RenaissanceRe Holdings Management

Management criteria checks 2/4

RenaissanceRe Holdings' CEO is Kevin O'Donnell, appointed in Nov 2012, has a tenure of 11.83 years. total yearly compensation is $23.65M, comprised of 5% salary and 95% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth €97.98M. The average tenure of the management team and the board of directors is 4.7 years and 8.3 years respectively.

Key information

Kevin O'Donnell

Chief executive officer

US$23.6m

Total compensation

CEO salary percentage	5.0%
CEO tenure	11.8yrs
CEO ownership	0.8%
Management average tenure	4.7yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin O'Donnell's remuneration changed compared to RenaissanceRe Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$3b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$24m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$366m
Mar 31 2023	n/a	n/a	-US$148m
Dec 31 2022	US$10m	US$1m	-US$1b
Sep 30 2022	n/a	n/a	-US$1b
Jun 30 2022	n/a	n/a	-US$960m
Mar 31 2022	n/a	n/a	-US$182m
Dec 31 2021	US$9m	US$1m	-US$74m
Sep 30 2021	n/a	n/a	-US$97m
Jun 30 2021	n/a	n/a	US$400m
Mar 31 2021	n/a	n/a	US$516m
Dec 31 2020	US$10m	US$1m	US$723m
Sep 30 2020	n/a	n/a	US$568m
Jun 30 2020	n/a	n/a	US$557m
Mar 31 2020	n/a	n/a	US$352m
Dec 31 2019	US$11m	US$1m	US$703m
Sep 30 2019	n/a	n/a	US$587m
Jun 30 2019	n/a	n/a	US$583m
Mar 31 2019	n/a	n/a	US$410m
Dec 31 2018	US$11m	US$1m	US$195m
Sep 30 2018	n/a	n/a	US$275m
Jun 30 2018	n/a	n/a	-US$263m
Mar 31 2018	n/a	n/a	-US$281m
Dec 31 2017	US$8m	US$1m	-US$245m

Compensation vs Market: Kevin's total compensation ($USD23.65M) is above average for companies of similar size in the German market ($USD5.36M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.

CEO

Kevin O'Donnell (57 yo)

11.8yrs

Tenure

US$23,647,253

Compensation

Mr. Kevin Joseph O’Donnell has been the Chief Executive Officer and President at RenaissanceRe Holdings Ltd. and Renaissance Reinsurance U.S. Inc. since July 1, 2013 and November 13, 2012 respectively.Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin O'Donnell	President	11.8yrs	US$23.65m	0.78% $ 98.0m
Robert Qutub	Executive VP & CFO	8.1yrs	US$5.90m	0.14% $ 17.8m
Shannon Bender	Executive VP	3.7yrs	US$4.34m	0.046% $ 5.8m
Ross Curtis	Executive VP & Chief Portfolio Officer	1.7yrs	US$6.03m	0.34% $ 42.6m
David Marra	Executive VP & Group Chief Underwriting Officer	1.7yrs	US$4.79m	0.16% $ 20.3m
Sean Brosnan	Chief Investment Officer & Senior VP	7.4yrs	US$2.04m	0.058% $ 7.3m
James Fraser	Chief Accounting Officer & Senior VP	7.8yrs	no data	0.048% $ 6.0m
Blythe Walker	Senior VP & CTO	4.7yrs	no data	no data
Keith McCue	Senior Vice President of Finance & Investor Relations	no data	no data	no data
Keil Gunther	Senior VP	no data	no data	no data
Becket McNab	Chief Human Resources Officer	2.7yrs	no data	no data
Bryan Dalton	Chief Underwriting Officer of Property	no data	no data	no data

4.7yrs

Average Tenure

51yo

Average Age

Experienced Management: RRJ's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin O'Donnell	President	11.2yrs	US$23.65m	0.78% $ 98.0m
Cynthia Trudell	Independent Director	5.3yrs	US$289.85k	0.010% $ 1.3m
Shyam Gidumal	Independent Director	2.3yrs	US$289.85k	0.0049% $ 610.9k
Duncan Hennes	Independent Director	7.1yrs	US$289.85k	0.014% $ 1.8m
David Bushnell	Independent Director	16.3yrs	US$289.85k	0.035% $ 4.3m
Torsten Jeworrek	Independent Director	1.3yrs	US$258.59k	0.0029% $ 367.0k
Henry Klehm	Independent Director	18.3yrs	US$324.85k	0.040% $ 5.0m
Carol Sanders	Independent Director	8.3yrs	US$324.85k	0.011% $ 1.4m
Brian G. Gray	Independent Director	11.3yrs	US$324.85k	0.048% $ 6.1m
Valerie Rahmani	Independent Director	7.1yrs	US$289.85k	0.014% $ 1.8m
James Gibbons	Independent Non-Executive Chairman of the Board	16.3yrs	US$504.93k	0.058% $ 7.2m

8.3yrs

Average Tenure

64yo

Average Age

Experienced Board: RRJ's board of directors are considered experienced (8.3 years average tenure).

RenaissanceRe Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

President recently bought €2.3m worth of stock

Independent Director recently sold €300k worth of stock

Insufficient new directors

Independent Director recently bought €946k worth of stock

Insufficient new directors

Independent Director recently sold €84k worth of stock

Recent updates

Upcoming dividend of US$0.39 per share

Second quarter dividend of US$0.39 announced

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend, Payable on September 30, 2024

New minor risk - Insider selling

Second quarter 2024 earnings released: EPS: US$9.58 (vs US$4.10 in 2Q 2023)

RenaissanceRe Holdings Ltd. to Report Q2, 2024 Results on Jul 24, 2024

RenaissanceRe Holdings Ltd.(NYSE:RNR) dropped from Russell 1000 Growth-Defensive Index

Upcoming dividend of US$0.39 per share

First quarter dividend of US$0.39 announced

RenaissanceRe Holdings Ltd. (NYSE:RNR) announces an Equity Buyback for $500 million worth of its shares.

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend, Payable on June 28, 2024

First quarter 2024 earnings released: EPS: US$7.06 (vs US$12.95 in 1Q 2023)

RenaissanceRe Holdings Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.39 per share

Fourth quarter dividend of US$0.39 announced

RenaissanceRe Holdings Ltd. Increases Its Quarterly Dividend, Payable on March 29, 2024

Full year 2023 earnings released: EPS: US$53.18 (vs US$25.50 loss in FY 2022)

RenaissanceRe Holdings Ltd. to Report Q4, 2023 Results on Jan 30, 2024

Upcoming dividend of US$0.38 per share at 0.7% yield

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend, Payable on December 29, 2023

RenaissanceRe Holdings Ltd. (NYSE:RNR) completed the acquisition of Validus Holdings, Ltd., Validus Specialty, Inc. and renewal rights, records and customer relationships of Talbot Holdings Ltd. from American International Group, Inc. (NYSE:AIG) for $3.6 billion .

RenaissanceRe Holdings Ltd. to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.38 per share at 0.8% yield

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$4.16 (vs US$7.53 loss in 2Q 2022)

RenaissanceRe Holdings Ltd. to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of US$0.38 per share at 0.8% yield

President recently bought €2.3m worth of stock

RenaissanceRe Holdings Ltd. has completed a Follow-on Equity Offering in the amount of $1.2096 billion.

RenaissanceRe Holdings Ltd. (NYSE:RNR) entered into a stock purchase agreement to acquire Validus Holdings, Ltd., Validus Specialty, Inc. and renewal rights, records and customer relationships of Talbot Holdings Ltd. from American International Group, Inc. (NYSE:AIG) for $3 billion.

First quarter 2023 earnings released: EPS: US$13.36 (vs US$9.10 loss in 1Q 2022)

Upcoming dividend of US$0.38 per share at 0.7% yield

Independent Director recently sold €300k worth of stock

RenaissanceRe Holdings Ltd. Increases Quarterly Dividend, Payable on March 31, 2023

Full year 2022 earnings released: US$25.48 loss per share (vs US$1.57 loss in FY 2021)

Insufficient new directors

RenaissanceRe Holdings Ltd. to Report Q4, 2022 Results on Jan 31, 2023

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend, Payable on December 30, 2022

RenaissanceRe Holdings Ltd. Provides Earnings Guidance for the Third Quarter and Nine Months Ended September 30, 2022

RenaissanceRe Holdings Ltd. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of US$0.37 per share

Independent Director recently bought €946k worth of stock

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend, Payable on September 30, 2022

Second quarter 2022 earnings released: US$7.53 loss per share (vs US$9.40 profit in 2Q 2021)

RenaissanceRe Holdings Ltd. to Report Q2, 2022 Results on Jul 25, 2022

RenaissanceRe Holdings Ltd.(NYSE:RNR) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$0.37 per share

Insufficient new directors

Independent Director recently sold €84k worth of stock

RenaissanceRe Holdings Ltd. (NYSE:RNR) announces an Equity Buyback for $500 million worth of its shares.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age