Enstar Group Management

Management criteria checks 3/4

Enstar Group's CEO is Dominic Silvester, appointed in Jan 2001, has a tenure of 23.83 years. total yearly compensation is $7.49M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 4.49% of the company’s shares, worth €204.47M. The average tenure of the management team and the board of directors is 2.5 years and 9.3 years respectively.

Key information

Dominic Silvester

Chief executive officer

US$7.5m

Total compensation

CEO salary percentage	33.4%
CEO tenure	23.8yrs
CEO ownership	4.5%
Management average tenure	2.5yrs
Board average tenure	9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dominic Silvester's remuneration changed compared to Enstar Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$992m
Jun 30 2024	n/a	n/a	US$882m
Mar 31 2024	n/a	n/a	US$777m
Dec 31 2023	US$7m	US$3m	US$1b
Sep 30 2023	n/a	n/a	US$710m
Jun 30 2023	n/a	n/a	US$240m
Mar 31 2023	n/a	n/a	-US$215m
Dec 31 2022	US$21m	US$3m	-US$906m
Sep 30 2022	n/a	n/a	-US$996m
Jun 30 2022	n/a	n/a	-US$760m
Mar 31 2022	n/a	n/a	US$52m
Dec 31 2021	US$5m	US$2m	US$502m
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$24m	US$224k	US$2b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$593m
Mar 31 2020	n/a	n/a	US$29m
Dec 31 2019	US$6m	US$2m	US$895m
Sep 30 2019	n/a	n/a	US$583m
Jun 30 2019	n/a	n/a	US$457m
Mar 31 2019	n/a	n/a	US$230m
Dec 31 2018	US$3m	US$2m	-US$164m
Sep 30 2018	n/a	n/a	US$67m
Jun 30 2018	n/a	n/a	US$118m
Mar 31 2018	n/a	n/a	US$205m
Dec 31 2017	US$17m	US$2m	US$300m

Compensation vs Market: Dominic's total compensation ($USD7.49M) is above average for companies of similar size in the German market ($USD1.92M).

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

CEO

Dominic Silvester (63 yo)

23.8yrs

Tenure

US$7,492,326

Compensation

Mr. Dominic F. Silvester has served as Director and the Chief Executive Officer of Enstar Group Limited since its formation in 2001. Mr. Silvester Co-Founded Enstar Group Ltd. in 2001.He began a business...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dominic Silvester	Co-Founder	23.8yrs	US$7.49m	4.49% € 204.5m
Orla Gregory	President & Director	1.7yrs	US$15.75m	0.37% € 16.9m
Paul O'Shea	Co-Founder & Director	23.8yrs	US$183.33k	0.67% € 30.7m
Matthew Kirk	Chief Financial Officer	1.7yrs	US$1.50m	0.015% € 665.9k
Nazar Alobaidat	Chief Investment Officer	8.8yrs	US$3.07m	0.047% € 2.1m
Paul Michael Brockman	Group Chief Commercial Officer	less than a year	US$3.56m	0.090% € 4.1m
David Ni	Chief Strategy Officer	2.5yrs	US$3.92m	0.011% € 500.1k
Girish Ramanathan	Principal Accounting Officer	1.3yrs	no data	0.0018% € 83.4k
Audrey Taranto	General Counsel & Corporate Secretary	12.6yrs	no data	0.049% € 2.2m
Sarah Ruberry	Group Chief Compliance Officer	1.3yrs	no data	no data
Laurence Plumb	Chief of Business Operations	no data	no data	0.0092% € 418.6k
Seema Thaper	Chief Risk Officer	3.2yrs	no data	0.0067% € 305.2k

2.5yrs

Average Tenure

51yo

Average Age

Experienced Management: 48R's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dominic Silvester	Co-Founder	23.8yrs	US$7.49m	4.49% € 204.5m
Orla Gregory	President & Director	2.8yrs	US$15.75m	0.37% € 16.9m
Paul O'Shea	Co-Founder & Director	23.8yrs	US$183.33k	0.67% € 30.7m
Bernard Becker	Independent Director	9.8yrs	US$255.00k	0.016% € 707.4k
Hans-Peter Gerhardt	Independent Director	9.2yrs	US$220.00k	0.10% € 4.7m
Sharon Beesley	Independent Director	3.1yrs	US$208.00k	0.0097% € 443.2k
Susan Cross	Independent Director	4.1yrs	US$225.00k	0.013% € 599.0k
Robert Campbell	Independent Chairman of the Board	17.3yrs	US$418.00k	0.93% € 42.3m
Poul Winslow	Independent Director	9.2yrs	US$220.00k	0.0026% € 117.5k
Hiteshkumar Patel	Non-Executive Independent Director	9.5yrs	US$243.00k	0.0033% € 150.3k
Willard Hendry	Independent Director	5.4yrs	US$218.00k	0.015% € 681.0k
James Carey	Director	11yrs	US$210.00k	0.065% € 3.0m

9.3yrs

Average Tenure

65yo

Average Age

Experienced Board: 48R's board of directors are considered experienced (9.3 years average tenure).

Enstar Group Management

Management criteria checks 3/4

Key information

Recent management updates

Enstar Group Limited, Annual General Meeting, Jun 06, 2024

Co-Founder recently bought €4.9m worth of stock

Co-Founder recently bought €4.9m worth of stock

Enstar Group Limited Announces Executive Changes

Enstar Group Limited, Annual General Meeting, Jun 01, 2022

Enstar Group Limited Appoints Orla Gregory to its Board of Directors

Recent updates

J.C. Flowers & Co. LLC, Liberty 77 Capital L.P., Sixth Street Partners, LLC and other institutional investors entered into a definitive merger agreement to acquire remaining 95.13% stake in Enstar Group Limited (NasdaqGS:ESGR) from Enstar shareholders for $5 billion.

Second quarter 2024 earnings released: EPS: US$8.59 (vs US$1.36 in 2Q 2023)

J.C. Flowers & Co. LLC, Liberty 77 Capital L.P., Sixth Street Partners, LLC and other institutional investors entered into a definitive merger agreement to acquire an remaining unknown majority stake in Enstar Group Limited (NasdaqGS:ESGR) from Enstar shareholders.

J.C. Flowers & Co. LLC, Liberty 77 Capital L.P., Sixth Street Partners, LLC and other institutional investors entered into a definitive merger agreement to acquire an remaining unknown majority stake in Enstar Group Limited (NasdaqGS:ESGR) from Enstar shareholders.

First quarter 2024 earnings released: EPS: US$8.13 (vs US$24.97 in 1Q 2023)

Enstar Group Limited, Annual General Meeting, Jun 06, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$72.29 (vs US$52.65 loss in FY 2022)

Third quarter 2023 earnings released

Enstar Group Limited (NasdaqGS:ESGR) announces an Equity Buyback for 50,000 shares, for $11.36 million.

Second quarter 2023 earnings released: EPS: US$1.36 (vs US$25.20 loss in 2Q 2022)

First quarter 2023 earnings released

Full year 2022 earnings released: US$51.12 loss per share (vs US$22.05 profit in FY 2021)

Co-Founder recently bought €4.9m worth of stock

Co-Founder recently bought €4.9m worth of stock

Third quarter 2022 earnings released: US$26.10 loss per share (vs US$10.68 loss in 3Q 2021)

Second quarter 2022 earnings released

Enstar Group Limited Announces Executive Changes

First quarter 2022 earnings released

Enstar Group Limited (NasdaqGS:ESGR) announces an Equity Buyback for $200 million worth of its shares.

Enstar Group Limited, Annual General Meeting, Jun 01, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Enstar Group Limited Appoints Orla Gregory to its Board of Directors

Enstar Group Limited (NasdaqGS:ESGR) announces an Equity Buyback for $100 million worth of its shares.

Third quarter 2021 earnings released

Independent Chairman of the Board recently bought €377k worth of stock

Second quarter 2021 earnings released

Arch Capital Group Ltd. (NasdaqGS:ACGL), Warburg Pincus LLC and Kelso & Company, L.P. completed the acquisition of remaining 87.4% stake in Watford Holdings Ltd. (NasdaqGS:WTRE) from Enstar Group Limited (NasdaqGS:ESGR) and others.

Chief Accounting Officer has left the company

First quarter 2021 earnings released

Inigo Limited completed the acquisition of StarStone Underwriting Limited from Stone Point Capital LLC, Enstar Group Limited (NasdaqGS:ESGR) and funds managed Dowling Capital Management, LLC.

CFO & Principal Accounting Officer has left the company

Enstar Group Limited Approves the Appointment of Zachary Wolf to the Role of Chief Financial Officer

Full year 2020 earnings released: EPS US$77.17 (vs US$42.00 in FY 2019)

Enstar Group Limited's Subsidiary Announces ADC Agreement With AXA XL

New 90-day high: €181

Aquarian Holdings LLC entered into a definitive agreement to acquire Pavonia Life Insurance Company of New York from Enstar Group Limited (NasdaqGS:ESGR).

Enstar Group Limited Announces Resignation of Jie Liu from its Board of Directors

Director has left the company

Enstar Group Limited's Wholly Owned Subsidiary Announces Reinsurance Transaction with Subsidiaries of Prosight Global, Inc

New 90-day high: €176

New 90-day high: €171

Enstar Group Limited (NasdaqGS:ESGR) made a non-binding indicative proposal to acquire the remaining 90.87% stake in Watford Holdings Ltd. (NasdaqGS:WTRE) for approximately $560 million.

Enstar Makes Bid for Acquisition of Watford

New 90-day low: €129

Enstar Group Limited (NasdaqGS:ESGR) signed an exchange agreement to acquire additional unknown minority stake in StarStone US Holdings Inc. from Trident V, L.P. of Stone Point Capital LLC.

New 90-day high - €154

First half earnings released

New 90-day high - €152

Enstar Group Limited(NasdaqGS:ESGR) dropped from Russell 2000 Growth-Defensive Index

Enstar Group Limited(NasdaqGS:ESGR) dropped from Russell 2500 Growth Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age