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CNA Financial (CNA) has shared an update.
Dino E. Robusto has been appointed as Executive Chairman with a one-year term and a $6 million salary, plus up to $2 million performance-based bonus. His agreement includes standard benefits, equity vesting, and hefty severance provisions alongside restrictive covenants post-termination. Simultaneously, Douglas M. Worman will become President and CEO with a four-year term, earning a $1.1 million salary and up to $6 million in bonuses, alongside long-term equity incentives. His contract also features standard benefits, severance packages, and post-termination restrictive covenants. Both agreements underscore the company’s commitment to competitive compensation and the securing of its leadership’s performance and loyalty.
See more data about CNA stock on TipRanks’ Stock Analysis page.