Cannae Holdings Management

Management criteria checks 3/4

Cannae Holdings' CEO is Bill Foley, appointed in Feb 2024, has a tenure of less than a year. directly owns 7.33% of the company’s shares, worth €85.15M. The average tenure of the management team and the board of directors is 2.5 years and 6 years respectively.

Key information

Bill Foley

Chief executive officer

US$12.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	7.3%
Management average tenure	2.5yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Foley's remuneration changed compared to Cannae Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$313m
Sep 30 2023	n/a	n/a	-US$221m
Jun 30 2023	n/a	n/a	-US$8m
Mar 31 2023	n/a	n/a	-US$185m
Dec 31 2022	US$12m	n/a	-US$428m
Sep 30 2022	n/a	n/a	-US$565m
Jun 30 2022	n/a	n/a	-US$741m
Mar 31 2022	n/a	n/a	-US$301m
Dec 31 2021	US$20m	n/a	-US$287m
Sep 30 2021	n/a	n/a	US$354m
Jun 30 2021	n/a	n/a	US$607m
Mar 31 2021	n/a	n/a	US$905m
Dec 31 2020	US$32m	n/a	US$2b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$791m
Dec 31 2019	US$16m	n/a	US$129m
Sep 30 2019	n/a	n/a	US$109m
Jun 30 2019	n/a	n/a	US$62m
Mar 31 2019	n/a	n/a	US$16m
Dec 31 2018	US$59m	US$500k	US$30m
Sep 30 2018	n/a	n/a	-US$21m
Jun 30 2018	n/a	n/a	-US$39m
Mar 31 2018	n/a	n/a	-US$38m
Dec 31 2017	US$4m	US$58k	-US$40m

Compensation vs Market: Bill's total compensation ($USD12.12M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Bill Foley (78 yo)

less than a year

Tenure

US$12,119,217

Compensation

Mr. William Patrick Foley, II, also known as Bill, is Director of Ceridian Corporation from April 2008. He joined the Ceridian Corporation in April 2008. He serves as Chief Executive Officer at Cannae Hold...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Foley	CEO, Chief Investment Officer & Chairman	less than a year	US$12.12m	7.33% $ 85.1m
Bryan Coy	Chief Financial Officer	3.8yrs	US$182.00k	0.16% $ 1.8m
Michael Gravelle	EVP, General Counsel & Corporate Secretary	no data	US$1.08m	0.25% $ 2.9m
Ryan Caswell	President	1.2yrs	no data	0.44% $ 5.1m
Brett Correia	Chief Accounting Officer	no data	no data	no data
Peter Sadowski	Executive VP & Chief Legal Officer	7yrs	no data	0.22% $ 2.6m

2.5yrs

Average Tenure

61yo

Average Age

Experienced Management: CQ2's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Foley	CEO, Chief Investment Officer & Chairman	6.8yrs	US$12.12m	7.33% $ 85.1m
Frank Martire	Director	6.4yrs	US$245.03k	0.51% $ 6.0m
James Stallings	Independent Director	6.3yrs	US$250.03k	0.032% $ 376.7k
Frank Willey	Independent Director	6.4yrs	US$220.03k	0.70% $ 8.1m
Barry Moullet	Independent Director	3.2yrs	US$260.03k	0.030% $ 348.5k
Hugh Harris	Independent Director	6.4yrs	US$215.03k	0.075% $ 871.9k
Richard Massey	Vice Chairman of the Board	5.8yrs	US$1.00	0.44% $ 5.1m
Douglas Ammerman	Independent Director	less than a year	no data	0.034% $ 393.5k
Erika Meinhardt	Lead Independent Director	5.8yrs	US$210.03k	0.20% $ 2.3m
Charles Holland	Independent Director	6.4yrs	US$210.03k	0.049% $ 570.3k
Mark Linehan	Independent Director	4.6yrs	US$220.03k	0.024% $ 275.6k
David Aung	Independent Director	3.2yrs	US$245.03k	0.016% $ 181.8k

6.0yrs

Average Tenure

67.5yo

Average Age

Experienced Board: CQ2's board of directors are considered experienced (6 years average tenure).

Cannae Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Vice Chairman of the Board recently sold €438k worth of stock

Insufficient new directors

Cannae Holdings, Inc. Appoints Richard Massey as Vice Chairman of the Board

CEO & Director recently bought €882k worth of stock

CEO & Director recently bought €829k worth of stock

Cannae Holdings, Inc., Annual General Meeting, Jun 22, 2022

Recent updates

Vice Chairman of the Board recently sold €438k worth of stock

Insufficient new directors

Cannae Holdings, Inc. (NYSE:CNNE) announces an Equity Buyback for $200 million worth of its shares.

New major risk - Revenue and earnings growth

Full year 2023 earnings released: US$4.18 loss per share (vs US$5.25 loss in FY 2022)

Cannae Holdings, Inc. Appoints Richard Massey as Vice Chairman of the Board

Cannae Holdings, Inc. to Report Q4, 2023 Results on Feb 21, 2024

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: US$2.18 loss per share (vs US$0.69 profit in 3Q 2022)

Cannae Holdings, Inc. to Report Q3, 2023 Results on Nov 07, 2023

CEO & Director recently bought €882k worth of stock

Second quarter 2023 earnings released: US$1.16 loss per share (vs US$3.15 loss in 2Q 2022)

Cannae Holdings, Inc. to Report Q2, 2023 Results on Aug 09, 2023

CEO & Director recently bought €829k worth of stock

First quarter 2023 earnings released: US$0.054 loss per share (vs US$2.88 loss in 1Q 2022)

Cannae Holdings, Inc. Provides Revenue Guidance for First Quarter and the Year 2023

Full year 2022 earnings released: US$5.25 loss per share (vs US$3.19 loss in FY 2021)

Cannae Holdings, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Third quarter 2022 earnings released: EPS: US$0.69 (vs US$1.36 loss in 3Q 2021)

An unknown buyer acquired unknown minority stake in Coding Solutions Topco, Inc from Cannae Holdings, Inc. (NYSE:CNNE) for USD 78.7 million.

Cannae Holdings, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Cannae Holdings, Inc. Reiterates Financial Guidance for the Full Year 2022

Second quarter 2022 earnings released: US$3.15 loss per share (vs US$1.95 profit in 2Q 2021)

Cannae Holdings, Inc. to Report Q2, 2022 Results on Aug 08, 2022

First quarter 2022 earnings released: US$2.88 loss per share (vs US$2.55 loss in 1Q 2021)

Cannae Holdings, Inc., Annual General Meeting, Jun 22, 2022

Less than half of directors are independent

Cannae Holdings, Inc. to Report Q1, 2022 Results on May 09, 2022

CEO & Director recently bought €441k worth of stock

Director recently bought €67k worth of stock

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

CEO & Director recently bought €233k worth of stock

Black Knight, Inc. (NYSE:BKI) acquired the remaining 40% stake in Optimal Blue Holdco LLC from Cannae Holdings, Inc. (NYSE:CNNE) and Thomas H. Lee Partners, L.P. for $1.1 billion.

Cannae Holdings, Inc. to Report Q4, 2021 Results on Feb 17, 2022

Third quarter 2021 earnings released: US$1.36 loss per share (vs US$1.45 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS US$1.95 (vs US$5.88 in 2Q 2020)

An unknown buyer acquired stake in Ceridian HCM Holding Inc. (NYSE:CDAY) for approximately $180 million

CEO & Director recently bought €298k worth of stock

First quarter 2021 earnings released: US$2.55 loss per share (vs US$8.19 profit in 1Q 2020)

CEO & Director recently bought €328k worth of stock

Revenue misses expectations

Cannae Holdings, Inc. (NYSE:CNNE) acquired an additional minority stake in CorroHealth for $12 million.

New 90-day low: €30.80

Full year 2020 earnings released: EPS US$20.84 (vs US$1.79 in FY 2019)

Cannae Holdings, Inc. Announces Appointment of Two New Board Members

Cannae Holdings, Inc. to Report Q4, 2020 Results on Feb 22, 2021

New 90-day low: €31.00

Cannae Holdings, Inc.(NYSE:CNNE) dropped from Russell 2000 Dynamic Index

New 90-day high: €36.60

New 90-day high: €35.20

CEO & Director recently bought €524k worth of stock

Cannae Holdings, Inc. Appoints David Ducommun to Serve as President of the Company Effective January 1, 2021

Cannae Holdings, Inc. Announces Brent B. Bickett to Transition to Role as Senior Advisor to the Company, Effective December 31, 2020

New 90-day high: €35.00

Third quarter 2020 earnings released: EPS US$1.45

Revenue beats expectations

Costar Group, Private Equity Firms Reportedly Vying to Acquire Corelogic

Cannae Holdings, Inc. to Report Q3, 2020 Results on Nov 09, 2020

Cannae Holdings, Inc. (NYSE:CNNE) and Senator Investment Group LP offered to acquire the remaining 85% stake in CoreLogic, Inc. (NYSE:CLGX) from Kennedy Enterprises, L.P and others for $4.6 billion.

Fidelity National Financial Ventures (NYSE:FNFV) signed a definitive agreement to acquire T-System Inc. from Francisco Partners Management, L.P. and others for $200 million.

New 90-day low: €29.20

New 90-day low - €30.20

CEO & Director recently bought €157k worth of stock

Cannae Holdings, Inc. to Report Q2, 2020 Results on Aug 07, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team