NMI Holdings Management

Management criteria checks 2/4

NMI Holdings' CEO is Adam Pollitzer, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $7.93M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €4.35M. The average tenure of the management team and the board of directors is 2.4 years and 9.5 years respectively.

Key information

Adam Pollitzer

Chief executive officer

US$7.9m

Total compensation

CEO salary percentage	11.3%
CEO tenure	2.3yrs
CEO ownership	0.2%
Management average tenure	2.4yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adam Pollitzer's remuneration changed compared to NMI Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$337m
Dec 31 2023	US$8m	US$900k	US$322m
Sep 30 2023	n/a	n/a	US$312m
Jun 30 2023	n/a	n/a	US$305m
Mar 31 2023	n/a	n/a	US$300m
Dec 31 2022	US$5m	US$800k	US$293m
Sep 30 2022	n/a	n/a	US$280m
Jun 30 2022	n/a	n/a	US$264m
Mar 31 2022	n/a	n/a	US$246m
Dec 31 2021	US$3m	US$591k	US$231m
Sep 30 2021	n/a	n/a	US$219m
Jun 30 2021	n/a	n/a	US$197m
Mar 31 2021	n/a	n/a	US$166m
Dec 31 2020	US$2m	US$550k	US$172m
Sep 30 2020	n/a	n/a	US$173m
Jun 30 2020	n/a	n/a	US$185m
Mar 31 2020	n/a	n/a	US$197m
Dec 31 2019	US$2m	US$500k	US$172m
Sep 30 2019	n/a	n/a	US$157m
Jun 30 2019	n/a	n/a	US$132m
Mar 31 2019	n/a	n/a	US$118m
Dec 31 2018	US$2m	US$466k	US$108m
Sep 30 2018	n/a	n/a	US$71m
Jun 30 2018	n/a	n/a	US$58m
Mar 31 2018	n/a	n/a	US$39m
Dec 31 2017	US$4m	US$290k	US$22m

Compensation vs Market: Adam's total compensation ($USD7.93M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Adam's compensation has increased by more than 20% in the past year.

CEO

Adam Pollitzer (43 yo)

2.3yrs

Tenure

US$7,931,487

Compensation

Mr. Adam S. Pollitzer joined Board of NMI Holdings, Inc. in January 01, 2022. He serves as President and Chief Executive Officer of NMI Holdings, Inc. since January 01, 2022. He is President, CEO & Directo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bradley Shuster	Executive Chairman	12.3yrs	US$2.78m	0.49% $ 11.4m
Adam Pollitzer	President	2.3yrs	US$7.93m	0.19% $ 4.3m
Ravi Mallela	Executive VP & CFO	2.3yrs	US$2.31m	0.055% $ 1.3m
William Leatherberry	Executive VP	10.3yrs	US$2.76m	0.17% $ 4.1m
Robert Smith	Executive VP & Chief Risk Officer	6yrs	US$2.22m	0.064% $ 1.5m
John Swenson	Vice President of Investor Relations & Treasury	9.3yrs	no data	no data
Lesley Alli	Senior VP of Industry Relations & Corporate Communications	less than a year	no data	no data
Norman Fitzgerald	Executive VP & Chief Sales Officer	4.3yrs	no data	0.027% $ 621.2k
Allison Miller	Senior VP & CHRO	1.8yrs	no data	no data
Mohammad Yousaf	Executive Vice President of Operations & IT	2.5yrs	no data	0.013% $ 291.4k
Andrew Greenberg	Senior VP of Finance	less than a year	no data	no data
Nicholas Realmuto	Controller	no data	no data	0% $ 0

2.4yrs

Average Tenure

53yo

Average Age

Experienced Management: 6NM's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bradley Shuster	Executive Chairman	12.3yrs	US$2.78m	0.49% $ 11.4m
Adam Pollitzer	President	2.3yrs	US$7.93m	0.19% $ 4.3m
Steven Scheid	Independent Lead Director	12.1yrs	US$286.38k	0.11% $ 2.5m
Michael Embler	Independent Director	11.8yrs	US$271.38k	0.11% $ 2.5m
James Jones	Independent Director	11.8yrs	US$264.58k	0.071% $ 1.6m
Priya Huskins	Independent Director	3.3yrs	US$246.38k	0.018% $ 423.3k
John Erickson	Independent Director	less than a year	US$277.56k	0% $ 0
Lynn McCreary	Independent Director	5yrs	US$264.58k	0.037% $ 861.7k
Michael Montgomery	Independent Director	11.8yrs	US$246.38k	0.069% $ 1.6m
Regina Muehlhauser	Independent Director	7.2yrs	US$264.58k	0.068% $ 1.6m

9.5yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 6NM's board of directors are considered experienced (9.5 years average tenure).

NMI Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently sold €1.3m worth of stock

NMI Holdings, Inc. Announces Management Changes

Independent Director recently sold €1.5m worth of stock

Insider recently sold €246k worth of stock

Executive Chairman recently sold €364k worth of stock

NMI Holdings, Inc. Appoints William (Bill) Leatherberry as Chief Administrative Officer, Effective January 1, 2024

Recent updates

First quarter 2024 earnings released: EPS: US$1.10 (vs US$0.89 in 1Q 2023)

NMI Holdings, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Independent Director recently sold €1.3m worth of stock

NMI Holdings, Inc. Announces Management Changes

Independent Director recently sold €1.5m worth of stock

Insider recently sold €246k worth of stock

Full year 2023 earnings released: EPS: US$3.91 (vs US$3.45 in FY 2022)

Executive Chairman recently sold €364k worth of stock

NMI Holdings, Inc. to Report Q4, 2023 Results on Feb 14, 2024

NMI Holdings, Inc. Appoints William (Bill) Leatherberry as Chief Administrative Officer, Effective January 1, 2024

Executive VP & Chief Risk Officer recently sold €227k worth of stock

Third quarter 2023 earnings released: EPS: US$1.02 (vs US$0.91 in 3Q 2022)

NMI Holdings, Inc. to Report Q3, 2023 Results on Nov 01, 2023

NMI Holdings, Inc. Appoints John Erickson as Independent Member of Board of Director

NMI Holdings, Inc. Announces Expansion of Leadership Team

NMI Holdings, Inc. (NasdaqGM:NMIH) announces an Equity Buyback for $200 million worth of its shares.

Second quarter 2023 earnings released: EPS: US$0.97 (vs US$0.88 in 2Q 2022)

NMI Holdings, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Independent Director recently sold €61k worth of stock

First quarter 2023 earnings released: EPS: US$0.89 (vs US$0.79 in 1Q 2022)

Executive VP & Chief Sales Officer recently sold €368k worth of stock

Full year 2022 earnings released: EPS: US$3.45 (vs US$2.70 in FY 2021)

NMI Holdings, Inc. to Report Q4, 2022 Results on Feb 14, 2023

NMI Holdings, Inc. Announces Departure of Julie Norberg as Senior Vice President and Chief Accounting Officer

Third quarter 2022 earnings released: EPS: US$0.91 (vs US$0.70 in 3Q 2021)

NMI Holdings, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Second quarter 2022 earnings released: EPS: US$0.88 (vs US$0.67 in 2Q 2021)

NMI Holdings, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: US$0.79 (vs US$0.62 in 1Q 2021)

NMI Holdings, Inc. to Report Q1, 2022 Results on May 04, 2022

NMI Holdings, Inc., Annual General Meeting, May 12, 2022

NMI Holdings, Inc., Annual General Meeting, May 12, 2022

Executive VP & COO recently sold €276k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

NMI Holdings, Inc. (NasdaqGM:NMIH) announces an Equity Buyback for $125 million worth of its shares.

Third quarter 2021 earnings released: EPS US$0.70 (vs US$0.45 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.67 (vs US$0.36 in 2Q 2020)

Executive VP & COO recently sold €451k worth of stock

Executive VP recently sold €105k worth of stock

First quarter 2021 earnings released: EPS US$0.62 (vs US$0.85 in 1Q 2020)

Executive VP recently sold €112k worth of stock

Executive VP recently sold €219k worth of stock

Full year 2020 earnings released: EPS US$2.20 (vs US$2.55 in FY 2019)

Revenue misses expectations

Nmi Holdings, Inc. Appoints Priya Huskins as Independent Director

New 90-day low: €17.30

NMI Holdings, Inc. to Report Q4, 2020 Results on Feb 16, 2021

New 90-day low: €17.70

CFO & Executive VP recently sold €632k worth of stock

Executive VP & Chief Risk Officer recently sold €149k worth of stock

Controller recently sold €62k worth of stock

New 90-day high: €20.60

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.45

New 90-day high: €20.00

NMI Holdings, Inc. to Report Q3, 2020 Results on Nov 05, 2020

New 90-day high: €17.30

New 90-day high - €15.90

First half earnings released

NMI Holdings, Inc. to Report Q2, 2020 Results on Aug 05, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members