Mercury General Corporation

DB:MCG Stock Report

Market Cap: €4.1b

Mercury General Management

Management criteria checks 4/4

Mercury General's CEO is Gabe Tirador, appointed in Jan 2007, has a tenure of 17.83 years. total yearly compensation is $1.70M, comprised of 71.9% salary and 28.1% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth €3.82M. The average tenure of the management team and the board of directors is 9.7 years and 7.8 years respectively.

Key information

Gabe Tirador

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage71.9%
CEO tenure17.8yrs
CEO ownership0.09%
Management average tenure9.7yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gabe Tirador's remuneration changed compared to Mercury General's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$558m

Jun 30 2024n/an/a

US$319m

Mar 31 2024n/an/a

US$215m

Dec 31 2023US$2mUS$1m

US$96m

Sep 30 2023n/an/a

-US$102m

Jun 30 2023n/an/a

-US$192m

Mar 31 2023n/an/a

-US$361m

Dec 31 2022US$1mUS$1m

-US$513m

Sep 30 2022n/an/a

-US$475m

Jun 30 2022n/an/a

-US$376m

Mar 31 2022n/an/a

-US$56m

Dec 31 2021US$2mUS$1m

US$248m

Sep 30 2021n/an/a

US$384m

Jun 30 2021n/an/a

US$502m

Mar 31 2021n/an/a

US$621m

Dec 31 2020US$3mUS$1m

US$375m

Sep 30 2020n/an/a

US$240m

Jun 30 2020n/an/a

US$190m

Mar 31 2020n/an/a

US$45m

Dec 31 2019US$2mUS$1m

US$320m

Sep 30 2019n/an/a

US$207m

Jun 30 2019n/an/a

US$196m

Mar 31 2019n/an/a

US$173m

Dec 31 2018US$2mUS$1m

-US$6m

Sep 30 2018n/an/a

US$96m

Jun 30 2018n/an/a

US$84m

Mar 31 2018n/an/a

US$75m

Dec 31 2017US$1mUS$975k

US$145m

Compensation vs Market: Gabe's total compensation ($USD1.70M) is about average for companies of similar size in the German market ($USD1.93M).

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

CEO

Gabe Tirador (59 yo)

17.8yrs

Tenure

US$1,698,348

Compensation

Mr. Gabriel Tirador, also known as Gabe, is CEO & Director of Mercury General Corporation from January 01, 2024. He was President, CEO & Director of Mercury General Corporation from January 2007 to January...

Leadership Team

NamePositionTenureCompensationOwnership
George Joseph
Executive Chairman of the Board63.8yrsUS$1.63m35.34%
€ 1.5b
Gabriel Tirador
CEO & Director17.8yrsUS$1.70m0.092%
€ 3.8m
Theodore Stalick
Senior VP & CFO23.1yrsUS$1.06m0.010%
€ 426.1k
Christopher Graves
VP & Chief Investment Officer26.8yrsUS$871.55k0.012%
€ 511.7k
Wilson Pang
VP & Chief Technology Officer1.7yrsUS$1.11mno data
Victor Joseph
President2.8yrsUS$523.54k0.000060%
€ 2.5k
Brandt Minnich
VP & Chief Sales Development Officerno datano datano data
Erik Thompson
VP & Chief Marketing Officerno datano datano data
Heidi Sullivan
VP & Chief Human Capital Officerno datano data0%
€ 0
Randall Petro
VP & Chief Claims Officer9.7yrsno datano data
Jeffrey Schroeder
VP & Chief Product Officerno dataUS$605.69kno data
Kelly Butler
VP & Chief Underwriting Officer2.8yrsno datano data

9.7yrs

Average Tenure

56yo

Average Age

Experienced Management: MCG's management team is seasoned and experienced (9.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
George Joseph
Executive Chairman of the Board63.8yrsUS$1.63m35.34%
€ 1.5b
Gabriel Tirador
CEO & Director21.8yrsUS$1.70m0.092%
€ 3.8m
Victor Joseph
Presidentless than a yearUS$523.54k0.000060%
€ 2.5k
James Ellis
Independent Director10.8yrsUS$75.10kno data
Joshua Little
Independent Director7.8yrsUS$87.00k0.0059%
€ 242.8k
Martha Marcon
Lead Independent Director16.3yrsUS$122.60kno data
Ramona Cappello
Independent Director6.1yrsUS$83.70kno data
George Braunegg
Independent Director6.1yrsUS$96.90k0.0045%
€ 187.0k
Wai Joseph
Independent Director3.1yrsUS$60.00k0.011%
€ 442.6k

7.8yrs

Average Tenure

66yo

Average Age

Experienced Board: MCG's board of directors are considered experienced (7.8 years average tenure).