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AI brief of an SEC Form 8-K · Everest (EG)

Everest Group CFO Mark Kociancic to retire; Elias Habayeb named successor May 1, 2026

Neutral Impact 4 of 5 leadership Written later

Everest Group announced that CFO Mark Kociancic will retire, with his employment ending July 31, 2026, after serving as an advisor from May 1, 2026. Elias Habayeb is set to become Executive Vice President and Chief Financial Officer on or about May 1, 2026, so the company plans a handover of the finance chief role.

Key points

  • Elias Habayeb to become EVP and CFO effective on or about May 1, 2026
  • Kociancic remains through the first quarter 2026 reporting cycle, then serves as special advisor until July 31, 2026
  • Transition Agreement dated November 25, 2025 includes $3.9 million target bonus and equity eligibility for 2025 service and $3.8 million separation compensation
  • Non-competition period runs through December 31, 2026

The filing

CompanyEverest (EG)
Form8-K, current report
Filed with the SECDec 2, 2025, 4:21 PM ET
Accession number0001095073-25-000091

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 02, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.