Everest Group Management
Management criteria checks 3/4
Everest Group's CEO is Juan Andrade, appointed in Jan 2020, has a tenure of 4.25 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 €20.95M. The average tenure of the management team and the board of directors is 3.4 years and 8.9 years respectively.
Key information
Juan Andrade
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 12.6% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.4yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD5.66M).
Compensation vs Earnings: Juan's compensation has been consistent with company performance over the past year.
CEO
Juan Andrade (57 yo)
4.3yrs
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 |
|---|---|---|---|---|
| President | 4.3yrs | US$9.91m | 0.13% $ 21.0m | |
| Executive VP & Group CFO | 3.5yrs | US$4.52m | 0.061% $ 10.2m | |
| EVP, Group COO & Head of Everest Insurance Division | 3.5yrs | US$3.90m | 0.031% $ 5.2m | |
| Executive VP & Chief Human Resources Officer | no data | US$1.97m | 0.028% $ 4.7m | |
| Executive VP & Chairman of Everest Global Insurance | 3.8yrs | US$3.46m | 0.027% $ 4.4m | |
| Chief Investment Officer | no data | no data | no data | |
| Senior VP & Chief Accounting Officer | no data | no data | 0.012% $ 2.0m | |
| Head of Corporate Finance | no data | no data | no data | |
| Group Chief Information Officer | 1.3yrs | no data | no data | |
| Senior VP & Head of Investor Relations | 1.9yrs | no data | no data | |
| Executive VP & Group General Counsel | less than a year | no data | no data | |
| Senior VP & Chief Communications Officer | 3.3yrs | no data | no data |
3.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: ERE's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$9.91m | 0.13% $ 21.0m | |
| Independent Director | 7.9yrs | US$464.73k | 0.032% $ 5.3m | |
| Chairman of the Board | 28.1yrs | US$764.73k | 0.64% $ 106.5m | |
| Independent Director | 4.9yrs | US$464.73k | 0.020% $ 3.4m | |
| Independent Director | 28.1yrs | US$464.73k | 0.13% $ 21.8m | |
| Independent Lead Director | 14.2yrs | US$474.73k | 0.037% $ 6.1m | |
| Independent Director | 11.6yrs | US$464.73k | 0.048% $ 7.9m | |
| Non-Executive Chairman of Everest Insurance (Ireland) | less than a year | no data | no data | |
| Independent Director | 9.9yrs | US$464.73k | 0.028% $ 4.7m | |
| Independent Non-Executive Director | 1.4yrs | US$660.91k | 0.0046% $ 773.0k |
8.9yrs
Average Tenure
69yo
Average Age
Experienced Board: ERE's board of directors are considered experienced (8.9 years average tenure).