Palomar Holdings Management
Management criteria checks 4/4
Palomar Holdings' CEO is Mac Armstrong, appointed in Feb 2014, has a tenure of 10.08 years. total yearly compensation is $3.00M, comprised of 28.3% salary and 71.7% bonuses, including company stock and options. directly owns 2.13% of the company’s shares, worth $43.53M. The average tenure of the management team and the board of directors is 3.3 years and 4.5 years respectively.
Key information
Mac Armstrong
Chief executive officer
US$3.0m
Total compensation
CEO salary percentage | 28.3% |
CEO tenure | 10.1yrs |
CEO ownership | 2.1% |
Management average tenure | 3.3yrs |
Board average tenure | 4.5yrs |
Recent management updates
Recent updates
After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar
Feb 24Palomar: Positive Guidance Isn't Fully Priced In
Feb 20Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings
Jan 05Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?
Dec 09With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case
Jul 22Palomar estimates $12.5M loss from Hurricane Ian for Q3
Oct 20Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors
Sep 23Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?
Jun 20Palomar Holdings: Great Performance, But Still Giving Me The Shivers
Feb 26Palomar Holdings, Inc. (NASDAQ:PLMR) Just Reported, And Analysts Assigned A US$78.86 Price Target
Feb 19What You Can Learn From Palomar Holdings, Inc.'s (NASDAQ:PLMR) P/E After Its 26% Share Price Crash
Dec 04Palomar Holdings (PLMR) Investor Presentation - Slideshow
Jun 02CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | US$79m |
Sep 30 2023 | n/a | n/a | US$72m |
Jun 30 2023 | n/a | n/a | US$58m |
Mar 31 2023 | n/a | n/a | US$55m |
Dec 31 2022 | US$3m | US$850k | US$52m |
Sep 30 2022 | n/a | n/a | US$50m |
Jun 30 2022 | n/a | n/a | US$46m |
Mar 31 2022 | n/a | n/a | US$44m |
Dec 31 2021 | US$19m | US$846k | US$46m |
Sep 30 2021 | n/a | n/a | US$27m |
Jun 30 2021 | n/a | n/a | US$11m |
Mar 31 2021 | n/a | n/a | US$11m |
Dec 31 2020 | US$1m | US$598k | US$6m |
Sep 30 2020 | n/a | n/a | US$19m |
Jun 30 2020 | n/a | n/a | US$42m |
Mar 31 2020 | n/a | n/a | US$37m |
Dec 31 2019 | US$3m | US$500k | US$11m |
Sep 30 2019 | n/a | n/a | US$4m |
Jun 30 2019 | n/a | n/a | -US$2m |
Mar 31 2019 | n/a | n/a | -US$2m |
Dec 31 2018 | US$852k | US$500k | US$18m |
Dec 31 2017 | US$764k | US$525k | US$4m |
Compensation vs Market: Mac's total compensation ($USD3.00M) is below average for companies of similar size in the US market ($USD5.09M).
Compensation vs Earnings: Mac's compensation has been consistent with company performance over the past year.
CEO
Mac Armstrong
10.1yrs
Tenure
US$3,000,327
Compensation
Mr. David McDonald Armstrong, also known as Mac, is a Co-Founder of Palomar Holdings, Inc. and has been its Chief Executive Officer and Director since February 2014. He serves as Chairman of the Board of P...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 10.1yrs | US$3.00m | 2.13% $ 43.5m | |
President | 1.9yrs | US$884.54k | 0.24% $ 4.9m | |
Chief Financial Officer | 6.5yrs | US$941.36k | 0.10% $ 2.1m | |
Chief Legal Officer & Corporate Secretary | 3.3yrs | US$965.23k | 0.00041% $ 8.4k | |
Chief Risk Officer | 4.9yrs | US$771.44k | 0.061% $ 1.2m | |
EVP Treasury & Financial Operations & Chief Accounting Officer | less than a year | no data | no data | |
Chief Technology Officer | 3.2yrs | no data | no data | |
Senior Vice President of Corporate Development & Strategy | no data | no data | no data | |
Senior Vice President of Marketing | no data | no data | no data | |
Senior Vice President of Underwriting | no data | no data | no data | |
Chief Underwriting Officer | 1.9yrs | no data | no data | |
Senior Vice President of Analytics | no data | no data | no data |
3.3yrs
Average Tenure
50yo
Average Age
Experienced Management: PLMR's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 10.1yrs | US$3.00m | 2.13% $ 43.5m | |
Director | less than a year | no data | 0.0060% $ 123.3k | |
Independent Director | 5yrs | US$147.46k | 0.20% $ 4.1m | |
Independent Director | 4.1yrs | US$144.96k | 0.013% $ 265.4k | |
Lead Independent Director | 5yrs | US$167.46k | 0.16% $ 3.2m | |
Independent Director | 3.8yrs | US$149.96k | 0.0059% $ 120.6k | |
Independent Director | 4.8yrs | US$157.46k | 0.0090% $ 183.6k | |
Independent Director | 2.7yrs | US$149.96k | 0.0067% $ 136.8k |
4.5yrs
Average Tenure
61.5yo
Average Age
Experienced Board: PLMR's board of directors are considered experienced (4.5 years average tenure).