Ex-Global Indemnity CEO Charlton to receive $750,000 severance package
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Ex-Global Indemnity CEO Charlton to receive $750,000 severance package

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Former Global Indemnity CEO David Charlton is set to collect a $750,000 severance package following his departure from the company, according to a recent 8-K filing.

Under the terms of the separation agreement, the amount will be paid in three installments of $250,000. The Pennsylvania-based insurer said Charlton received the first $250,000 payment within 10 days of his effective resignation date.

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