Zurich Insurance Group AG

SWX:ZURNE Stock Report

Market Cap: CHF 74.6b

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 8.5 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 CHF57.16M. The average tenure of the management team and the board of directors is 3.7 years and 5.9 years respectively.

Key information

Mario Greco

Chief executive officer

US$11.7m

Total compensation

CEO salary percentage17.9%
CEO tenure8.5yrs
CEO ownership0.08%
Management average tenure3.7yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mario Greco's remuneration changed compared to Zurich Insurance Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$5b

Mar 31 2024n/an/a

US$5b

Dec 31 2023US$12mUS$2m

US$4b

Sep 30 2023n/an/a

US$4b

Jun 30 2023n/an/a

US$4b

Mar 31 2023n/an/a

US$4b

Dec 31 2022US$10mUS$2m

US$4b

Sep 30 2022n/an/a

US$5b

Jun 30 2022n/an/a

US$5b

Mar 31 2022n/an/a

US$5b

Dec 31 2021US$10mUS$2m

US$5b

Sep 30 2021n/an/a

US$5b

Jun 30 2021n/an/a

US$5b

Mar 31 2021n/an/a

US$4b

Dec 31 2020US$10mUS$2m

US$4b

Sep 30 2020n/an/a

US$4b

Jun 30 2020n/an/a

US$3b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$10mUS$2m

US$4b

Sep 30 2019n/an/a

US$4b

Jun 30 2019n/an/a

US$4b

Mar 31 2019n/an/a

US$4b

Dec 31 2018US$9mUS$2m

US$4b

Sep 30 2018n/an/a

US$4b

Jun 30 2018n/an/a

US$3b

Mar 31 2018n/an/a

US$3b

Dec 31 2017US$9mUS$2m

US$3b

Compensation vs Market: Mario's total compensation ($USD11.69M) is above average for companies of similar size in the Swiss market ($USD4.68M).

Compensation vs Earnings: Mario's compensation has been consistent with company performance over the past year.


CEO

Mario Greco (65 yo)

8.5yrs

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

NamePositionTenureCompensationOwnership
Mario Greco
Group CEO & Member of Executive Committee8.5yrsUS$11.69m0.077%
$ 57.4m
Claudia Cordioli
Group CFO & Member of Executive Committeeless than a yearno datano data
Kristof Frans Terryn
CEO of North America & Member of the Executive Committeeno datano data0.014%
$ 10.2m
Tulsi Naidu
CEO of APAC & Member of the Executive Committee7.8yrsno data0.0030%
$ 2.3m
Alison Martin
CEO of EMEA & Bank Distribution and Member of the Executive Committeeno datano data0.015%
$ 10.8m
Sierra Signorelli
CEO of Commercial Insurance & Member of the Executive Committee3.5yrsno data0.0068%
$ 5.1m
Peter Giger
Group Chief Risk Officer & Member of Executive Committee4.9yrsno data0.0068%
$ 5.1m
Ericson Chan
Group Chief Information & Digital Officer and Member of the Executive Committee3.9yrsno data0.0027%
$ 2.0m
Laurence Maurice
CEO of Latin America & Member of the Executive Committee3.9yrsno data0.0013%
$ 969.3k
Stephan Van Vliet
Group Chief Investment Officer & Member of Executive Committee2.3yrsno data0.00011%
$ 82.0k
Raul Vargas
Member of Executive Committee1.7yrsno data0.0066%
$ 4.9m
Cara Morton
CEO of Global Ventures & Member of Executive Committeeless than a yearno datano data

3.7yrs

Average Tenure

57yo

Average Age

Experienced Management: ZURNE's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Halbherr
Independent Director5.4yrsUS$388.28k0.0011%
$ 827.6k
Monica Machler
Independent Director11.4yrsUS$380.46k0.0027%
$ 2.0m
Michel Lies
Independent Chairman of the Board6.4yrsUS$2.38m0.011%
$ 7.8m
Joan Lordi Amble
Independent Director9.4yrsUS$380.46k0.0024%
$ 1.8m
Christoph Franz
Independent Vice Chairman10.4yrsUS$540.02k0.0057%
$ 4.2m
Catherine Bessant
Independent Director7.5yrsUS$469.63k0.0017%
$ 1.3m
Barry Stowe
Independent Director5.4yrsUS$380.46k0.0011%
$ 827.6k
Jasmin Staiblin
Independent Director5.4yrsUS$482.21k0.0017%
$ 1.3m
John Rafter
Directorless than a yearno datano data
Kishore Mahbubani
Independent Director9.4yrsUS$380.46k0.0024%
$ 1.8m
Sabine Keller-Busse
Independent Director3.4yrsUS$380.46k0.00061%
$ 454.8k
Peter Maurer
Independent Director1.9yrsUS$380.46k0.00083%
$ 618.8k

5.9yrs

Average Tenure

67yo

Average Age

Experienced Board: ZURNE's board of directors are considered experienced (5.9 years average tenure).