The Hanover Insurance Group, Inc.

DB:AF4 Stock Report

Market Cap: €6.8b

Hanover Insurance Group Management

Management criteria checks 3/4

Hanover Insurance Group's CEO is Jack Roche, appointed in Nov 2017, has a tenure of 8.75 years. total yearly compensation is $10.49M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth €24.54M. The average tenure of the management team and the board of directors is 5.3 years and 7.9 years respectively.

Key information

Jack Roche

Chief executive officer

US$10.5m

Total compensation

CEO salary percentage10.86%
CEO tenure8.8yrs
CEO ownership0.4%
Management average tenure5.3yrs
Board average tenure7.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jack Roche's remuneration changed compared to Hanover Insurance Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$754m

Mar 31 2026n/an/a

US$719m

Dec 31 2025US$10mUS$1m

US$661m

Sep 30 2025n/an/a

US$631m

Jun 30 2025n/an/a

US$555m

Mar 31 2025n/an/a

US$438m

Dec 31 2024US$10mUS$1m

US$425m

Sep 30 2024n/an/a

US$365m

Jun 30 2024n/an/a

US$271m

Mar 31 2024n/an/a

US$161m

Dec 31 2023US$8mUS$1m

US$34m

Sep 30 2023n/an/a

-US$86m

Jun 30 2023n/an/a

-US$93m

Mar 31 2023n/an/a

-US$500k

Dec 31 2022US$7mUS$1m

US$117m

Sep 30 2022n/an/a

US$292m

Jun 30 2022n/an/a

US$326m

Mar 31 2022n/an/a

US$433m

Dec 31 2021US$7mUS$1m

US$420m

Sep 30 2021n/an/a

US$423m

Jun 30 2021n/an/a

US$508m

Mar 31 2021n/an/a

US$494m

Dec 31 2020US$6mUS$1m

US$362m

Sep 30 2020n/an/a

US$306m

Jun 30 2020n/an/a

US$298m

Mar 31 2020n/an/a

US$268m

Dec 31 2019US$5mUS$937k

US$429m

Compensation vs Market: Jack's total compensation ($USD10.49M) is above average for companies of similar size in the German market ($USD2.77M).

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


CEO

Jack Roche (62 yo)

8.8yrs
Tenure
US$10,486,571
Compensation

Mr. John Conner Roche, also known as Jack, was President, CEO & Director of Allmerica Financial Alliance Insurance Company from November 04, 2017. Mr. Roche Vice Chair of American Institute For Chartered P...


Leadership Team

NamePositionTenureCompensationOwnership
John Roche
President8.8yrsUS$10.49m0.36%
€ 24.6m
Jeffrey Farber
Executive VP & CFO9.8yrsUS$4.55m0.17%
€ 11.4m
Richard Lavey
Executive VP & COO1.3yrsUS$3.55m0.080%
€ 5.4m
Dennis Kerrigan
Executive VP6.3yrsUS$2.14m0.024%
€ 1.6m
Bryan Salvatore
Executive VP & President of Specialty9.2yrsUS$3.20m0.067%
€ 4.5m
Lindsay Greenfield
Senior VP & Chief investment Officer4.4yrsno datano data
Patricia Norton-Gatto
Senior VP1.5yrsno datano data
Oksana Lukasheva
Senior Vice President of Corporate Financeno datano datano data
Toni Mitchell
President of Technology & Life Sciences Business1yrno datano data
Willard Lee
Executive VP and Chief Information & Innovation Officer5.3yrsno data0.017%
€ 1.2m
Jennifer Luisa
Senior VP & Chief Marketing Officer4.4yrsno datano data
Denise Tinger Lowsley
Executive VP & Chief Human Resources Officer6.8yrsno data0.0047%
€ 318.7k
5.3yrs
Average Tenure
59.5yo
Average Age

Experienced Management: AF4's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Roche
President8.8yrsUS$10.49m0.36%
€ 24.6m
Joseph Ramrath
Independent Director22.5yrsUS$295.00k0.095%
€ 6.4m
Kathleen Lane
Independent Director7.9yrsUS$280.00k0.0055%
€ 375.0k
Theodore Bunting
Independent Director5.9yrsUS$280.00k0.014%
€ 971.8k
William Donnell
Independent Director1.3yrsUS$285.00kno data
Elizabeth A. Chicares
Independent Director4.1yrsUS$280.00k0.014%
€ 980.6k
Cynthia Egan
Independent Chairperson & Independent Presiding Director11.3yrsUS$416.00k0.027%
€ 1.8m
James Condrin
Independent Director5.5yrsUS$300.00k0.016%
€ 1.1m
Francisco Aristeguieta Silva
Independent Director4.2yrsUS$275.00k0.0092%
€ 625.3k
Jane Carlin
Independent Director9.7yrsUS$301.00k0.0041%
€ 277.4k
Kevin Bradicich
Independent Director8.5yrsUS$276.00k0.027%
€ 1.8m
7.9yrs
Average Tenure
68yo
Average Age

Experienced Board: AF4's board of directors are considered experienced (7.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/17 21:59
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Hanover Insurance Group, Inc. is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jay GelbBarclays
Michael ZaremskiBMO Capital Markets Equity Research
Grace CarterBofA Global Research