recently served as chief administrative
officer of QBE Insurance for North America, and prior to that as
chief operations officer and chief financial officer with Balboa
Insurance under Bank of America and Countrywide ownership.
Pouraghabagher has also served as vice president, finance and
administration with Xavor Corporation, and chief financial officer
of Wellspring Solutions. Pouraghabagher started her career at
Deloitte as a public accountant, and has held her Certified Public
Accountant license since 1997. Ms. Pouraghabagher is 46 years old.
A copy of the press release is attached hereto as Exhibit 99.1 to
this Current Report on Form 8-K and incorporated in this Item 5.02
by reference.
Section 9.
Financial Statements and Exhibits
Item 9.01.
Financial Statements and Exhibits
(d)
Exhibits.

Exhibit No.

Description of Exhibit
99.1
Press release issued by State Auto Financial Corporation
on June 27, 2017.



State Auto Financial CORP Exhibit
EX-99.01 2 pressrelease-sisi.htm PRESS RELEASE Exhibit EXHIBIT 99.1State Auto Financial Elects New Board MemberCOLUMBUS,…
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About STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC)

State Auto Financial Corporation (State Auto Financial) is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include personal insurance, business insurance, specialty insurance and investment operations. Its personal insurance, business insurance and specialty insurance are known as insurance segments of the Company. It writes standard insurance covering personal exposures to individuals in the personal insurance segment. The Company writes insurance covering small-to-medium sized commercial exposures in the business insurance segment. The specialty insurance segment offers commercial coverages requiring product underwriting, claims handling and/or risk management services through a distribution channel of retail agents and wholesale brokers, which include program administrators and other sources. Its investment portfolio is managed by its subsidiary, Stateco Financial Services, Inc.