Radian Group Management
Management criteria checks 2/4
Radian Group's CEO is Rick Thornberry, appointed in Mar 2017, has a tenure of 7.75 years. total yearly compensation is $12.79M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €29.23M. The average tenure of the management team and the board of directors is 5 years and 5.8 years respectively.
Key information
Rick Thornberry
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 5yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$599m |
| Jun 30 2024 | n/a | n/a | US$604m |
| Mar 31 2024 | n/a | n/a | US$598m |
| Dec 31 2023 | US$13m | US$1m | US$603m |
| Sep 30 2023 | n/a | n/a | US$623m |
| Jun 30 2023 | n/a | n/a | US$664m |
| Mar 31 2023 | n/a | n/a | US$720m |
| Dec 31 2022 | US$8m | US$1m | US$743m |
| Sep 30 2022 | n/a | n/a | US$774m |
| Jun 30 2022 | n/a | n/a | US$702m |
| Mar 31 2022 | n/a | n/a | US$656m |
| Dec 31 2021 | US$9m | US$1m | US$601m |
| Sep 30 2021 | n/a | n/a | US$555m |
| Jun 30 2021 | n/a | n/a | US$564m |
| Mar 31 2021 | n/a | n/a | US$379m |
| Dec 31 2020 | US$8m | US$932k | US$394m |
| Sep 30 2020 | n/a | n/a | US$407m |
| Jun 30 2020 | n/a | n/a | US$445m |
| Mar 31 2020 | n/a | n/a | US$642m |
| Dec 31 2019 | US$8m | US$800k | US$672m |
| Sep 30 2019 | n/a | n/a | US$651m |
| Jun 30 2019 | n/a | n/a | US$620m |
| Mar 31 2019 | n/a | n/a | US$662m |
| Dec 31 2018 | US$10m | US$800k | US$606m |
| Sep 30 2018 | n/a | n/a | US$473m |
| Jun 30 2018 | n/a | n/a | US$395m |
| Mar 31 2018 | n/a | n/a | US$159m |
| Dec 31 2017 | US$7m | US$606k | US$121m |
Compensation vs Market: Rick's total compensation ($USD12.79M) is above average for companies of similar size in the German market ($USD3.29M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Thornberry (66 yo)
7.8yrs
Tenure
US$12,788,340
Compensation
Mr. Richard Gerald Thornberry, also known as Rick, serves as Chief Executive Officer and Director of Radian Group Inc. He has experience in the financial services industry, as a leader of some of the most...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.8yrs | US$12.79m | 0.61% € 29.2m | |
| CFO & Senior EVP | 1.6yrs | US$3.24m | 0% € 0 | |
| Executive VP | 6.1yrs | US$1.07m | 0.032% € 1.6m | |
| Senior EVP | 4yrs | US$2.39m | 0.11% € 5.1m | |
| President of Mortgage Insurance | 11.5yrs | US$3.60m | 0.11% € 5.1m | |
| Senior EVP and Chief People & Operating Officer | 3.9yrs | no data | 0% € 0 | |
| Senior Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
| Executive VP & Chief of Staff to the CEO | less than a year | no data | no data | |
| Chief Economist & Senior VP | 9.8yrs | no data | no data | |
| Senior Vice President of Structured Products | 8.3yrs | no data | no data | |
| Senior EVP & Chief Digital Officer | 4yrs | US$2.15m | 0% € 0 | |
| Senior Vice President of Settlement Services Operations | no data | no data | no data |
5.0yrs
Average Tenure
52yo
Average Age
Experienced Management: RAG's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.8yrs | US$12.79m | 0.61% € 29.2m | |
| Independent Non-Executive Chairman | 25.5yrs | US$500.00k | 0.0054% € 259.0k | |
| Independent Director | 13.8yrs | US$275.00k | 0.0043% € 206.3k | |
| Independent Director | 5.8yrs | US$305.00k | 0.011% € 512.7k | |
| Independent Director | 4.8yrs | US$295.00k | 0.013% € 634.3k | |
| Independent Director | 4.8yrs | US$300.00k | 0.019% € 929.2k | |
| Independent Director | 13.8yrs | US$294.48k | 0.013% € 642.9k | |
| Independent Director | 3.5yrs | US$275.00k | 0.010% € 479.7k | |
| Independent Director | 12.6yrs | US$275.00k | 0.0030% € 142.7k | |
| Independent Director | 1.3yrs | US$134.08k | 0.0027% € 131.6k | |
| Independent Director | 1.8yrs | US$228.82k | 0.0040% € 189.1k |
5.8yrs
Average Tenure
62yo
Average Age
Experienced Board: RAG's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 14:05 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Radian Group Inc. is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| Mihir Bhatia | BofA Global Research |