Crawford names Swain interim president, CEO as Verma steps down
- September 22, 2024
- Posted by: Web workers
- Category: Finance
Crawford announced Friday it has appointed W. Bruce Swain as interim president and CEO, effective Jan. 1, 2026, following Rohit Verma’s decision to step down at the end of the year to pursue a new opportunity.
In an 8-K filing, Crawford said Mr. Verma’s decision to resign “is not due to any disagreement with the company.” Mr. Verma was appointed CEO of the Atlanta-based claims management firm in 2020.
Mr. Swain, who will also become a director of the company, has been executive vice president and chief financial officer since 2006. He joined Crawford in 1991.
Mr. Swain will get an annual base salary of $805,000, with a target annual bonus equal to 100% of base pay and a target long-term incentive award of $750,000 for 2026.
Holly Boudreau will succeed Mr. Swain as CFO starting Jan. 1. Ms. Boudreau is currently senior vice president of tax, treasury and finance transformation.
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