Radian Group Management
Management criteria checks 2/4
Radian Group's CEO is Rick Thornberry, appointed in Mar 2017, has a tenure of 7.08 years. total yearly compensation is $12.79M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $20.01M. The average tenure of the management team and the board of directors is 6.3 years and 6.1 years respectively.
Key information
Rick Thornberry
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.3yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Radian Remains Attractive Thanks To Strong Home Prices
Feb 26Radian Group Inc.'s (NYSE:RDN) Price Is Right But Growth Is Lacking
Dec 18
A Resilient Housing Market Makes Radian Attractive
Oct 09Radian Group Inc. Seems To Be Quite Fairly Valued At The Moment
Jul 17If EPS Growth Is Important To You, Radian Group (NYSE:RDN) Presents An Opportunity
Jul 03If EPS Growth Is Important To You, Radian Group (NYSE:RDN) Presents An Opportunity
Apr 03Radian Group raises dividend by 12.5% to $0.225
Feb 15Radian Group surges on plans to launch $300M share buyback plan
Jan 18Radian Group declares $0.20 dividend
Nov 09Radian Group Non-GAAP EPS of $1.31, revenue of $296.19M
Nov 02Radian Group Non-GAAP EPS of $1.36 beats by $0.60, revenue of $286.83M misses by $36.56M
Aug 01Radian Group: Best Near Capital Gain Real Estate Services Prospect
Jul 26Radian Group launches mortgage conduit connecting lenders and investors
Jul 13Buy Radian, Mortgage Insurers Are Not Banks, They Are Far Better Values
Mar 07Radian Group: A Beneficiary Of Hot Housing
Feb 08Radian Group: Another Near-Term Capital Gain Prospect Market-Makers See As Underpriced
Sep 14Radian Group Entered Its Fair Value Territory
Jun 26Radian's new defaults and cures decline in May
Jun 04Radian Group increases dividend by 12%
May 04Introducing Radian Group (NYSE:RDN), A Stock That Climbed 84% In The Last Five Years
Mar 12Radian Group declares $0.125 dividend
Nov 11Radian Group Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Radian Group EPS beats by $0.10, beats on revenue
Nov 04Radian to end its traditional appraisal business
Oct 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$13m | US$1m | US$603m |
| Sep 30 2023 | n/a | n/a | US$623m |
| Jun 30 2023 | n/a | n/a | US$664m |
| Mar 31 2023 | n/a | n/a | US$720m |
| Dec 31 2022 | US$8m | US$1m | US$743m |
| Sep 30 2022 | n/a | n/a | US$774m |
| Jun 30 2022 | n/a | n/a | US$702m |
| Mar 31 2022 | n/a | n/a | US$656m |
| Dec 31 2021 | US$9m | US$1m | US$601m |
| Sep 30 2021 | n/a | n/a | US$555m |
| Jun 30 2021 | n/a | n/a | US$564m |
| Mar 31 2021 | n/a | n/a | US$379m |
| Dec 31 2020 | US$8m | US$932k | US$394m |
| Sep 30 2020 | n/a | n/a | US$407m |
| Jun 30 2020 | n/a | n/a | US$445m |
| Mar 31 2020 | n/a | n/a | US$642m |
| Dec 31 2019 | US$8m | US$800k | US$672m |
| Sep 30 2019 | n/a | n/a | US$651m |
| Jun 30 2019 | n/a | n/a | US$620m |
| Mar 31 2019 | n/a | n/a | US$662m |
| Dec 31 2018 | US$10m | US$800k | US$606m |
| Sep 30 2018 | n/a | n/a | US$473m |
| Jun 30 2018 | n/a | n/a | US$395m |
| Mar 31 2018 | n/a | n/a | US$159m |
| Dec 31 2017 | US$7m | US$606k | US$121m |
Compensation vs Market: Rick's total compensation ($USD12.79M) is above average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Thornberry (65 yo)
7.1yrs
Tenure
US$12,788,340
Compensation
Mr. Richard Gerald Thornberry, also known as Rick, serves as Chief Executive Officer and Director of Radian Group Inc. He has experience in the financial services industry, as a leader of some of the most...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.1yrs | US$12.79m | 0.43% $ 20.0m | |
| CFO & Senior EVP | less than a year | US$3.24m | 0% $ 0 | |
| Executive VP | 5.4yrs | US$1.07m | 0.030% $ 1.4m | |
| Senior EVP | 3.3yrs | US$2.39m | 0.082% $ 3.8m | |
| President of Mortgage | 10.8yrs | US$3.60m | 0.13% $ 6.0m | |
| Senior EVP | no data | US$1.88m | 0.088% $ 4.1m | |
| Senior Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
| Executive VP and Chief Marketing & Corporate Communications Officer | 11.2yrs | no data | no data | |
| Senior EVP & Chief People Officer | 3.3yrs | no data | 0.0091% $ 421.4k | |
| Chief Economist & Senior VP | 9.2yrs | no data | no data | |
| Senior Vice President of Structured Products | 7.6yrs | no data | no data | |
| Senior EVP | 3.3yrs | US$2.15m | 0.035% $ 1.6m |
6.3yrs
Average Tenure
51yo
Average Age
Experienced Management: RDN's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.1yrs | US$12.79m | 0.43% $ 20.0m | |
| Independent Non-Executive Chairman | 24.8yrs | US$500.00k | 0.0053% $ 246.2k | |
| Independent Director | 13.2yrs | US$275.00k | 0.0042% $ 196.6k | |
| Independent Director | 5.1yrs | US$305.00k | 0.011% $ 487.7k | |
| Independent Director | 4.2yrs | US$290.54k | 0.011% $ 504.9k | |
| Independent Director | 4.2yrs | US$300.00k | 0.015% $ 704.2k | |
| Independent Director | 13.2yrs | US$294.48k | 0.020% $ 918.4k | |
| Independent Director | 2.8yrs | US$275.00k | 0.0060% $ 276.3k | |
| Independent Director | 11.9yrs | US$300.00k | 0.0033% $ 153.0k | |
| Independent Director | 11.9yrs | US$275.00k | 0.0054% $ 251.7k | |
| Independent Director | less than a year | US$134.08k | 0% $ 0 | |
| Independent Director | 1.2yrs | US$228.82k | 0% $ 0 |
6.1yrs
Average Tenure
63yo
Average Age
Experienced Board: RDN's board of directors are considered experienced (6.1 years average tenure).