Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On August 27, 2020, the Board of Directors of American Financial Group, Inc.
(the "Company") elected Brian S. Hertzman as the Company's Senior Vice President
and Chief Financial Officer. Mr. Hertzman, age 49, had served as the Company's
Vice President since 2014 and Controller since 2012, and from June 23, 2020, as
the Company's interim principal financial officer and principal accounting
officer.
In connection with his promotion to Senior Vice President and Chief Financial
Officer, Mr. Hertzman's compensation will include a base salary of $420,000 and
a prorated target incentive bonus for 2020 of $300,000. Mr. Hertzman will also
be eligible to receive benefits and perquisites consistent with those provided
to other senior executive officers of the Company.
Neither Mr. Hertzman nor any member of his immediate family is party to any
related party transactions for which disclosure would be required pursuant to
Item 404(a) of Regulation S-K. There is no family relationship between Mr.
Hertzman and any of the Company's directors or executive officers and no
arrangements or understandings with other persons pursuant to which Mr. Hertzman
was selected as an officer.
Item 7.01 Regulation FD Disclosure.
On August 31, 2020, the Company issued a press release announcing the election
set forth in Item 5.02 above. A copy of the press release is attached as
Exhibit 99.1.
The information set forth in this Item 7.01, including Exhibit 99.1, is being
furnished and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise
subject to the liabilities of that section. The information set forth in this
Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference
into any other filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as shall be expressly set forth by specific reference in
such a filing
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated August 31, 2020.
104 Cover page Interactive Date File (embedded within Inline XBRL document).
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