Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 29, 2023, the Board of Directors (the “Board”) of Reinsurance Group of America, Incorporated (the “Company”) appointed Michele Bang to the Board, effective as of October 1, 2023, for a term of office ending at the 2024 annual meeting of shareholders, or until her successor is duly elected and qualified. The addition of Ms. Bang increases the size of the Board to twelve directors.
Ms. Bang, 59, is the former Deputy Chief Executive Officer of Eastspring Investments Group, the Asia asset management arm of Prudential Corporation Asia. During her time with Prudential, she concurrently served as a founding executive team member of Prudential’s first health and wealth consumer app in Asia, and the chair of Prudential Corporation Asia’s Diversity & Inclusion committee. Prior to her role with Prudential, Ms. Bang held senior leadership roles and board seats in Asia for Deutsche Asset Management (DeAM), a subsidiary of Deutsche Bank.
The Company is not aware of any transactions, proposed transactions, or series of either to which the Company or any of its subsidiaries was or is to be a participant since January 1, 2022, in which the amount involved exceeds $120,000 and in which Ms. Bang had, or will have, a direct or indirect material interest.
There are no arrangements or understandings between Ms. Bang and any other person pursuant to which she was appointed as a director. Ms. Bang will participate in the non-employee director compensation arrangements established by the Company for non-employee directors, as described under “Board of Directors – Director Compensation” in the Company’s proxy statement dated April 13, 2023 for its 2023 annual meeting of shareholders. Ms. Bang has not yet been named to any committees of the Board.
Item 7.01 | Regulation FD Disclosure. |
The Company issued a press release (the “Press Release”) announcing the appointment of Ms. Bang to the Board, a copy of which is furnished with this report as Exhibit 99.1. The information set forth in this Item 7.01, including the Press Release, is being furnished and shall not be deemed to be “filed”, as described in Instruction B.2 of Form 8-K.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.