Conifer Holdings Management
Management criteria checks 4/4
Conifer Holdings' CEO is Nicholas Petcoff, appointed in Dec 2023, has a tenure of less than a year. total yearly compensation is $438.20K, comprised of 97% salary and 3% bonuses, including company stock and options. directly owns 2.25% of the company’s shares, worth $198.50K. The average tenure of the management team and the board of directors is 9.9 years and 6.4 years respectively.
Key information
Nicholas Petcoff
Chief executive officer
US$438.2k
Total compensation
| CEO salary percentage | 97.0% |
| CEO tenure | less than a year |
| CEO ownership | 2.3% |
| Management average tenure | 9.9yrs |
| Board average tenure | 6.4yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$26m |
| Mar 31 2024 | n/a | n/a | -US$27m |
| Dec 31 2023 | US$438k | US$425k | -US$26m |
| Sep 30 2023 | n/a | n/a | -US$4m |
| Jun 30 2023 | n/a | n/a | -US$3m |
| Mar 31 2023 | n/a | n/a | -US$7m |
| Dec 31 2022 | US$792k | US$425k | -US$11m |
| Sep 30 2022 | n/a | n/a | -US$14m |
| Jun 30 2022 | n/a | n/a | -US$13m |
| Mar 31 2022 | n/a | n/a | US$672k |
| Dec 31 2021 | US$436k | US$425k | -US$1m |
| Sep 30 2021 | n/a | n/a | US$3m |
| Jun 30 2021 | n/a | n/a | US$5m |
| Mar 31 2021 | n/a | n/a | US$684k |
| Dec 31 2020 | US$467k | US$425k | US$595k |
| Sep 30 2020 | n/a | n/a | -US$6m |
| Jun 30 2020 | n/a | n/a | -US$7m |
| Mar 31 2020 | n/a | n/a | -US$12m |
| Dec 31 2019 | US$430k | US$425k | -US$8m |
| Sep 30 2019 | n/a | n/a | -US$10m |
| Jun 30 2019 | n/a | n/a | -US$12m |
| Mar 31 2019 | n/a | n/a | -US$10m |
| Dec 31 2018 | US$483k | US$425k | -US$9m |
| Sep 30 2018 | n/a | n/a | -US$4m |
| Jun 30 2018 | n/a | n/a | -US$20m |
| Mar 31 2018 | n/a | n/a | -US$20m |
| Dec 31 2017 | US$436k | US$425k | -US$22m |
Compensation vs Market: Nicholas's total compensation ($USD438.20K) is below average for companies of similar size in the US market ($USD666.73K).
Compensation vs Earnings: Nicholas's compensation has been consistent with company performance over the past year.
CEO
Nicholas Petcoff (43 yo)
less than a year
Tenure
US$438,200
Compensation
Mr. Nicholas James Petcoff serves as President of White Pine Insurance Company and served as Chief Underwriting Officer from 2021 to 2024. He serves as President and Director of Conifer Insurance Company a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive VP | less than a year | US$438.20k | 2.25% $ 198.5k | |
| President | 14.3yrs | US$438.20k | 4.17% $ 367.9k | |
| Treasurer & CFO | 11.3yrs | US$432.80k | 0.41% $ 36.5k | |
| Head of Investor Relations | 8.6yrs | no data | no data | |
| Corporate Counsel | no data | no data | no data |
9.9yrs
Average Tenure
59yo
Average Age
Experienced Management: CNFR.Z's management team is seasoned and experienced (9.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive VP | 15.6yrs | US$438.20k | 2.25% $ 198.5k | |
| Independent Director | 15.6yrs | US$20.00k | 3.61% $ 317.8k | |
| Independent Director | 12.6yrs | US$20.00k | 2.05% $ 180.2k | |
| Independent Chairman | 7yrs | US$20.00k | 0.041% $ 3.6k | |
| Independent Director | 6.4yrs | US$20.00k | no data | |
| Independent Director | 5.3yrs | US$20.00k | 0.20% $ 18.0k | |
| Independent Director | 4yrs | US$20.00k | 0.14% $ 12.5k | |
| Independent Director | 2.6yrs | US$20.00k | no data | |
| Independent Director | less than a year | no data | no data |
6.4yrs
Average Tenure
66.5yo
Average Age
Experienced Board: CNFR.Z's board of directors are considered experienced (6.4 years average tenure).