Everest Group pays former general counsel $7.25 million under separation agreement
Everest Group signed a separation and transition services agreement dated March 13, 2026 with former General Counsel Ricardo Anzaldua. The company agreed to pay $7.25 million for accrued payments and other compensation and benefits, and Mr. Anzaldua forfeited previously granted equity awards in exchange for a full release of claims. The filing is a notable governance item for shareholders because it details the terms of a senior officer's exit, though it does not describe a change to financial results.
Key points
- Agreement dated March 13, 2026 with former Executive Vice President and General Counsel Ricardo Anzaldua
- Company agreed to pay $7.25 million in accrued payments and other compensation and benefits
- Mr. Anzaldua forfeited previously granted equity awards and will provide advisory services for up to nine months
- Non-compete waived upon end of advisory services; employee non-solicit extended six months after employment ends
The filing
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 March 16, 2026.
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.