Ambac Financial Group Management
Management criteria checks 2/4
Ambac Financial Group's CEO is Claude LeBlanc, appointed in Jan 2017, has a tenure of 7.92 years. total yearly compensation is $6.92M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 1.11% of the company’s shares, worth €6.15M. The average tenure of the management team and the board of directors is 7.6 years and 6.8 years respectively.
Key information
Claude LeBlanc
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | 7.9yrs |
| CEO ownership | 1.1% |
| Management average tenure | 7.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$21m |
| Jun 30 2024 | n/a | n/a | US$75m |
| Mar 31 2024 | n/a | n/a | US$62m |
| Dec 31 2023 | US$7m | US$900k | US$9m |
| Sep 30 2023 | n/a | n/a | US$197m |
| Jun 30 2023 | n/a | n/a | US$471m |
| Mar 31 2023 | n/a | n/a | US$489m |
| Dec 31 2022 | US$6m | US$900k | US$525m |
| Sep 30 2022 | n/a | n/a | US$327m |
| Jun 30 2022 | n/a | n/a | US$4m |
| Mar 31 2022 | n/a | n/a | -US$31m |
| Dec 31 2021 | US$7m | US$900k | -US$29m |
| Sep 30 2021 | n/a | n/a | -US$23m |
| Jun 30 2021 | n/a | n/a | -US$148m |
| Mar 31 2021 | n/a | n/a | -US$153m |
| Dec 31 2020 | US$6m | US$900k | -US$437m |
| Sep 30 2020 | n/a | n/a | -US$533m |
| Jun 30 2020 | n/a | n/a | -US$359m |
| Mar 31 2020 | n/a | n/a | -US$453m |
| Dec 31 2019 | US$6m | US$900k | -US$216m |
| Sep 30 2019 | n/a | n/a | -US$126m |
| Jun 30 2019 | n/a | n/a | -US$296m |
| Mar 31 2019 | n/a | n/a | -US$163m |
| Dec 31 2018 | US$6m | US$900k | US$186m |
| Sep 30 2018 | n/a | n/a | US$187m |
| Jun 30 2018 | n/a | n/a | US$100m |
| Mar 31 2018 | n/a | n/a | US$102m |
| Dec 31 2017 | US$2m | US$900k | -US$329m |
Compensation vs Market: Claude's total compensation ($USD6.92M) is above average for companies of similar size in the German market ($USD1.01M).
Compensation vs Earnings: Claude's compensation has increased whilst the company is unprofitable.
CEO
Claude LeBlanc (59 yo)
7.9yrs
Tenure
US$6,917,719
Compensation
Mr. Claude L. LeBlanc serves as Chief Executive officer and Director at Drivers Edge Insurance Company since 2022 until 2024. He has been Chief Executive Officer and Director of 21st Century Auto Insurance...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | US$6.92m | 1.11% € 6.2m | |
| Executive VP | 18.6yrs | US$2.46m | 0.33% € 1.8m | |
| Senior MD & General Counsel | 13.4yrs | US$2.09m | 0.25% € 1.4m | |
| Senior MD & Head of Risk Management | no data | US$2.14m | 0.33% € 1.8m | |
| Executive VP & Chief Strategy Officer | 7.6yrs | US$2.12m | 0.16% € 871.4k | |
| Senior MD & COO | 3yrs | no data | 0.018% € 97.0k | |
| Senior MD | 15.1yrs | US$1.03m | 0.14% € 788.7k | |
| MD & Head of Investor Relation | 2.8yrs | no data | no data | |
| Director of Corporate Communications | 2.7yrs | no data | no data | |
| Managing Director of Ambac UK & Europe | no data | no data | no data | |
| First VP | no data | no data | no data | |
| President of Cirrata Group | 1.6yrs | no data | no data |
7.6yrs
Average Tenure
55.5yo
Average Age
Experienced Management: FGPN's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | US$6.92m | 1.11% € 6.2m | |
| Independent Director | 3.3yrs | US$308.17k | 0.031% € 169.7k | |
| Independent Director | 6.8yrs | US$316.59k | 0% € 0 | |
| Independent Director | 1.5yrs | US$146.74k | 0.019% € 105.0k | |
| Independent Director | 1.5yrs | US$146.74k | 0.19% € 1.0m | |
| Independent Director | 8.8yrs | US$325.36k | 0% € 0 | |
| Independent Chairman of the Board | 11.6yrs | US$437.56k | 0.074% € 408.2k |
6.8yrs
Average Tenure
58yo
Average Age
Experienced Board: FGPN's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ambac Financial Group, Inc. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Giuliano Anderes Bologna | BTIG |
| Catherine Seifert | CFRA Equity Research |
| Mary Kane | Citigroup Inc |