Company: KG
Filing Date: 2025-05-30
Form Type: 8-K
Source: 0001104659-25-054992
Chunk: 6

Company: Kestrel Group Ltd
Filing Date: 2025-05-30
Form: 8-K
Item: Item 5.01
Chunk 6
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 Wickersham & Taft, LLP
in the securities, mergers & acquisitions and corporate governance areas. Mr. Weissmann holds a J. D. from New York University
School of Law.

Committee Appointments

As of the effective time of the Second Merger, the individuals identified
below were designated and appointed to the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee,
respectively, of the Board:

Audit Committee

Steven Nigro (chair)

Erik Cohen

Michael Hotchkiss

Compensation Committee

Erik Cohen (chair)

Michael Hotchkiss

Steven Nigro

Nominating and Corporate Governance Committee

Michael Hotchkiss (chair)

Erik Cohen

Jeffrey Weissmann

Resignation and Appointment of Officers

In connection with the consummation of the Transactions and pursuant
to the Combination Agreement, each current officer of the Company resigned as of the effective time of the Second Merger and the board
of directors of the Company appointed the following new executive officers of the Company as of the effective time of the Second Merger.
The names of these executive officers and their respective positions are indicated below:

  Bradford Luke Ledbetter      Chief Executive Officer                
  Terry Ledbetter              Executive Chairman                     
  Patrick Haveron              President and Chief Financial Officer  
  Lawrence F. Metz             Chief Legal Officer and Secretary      

Biographical Information for each of the Company’s executive
officers is set forth below.

Bradford Luke Ledbetter will serve as the Chief Executive Officer of
the Company, in addition to his appointment to the Company’s Board.

Terry Ledbetter will serve as the Executive Chairman of the Company,
in addition to his appointment to the Company’s Board.

Patrick Haveron, age 63, will serve as the President and Chief Financial
Officer of the Company. Prior to the Transactions, Mr. Haveron served as a member of the Maiden board since December 2019 and
served as Chief Executive Officer and Chief Financial Officer of Maiden since May 2023. He previously served as Co-Chief Executive
Officer and Chief Financial Officer from May 2020 to May 2023, as Chief Financial Officer and Chief Operating Officer from September 2018
to April 2020, and as Executive Vice President from November 2009 to May 2020. Mr. Haveron has served as the President
of Maiden’s wholly owned subsidiary Maiden Reinsurance Ltd. since February 2014. Mr