Kemper Management

Management criteria checks 2/4

Kemper's CEO is Joe Lacher, appointed in Nov 2015, has a tenure of 8.42 years. total yearly compensation is $8.53M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €6.77M. The average tenure of the management team and the board of directors is 6.3 years and 5.8 years respectively.

Key information

Joe Lacher

Chief executive officer

US$8.5m

Total compensation

CEO salary percentage	11.7%
CEO tenure	8.4yrs
CEO ownership	0.2%
Management average tenure	6.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Lacher's remuneration changed compared to Kemper's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$9m	US$1m	-US$272m
Sep 30 2023	n/a	n/a	-US$391m
Jun 30 2023	n/a	n/a	-US$320m
Mar 31 2023	n/a	n/a	-US$295m
Dec 31 2022	US$8m	US$1m	-US$287m
Sep 30 2022	n/a	n/a	-US$339m
Jun 30 2022	n/a	n/a	-US$339m
Mar 31 2022	n/a	n/a	-US$330m
Dec 31 2021	US$8m	US$1m	-US$124m
Sep 30 2021	n/a	n/a	US$83m
Jun 30 2021	n/a	n/a	US$280m
Mar 31 2021	n/a	n/a	US$469m
Dec 31 2020	US$9m	US$1m	US$410m
Sep 30 2020	n/a	n/a	US$437m
Jun 30 2020	n/a	n/a	US$443m
Mar 31 2020	n/a	n/a	US$439m
Dec 31 2019	US$9m	US$971k	US$529m
Sep 30 2019	n/a	n/a	US$410m
Jun 30 2019	n/a	n/a	US$373m
Mar 31 2019	n/a	n/a	US$289m
Dec 31 2018	US$7m	US$750k	US$187m
Sep 30 2018	n/a	n/a	US$218m
Jun 30 2018	n/a	n/a	US$174m
Mar 31 2018	n/a	n/a	US$173m
Dec 31 2017	US$5m	US$750k	US$119m

Compensation vs Market: Joe's total compensation ($USD8.53M) is above average for companies of similar size in the German market ($USD2.37M).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.

CEO

Joe Lacher (54 yo)

8.4yrs

Tenure

US$8,534,646

Compensation

Mr. Joseph Patrick Lacher, Jr., also known as Joe has been the President, Chief Executive Officer and Director of Kemper Corporation since November 11, 2015. He is Non-Executive Chairman of Kemper Corporat...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joseph Lacher	Chairman	8.4yrs	US$8.53m	0.19% $ 6.8m
Bradley Camden	Executive VP & CFO	less than a year	US$1.87m	0.022% $ 782.0k
John Boschelli	Executive VP & Chief Investment Officer	14.9yrs	US$2.47m	0.031% $ 1.1m
Duane Sanders	Executive VP and Chief Claims Officer of P&C	6.3yrs	US$2.81m	0.036% $ 1.3m
Matthew Hunton	Executive VP & President of Kemper Auto	4.9yrs	US$2.26m	0.020% $ 697.2k
Charles Brooks	Executive Vice President of Operations & Systems	7.1yrs	US$2.10m	0.043% $ 1.5m
James Alexander	Senior VP & Chief Accounting Officer	1.6yrs	no data	0.017% $ 600.5k
Ismat Aziz	Executive VP	3.3yrs	no data	0.018% $ 613.5k
Karen Guerra	Vice President of Investor Relations	no data	no data	no data
Carl Evans	Executive VP	12.9yrs	no data	0.084% $ 2.9m
Barbara Ciesemier	Assistant Vice President of Corporate Communications	6.3yrs	no data	no data
Michael Marinaccio	Vice President of Corporate Development	no data	no data	no data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: UI2's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Lacher	Chairman	8.4yrs	US$8.53m	0.19% $ 6.8m
Gerald Laderman	Independent Director	4.2yrs	US$261.55k	0.0096% $ 337.8k
George Cochran	Independent Director	9.2yrs	US$334.51k	0.026% $ 896.9k
Christopher Sarofim	Director	10.9yrs	US$233.32k	3.87% $ 135.8m
Maria Alvarez Canida	Independent Director	5.8yrs	US$253.13k	0.029% $ 1.0m
Jason Gorevic	Independent Director	2.2yrs	US$236.24k	0.019% $ 661.1k
Susan Whiting	Independent Director	6.7yrs	US$246.94k	0.0096% $ 336.4k
Lacy Johnson	Independent Director	7.7yrs	US$248.04k	0.012% $ 418.0k
Stuart Parker	Lead Independent Director	3.4yrs	US$296.62k	0.070% $ 2.5m
Alberto Paracchini	Independent Director	1.2yrs	US$258.46k	0.0023% $ 79.9k
Suzet McKinney	Independent Director	less than a year	no data	no data

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: UI2's board of directors are considered experienced (5.8 years average tenure).

Kemper Management

Management criteria checks 2/4

Key information

Recent management updates

Kemper Corporation Announces Passing of Kathleen M. Cronin, Member of Its Board of Directors

Kemper Corporation Appoints Bradley T. Camden as Executive Vice President

Lead Independent Director recently bought €378k worth of stock

Kemper Corporation Appoints Bradley T. Camden as Principal Financial Officer, Effective September 13, 2023

Kemper Announces Appointment of Bradley T. Camden as Interim Chief Financial Officer

Kemper Announces Appointment of Bradley T. Camden as Interim Chief Financial Officer

Recent updates

Kemper Corporation Announces Passing of Kathleen M. Cronin, Member of Its Board of Directors

Kemper Corporation Appoints Bradley T. Camden as Executive Vice President

Fourth quarter dividend of US$0.31 announced

Kemper Corporation Announces Quarterly Dividend, Payable on March 5, 2024

Full year 2023 earnings released: US$4.25 loss per share (vs US$4.72 loss in FY 2022)

Kemper Corporation to Report Q4, 2023 Results on Feb 01, 2024

Now 21% undervalued

Lead Independent Director recently bought €378k worth of stock

Kemper Corporation Announces Quarterly Dividend,Payable on November 30, 2023

Third quarter 2023 earnings released: US$2.28 loss per share (vs US$1.19 loss in 3Q 2022)

Kemper Corporation to Report Q3, 2023 Results on Oct 30, 2023

Kemper Corporation Appoints Bradley T. Camden as Principal Financial Officer, Effective September 13, 2023

Kemper Announces Appointment of Bradley T. Camden as Interim Chief Financial Officer

Kemper Announces Appointment of Bradley T. Camden as Interim Chief Financial Officer

Kemper Appoints Christopher Flint as President of Kemper Life

Second quarter 2023 earnings released: US$1.52 loss per share (vs US$1.17 loss in 2Q 2022)

Kemper Corporation Declares Quarterly Dividend, Payable on August 28, 2023

Kemper Corporation to Report Q2, 2023 Results on Aug 07, 2023

Insider recently sold €146k worth of stock

First quarter 2023 earnings released: US$1.25 loss per share (vs US$1.49 loss in 1Q 2022)

Kemper Corporation Announces Quarterly Dividend, Payable on May 30, 2023

Now 21% undervalued

Independent Director recently sold €62k worth of stock

Full year 2022 earnings released: US$4.72 loss per share (vs US$1.88 loss in FY 2021)

Kemper Corporation Announces Board Changes

Kemper Corporation Provides Earnings Guidance for the Fourth Quarter of 2022

Kemper Corporation to Report Q4, 2022 Results on Feb 02, 2023

Medical Mutual of Ohio completed the acquisition of Reserve National Insurance Company from Kemper Corporation (NYSE:KMPR) for approximately $88 million.

Upcoming dividend of US$0.31 per share

Third quarter 2022 earnings released: US$1.19 loss per share (vs US$1.18 loss in 3Q 2021)

Kemper Corporation Announces Quarterly Dividend, Payable on December 1, 2022

Kemper Corporation to Report Q3, 2022 Results on Nov 02, 2022

Kemper Corporation Appoints James A. Alexander as Principal Accounting Officer of the Company

Kemper Corporation Announces Executive Changes

Independent Director recently bought €127k worth of stock

Kemper Corporation Announces Quarterly Dividend, Payable on August 29, 2022

Medical Mutual of Ohio has entered into an agreement to acquire Reserve National Insurance Company from Kemper Corporation (NYSE:KMPR) for $90 million.

Second quarter 2022 earnings released: US$1.17 loss per share (vs US$0.97 loss in 2Q 2021)

Medical Mutual of Ohio has entered into an agreement to acquire Reserve National Insurance Company from Kemper Corporation (NYSE:KMPR) for $90 million.

Kemper Corporation to Report Q2, 2022 Results on Aug 01, 2022

Kemper Announces Board Changes

First quarter 2022 earnings released: US$1.49 loss per share (vs US$1.88 profit in 1Q 2021)

Kemper Corporation to Report Q1, 2022 Results on May 02, 2022

Kemper Corporation, Annual General Meeting, May 04, 2022

Kemper Corporation Announces Executive Changes

Now 20% undervalued after recent price drop

Kemper Corporation Announces Directorate Changes

Kemper Corporation Announces Quarterly Dividend, Payable on March 1, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: US$1.18 loss per share (vs US$1.87 profit in 3Q 2020)

Independent Director recently bought €84k worth of stock

Independent Director recently bought €1.3m worth of stock

Second quarter 2021 earnings released: US$0.97 loss per share (vs US$1.93 profit in 2Q 2020)

Executive VP & Chief Investment Officer recently sold €435k worth of stock

Kemper Corporation Declares a Quarterly Dividend, Payable on June 1, 2021

First quarter 2021 earnings released: EPS US$1.88 (vs US$0.96 in 1Q 2020)

New 90-day high: €67.50

Insider recently sold €831k worth of stock

Independent Director recently bought €117k worth of stock

Full year 2020 earnings released: EPS US$6.25 (vs US$8.04 in FY 2019)

Revenue beats expectations

Kemper Corporation to Report Q4, 2020 Results on Feb 01, 2021

New 90-day high: €65.50

Kemper Corporation Appoints Ismat Aziz as Chief Human Resources Officer

Kemper Corporation Names Tim Stonehocker as President of Kemper Life

New 90-day high: €65.00

Kemper Corporation (NYSE:KMPR) has entered into a definitive agreement to acquire American Access Casualty Company and Newins Insurance Agency Holdings, LLC from American Access Group, LLC for $370 million.

Third quarter 2020 earnings released: EPS US$1.87

Revenue beats expectations