Zurich Insurance Group Management
Management criteria checks 3/4
Zurich Insurance Group's CEO is Mario Greco, appointed in Mar 2016, has a tenure of 8.75 years. total yearly compensation is $11.69M, comprised of 17.9% salary and 82.1% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth CHF59.78M. The average tenure of the management team and the board of directors is 4 years and 6.2 years respectively.
Key information
Mario Greco
Chief executive officer
US$11.7m
Total compensation
| CEO salary percentage | 17.9% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.08% |
| Management average tenure | 4yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
What You Can Learn From Zurich Insurance Group AG's (VTX:ZURN) P/E
Nov 25
Broker Revenue Forecasts For Zurich Insurance Group AG (VTX:ZURN) Are Surging Higher
Aug 10Zurich Insurance Group AG's (VTX:ZURN) Subdued P/E Might Signal An Opportunity
Jul 11Here's Why Shareholders May Want To Be Cautious With Increasing Zurich Insurance Group AG's (VTX:ZURN) CEO Pay Packet
Apr 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$5b |
| Mar 31 2024 | n/a | n/a | US$5b |
| Dec 31 2023 | US$12m | US$2m | US$4b |
| Sep 30 2023 | n/a | n/a | US$4b |
| Jun 30 2023 | n/a | n/a | US$4b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | US$10m | US$2m | US$4b |
| Sep 30 2022 | n/a | n/a | US$5b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$5b |
| Dec 31 2021 | US$10m | US$2m | US$5b |
| Sep 30 2021 | n/a | n/a | US$5b |
| Jun 30 2021 | n/a | n/a | US$5b |
| Mar 31 2021 | n/a | n/a | US$4b |
| Dec 31 2020 | US$10m | US$2m | US$4b |
| Sep 30 2020 | n/a | n/a | US$4b |
| Jun 30 2020 | n/a | n/a | US$3b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$10m | US$2m | US$4b |
| Sep 30 2019 | n/a | n/a | US$4b |
| Jun 30 2019 | n/a | n/a | US$4b |
| Mar 31 2019 | n/a | n/a | US$4b |
| Dec 31 2018 | US$9m | US$2m | US$4b |
| Sep 30 2018 | n/a | n/a | US$4b |
| Jun 30 2018 | n/a | n/a | US$3b |
| Mar 31 2018 | n/a | n/a | US$3b |
| Dec 31 2017 | US$9m | US$2m | US$3b |
Compensation vs Market: Mario's total compensation ($USD11.69M) is above average for companies of similar size in the Swiss market ($USD4.66M).
Compensation vs Earnings: Mario's compensation has been consistent with company performance over the past year.
CEO
Mario Greco (65 yo)
8.8yrs
Tenure
US$11,687,354
Compensation
Mr. Mario Greco has been the Group Chief Executive Officer and Member of Executive Committee at Zurich Insurance Group AG since March 07, 2016. Mr. Greco served as the Group Chief Executive Officer of Assi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Member of Executive Committee | 8.8yrs | US$11.69m | 0.077% CHF 59.8m | |
| Group CFO & Member of Executive Committee | less than a year | no data | no data | |
| CEO of North America & Member of the Executive Committee | no data | no data | 0.014% CHF 10.6m | |
| CEO of APAC & Member of the Executive Committee | 8.1yrs | no data | 0.0030% CHF 2.3m | |
| CEO of EMEA & Bank Distribution and Member of the Executive Committee | no data | no data | 0.015% CHF 11.3m | |
| CEO of Commercial Insurance & Member of the Executive Committee | 3.8yrs | no data | 0.0068% CHF 5.3m | |
| Group Chief Risk Officer & Member of Executive Committee | 5.2yrs | no data | 0.0068% CHF 5.3m | |
| Group Chief Information & Digital Officer and Member of the Executive Committee | 4.2yrs | no data | 0.0027% CHF 2.1m | |
| CEO of Latin America & Member of the Executive Committee | 4.2yrs | no data | 0.0013% CHF 1.0m | |
| Group Chief Investment Officer & Member of Executive Committee | 2.6yrs | no data | 0.00011% CHF 85.4k | |
| Member of Executive Committee | 1.9yrs | no data | 0.0066% CHF 5.1m | |
| CEO of Global Ventures & Member of Executive Committee | less than a year | no data | no data |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Management: ZURN's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.7yrs | US$388.28k | 0.0011% CHF 861.5k | |
| Independent Director | 11.7yrs | US$380.46k | 0.0027% CHF 2.1m | |
| Independent Chairman of the Board | 6.7yrs | US$2.38m | 0.011% CHF 8.2m | |
| Independent Director | 9.7yrs | US$380.46k | 0.0024% CHF 1.8m | |
| Independent Vice Chairman | 10.7yrs | US$540.02k | 0.0057% CHF 4.4m | |
| Independent Director | 7.8yrs | US$469.63k | 0.0017% CHF 1.3m | |
| Independent Director | 5.7yrs | US$380.46k | 0.0011% CHF 861.5k | |
| Independent Director | 5.7yrs | US$482.21k | 0.0017% CHF 1.3m | |
| Director | less than a year | no data | no data | |
| Independent Director | 9.7yrs | US$380.46k | 0.0024% CHF 1.8m | |
| Independent Director | 3.7yrs | US$380.46k | 0.00061% CHF 473.4k | |
| Independent Director | 2.2yrs | US$380.46k | 0.00083% CHF 644.2k |
6.2yrs
Average Tenure
67yo
Average Age
Experienced Board: ZURN's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:18 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zurich Insurance Group AG is covered by 50 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dieter Hein | AlphaValue |
| Daniel Bischof | Baader Helvea Equity Research |
| Marco Cavalleri | Banca Akros S.p.A. (ESN) |