United Fire Group, Inc. reports on annual meeting of shareholders
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United Fire Group (UFG) held its 2025 annual shareholders meeting on May 21, where three Class B directors were elected to the company's 11-member board for three-year terms expiring in 2028. The elected directors are: John-Paul Besong (retired CIO executive), Matthew R. Foran (co-founder and president of Stoic Lane), and James W. Noyce (retired insurance and financial services executive). Shareholders also ratified Ernst & Young LLP as the company's independent registered public accounting firm for 2025 and approved the compensation of named executive officers on an advisory basis.
United Fire Group (UFG) ha tenuto la sua assemblea annuale degli azionisti 2025 il 21 maggio, durante la quale sono stati eletti tre direttori di Classe B nel consiglio di amministrazione composto da 11 membri, con mandati di tre anni che scadranno nel 2028. I direttori eletti sono: John-Paul Besong (ex dirigente CIO in pensione), Matthew R. Foran (co-fondatore e presidente di Stoic Lane) e James W. Noyce (ex dirigente nei settori assicurativo e dei servizi finanziari in pensione). Gli azionisti hanno inoltre ratificato Ernst & Young LLP come società di revisione contabile indipendente registrata per il 2025 e hanno approvato, a titolo consultivo, la remunerazione dei dirigenti nominati.
United Fire Group (UFG) celebró su reunión anual de accionistas 2025 el 21 de mayo, donde se eligieron tres directores de Clase B para el consejo de administración de 11 miembros de la compañía, con mandatos de tres años que finalizarán en 2028. Los directores electos son: John-Paul Besong (ejecutivo CIO retirado), Matthew R. Foran (cofundador y presidente de Stoic Lane) y James W. Noyce (ejecutivo retirado de seguros y servicios financieros). Los accionistas también ratificaron a Ernst & Young LLP como la firma independiente de auditoría pública registrada para 2025 y aprobaron la compensación de los oficiales ejecutivos nombrados de forma consultiva.
United Fire Group(UFG)는 5월 21일 2025년 연례 주주총회를 개최하여, 3년 임기의 클래스 B 이사 3명을 11명의 이사진에 선출하였으며 임기는 2028년에 만료됩니다. 선출된 이사는 John-Paul Besong(퇴임 CIO 임원), Matthew R. Foran(Stoic Lane 공동 창립자 겸 사장), James W. Noyce(퇴임 보험 및 금융 서비스 임원)입니다. 주주들은 또한 2025년 회사의 독립 등록 공인회계법인으로 Ernst & Young LLP를 승인하고, 명명된 임원들의 보수를 자문 형태로 승인하였습니다.
United Fire Group (UFG) a tenu son assemblée annuelle des actionnaires 2025 le 21 mai, au cours de laquelle trois administrateurs de classe B ont été élus au conseil d'administration de 11 membres pour un mandat de trois ans expirant en 2028. Les administrateurs élus sont : John-Paul Besong (ancien cadre CIO à la retraite), Matthew R. Foran (cofondateur et président de Stoic Lane) et James W. Noyce (ancien cadre dans les assurances et les services financiers à la retraite). Les actionnaires ont également ratifié Ernst & Young LLP en tant que cabinet comptable public indépendant enregistré pour 2025 et ont approuvé, à titre consultatif, la rémunération des dirigeants nommés.
United Fire Group (UFG) hielt am 21. Mai seine Jahreshauptversammlung 2025 ab, bei der drei Direktoren der Klasse B für jeweils dreijährige Amtszeiten bis 2028 in den 11-köpfigen Vorstand des Unternehmens gewählt wurden. Die gewählten Direktoren sind: John-Paul Besong (pensionierter CIO-Manager), Matthew R. Foran (Mitbegründer und Präsident von Stoic Lane) und James W. Noyce (pensionierter Manager im Versicherungs- und Finanzdienstleistungsbereich). Die Aktionäre bestätigten außerdem Ernst & Young LLP als unabhängige registrierte Wirtschaftsprüfungsgesellschaft für 2025 und genehmigten die Vergütung der benannten Führungskräfte auf beratender Basis.
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Director elections to the board of directors announced
Director elections to the board of directors
CEDAR RAPIDS, Iowa, May 21, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) announced today that its shareholders elected three Class B directors to its 11-member board of directors at the 2025 annual meeting of shareholders held on May 21, 2025.
The following individuals were each elected as Class B directors to serve three-year terms expiring in 2028:
- John-Paul Besong, retired chief information officer executive.
- Matthew R. Foran, co-founder and president of Stoic Lane, Inc.
- James W. Noyce, retired insurance and financial services executive.
In other official business, shareholders:
- Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for 2025.
- Approved, on an advisory basis, the compensation of the company's named executive officers.
About UFG
Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. The company is licensed as a property and casualty insurer in 50 states and the District of Columbia, and is represented by approximately 1,000 independent agencies. AM Best assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com.
Contact:
Investor relations
Email: ir@unitedfiregroup.com
Media inquiries
Email: news@unitedfiregroup.com
FAQ
Who are the new Class B directors elected to UFG's board in 2025?
The three Class B directors elected are John-Paul Besong (retired CIO executive), Matthew R. Foran (co-founder of Stoic Lane), and James W. Noyce (retired insurance executive), each serving three-year terms until 2028.
What was the outcome of UFCS shareholders' vote on Ernst & Young as auditor?
Shareholders ratified the appointment of Ernst & Young LLP as United Fire Group's independent registered public accounting firm for 2025.
How long will the newly elected UFCS board members serve?
The newly elected Class B directors will serve three-year terms that expire in 2028.
What other matters were voted on at the 2025 UFG annual meeting?
Besides director elections and auditor ratification, shareholders approved an advisory vote on the compensation of the company's named executive officers.
United Fire Group Inc
NASDAQ:UFCS
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716.70M
20.86M
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Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
United States
CEDAR RAPIDS