Conifer Holdings, Inc.

NasdaqCM:CNFR Stock Report

Market Cap: US$14.7m

Conifer Holdings Management

Management criteria checks 3/4

Conifer Holdings' CEO is Nicholas Petcoff, appointed in Dec 2023, has a tenure of less than a year. total yearly compensation is $791.50K, comprised of 53.7% salary and 46.3% bonuses, including company stock and options. directly owns 2.25% of the company’s shares, worth $330.38K. The average tenure of the management team and the board of directors is 8.2 years and 6.3 years respectively.

Key information

Nicholas Petcoff

Chief executive officer

US$791.5k

Total compensation

CEO salary percentage53.7%
CEO tenureless than a year
CEO ownership2.3%
Management average tenure8.2yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Conifer Holdings, Inc. (NASDAQ:CNFR) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

May 14
Conifer Holdings, Inc. (NASDAQ:CNFR) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely

Need To Know: Analysts Are Much More Bullish On Conifer Holdings, Inc. (NASDAQ:CNFR)

Aug 14
Need To Know: Analysts Are Much More Bullish On Conifer Holdings, Inc. (NASDAQ:CNFR)

Here's Why Shareholders May Want To Be Cautious With Increasing Conifer Holdings, Inc.'s (NASDAQ:CNFR) CEO Pay Packet

May 13
Here's Why Shareholders May Want To Be Cautious With Increasing Conifer Holdings, Inc.'s (NASDAQ:CNFR) CEO Pay Packet

How Much Are Conifer Holdings, Inc. (NASDAQ:CNFR) Insiders Spending On Buying Shares?

Jan 24
How Much Are Conifer Holdings, Inc. (NASDAQ:CNFR) Insiders Spending On Buying Shares?

Conifer stock price doubles in premarket move following recent insider buying

Dec 30

Loss-Making Conifer Holdings, Inc. (NASDAQ:CNFR) Expected To Breakeven In The Medium-Term

Dec 02
Loss-Making Conifer Holdings, Inc. (NASDAQ:CNFR) Expected To Breakeven In The Medium-Term

Conifer Holdings, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 12

CEO Compensation Analysis

How has Nicholas Petcoff's remuneration changed compared to Conifer Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$4m

Jun 30 2023n/an/a

-US$3m

Mar 31 2023n/an/a

-US$7m

Dec 31 2022US$792kUS$425k

-US$11m

Sep 30 2022n/an/a

-US$14m

Jun 30 2022n/an/a

-US$13m

Mar 31 2022n/an/a

US$672k

Dec 31 2021US$436kUS$425k

-US$1m

Sep 30 2021n/an/a

US$3m

Jun 30 2021n/an/a

US$5m

Mar 31 2021n/an/a

US$684k

Dec 31 2020US$467kUS$425k

US$595k

Sep 30 2020n/an/a

-US$6m

Jun 30 2020n/an/a

-US$7m

Mar 31 2020n/an/a

-US$12m

Dec 31 2019US$430kUS$425k

-US$8m

Sep 30 2019n/an/a

-US$10m

Jun 30 2019n/an/a

-US$12m

Mar 31 2019n/an/a

-US$10m

Dec 31 2018US$483kUS$425k

-US$9m

Sep 30 2018n/an/a

-US$4m

Jun 30 2018n/an/a

-US$20m

Mar 31 2018n/an/a

-US$20m

Dec 31 2017US$436kUS$425k

-US$22m

Compensation vs Market: Nicholas's total compensation ($USD791.50K) is about average for companies of similar size in the US market ($USD661.05K).

Compensation vs Earnings: Nicholas's compensation has increased whilst the company is unprofitable.


CEO

Nicholas Petcoff (42 yo)

less than a year

Tenure

US$791,503

Compensation

Mr. Nicholas James Petcoff serves as President & Chief Underwriting Officer of White Pine Insurance Company and President, Chief Underwriting Officer & Director of Conifer Insurance Company. He has been Co...


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Petcoff
Executive VPless than a yearUS$791.50k2.25%
$ 330.4k
Brian Roney
President13.9yrsUS$694.43k4.17%
$ 612.3k
James Petcoff
Executive Directorless than a yearUS$612.20k28.12%
$ 4.1m
Harold Meloche
Treasurer & CFO10.8yrsno data0.41%
$ 60.7k
Jessica Gulis
Head of Investor Relations8.2yrsno datano data
Richard Fiato
Corporate Counselno datano datano data

8.2yrs

Average Tenure

59.5yo

Average Age

Experienced Management: CNFR's management team is seasoned and experienced (8.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Petcoff
Executive VP15.2yrsUS$791.50k2.25%
$ 330.4k
James Petcoff
Executive Director15.2yrsUS$612.20k28.12%
$ 4.1m
Richard Williams
Independent Director15.2yrsUS$20.00k3.61%
$ 528.9k
Joseph Sarafa
Independent Director12.2yrsUS$20.00k2.05%
$ 300.0k
Isolde O'Hanlon
Independent Acting Board Chair6.6yrsUS$20.00k0.041%
$ 6.0k
Jeffrey Hakala
Independent Director6yrsUS$20.00kno data
John Melstrom
Independent Director4.8yrsUS$20.00k0.20%
$ 30.0k
Timothy Lamothe
Independent Director3.6yrsUS$20.00k0.14%
$ 20.8k
Gerald W. Hakala
Independent Director2.2yrsUS$5.00kno data
J. Smith
Directorless than a yearno datano data

6.3yrs

Average Tenure

67yo

Average Age

Experienced Board: CNFR's board of directors are considered experienced (6.3 years average tenure).


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