Crawford & Company Sets $475,000 Salary and New Incentives for US Operations CEO

Reuters01-16

Crawford & Company Sets $475,000 Salary and New Incentives for US Operations CEO

Crawford & Company has announced a new Executive Employment Agreement for Michael J. Hoberman following his promotion to CEO - US Operations, effective January 1, 2026. Under the new agreement, Hoberman will receive an annual base salary of $475,000. He is also eligible for an annual bonus under the Short Term Incentive Plan, with a target payout of 57.5% of his base salary for 2026. Additionally, he will receive Long Term Incentive Plan awards at a target value of $550,000 for 2026 and a Sales Incentive Payment equal to 0.5% of quarterly billed US service fees for the first 24 months of each sale.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crawford & Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-004113), on January 15, 2026, and is solely responsible for the information contained therein.

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