QBE Insurance Group Management
Management criteria checks 4/4
QBE Insurance Group's CEO is Andrew Horton, appointed in Sep 2021, has a tenure of 3.17 years. total yearly compensation is $4.59M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth A$6.69M. The average tenure of the management team and the board of directors is 3.5 years and 4 years respectively.
Key information
Andrew Horton
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 27.0% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
There's No Escaping QBE Insurance Group Limited's (ASX:QBE) Muted Earnings
Sep 30
QBE Insurance Group's (ASX:QBE) Dividend Will Be $0.24
Aug 11QBE Insurance Group Limited's (ASX:QBE) Shares Lagging The Market But So Is The Business
May 22It Looks Like The CEO Of QBE Insurance Group Limited (ASX:QBE) May Be Underpaid Compared To Peers
May 03With EPS Growth And More, QBE Insurance Group (ASX:QBE) Makes An Interesting Case
Apr 15QBE Insurance Group Limited (ASX:QBE) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 01With EPS Growth And More, QBE Insurance Group (ASX:QBE) Makes An Interesting Case
Nov 15QBE Insurance Group's (ASX:QBE) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15We Ran A Stock Scan For Earnings Growth And QBE Insurance Group (ASX:QBE) Passed With Ease
Aug 13QBE Insurance Group (ASX:QBE) Is Paying Out A Larger Dividend Than Last Year
Aug 14How Much Did QBE Insurance Group's(ASX:QBE) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 03
Is QBE Insurance Group Limited (ASX:QBE) A Risky Dividend Stock?
Dec 11QBE Insurance Group (ASX:QBE) Share Prices Have Dropped 34% In The Last Five Years
Jul 21QBE Insurance Group Limited's (ASX:QBE) Dismal Stock Performance Reflects Weak Fundamentals
Jun 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$5m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$889m |
| Mar 31 2023 | n/a | n/a | US$713m |
| Dec 31 2022 | US$5m | US$1m | US$537m |
| Sep 30 2022 | n/a | n/a | US$422m |
| Jun 30 2022 | n/a | n/a | US$307m |
| Mar 31 2022 | n/a | n/a | US$504m |
| Dec 31 2021 | US$3m | US$431k | US$700m |
Compensation vs Market: Andrew's total compensation ($USD4.59M) is about average for companies of similar size in the Australian market ($USD4.46M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
CEO
Andrew Horton
3.2yrs
Tenure
US$4,586,000
Compensation
Mr. Andrew Horton, BA Natural Sciences, ACA, serves as Group CEO & Director at QBE Insurance Group Limited since September 01, 2021. He served as Chief Executive Officer of Beazley Furlonge Ltd. since 200...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 3.2yrs | US$4.59m | 0.023% A$ 6.6m | |
| Group Chief Financial Officer | 6.6yrs | US$2.55m | 0.0068% A$ 2.0m | |
| Group Chief People Officer | 2.9yrs | US$1.30m | 0.0019% A$ 539.3k | |
| Chief Executive Officer of International | 4.1yrs | US$2.41m | 0.0046% A$ 1.3m | |
| Group Chief Risk Officer | 3.7yrs | US$1.38m | 0.00059% A$ 171.1k | |
| Chief Executive Officer of Australia Pacific | 3.3yrs | US$1.99m | 0.0052% A$ 1.5m | |
| Chief Executive Officer of North America | 1.8yrs | US$579.00k | no data | |
| Group Chief Underwriting Officer | 1.3yrs | US$1.09m | 0% A$ 0 | |
| Group Executive of Technology & Operations | 3.8yrs | no data | no data | |
| Group Head of Investor Relations | no data | no data | no data | |
| Group General Counsel & Company Secretary | 8.8yrs | no data | no data | |
| Head of Specialty Insurance | no data | no data | no data |
3.5yrs
Average Tenure
Experienced Management: QBE's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 3.2yrs | US$4.59m | 0.023% A$ 6.6m | |
| Independent Non-Executive Director | 1.2yrs | US$75.00k | 0.00021% A$ 60.9k | |
| Independent Chairman | 8yrs | US$534.00k | 0.0067% A$ 1.9m | |
| Independent Non-Executive Director | 2.3yrs | US$224.00k | 0.0012% A$ 353.7k | |
| Independent Non-Executive Director | 8.2yrs | US$226.00k | 0.0037% A$ 1.1m | |
| Non-Executive Director of QBE Australia Pacific Board | 4.1yrs | no data | no data | |
| Non-Executive Director- QBE North America | 3.8yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | 0.00013% A$ 37.7k | |
| Independent Non-Executive Director | 4.2yrs | US$224.00k | 0.0011% A$ 307.3k | |
| Independent Non-Executive Director | 8.7yrs | US$243.00k | 0.0056% A$ 1.6m | |
| Non-Executive Director of QBE Australia Pacific Board | 4.1yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | US$38.00k | 0.00013% A$ 37.7k |
4.0yrs
Average Tenure
60yo
Average Age
Experienced Board: QBE's board of directors are considered experienced (4 years average tenure).