Cincinnati Financial Management
Management criteria checks 4/4
Cincinnati Financial's CEO is Steve Johnston, appointed in May 2011, has a tenure of 12.92 years. total yearly compensation is $8.38M, comprised of 14.3% salary and 85.7% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $42.98M. The average tenure of the management team and the board of directors is 12.9 years and 12.2 years respectively.
Key information
Steve Johnston
Chief executive officer
US$8.4m
Total compensation
| CEO salary percentage | 14.3% |
| CEO tenure | 12.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 12.9yrs |
| Board average tenure | 12.2yrs |
Recent management updates
Recent updates
Getting In Cheap On Cincinnati Financial Corporation (NASDAQ:CINF) Is Unlikely
Apr 03
Results: Cincinnati Financial Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 09Unpleasant Surprises Could Be In Store For Cincinnati Financial Corporation's (NASDAQ:CINF) Shares
Dec 28Cincinnati Financial's Unique Investment Portfolio Makes It A Mini-Berkshire Hathaway
Oct 12Cincinnati Financial declares $0.69 dividend
Aug 19Downgrade: Here's How Analysts See Cincinnati Financial Corporation (NASDAQ:CINF) Performing In The Near Term
Aug 08Cincinnati Financial: A Post-Drop Dividend King
Aug 03Cincinnati Financial Non-GAAP EPS of $0.65 misses by $0.39, Earned premiums of $1.77B misses by $190M
Jul 27Cincinnati Financial: Dividend King At Fair Value
May 19Here's Why I Think Cincinnati Financial (NASDAQ:CINF) Might Deserve Your Attention Today
Feb 25Cincinnati Financial: A Dividend King To Help You Sleep Well At Night
Feb 17Cincinnati Financial's (NASDAQ:CINF) Dividend Will Be Increased To US$0.69
Feb 03Ride Out The Storm With Cincinnati Financial Corporation
Nov 30I Ran A Stock Scan For Earnings Growth And Cincinnati Financial (NASDAQ:CINF) Passed With Ease
Nov 27There's Value In Cincinnati Financial Corporation
Sep 08Should You Be Adding Cincinnati Financial (NASDAQ:CINF) To Your Watchlist Today?
Aug 29Cincinnati Financial Is A High-Quality Dividend King But Wait For A Correction
Jul 01Does Cincinnati Financial (NASDAQ:CINF) Deserve A Spot On Your Watchlist?
May 23Cincinnati Financial declares $0.63 dividend
May 10Why We Think The CEO Of Cincinnati Financial Corporation (NASDAQ:CINF) May Soon See A Pay Rise
May 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$8m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | US$8m | US$1m | -US$487m |
| Sep 30 2022 | n/a | n/a | -US$30m |
| Jun 30 2022 | n/a | n/a | US$539m |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$6m | US$1m | US$3b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$4m | US$1m | US$1b |
| Sep 30 2020 | n/a | n/a | US$793m |
| Jun 30 2020 | n/a | n/a | US$557m |
| Mar 31 2020 | n/a | n/a | US$76m |
| Dec 31 2019 | US$6m | US$1m | US$2b |
| Sep 30 2019 | n/a | n/a | US$919m |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$3m | US$1m | US$287m |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$930m |
| Mar 31 2018 | n/a | n/a | US$813m |
| Dec 31 2017 | US$5m | US$995k | US$1b |
Compensation vs Market: Steve's total compensation ($USD8.38M) is below average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Johnston (63 yo)
12.9yrs
Tenure
US$8,381,511
Compensation
Mr. Steven Justus Johnston, also known as Steve, FCAS, MAAA, CFA, CERA, is Chairman of the Board since 2020, and Chief Executive Officer of the Cincinnati Financial Corporation and its U.S. subsidiaries, s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.9yrs | US$8.38m | 0.23% $ 42.9m | |
| President & Director | 1.9yrs | US$4.71m | 0.031% $ 5.9m | |
| CFO, Principal Accounting Officer | 12.9yrs | US$4.93m | 0.069% $ 13.0m | |
| Chief Risk Officer & Executive VP of The Cincinnati Insurance Company | 12.9yrs | US$3.11m | 0.028% $ 5.3m | |
| Chief Information Officer & Executive VP of The Cincinnati Insurance Company | 14.3yrs | US$3.40m | 0.053% $ 10.0m | |
| Executive VP & Chief Investment Officer | 1.3yrs | no data | 0.0089% $ 1.7m | |
| VP & Investor Relations Officer | 15.3yrs | no data | no data | |
| Executive VP | 12.9yrs | no data | 0.034% $ 6.3m | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Senior Vice President of The Cincinnati Insurance Company | 16.3yrs | no data | 0.023% $ 4.3m | |
| Senior Vice President of The Cincinnati Insurance Company | 10.3yrs | no data | 0.018% $ 3.3m | |
| MD & Head of Specialty Casualty Reinsurance | 7.7yrs | no data | no data |
12.9yrs
Average Tenure
59yo
Average Age
Experienced Management: CINF's management team is seasoned and experienced (12.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.9yrs | US$8.38m | 0.23% $ 42.9m | |
| President & Director | less than a year | US$4.71m | 0.031% $ 5.9m | |
| Independent Director | 22.3yrs | US$230.32k | 0.021% $ 4.0m | |
| Director | 45yrs | US$235.70k | 0.32% $ 61.2m | |
| Independent Director | 19yrs | US$202.72k | 0.019% $ 3.7m | |
| Independent Director | 3.7yrs | US$207.87k | 0.0035% $ 668.3k | |
| Independent Director | 20yrs | US$202.98k | 0.032% $ 6.0m | |
| Lead Independent Director | 11.4yrs | US$225.36k | 0.034% $ 6.4m | |
| Independent Director | 10.4yrs | US$234.60k | 0.035% $ 6.6m | |
| Independent Director | 4.7yrs | US$223.97k | 0.0028% $ 537.7k | |
| Independent Director | 14.2yrs | US$224.62k | 0.010% $ 2.0m | |
| Independent Director | 4.4yrs | US$216.86k | 0.0066% $ 1.2m |
12.2yrs
Average Tenure
62.5yo
Average Age
Experienced Board: CINF's board of directors are seasoned and experienced ( 12.2 years average tenure).