General American Investors Company Management
Management criteria checks 3/4
General American Investors Company's CEO is Jeffrey Priest, appointed in Feb 2012, has a tenure of 12.83 years. total yearly compensation is $2.83M, comprised of 97.2% salary and 2.8% bonuses, including company stock and options. directly owns 1.02% of the company’s shares, worth $12.22M. The average tenure of the management team and the board of directors is 9.9 years and 13.4 years respectively.
Key information
Jeffrey Priest
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 97.2% |
| CEO tenure | 12.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 9.9yrs |
| Board average tenure | 13.4yrs |
Recent management updates
Recent updates
GAM: Moving To Hold After The Run-Up (Rating Downgrade)
Oct 08GAM: Very Attractive 18% Discount, Variable Income, And Solid Past Performance
Jun 02GAM: A Robust Way To Extract Equity Dividends In A Low VIX Environment
Jan 18GAM Seems To Have Lost Its Mojo
Nov 12GAM: When Looking For A CEF With Over 50 Years Of Track Record
Dec 27General American Investors declares $2.50 dividend
Nov 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$283m |
| Mar 31 2024 | n/a | n/a | US$305m |
| Dec 31 2023 | US$3m | US$3m | US$262m |
| Sep 30 2023 | n/a | n/a | US$239m |
| Jun 30 2023 | n/a | n/a | US$226m |
| Mar 31 2023 | n/a | n/a | -US$76m |
| Dec 31 2022 | US$2m | US$2m | -US$189m |
| Sep 30 2022 | n/a | n/a | -US$165m |
| Jun 30 2022 | n/a | n/a | -US$132m |
| Mar 31 2022 | n/a | n/a | US$180m |
| Dec 31 2021 | US$2m | US$2m | US$282m |
| Sep 30 2021 | n/a | n/a | US$293m |
| Jun 30 2021 | n/a | n/a | US$362m |
| Mar 31 2021 | n/a | n/a | US$396m |
| Dec 31 2020 | US$2m | US$2m | US$66m |
| Sep 30 2020 | n/a | n/a | US$28m |
| Jun 30 2020 | n/a | n/a | -US$37m |
| Mar 31 2020 | n/a | n/a | -US$109m |
| Dec 31 2019 | US$2m | US$2m | US$286m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$93m |
| Mar 31 2019 | n/a | n/a | US$56m |
| Dec 31 2018 | US$2m | US$2m | -US$83m |
| Sep 30 2018 | n/a | n/a | US$125m |
| Jun 30 2018 | n/a | n/a | US$95m |
| Mar 31 2018 | n/a | n/a | US$83m |
| Dec 31 2017 | US$2m | US$2m | US$159m |
Compensation vs Market: Jeffrey's total compensation ($USD2.83M) is about average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Jeffrey's compensation has increased by more than 20% in the past year.
CEO
Jeffrey Priest (61 yo)
12.8yrs
Tenure
US$2,828,000
Compensation
Mr. Jeffrey W. Priest has been the President since February 1, 2012, Chief Executive Officer and Portfolio Manager since January 1, 2013 and Director of General American Investors Company, Inc from 2013. H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 12.8yrs | US$2.83m | 1.02% $ 12.2m | |
| Senior Vice President | 5.9yrs | US$1.25m | 0.13% $ 1.5m | |
| VP of Administration | 19.9yrs | US$271.88k | 0.39% $ 4.6m | |
| Treasurer & Principal Accounting Officer | 5.9yrs | no data | 0.030% $ 361.3k | |
| Corporate Secretary & Human Resources Benefits Manager | 9.9yrs | no data | 0.049% $ 592.1k |
9.9yrs
Average Tenure
50yo
Average Age
Experienced Management: GAM's management team is seasoned and experienced (9.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 11.9yrs | US$2.83m | 1.02% $ 12.2m | |
| Independent Director | 7.6yrs | US$26.25k | no data | |
| Independent Director | 29.9yrs | US$28.75k | 0.28% $ 3.4m | |
| Independent Chairman | 29.3yrs | US$26.25k | 0.083% $ 992.0k | |
| Independent Director | 17.4yrs | US$25.00k | 0.017% $ 201.8k | |
| Independent Director | 38.9yrs | US$28.75k | 1.18% $ 14.2m | |
| Independent Director | 14.9yrs | US$25.00k | 0.012% $ 141.5k | |
| Independent Director | 7.9yrs | US$28.75k | no data | |
| Independent Director | 9.2yrs | US$23.75k | no data | |
| Independent Director | 4yrs | US$25.00k | no data |
13.4yrs
Average Tenure
69yo
Average Age
Experienced Board: GAM's board of directors are seasoned and experienced ( 13.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
General American Investors Company, Inc. is covered by 0 analysts. 0 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 |
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