Everest Group Management

Management criteria checks 3/4

Everest Group's CEO is Juan Andrade, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $9.91M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €21.07M. The average tenure of the management team and the board of directors is 4 years and 9.5 years respectively.

Key information

Juan Andrade

Chief executive officer

US$9.9m

Total compensation

CEO salary percentage	12.6%
CEO tenure	4.8yrs
CEO ownership	0.1%
Management average tenure	4yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Juan Andrade's remuneration changed compared to Everest Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3b
Jun 30 2024	n/a	n/a	US$3b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$10m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$655m
Dec 31 2022	US$9m	US$1m	US$589m
Sep 30 2022	n/a	n/a	US$525m
Jun 30 2022	n/a	n/a	US$772m
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$9m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$999m
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$829m
Dec 31 2020	US$8m	US$1m	US$508m

Compensation vs Market: Juan's total compensation ($USD9.91M) is above average for companies of similar size in the German market ($USD4.85M).

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

CEO

Juan Andrade (58 yo)

4.8yrs

Tenure

US$9,909,531

Compensation

Mr. Juan Carlos Andrade has been Chief Executive Officer and President at Everest Group, Ltd. (formerly known as Everest Re Group, Ltd.) since January 1, 2020. He serves as a Director of Everest Group, Ltd...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Juan Andrade	President	4.8yrs	US$9.91m	0.13% € 21.1m
Mark Kociancic	Executive VP & Group CFO	4.1yrs	US$4.52m	0.064% € 10.1m
James Williamson	Executive VP	4.1yrs	US$3.90m	0.033% € 5.3m
Gail M. Beveren	Executive VP & Chief Human Resources Officer	no data	US$1.97m	0.032% € 5.1m
Michael Karmilowicz	Executive VP & Chairman of Everest Global Insurance	4.3yrs	US$3.46m	0.030% € 4.7m
Seth Vance	Chief Investment Officer	no data	no data	no data
Robert Freiling	Senior VP & Chief Accounting Officer	no data	no data	0.014% € 2.2m
Brian Bedner	Head of Corporate Finance	no data	no data	no data
Srini Maddineni	Group Chief Information Officer	1.8yrs	no data	no data
Matthew Rohrmann	Senior VP & Head of Investor Relations	2.5yrs	no data	no data
Ricardo Anzaldua-Montoya	Executive VP & Group General Counsel	1.4yrs	no data	0.0056% € 875.2k
Dawn Lauer	Senior VP & Chief Communications Officer	3.8yrs	no data	no data

4.0yrs

Average Tenure

56.5yo

Average Age

Experienced Management: ERE's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Juan Andrade	President	4.8yrs	US$9.91m	0.13% € 21.1m
John Graf	Independent Director	8.5yrs	US$464.73k	0.036% € 5.7m
Joseph Taranto	Chairman of the Board	28.7yrs	US$764.73k	0.73% € 114.4m
Meryl Hartzband	Independent Director	5.5yrs	US$464.73k	0.023% € 3.7m
William Galtney	Independent Director	28.7yrs	US$464.73k	0.16% € 24.5m
Roger Singer	Independent Lead Director	14.8yrs	US$474.73k	0.041% € 6.5m
John Amore	Independent Director	12.2yrs	US$464.73k	0.054% € 8.5m
Andrew Kendrick	Non-Executive Chairman of Everest Insurance (Ireland)	1.6yrs	no data	no data
Geraldine Losquadro	Independent Director	10.5yrs	US$464.73k	0.030% € 4.7m
Hazel McNeilage	Independent Non-Executive Director	2yrs	US$660.91k	0.0053% € 829.5k

9.5yrs

Average Tenure

70yo

Average Age

Experienced Board: ERE's board of directors are considered experienced (9.5 years average tenure).

Everest Group Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently bought €919k worth of stock

Everest Group, Ltd. Announces Executive Appointments

Everest Group, Ltd., Annual General Meeting, May 15, 2024

Everest Group, Ltd. Announces Executive Promotions

Everest Group, Ltd. Appoints Glen Browne to Global Head of Accident & Health

Everest Insurance International, an Insurance Unit of Everest Group Names Tomi Latva-Kiskola as Head of Insurance in Asia, Effective 5 February 2024

Recent updates

Third quarter dividend of US$2.00 announced

Everest Group, Ltd. Declares Dividend, Payable on or Before December 13, 2024

Independent Director recently bought €919k worth of stock

Third quarter 2024 earnings released: EPS: US$11.80 (vs US$15.64 in 3Q 2023)

Everest Group, Ltd. to Report Q3, 2024 Results on Oct 30, 2024

Upcoming dividend of US$2.00 per share

Second quarter dividend of US$2.00 announced

Everest Group, Ltd. Announces Dividend, Payable on or Before September 27, 2024

Second quarter 2024 earnings released: EPS: US$16.70 (vs US$16.27 in 2Q 2023)

Everest Group, Ltd. Announces Executive Appointments

Everest Group, Ltd. to Report Q2, 2024 Results on Jul 31, 2024

First quarter dividend of US$2.00 announced

Everest Group, Ltd. Declares Quarterly Dividend, Payable on or Before June 14, 2024

First quarter 2024 earnings released: EPS: US$16.87 (vs US$9.30 in 1Q 2023)

Everest Group, Ltd., Annual General Meeting, May 15, 2024

Everest Group, Ltd. to Report Q1, 2024 Results on Apr 29, 2024

Upcoming dividend of US$1.75 per share

Fourth quarter dividend of US$1.75 announced

Full year 2023 earnings released: EPS: US$60.24 (vs US$15.18 in FY 2022)

Everest Group, Ltd. Announces Dividend, Payable on or before March 27, 2024

Everest Group, Ltd. Announces Executive Promotions

Full year 2023 earnings released: EPS: US$60.19 (vs US$15.10 in FY 2022)

Everest Group, Ltd. to Report Q4, 2023 Results on Feb 07, 2024

Everest Group, Ltd. Appoints Glen Browne to Global Head of Accident & Health

Everest Insurance International, an Insurance Unit of Everest Group Names Tomi Latva-Kiskola as Head of Insurance in Asia, Effective 5 February 2024

Everest Insurance Appoints Patrick Hagerty as SVP and Head for US Retail Property

Upcoming dividend of US$1.75 per share at 1.8% yield

Everest Group, Ltd. Declares Dividend, Payable on or Before December 15, 2023

Third quarter 2023 earnings released: EPS: US$15.63 (vs US$8.22 loss in 3Q 2022)

Everest Group, Ltd. to Report Q3, 2023 Results on Oct 25, 2023

Everest Group Increases Quarterly Dividend, Payable on or Before September 29, 2023

Everest Group Announces Executive Changes

Second quarter 2023 earnings released: EPS: US$16.26 (vs US$3.18 in 2Q 2022)

Everest Re Group, Ltd. Appoints Don Good as Chief Information Security Officer

Everest Re Group, Ltd. to Report Q2, 2023 Results on Jul 26, 2023

Everest Re Appoints Trevor Gallagher as Head of US Facultative

Everest Re Group, Ltd. Appoints Ricardo Anzaldua as Executive Vice President and Group General Counsel, Effective June 12, 2023

Upcoming dividend of US$1.65 per share at 1.8% yield

Everest Re Group, Ltd. Declares Dividend, Payable on or Before June 16, 2023

Everest Re Group, Ltd. has completed a Follow-on Equity Offering in the amount of $1.296 billion.

Everest Re Group, Ltd. has completed a Follow-on Equity Offering in the amount of $1.296 billion.

First quarter 2023 earnings released: EPS: US$9.31 (vs US$7.57 in 1Q 2022)

Upcoming dividend of US$1.65 per share at 1.7% yield

Insufficient new directors

Full year 2022 earnings released: EPS: US$15.19 (vs US$34.66 in FY 2021)

Now 21% undervalued after recent price drop

Now 20% undervalued

Everest Re Group, Ltd. to Report Q4, 2022 Results on Feb 08, 2023

Everest Re Group, Ltd. Announces Demises of John Arthur Weber, the Board Director

Independent Director recently sold €1.1m worth of stock

Executive VP recently sold €215k worth of stock

Everest Re Group, Ltd. Appoints Hazel Mcneilage to Its Board of Directors

Insufficient new directors

Everest Re Group, Ltd. Announces Dividend, Payable on or Before December 16, 2022

Independent Director recently sold €1.3m worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: US$8.22 loss per share (vs US$1.88 loss in 3Q 2021)

Everest Re Group, Ltd. to Report Q3, 2022 Results on Oct 26, 2022

Upcoming dividend of US$1.65 per share

Independent Director recently sold €787k worth of stock

Everest Re Group, Ltd. Declares Dividend, Payable on or Before September 9, 2022

Second quarter 2022 earnings released: EPS: US$3.11 (vs US$16.76 in 2Q 2021)

Everest Reinsurance Appoints Joe Stuhl as Svp for Global Distribution

Everest Re Group, Ltd. to Report Q2, 2022 Results on Jul 27, 2022

Brent Hoffman to Join Everest Reinsurance as Head of Claims and Chief Operations Officer

Insufficient new directors

Everest Re Group, Ltd. Announces David Harris as Senior Vice President and Chief Reserving Actuary

Everest Re Group, Ltd. Announces David Harris as Senior Vice President and Chief Reserving Actuary

Everest Re Group, Ltd. Appoints Matthew Rohrmann as Senior Vice President, Head of Investor Relations