Source: StreetInsider

Press Release: Crusader Insurance Company : Unico American Corporation Announces Appointment of Directors and Elimination of Position

Unico American Corporation (NASDAQ: UNAM) (“Unico,” the “Company”), announced today that, on July 14, 2017, Unico’s Board of Directors (the “Board”) appointed Michael Budnitsky, Unico’s Treasurer, Chief Financial Officer and Secretary, to the Board to fill the vacancy created by the passing of Lester A. Aaron. Mr. Budnitsky will serve as a director until the next annual meeting of Unico’s shareholders. Mr. Budnitsky, as an employee director, will not receive separate compensation for his service on the Board. Also, the Board appointed Samuel J. Sorich to replace Mr. Aaron on the Compensation Committee.

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Crusader is an insurance brokerage firm that provides property, casualty and health insurance services for individuals and businesses. Read more