General American Investors Company, Inc.

NYSE:GAM Stock Report

Market Cap: US$1.1b

General American Investors Company Management

Management criteria checks 4/4

General American Investors Company's CEO is Jeffrey Priest, appointed in Feb 2012, has a tenure of 12.25 years. total yearly compensation is $2.83M, comprised of 97.2% salary and 2.8% bonuses, including company stock and options. directly owns 1.01% of the company’s shares, worth $11.08M. The average tenure of the management team and the board of directors is 10.8 years and 12.8 years respectively.

Key information

Jeffrey Priest

Chief executive officer

US$2.8m

Total compensation

CEO salary percentage97.2%
CEO tenure12.3yrs
CEO ownership1.0%
Management average tenure10.8yrs
Board average tenure12.8yrs

Recent management updates

Recent updates

GAM: A Robust Way To Extract Equity Dividends In A Low VIX Environment

Jan 18

GAM Seems To Have Lost Its Mojo

Nov 12

GAM: When Looking For A CEF With Over 50 Years Of Track Record

Dec 27

General American Investors declares $2.50 dividend

Nov 04

CEO Compensation Analysis

How has Jeffrey Priest's remuneration changed compared to General American Investors Company's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$305m

Dec 31 2023US$3mUS$3m

US$262m

Sep 30 2023n/an/a

US$239m

Jun 30 2023n/an/a

US$226m

Mar 31 2023n/an/a

-US$76m

Dec 31 2022US$2mUS$2m

-US$189m

Sep 30 2022n/an/a

-US$165m

Jun 30 2022n/an/a

-US$132m

Mar 31 2022n/an/a

US$180m

Dec 31 2021US$2mUS$2m

US$282m

Sep 30 2021n/an/a

US$293m

Jun 30 2021n/an/a

US$362m

Mar 31 2021n/an/a

US$396m

Dec 31 2020US$2mUS$2m

US$66m

Sep 30 2020n/an/a

US$28m

Jun 30 2020n/an/a

-US$37m

Mar 31 2020n/an/a

-US$109m

Dec 31 2019US$2mUS$2m

US$286m

Sep 30 2019n/an/a

US$14m

Jun 30 2019n/an/a

US$93m

Mar 31 2019n/an/a

US$56m

Dec 31 2018US$2mUS$2m

-US$83m

Sep 30 2018n/an/a

US$125m

Jun 30 2018n/an/a

US$95m

Mar 31 2018n/an/a

US$83m

Dec 31 2017US$2mUS$2m

US$159m

Compensation vs Market: Jeffrey's total compensation ($USD2.83M) is about average for companies of similar size in the US market ($USD3.42M).

Compensation vs Earnings: Jeffrey's compensation has been consistent with company performance over the past year.


CEO

Jeffrey Priest (60 yo)

12.3yrs

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

NamePositionTenureCompensationOwnership
Jeffrey Priest
CEO, President12.3yrsUS$2.83m1.01%
$ 11.1m
Andrew Vindigni
Senior Vice President17.4yrsUS$1.23m0.71%
$ 7.8m
Anang Majmudar
Senior Vice President5.3yrsUS$1.25m0.12%
$ 1.3m
Eugene Stark
VP of Administration19.3yrsUS$271.88k0.38%
$ 4.2m
Samantha Jin
Treasurer & Principal Accounting Officer5.3yrsno data0.030%
$ 325.5k
Connie Santa Maria
Corporate Secretary & Human Resources Benefits Manager9.3yrsno data0.049%
$ 533.4k

10.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: GAM's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Priest
CEO, President11.3yrsUS$2.83m1.01%
$ 11.1m
Rose Lynch
Independent Director7yrsUS$26.25kno data
Arthur Altschul
Independent Director29.3yrsUS$28.75k0.28%
$ 3.0m
Spencer Davidson
Independent Chairman28.7yrsUS$25.75k0.082%
$ 893.7k
Rodney Berens
Independent Director16.8yrsUS$25.00k0.017%
$ 181.7k
John Gordan
Independent Director38.3yrsUS$28.75k1.16%
$ 12.8m
Betsy Gotbaum
Independent Director14.3yrsUS$25.00k0.012%
$ 127.4k
Clara Del Villar
Independent Director7.3yrsUS$28.75kno data
Henry Schirmer
Independent Director8.6yrsUS$23.75kno data
Savannah Sachs
Independent Director3.4yrsUS$25.00kno data

12.8yrs

Average Tenure

68yo

Average Age

Experienced Board: GAM's board of directors are seasoned and experienced ( 12.8 years average tenure).


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