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4-Traders Homepage  >  Equities  >  Nasdaq  >  State Auto Financial Corp    STFC

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STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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05/23/2017 | 02:11pm CEST

STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02(b)

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
On May 17, 2017, Jessica E. Clark submitted her resignation as
Senior Vice President, Director of Commercial and Specialty Lines
of State Auto Financial Corporation (the Company). Her
resignation is effective May 26, 2017. A copy of the press
release announcing Ms. Clarks resignation is attached as Exhibit
99.1 to this Current Report on Form 8-K and incorporated herein
by reference.
Section 9.
Financial Statements and Exhibits
Item 9.01.
Financial Statements and Exhibits
(d)
Exhibits.
Exhibit No.
Description of Exhibit
99.1
Press release issued by State Auto Financial
Corporation
on May 23, 2017.

About STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC)
State Auto Financial Corporation (State Auto Financial) is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include personal insurance, business insurance, specialty insurance and investment operations. Its personal insurance, business insurance and specialty insurance are known as insurance segments of the Company. It writes standard insurance covering personal exposures to individuals in the personal insurance segment. The Company writes insurance covering small-to-medium sized commercial exposures in the business insurance segment. The specialty insurance segment offers commercial coverages requiring product underwriting, claims handling and/or risk management services through a distribution channel of retail agents and wholesale brokers, which include program administrators and other sources. Its investment portfolio is managed by its subsidiary, Stateco Financial Services, Inc. STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) Recent Trading Information
STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) closed its last trading session up +0.07 at 24.76 with 28,162 shares trading hands.

The post STATE AUTO FINANCIAL CORPORATION (NASDAQ:STFC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers appeared first on Market Exclusive.

© Market Exclusive 2017, source Market Exclusive

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Financials ($)
Sales 2017 1 364 M
EBIT 2017 -
Net income 2017 28,3 M
Debt 2017 -
Yield 2017 1,61%
P/E ratio 2017 45,85
P/E ratio 2018 18,68
Capi. / Sales 2017 0,77x
Capi. / Sales 2018 0,78x
Capitalization 1 046 M
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Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 27,0 $
Spread / Average Target 8,4%
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Managers
NameTitle
Michael E. LaRocco Chairman, President & Chief Executive Officer
Steven Eugene English Chief Financial Officer & Senior Vice President
Gregory A. Tacchetti Chief Information & Strategy Officer, Senior VP
David J. D'Antoni Independent Director
Sharon Elaine Roberts Independent Director
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