Radian Group Management
Management criteria checks 2/4
Radian Group's CEO is Rick Thornberry, appointed in Mar 2017, has a tenure of 7.17 years. total yearly compensation is $12.79M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth €18.30M. The average tenure of the management team and the board of directors is 6.3 years and 6.2 years respectively.
Key information
Rick Thornberry
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 7.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.3yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD2.56M).
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 (65 yo)
7.2yrs
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 | 7.2yrs | US$12.79m | 0.43% $ 18.3m | |
| CFO & Senior EVP | less than a year | US$3.24m | 0% $ 0 | |
| Executive VP | 5.5yrs | US$1.07m | 0.030% $ 1.3m | |
| Senior EVP | 3.4yrs | US$2.39m | 0.082% $ 3.5m | |
| President of Mortgage | 10.9yrs | US$3.60m | 0.13% $ 5.5m | |
| Senior EVP | no data | US$1.88m | 0.088% $ 3.7m | |
| Senior Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
| Executive VP and Chief Marketing & Corporate Communications Officer | 11.3yrs | no data | no data | |
| Senior EVP & Chief People Officer | 3.3yrs | no data | 0.0091% $ 385.6k | |
| Chief Economist & Senior VP | 9.3yrs | no data | no data | |
| Senior Vice President of Structured Products | 7.7yrs | no data | no data | |
| Senior EVP | 3.4yrs | US$2.15m | 0.035% $ 1.5m |
6.3yrs
Average Tenure
51yo
Average Age
Experienced Management: RAG's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.2yrs | US$12.79m | 0.43% $ 18.3m | |
| Independent Non-Executive Chairman | 24.9yrs | US$500.00k | 0.0053% $ 225.2k | |
| Independent Director | 13.3yrs | US$275.00k | 0.0042% $ 179.9k | |
| Independent Director | 5.2yrs | US$305.00k | 0.011% $ 446.2k | |
| Independent Director | 4.3yrs | US$290.54k | 0.011% $ 461.9k | |
| Independent Director | 4.3yrs | US$300.00k | 0.015% $ 644.3k | |
| Independent Director | 13.3yrs | US$294.48k | 0.020% $ 840.3k | |
| Independent Director | 2.9yrs | US$275.00k | 0.0060% $ 252.8k | |
| Independent Director | 12yrs | US$300.00k | 0.0033% $ 140.0k | |
| Independent Director | 12yrs | US$275.00k | 0.0054% $ 230.3k | |
| Independent Director | less than a year | US$134.08k | 0% $ 0 | |
| Independent Director | 1.3yrs | US$228.82k | 0% $ 0 |
6.2yrs
Average Tenure
63yo
Average Age
Experienced Board: RAG's board of directors are considered experienced (6.2 years average tenure).