Axis Capital Holdings Sets New Compensation Package for Incoming Chief Accounting Officer
AXIS Capital Holdings Limited has announced the appointment of A. Tom Bolovinos as Chief Accounting Officer, effective December 2, 2025. Under the terms of his offer letter, Mr. Bolovinos will receive an annual base salary of $380,000 and will be eligible for a non-equity incentive plan with a target bonus of 65% of his base salary. He will also receive a $360,000 cash award payable within his first month of employment, subject to forfeiture if he leaves the company or is terminated for cause within his first year. Additionally, Mr. Bolovinos will receive a sign-on equity award of restricted stock units valued at $230,000, vesting over three years, and will be eligible for an annual equity award valued at $290,000 under the company's long-term equity compensation plan.
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