Universal Insurance Holdings Management

Management criteria checks 3/4

Universal Insurance Holdings' CEO is Steve Donaghy, appointed in Jul 2019, has a tenure of 4.75 years. total yearly compensation is $3.58M, comprised of 27.9% salary and 72.1% bonuses, including company stock and options. directly owns 2.23% of the company’s shares, worth €12.19M. The average tenure of the management team and the board of directors is 3.3 years and 10.3 years respectively.

Key information

Steve Donaghy

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage	27.9%
CEO tenure	4.8yrs
CEO ownership	2.2%
Management average tenure	3.3yrs
Board average tenure	10.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Donaghy's remuneration changed compared to Universal Insurance Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$76m
Dec 31 2023	n/a	n/a	US$67m
Sep 30 2023	n/a	n/a	US$72m
Jun 30 2023	n/a	n/a	US$6m
Mar 31 2023	n/a	n/a	-US$16m
Dec 31 2022	US$4m	US$1m	-US$22m
Sep 30 2022	n/a	n/a	-US$96m
Jun 30 2022	n/a	n/a	-US$3m
Mar 31 2022	n/a	n/a	US$12m
Dec 31 2021	US$4m	US$1m	US$20m
Sep 30 2021	n/a	n/a	US$51m
Jun 30 2021	n/a	n/a	US$27m
Mar 31 2021	n/a	n/a	US$25m
Dec 31 2020	US$3m	US$1m	US$19m
Sep 30 2020	n/a	n/a	-US$14m
Jun 30 2020	n/a	n/a	US$9m
Mar 31 2020	n/a	n/a	US$26m
Dec 31 2019	US$3m	US$804k	US$47m
Sep 30 2019	n/a	n/a	US$91m
Jun 30 2019	n/a	n/a	US$108m
Mar 31 2019	n/a	n/a	US$117m
Dec 31 2018	US$3m	US$804k	US$117m
Sep 30 2018	n/a	n/a	US$160m
Jun 30 2018	n/a	n/a	US$132m
Mar 31 2018	n/a	n/a	US$116m
Dec 31 2017	US$2m	US$804k	US$107m

Compensation vs Market: Steve's total compensation ($USD3.58M) is above average for companies of similar size in the German market ($USD1.04M).

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

CEO

Steve Donaghy (58 yo)

4.8yrs

Tenure

US$3,578,393

Compensation

Mr. Stephen Joseph Donaghy, also known as Steve, has been Chief Executive Officer of Universal Insurance Holdings, Inc. since July 15, 2019 and is its Director since February 26, 2020. Mr. Donaghy was Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sean Downes	Executive Chairman	19.3yrs	US$3.09m	4.04% $ 22.0m
Stephen Donaghy	CEO & Director	4.8yrs	US$3.58m	2.23% $ 12.2m
Frank Wilcox	Chief Financial Officer	10.5yrs	US$944.66k	0.46% $ 2.5m
Kimberly Campos	Chief Information Officer	9.2yrs	US$490.19k	0.032% $ 177.1k
Michael Poloskey	Chief Operating Officer	3.7yrs	no data	no data
Rob Luther	Chief Investment Officer	2.1yrs	no data	no data
Gary Ropiecki	Principal Accounting Officer & Secretary	2.1yrs	no data	0.017% $ 94.2k
Darryl Lewis	Chief Legal Officer	5.7yrs	US$58.33k	no data
Jason Burns	President of Blue Atlantic	3.3yrs	no data	no data
Matthew Palmieri	Chief Risk Officer	2.3yrs	no data	no data
Arash Soleimani	Chief Strategy Officer	2.1yrs	no data	no data
William Degnan	Chief Claims Officer	1.5yrs	no data	no data

3.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 5UI's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sean Downes	Executive Chairman	19.3yrs	US$3.09m	4.04% $ 22.0m
Stephen Donaghy	CEO & Director	4.2yrs	US$3.58m	2.23% $ 12.2m
Kimberly Campos	Chief Information Officer	7.3yrs	US$490.19k	0.032% $ 177.1k
Michael Pietrangelo	Lead Independent Director	14.1yrs	US$176.10k	0.32% $ 1.7m
Joel Wilentz	Independent Director	27.1yrs	US$150.01k	0.88% $ 4.8m
Scott Callahan	Independent Director	10.8yrs	US$165.01k	0.070% $ 383.9k
Shannon Brown	Independent Director	1.4yrs	US$13.69k	0.014% $ 75.5k
Ozzie Schindler	Independent Director	17.3yrs	US$165.01k	0.14% $ 769.9k
Jon Springer	Director	11.2yrs	US$165.01k	1.81% $ 9.9m
Richard Peterson	Independent Director	9.8yrs	US$167.78k	0.071% $ 388.0k
Francis McCahill	Independent Director	2.7yrs	US$214.51k	0.060% $ 326.7k
Marlene Gordon	Independent Director	3.8yrs	US$214.51k	0.056% $ 307.9k

10.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 5UI's board of directors are seasoned and experienced ( 10.3 years average tenure).

Universal Insurance Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Executive Chairman recently sold €357k worth of stock

Executive Chairman recently sold €302k worth of stock

Executive Chairman recently sold €300k worth of stock

CEO & Director recently bought €56k worth of stock

Executive Chairman recently sold €265k worth of stock

Lead Independent Director recently sold €224k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$1.16 (vs US$0.80 in 1Q 2023)

Fourth quarter dividend of US$0.16 announced

Universal Insurance Holdings, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Universal Insurance Holdings, Inc. (NYSE:UVE) announces an Equity Buyback for $20 million worth of its shares.

Executive Chairman recently sold €357k worth of stock

Investor sentiment improves as stock rises 18%

New minor risk - Share price stability

Now 35% overvalued after recent price rise

Full year 2023 earnings released: EPS: US$2.24 (vs US$0.72 loss in FY 2022)

Third quarter dividend of US$0.16 announced

Universal Insurance Holdings, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Executive Chairman recently sold €302k worth of stock

Upcoming dividend of US$0.29 per share at 4.6% yield

Executive Chairman recently sold €300k worth of stock

Third quarter 2023 earnings released: US$0.20 loss per share (vs US$2.36 loss in 3Q 2022)

Universal Insurance Holdings, Inc. to Report Q3, 2023 Results on Oct 26, 2023

CEO & Director recently bought €56k worth of stock

Executive Chairman recently sold €265k worth of stock

Universal Insurance Holdings, Inc. Declares Quarterly Cash Dividend, Payable on August 11, 2023

Second quarter 2023 earnings released: EPS: US$0.94 (vs US$0.24 in 2Q 2022)

Upcoming dividend of US$0.16 per share at 4.9% yield

Universal Insurance Holdings, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Universal Insurance Holdings, Inc.(NYSE:UVE) dropped from Russell 2000 Value-Defensive Index

Lead Independent Director recently sold €224k worth of stock

Executive Chairman recently sold €312k worth of stock

Universal Insurance Holdings, Inc. (NYSE:UVE) announces an Equity Buyback for $20 million worth of its shares.

Executive Chairman recently sold €292k worth of stock

Upcoming dividend of US$0.16 per share at 4.8% yield

First quarter 2023 earnings released: EPS: US$0.80 (vs US$0.56 in 1Q 2022)

Executive Chairman recently sold €341k worth of stock

Upcoming dividend of US$0.16 per share at 3.3% yield

Full year 2022 earnings released

Universal Insurance Holdings, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Universal Insurance Holdings, Inc. (NYSE:UVE) announces an Equity Buyback for $8 million worth of its shares.

Now 22% undervalued after recent price drop

Director recently sold €182k worth of stock

Upcoming dividend of US$0.29 per share

Universal Insurance Holdings, Inc. Declares Quarterly Cash Dividend, Payable on December 16, 2022

Universal Insurance Holdings, Inc. Appoints Shannon A. Brown as A Member of the Board

Third quarter 2022 earnings released: US$2.36 loss per share (vs US$0.65 profit in 3Q 2021)

Universal Insurance Holdings, Inc. Appoints William Degnan as Chief Claims Officer

Universal Insurance Holdings, Inc. to Report Q3, 2022 Results on Oct 27, 2022

CEO & Director recently bought €116k worth of stock

Executive Chairman recently sold €241k worth of stock

Second quarter 2022 earnings released: EPS: US$0.24 (vs US$0.70 in 2Q 2021)

Universal Insurance Holdings, Inc. Appoints Elizabeth Hansen as Chief Actuary

Universal Insurance Holdings, Inc. Declares Quarterly Cash Dividend, Payable on August 9, 2022

Universal Insurance Holdings, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Executive Chairman recently sold €245k worth of stock

Upcoming dividend of US$0.16 per share

Universal Insurance Holdings, Inc., Annual General Meeting, Jun 10, 2022

First quarter 2022 earnings released: EPS: US$0.56 (vs US$0.85 in 1Q 2021)

Universal Insurance Holdings, Inc. Declares Quarterly Cash Dividend, Payable on May 20, 2022

Universal Insurance Holdings, Inc. to Report Q1, 2022 Results on Apr 28, 2022

CEO & Director recently bought €106k worth of stock

Upcoming dividend of US$0.16 per share

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

Investor sentiment deteriorated over the past week

Universal Insurance Holdings, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Universal Insurance Holdings, Inc. Declares Quarterly Dividend, Payable on March 17, 2022

Upcoming dividend of US$0.29 per share

Universal Insurance Holdings, Inc. announced that it has received $100 million in funding

Third quarter 2021 earnings released: EPS US$0.65 (vs US$0.10 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.70 (vs US$0.62 in 2Q 2020)

Universal Insurance Holdings, Inc.(NYSE:UVE) dropped from Russell 2000 Growth-Defensive Index

Independent Director Ralph Palmieri has left the company

Upcoming dividend of US$0.16 per share

First quarter 2021 earnings released: EPS US$0.85 (vs US$0.62 in 1Q 2020)

Universal Insurance Holdings, Inc. Provides Earnings Guidance for the Fiscal Year of 2021