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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 23, 2024

 

STEWART INFORMATION SERVICES CORPORATION

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

DELAWARE   001-02658   74-1677330
(STATE OR OTHER
JURISDICTION)
  (COMMISSION FILE NO.)   (I.R.S. EMPLOYER
IDENTIFICATION NO.)

 

1360 Post Oak Blvd, Suite 100, Houston, Texas 77056

(Address Of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (713) 625-8100

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $1 par value STC New York Stock Exchange (NYSE)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

  

 

 

 

 

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 23, 2024, Tara Smith, Group President – Agency Services of Stewart Information Services Corporation (the “Company”), informed the Company of her decision to resign from her position with the Company.

 

Consistent with our management succession plans, the Company appointed Iain Bryant‎ to serve as Group President – Agency Services of the Company, effective June 3, 2024. Mr. Bryant is being promoted from the role of Central States District Manager‎ in the Agency Services division of the Company.

 

Item 8.01. Other Events.

 

On May 30, 2024, the Company issued a press release announcing Mr. Bryant’s appointment. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information in this Item 8.01 and Exhibit 99.1 attached hereto are not deemed to be “filed” for the 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, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d) EXHIBITS

 

Exhibit No.   Description
99.1   Press release of Stewart Information Services Corporation dated May 30, 2024, announcing appointment of Iain Bryant
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

STEWART INFORMATION SERVICES CORPORATION

(Registrant)

   
  By: /s/ Elizabeth K. Giddens
 

Elizabeth K. Giddens,

Chief Legal Officer and Corporate Secretary

 

Date: May 30, 2024

 

 

 

 

 

Exhibit 99.1 

 

 

 

NEWS RELEASE

 

STEWART INFORMATION SERVICES CORP.

P.O. Box 2029

Houston, Texas 77252-2029

CONTACT

John Chattaway, Stewart Media Relations

(713) 625-8180; mediarelations@stewart.com

 

Stewart Announces Promotion of Iain Bryant to Group President – Agency Services

 

HOUSTON (May 30, 2024) – Stewart Information Services Corporation (NYSE: STC) today announced the promotion of Iain Bryant to Group President – Agency Services.

 

Of the promotion, Fred Eppinger, CEO, said, “I am excited to have Iain as a member of our Executive Leadership Team. Over the last several years, he has been a critical part of the Agency Leadership team and has had an integral role in establishing and executing our Agency strategic plans. Iain is a proven leader with a strong customer focus and will continue to deliver valuable support to our independent Agent customers.”

 

Bryant joined Stewart in 2021 through the A.S.K. Services acquisition where he was Principal and Co-Owner. Since 2022, he has served as the Central States Agency District Manager overseeing the products and services provided to Stewart’s independent Agent partners in 17 states.

 

Bryant is succeeding Tara Smith, former Group President – Agency Services. “Tara has accepted a position outside of Stewart. Under her leadership we've built the foundation for Agents’ ease-of-use, expanded our title production capabilities, and improved our Agency commercial support infrastructure," said Eppinger. "Our product offerings are fundamentally stronger now and our Agency Services team is well positioned to act as a strategic partner for our customers. I am thankful for Tara’s many contributions to Stewart.”

 

Bryant is a past board member of the Michigan Land Title Association. He holds a Bachelor of Arts degree from Cedarville University and has completed executive education courses at both the University of Michigan and Harvard University.

 

About Stewart

 

Stewart (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage and real estate industries, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. At Stewart, we are dedicated to becoming the premier title services company and we are committed to doing so by partnering with our customers to create mutual success. Learn more at stewart.com.

 

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