Essent Group Management

Management criteria checks 3/4

Essent Group's CEO is Mark Casale, appointed in Jan 2008, has a tenure of 16.83 years. total yearly compensation is $8.89M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 2.24% of the company’s shares, worth €126.60M. The average tenure of the management team and the board of directors is 9.7 years and 14.8 years respectively.

Key information

Mark Casale

Chief executive officer

US$8.9m

Total compensation

CEO salary percentage	11.3%
CEO tenure	16.8yrs
CEO ownership	2.2%
Management average tenure	9.7yrs
Board average tenure	14.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Casale's remuneration changed compared to Essent Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$737m
Jun 30 2024	n/a	n/a	US$739m
Mar 31 2024	n/a	n/a	US$707m
Dec 31 2023	US$9m	US$1m	US$696m
Sep 30 2023	n/a	n/a	US$668m
Jun 30 2023	n/a	n/a	US$668m
Mar 31 2023	n/a	n/a	US$728m
Dec 31 2022	US$9m	US$1m	US$831m
Sep 30 2022	n/a	n/a	US$865m
Jun 30 2022	n/a	n/a	US$892m
Mar 31 2022	n/a	n/a	US$820m
Dec 31 2021	US$7m	US$925k	US$682m
Sep 30 2021	n/a	n/a	US$624m
Jun 30 2021	n/a	n/a	US$544m
Mar 31 2021	n/a	n/a	US$399m
Dec 31 2020	US$7m	US$925k	US$413m
Sep 30 2020	n/a	n/a	US$436m
Jun 30 2020	n/a	n/a	US$456m
Mar 31 2020	n/a	n/a	US$578m
Dec 31 2019	US$8m	US$925k	US$556m
Sep 30 2019	n/a	n/a	US$537m
Jun 30 2019	n/a	n/a	US$509m
Mar 31 2019	n/a	n/a	US$484m
Dec 31 2018	US$7m	US$900k	US$467m
Sep 30 2018	n/a	n/a	US$501m
Jun 30 2018	n/a	n/a	US$464m
Mar 31 2018	n/a	n/a	US$424m
Dec 31 2017	US$7m	US$900k	US$380m

Compensation vs Market: Mark's total compensation ($USD8.89M) is above average for companies of similar size in the German market ($USD3.63M).

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

CEO

Mark Casale (59 yo)

16.8yrs

Tenure

US$8,886,952

Compensation

Mr. Mark Anthony Casale is the Founder, serves as the Chief Executive Officer of Essent Group Ltd. since 2008 and Chairman of the Board of Directors of Essent Group Ltd since 2013 and serves as its Directo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Casale	Chairman	16.8yrs	US$8.89m	2.24% € 126.6m
David Weinstock	CFO & Senior VP	2.4yrs	US$2.58m	no data
Mary Gibbons	Senior VP	16.8yrs	US$2.31m	0.23% € 13.2m
Vijay Bhasin	Chief Risk Officer & Senior VP	15.8yrs	US$1.97m	0.19% € 10.5m
Christopher Curran	President of Essent Guaranty	2.8yrs	US$2.89m	0.26% € 14.6m
William Kaiser	Senior VP & COO	no data	no data	no data
Theodore Gray	Senior VP & Chief Information Officer	no data	no data	no data
Philip Stefano	Vice President of Investor Relations	no data	no data	no data
Wei Ding	Senior Vice President of Corporate Development	no data	no data	no data
William Higgins	Senior Vice President of Essent Ventures	no data	no data	no data
Paul Wollmann	President & Chief Underwriting Officer of Essent Reinsurance Ltd	3.5yrs	no data	no data

9.7yrs

Average Tenure

59yo

Average Age

Experienced Management: EG0's management team is seasoned and experienced (9.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Casale	Chairman	16.8yrs	US$8.89m	2.24% € 126.6m
William Spiegel	Lead Independent Director	16.8yrs	US$293.03k	0.028% € 1.6m
Robert Glanville	Independent Director	16.8yrs	US$253.03k	0.051% € 2.9m
Roy Kasmar	Independent Director	11.8yrs	US$273.03k	0.026% € 1.4m
Douglas Pauls	Independent Director	10.9yrs	US$278.03k	0.028% € 1.6m
Angela Heise	Independent Director	6.5yrs	US$273.03k	0.018% € 1.0m
Aditya Dutt	Independent Director	14.8yrs	US$253.03k	0.027% € 1.5m
Allan Levine	Independent Director	16.8yrs	US$278.03k	0.036% € 2.1m
Henna Karna	Independent Director	2.3yrs	US$252.84k	0.0050% € 282.2k

14.8yrs

Average Tenure

58yo

Average Age

Experienced Board: EG0's board of directors are seasoned and experienced ( 14.8 years average tenure).

Essent Group Management

Management criteria checks 3/4

Key information

Recent management updates

Essent Group Ltd., Annual General Meeting, May 01, 2024

Chief Risk Officer & Senior VP recently sold €654k worth of stock

Senior VP recently sold €396k worth of stock

Senior VP recently sold €688k worth of stock

Chief Risk Officer & Senior VP recently sold €460k worth of stock

Independent Director recently sold €102k worth of stock

Recent updates

Third quarter dividend of US$0.28 announced

Third quarter 2024 earnings released: EPS: US$1.67 (vs US$1.68 in 3Q 2023)

Essent Group Ltd. Declares Quarterly Dividend, Payable on December 11, 2024

Essent Group Ltd. to Report Q3, 2024 Results on Nov 01, 2024

New minor risk - Insider selling

Upcoming dividend of US$0.28 per share

New minor risk - Insider selling

Second quarter dividend of US$0.28 announced

Second quarter 2024 earnings released: EPS: US$1.93 (vs US$1.62 in 2Q 2023)

Essent Group Ltd Declares Quarterly Cash Dividend, Payable on September 10, 2024

Essent Group Ltd. to Report Q2, 2024 Results on Aug 02, 2024

Upcoming dividend of US$0.28 per share

First quarter dividend of US$0.28 announced

First quarter 2024 earnings released: EPS: US$1.72 (vs US$1.60 in 1Q 2023)

Essent Group Ltd. to Report Q1, 2024 Results on May 03, 2024

Essent Group Ltd., Annual General Meeting, May 01, 2024

Upcoming dividend of US$0.28 per share

Full year 2023 earnings released: EPS: US$6.56 (vs US$7.76 in FY 2022)

Essent Group Ltd Declares Quarterly Cash Dividend, Payable on March 22, 2024

Chief Risk Officer & Senior VP recently sold €654k worth of stock

Essent Group Ltd. to Report Q4, 2023 Results on Feb 09, 2024

Senior VP recently sold €396k worth of stock

Upcoming dividend of US$0.25 per share at 2.1% yield

Essent Group Ltd. (NYSE:ESNT) announces an Equity Buyback for $250 million worth of its shares.

Essent Group Ltd. (NYSE:ESNT) announces an Equity Buyback for $250 million worth of its shares.

Third quarter 2023 earnings released: EPS: US$1.68 (vs US$1.67 in 3Q 2022)

Essent Group Ltd. to Report Q3, 2023 Results on Nov 02, 2023

Senior VP recently sold €688k worth of stock

Upcoming dividend of US$0.25 per share at 2.0% yield

Second quarter 2023 earnings released: EPS: US$1.62 (vs US$2.17 in 2Q 2022)

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on September 11, 2023

Chief Risk Officer & Senior VP recently sold €460k worth of stock

Essent Group Ltd. to Report Q2, 2023 Results on Aug 04, 2023

Upcoming dividend of US$0.25 per share at 2.3% yield

First quarter 2023 earnings released: EPS: US$1.60 (vs US$2.54 in 1Q 2022)

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on June 12, 2023

Upcoming dividend of US$0.25 per share at 2.3% yield

Independent Director recently sold €102k worth of stock

Full year 2022 earnings released: EPS: US$7.76 (vs US$6.13 in FY 2021)

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on March 20, 2023

Essent Group Ltd. to Report Q4, 2022 Results on Feb 10, 2023

Upcoming dividend of US$0.23 per share

Independent Director recently sold €228k worth of stock

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.67 (vs US$1.85 in 3Q 2021)

Essent Group Ltd. Also Declares Quarterly Cash Dividend, Payable on December 12, 2022

Essent Group Ltd. to Report Q3, 2022 Results on Nov 04, 2022

Essent Group Ltd. Appoints Anu (Henna) A. Karna to its Board of Directors

Upcoming dividend of US$0.22 per share

Independent Director recently sold €246k worth of stock

Second quarter 2022 earnings released: EPS: US$2.17 (vs US$1.43 in 2Q 2021)

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on September 12, 2022

Essent Group Ltd. to Report Q2, 2022 Results on Aug 05, 2022

Essent Group Ltd. Announces Executive Changes

Insufficient new directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age