Assurant Management

Management criteria checks 2/4

Assurant's CEO is Keith Demmings, appointed in May 2021, has a tenure of 3.33 years. total yearly compensation is $10.33M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth MX$323.20M. The average tenure of the management team and the board of directors is 3.7 years and 4.8 years respectively.

Key information

Keith Demmings

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage	9.7%
CEO tenure	3.3yrs
CEO ownership	0.2%
Management average tenure	3.7yrs
Board average tenure	4.8yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Keith Demmings's remuneration changed compared to Assurant's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$798m
Mar 31 2024	n/a	n/a	US$765m
Dec 31 2023	US$10m	US$1m	US$643m
Sep 30 2023	n/a	n/a	US$528m
Jun 30 2023	n/a	n/a	US$345m
Mar 31 2023	n/a	n/a	US$241m
Dec 31 2022	US$8m	US$988k	US$277m
Sep 30 2022	n/a	n/a	US$333m
Jun 30 2022	n/a	n/a	US$476m
Mar 31 2022	n/a	n/a	US$611m
Dec 31 2021	US$4m	US$637k	US$598m
Sep 30 2021	n/a	n/a	US$589m
Jun 30 2021	n/a	n/a	US$521m
Mar 31 2021	n/a	n/a	US$494m
Dec 31 2020	US$3m	US$544k	US$500m
Sep 30 2020	n/a	n/a	US$509m
Jun 30 2020	n/a	n/a	US$366m
Mar 31 2020	n/a	n/a	US$346m
Dec 31 2019	US$3m	US$529k	US$284m

Compensation vs Market: Keith's total compensation ($USD10.33M) is above average for companies of similar size in the MX market ($USD5.68M).

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

CEO

Keith Demmings (51 yo)

3.3yrs

Tenure

US$10,331,024

Compensation

Mr. Keith Warner Demmings has been President of Assurant, Inc. since May 18, 2021 and serves as its Chief Executive Officer and Director since January 1, 2022. Mr. Demmings is responsible for leading Assur...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Keith Demmings	President	3.3yrs	US$10.33m	0.16% $ 323.2m
Keith Meier	Executive VP & CFO	less than a year	US$3.63m	0.046% $ 93.8m
Francesca Luthi	Executive VP & COO	less than a year	US$2.89m	0.021% $ 42.3m
Robert Lonergan	Executive VP and Chief Marketing & Risk Officer	no data	US$2.49m	0.038% $ 77.9m
Michael Campbell	Executive VP & President of Global Housing	8.2yrs	US$2.49m	0.029% $ 58.7m
Vadim Lipovetsky	Chief Investment Officer	4.1yrs	no data	no data
Dimitry DiRienzo	Senior VP	4yrs	no data	0.0061% $ 12.4m
Joseph Surber	Chief Technology Officer	5.7yrs	no data	no data
Sean Moshier	Vice President of Investor Relations	less than a year	no data	no data
Jay Rosenblum	Executive VP & Chief Legal Officer	4.6yrs	no data	0.018% $ 36.5m
Stacie Sherer	Vice President of Corporate Communications	no data	no data	no data
Subhashish Sengupta	Chief People Officer	less than a year	no data	no data

3.7yrs

Average Tenure

51yo

Average Age

Experienced Management: AIZ *'s management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Keith Demmings	President	2.7yrs	US$10.33m	0.16% $ 323.2m
Paget Alves	Independent Director	4.8yrs	US$265.28k	0% $ 0
Lawrence Jackson	Independent Director	15.2yrs	US$288.18k	0.019% $ 38.4m
Elaine Rosen	Independent Non-Executive Chair of the Board	15.6yrs	US$474.05k	0.019% $ 39.3m
Debra Perry	Independent Director	7.1yrs	US$288.78k	0% $ 0
Harriet Edelman	Independent Director	7.1yrs	US$286.28k	0% $ 0
Paul Reilly	Independent Director	13.3yrs	US$295.53k	0.0086% $ 17.5m
J. Carter	Independent Director	4.2yrs	US$265.23k	0.0038% $ 7.7m
Sari Granat	Independent Director	2.3yrs	US$266.03k	0% $ 0
Ognjen Redzic	Independent Director	4.8yrs	US$265.13k	0% $ 0
Rajiv Basu	Independent Director	1.5yrs	US$245.14k	no data

4.8yrs

Average Tenure

67.5yo

Average Age

Experienced Board: AIZ *'s board of directors are considered experienced (4.8 years average tenure).