Bermuda | 001-32141 | 98-0429991 | ||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers | |||
(d) | On August 4, 2015, the Board of Directors of Assured Guaranty Ltd. (AGL) appointed Thomas W. Jones and Alan J. Kreczko directors of AGL, each to hold office until the next annual general meeting of shareholders of AGL. Mr. Jones and Mr. Kreczko were each appointed to both the Audit Committee and the Finance Committee of the Board of Directors. | |||
Messrs. Jones and Kreczko will receive the full annual director retainer for the term ending at the next annual general meeting of shareholders of AGL, consisting of cash and stock (valued based on the closing price of AGL common shares on the New York Stock Exchange on August 4, 2015), consistent with the compensation of AGL’s independent directors for such term, as described in the “Director Compensation Summary” filed as Exhibit 10.1 to AGL’s Quarterly Report on Form 10-Q for the Quarterly Period Ended March 31, 2015. | ||||
A copy of the press release announcing the appointments of Messrs. Jones and Kreczko is attached as Exhibit 99.1 hereto and incorporated by reference herein. | ||||
Item 9.01 | Financial Statements, Pro Forma Financial Information and Exhibits | |||
(c) | Exhibits | |||
Exhibit Number | Description | |||
99.1 | Press Release of Assured Guaranty Ltd., dated August 4, 2015 | |||
Exhibit Number | Description | |
99.1 | Press Release of Assured Guaranty Ltd., dated August 4, 2015 | |