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 8.17 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 CHF48.69M. The average tenure of the management team and the board of directors is 3.4 years and 6.6 years respectively.
Key information
Mario Greco
Chief executive officer
US$11.7m
Total compensation
| CEO salary percentage | 17.9% |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.08% |
| Management average tenure | 3.4yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing Zurich Insurance Group AG's (VTX:ZURN) CEO Pay Packet
Apr 03
Cautious Investors Not Rewarding Zurich Insurance Group AG's (VTX:ZURN) Performance Completely
Dec 18Growth Investors: Industry Analysts Just Upgraded Their Zurich Insurance Group AG (VTX:ZURN) Revenue Forecasts By 11%
Aug 13Here's Why We Think Zurich Insurance Group (VTX:ZURN) Is Well Worth Watching
Dec 08Zurich Insurance Group (VTX:ZURN) Ticks All The Boxes When It Comes To Earnings Growth
Sep 08Should You Be Adding Zurich Insurance Group (VTX:ZURN) To Your Watchlist Today?
Jun 10Here's Why We Think Zurich Insurance Group (VTX:ZURN) Is Well Worth Watching
Nov 15Here's Why I Think Zurich Insurance Group (VTX:ZURN) Might Deserve Your Attention Today
Aug 16What Makes Zurich Insurance Group AG (VTX:ZURN) A Great Dividend Stock?
May 10Zurich Insurance Group (VTX:ZURN) Has Gifted Shareholders With A Fantastic 146% Total Return On Their Investment
Feb 19
Is Zurich Insurance Group AG (VTX:ZURN) A Risky Dividend Stock?
Jan 20Are Strong Financial Prospects The Force That Is Driving The Momentum In Zurich Insurance Group AG's VTX:ZURN) Stock?
Dec 24Why Zurich Insurance Group's (VTX:ZURN) CEO Pay Matters
Nov 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$5b |
| Mar 31 2023 | n/a | n/a | US$5b |
| 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 ($USD5.89M).
Compensation vs Earnings: Mario's compensation has been consistent with company performance over the past year.
CEO
Mario Greco (64 yo)
8.2yrs
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 | 8.2yrs | US$11.69m | 0.077% $ 48.7m | |
| 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% $ 8.7m | |
| CEO of APAC & Member of the Executive Committee | 7.5yrs | no data | 0.0030% $ 1.9m | |
| CEO of EMEA & Bank Distribution and Member of the Executive Committee | no data | no data | 0.015% $ 9.2m | |
| CEO of Commercial Insurance & Member of the Executive Committee | 3.2yrs | no data | 0.0068% $ 4.3m | |
| Group Chief Risk Officer & Member of Executive Committee | 4.6yrs | no data | 0.0068% $ 4.3m | |
| Group Chief Information & Digital Officer and Member of the Executive Committee | 3.6yrs | no data | 0.0027% $ 1.7m | |
| CEO of Latin America & Member of the Executive Committee | 3.6yrs | no data | 0.0013% $ 821.8k | |
| Group Chief Investment Officer & Member of Executive Committee | 2yrs | no data | 0.00011% $ 69.5k | |
| Member of Executive Committee | 1.3yrs | no data | 0.0066% $ 4.1m | |
| CEO of Global Ventures & Member of Executive Committee | less than a year | no data | no data |
3.4yrs
Average Tenure
56yo
Average Age
Experienced Management: ZURN's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.1yrs | US$388.28k | 0.0011% $ 701.6k | |
| Independent Director | 12.2yrs | US$410.19k | 0.0014% $ 878.6k | |
| Independent Director | 11.1yrs | US$380.46k | 0.0027% $ 1.7m | |
| Independent Chairman of the Board | 6.1yrs | US$2.38m | 0.011% $ 6.6m | |
| Independent Director | 9.1yrs | US$380.46k | 0.0024% $ 1.5m | |
| Independent Vice Chairman | 10.1yrs | US$540.02k | 0.0057% $ 3.6m | |
| Independent Director | 7.2yrs | US$469.63k | 0.0017% $ 1.1m | |
| Independent Director | 5.1yrs | US$380.46k | 0.0011% $ 701.6k | |
| Independent Director | 5.1yrs | US$482.21k | 0.0017% $ 1.1m | |
| Independent Director | 9.1yrs | US$380.46k | 0.0024% $ 1.5m | |
| Independent Director | 3.1yrs | US$380.46k | 0.00061% $ 385.6k | |
| Independent Director | 1.6yrs | US$380.46k | 0.00083% $ 524.7k |
6.6yrs
Average Tenure
66.5yo
Average Age
Experienced Board: ZURN's board of directors are considered experienced (6.6 years average tenure).