RLI Management
Management criteria checks 2/4
RLI's CEO is Craig Kliethermes, appointed in Jan 2016, has a tenure of 9.33 years. total yearly compensation is $6.62M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth €10.36M. The average tenure of the management team and the board of directors is 6.7 years and 7.4 years respectively.
Key information
Craig Kliethermes
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 10.15% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.7yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$281m |
| Dec 31 2024 | US$7m | US$672k | US$346m |
| Sep 30 2024 | n/a | n/a | US$420m |
| Jun 30 2024 | n/a | n/a | US$338m |
| Mar 31 2024 | n/a | n/a | US$334m |
| Dec 31 2023 | US$5m | US$650k | US$305m |
| Sep 30 2023 | n/a | n/a | US$288m |
| Jun 30 2023 | n/a | n/a | US$714m |
| Mar 31 2023 | n/a | n/a | US$634m |
| Dec 31 2022 | US$5m | US$649k | US$583m |
| Sep 30 2022 | n/a | n/a | US$581m |
| Jun 30 2022 | n/a | n/a | US$170m |
| Mar 31 2022 | n/a | n/a | US$254m |
| Dec 31 2021 | US$5m | US$538k | US$279m |
| Sep 30 2021 | n/a | n/a | US$268m |
| Jun 30 2021 | n/a | n/a | US$281m |
| Mar 31 2021 | n/a | n/a | US$291m |
| Dec 31 2020 | US$3m | US$525k | US$157m |
| Sep 30 2020 | n/a | n/a | US$127m |
| Jun 30 2020 | n/a | n/a | US$117m |
| Mar 31 2020 | n/a | n/a | US$65m |
| Dec 31 2019 | US$3m | US$516k | US$192m |
| Sep 30 2019 | n/a | n/a | US$118m |
| Jun 30 2019 | n/a | n/a | US$125m |
| Mar 31 2019 | n/a | n/a | US$117m |
| Dec 31 2018 | US$2m | US$490k | US$64m |
Compensation vs Market: Craig's total compensation ($USD6.62M) is above average for companies of similar size in the German market ($USD2.99M).
Compensation vs Earnings: Craig's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Craig Kliethermes (59 yo)
9.3yrs
Tenure
US$6,616,111
Compensation
Mr. Craig William Kliethermes, FCAS, MAAA, CPCU, serves as Chief Executive Officer at RLI Corp since January 01, 2022. He has been President at RLI Corp. since 2016 and served as its Chief Operating Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | US$6.62m | 0.17% € 10.4m | |
| Chief Financial Officer | 5.8yrs | US$3.23m | 0.14% € 8.9m | |
| Chief Operating Officer | 3.3yrs | US$4.23m | 0.15% € 9.2m | |
| Chief Investment Officer & Treasurer | 13.3yrs | US$1.24m | 0.082% € 5.0m | |
| Chief Legal Officer & Corporate Secretary | 8.6yrs | US$1.08m | 0.18% € 11.2m | |
| Vice President of Accounting & Branch Operations | 6.3yrs | no data | no data | |
| VP & Chief Information Officer | 7.7yrs | no data | no data | |
| Vice President of Marketing & Communications | 6.3yrs | no data | no data | |
| Vice President of Human Resources | 8.5yrs | no data | no data | |
| Chief Claim Officer | 7yrs | no data | no data | |
| Senior Vice President of Underwriting | 2.3yrs | no data | no data | |
| VP & Controller | 5.8yrs | no data | 0.029% € 1.8m |
6.7yrs
Average Tenure
55yo
Average Age
Experienced Management: RL1's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$6.62m | 0.17% € 10.4m | |
| Independent Director | 12.8yrs | US$209.92k | 0.47% € 28.9m | |
| Independent Director | 8.8yrs | US$209.92k | 0.027% € 1.7m | |
| Independent Director | 6.8yrs | US$214.92k | 0.0042% € 255.8k | |
| Independent Director | 20.5yrs | US$204.92k | 0.014% € 859.5k | |
| Independent Director | 2.5yrs | US$204.92k | 0.0030% € 181.6k | |
| Independent Chairman of the Board | 8yrs | US$309.66k | 0.0079% € 482.2k | |
| Independent Director | 11.4yrs | US$224.92k | 0.026% € 1.6m | |
| Independent Director | 6.8yrs | US$199.92k | 0.000050% € 3.1k | |
| Independent Director | 1.3yrs | US$199.92k | 0.0016% € 96.3k |
7.4yrs
Average Tenure
63yo
Average Age
Experienced Board: RL1's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/13 03:50 |
| End of Day Share Price | 2025/05/13 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Management | 10 years |
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| 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
RLI Corp. is covered by 18 analysts. 7 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 |
|---|---|
| Cullen Johnson | B. Riley Securities, Inc. |
| Matthew Carletti | Citizens JMP Securities, LLC |
| Casey Alexander | Compass Point Research & Trading, LLC |