Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
In connection with the previously disclosed appointment of Julie A. Baron as the
President and Chief Executive Officer and Nicholas J. Vassallo as the Chief
Financial Officer of Trean Insurance Group, Inc. (the "Company"), on July 20,
2021, the Compensation, Nominating and Corporate Governance Committee (the
"Committee") of the Board of Directors of the Company approved annualized base
salaries for Ms. Baron of $350,000 and Mr. Vassallo of $275,000, respectively,
with such new base salaries to be effective from and after July 1, 2021. No
other changes were made to Ms. Baron's or Mr. Vassallo's compensation
arrangements at this time.
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