QBE Insurance Group Management
Management criteria checks 4/4
QBE Insurance Group's CEO is Andrew Horton, appointed in Sep 2021, has a tenure of 2.58 years. total yearly compensation is $4.59M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth €3.69M. The average tenure of the management team and the board of directors is 2.9 years and 3.5 years respectively.
Key information
Andrew Horton
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 27.0% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.9yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$5m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$896m |
| Dec 31 2022 | US$5m | US$1m | US$537m |
| Sep 30 2022 | n/a | n/a | US$422m |
| Jun 30 2022 | n/a | n/a | US$307m |
| Mar 31 2022 | n/a | n/a | US$504m |
| Dec 31 2021 | US$3m | US$431k | US$700m |
Compensation vs Market: Andrew's total compensation ($USD4.59M) is about average for companies of similar size in the German market ($USD5.57M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
CEO
Andrew Horton
2.6yrs
Tenure
US$4,586,000
Compensation
Mr. Andrew Horton, BA Natural Sciences, ACA, serves as Group CEO & Director at QBE Insurance Group Limited since September 01, 2021. He has been the Chief Executive Officer of Beazley Furlonge Ltd. since 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 2.6yrs | US$4.59m | 0.023% $ 3.7m | |
| Group Chief Financial Officer | 6yrs | US$2.55m | 0.0068% $ 1.1m | |
| Group Chief People Officer | 2.3yrs | US$1.30m | 0.0019% $ 302.0k | |
| Chief Executive Officer of International | 3.5yrs | US$2.41m | 0.0047% $ 756.6k | |
| Group Chief Risk Officer | 3.1yrs | US$1.38m | 0.00059% $ 95.8k | |
| Chief Executive Officer of Australia Pacific | 2.7yrs | US$1.99m | 0.0052% $ 841.0k | |
| Chief Executive Officer of North America | 1.3yrs | US$579.00k | no data | |
| Group Chief Underwriting Officer | less than a year | US$1.09m | 0% $ 0 | |
| Group Executive of Technology & Operations | 3.3yrs | no data | no data | |
| Group Head of Investor Relations | no data | no data | no data | |
| Group General Counsel & Company Secretary | 8.3yrs | no data | no data | |
| Head of Specialty Insurance | no data | no data | no data |
2.9yrs
Average Tenure
Experienced Management: QBE's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 2.6yrs | US$4.59m | 0.023% $ 3.7m | |
| Independent Non-Executive Director | less than a year | US$75.00k | 0.00010% $ 16.2k | |
| Independent Chairman | 7.4yrs | US$534.00k | 0.0064% $ 1.0m | |
| Independent Non-Executive Director | 1.8yrs | US$224.00k | 0.0012% $ 198.1k | |
| Independent Non-Executive Director | 7.6yrs | US$226.00k | 0.0036% $ 589.4k | |
| Independent Non-Executive Director | less than a year | no data | 0.000020% $ 3.2k | |
| Independent Non-Executive Director | 3.6yrs | US$224.00k | 0.00095% $ 154.2k | |
| Independent Non-Executive Director | 8.1yrs | US$243.00k | 0.0055% $ 889.7k | |
| Independent Non-Executive Director | 9.8yrs | US$226.00k | 0.0032% $ 517.9k | |
| Independent Non-Executive Director | 9.5yrs | US$241.00k | 0.0047% $ 756.6k | |
| Non-Executive Director of QBE Australia Pacific Board | 3.5yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | US$38.00k | 0.000040% $ 6.5k |
3.5yrs
Average Tenure
65yo
Average Age
Experienced Board: QBE's board of directors are considered experienced (3.5 years average tenure).