Conduit Holdings Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure

CEO

Trevor Carvey

2.17yrs

Tenure

US$2,649,000

Compensation

Mr. Trevor Carvey serves as Chief Executive Officer and Chief Underwriting Officer for Conduit Reinsurance Limited since 2022. He served as Group Chief Executive Officer for Conduit Reinsurance Limited unt...

CEO Compensation Analysis

How has Trevor Carvey's remuneration changed compared to Conduit Holdings's earnings?
Date	Total Comp.	Salary	Company Earnings
Jun 30 2022	n/a	n/a	-US$91m
Mar 31 2022	n/a	n/a	-US$66m
Dec 31 2021	US$3m	US$800k	-US$42m
Dec 31 2020	US$1m	US$67k	-US$18m

Compensation vs Market: Trevor's total compensation ($USD2.65M) is above average for companies of similar size in the UK market ($USD1.36M).

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

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Neil Eckert	Executive Chairman	2.25yrs	US$1.46m	0.42% $ 3.1m
Trevor Carvey	Executive Director & CEO	no data	US$2.65m	0.18% $ 1.4m
Elaine Whelan	Executive Director & CFO	2yrs	US$1.91m	0.096% $ 719.3k
Stuart Quinlan	Deputy CEO & COO	no data	no data	0.068% $ 513.2k
Antonio Moretti	Head of Investor Relations & Marketing	0.75yr	no data	no data
Greg Lunn	Group Legal Counsel & Company Secretary	2.08yrs	no data	no data
Heather Mello	Head of Human Resources	0.92yr	no data	no data
Andrew Smith	Chief Risk Officer	no data	no data	no data
Greg Roberts	Chief Underwriting Officer	no data	no data	no data
Chris Board	Head of International Property & Short Tail Specialty	no data	no data	no data
Marc Bearman	Head of Specialty for Marine & Energy	no data	no data	no data
Angus Hampton	Head of International Casualty & Long Term Specialty	no data	no data	no data

1.5yrs

Average Tenure

Experienced Management: CRE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Neil Eckert	Executive Chairman	2.25yrs	US$1.46m	0.42% $ 3.1m
Trevor Carvey	Executive Director & CEO	2.17yrs	US$2.65m	0.18% $ 1.4m
Elaine Whelan	Executive Director & CFO	2yrs	US$1.91m	0.096% $ 719.3k
Richard Sandor	Independent Non-Executive Director	2.17yrs	US$105.00k	0.0094% $ 70.5k
Elizabeth Murphy	Independent Non-Executive Director	2.17yrs	US$140.00k	0.0094% $ 70.5k
Kenneth Randall	Independent Non-Executive Director	2.17yrs	US$155.00k	0.034% $ 258.5k
Michelle Seymour-Smith	Non-Executive Director	1.33yrs	US$31.00k	0.012% $ 94.0k
Brian Williamson	Senior Independent Director	2.17yrs	US$130.00k	0.012% $ 94.0k
Malcolm Furbert	Independent Non-Executive Director	2.17yrs	US$130.00k	0.0050% $ 37.6k

2.2yrs

Average Tenure

68yo

Average Age

Experienced Board: CRE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.