Palomar Holdings, Inc.

NasdaqGS:PLMR Stock Report

Market Cap: US$2.0b

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 percentage28.3%
CEO tenure10.1yrs
CEO ownership2.1%
Management average tenure3.3yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar

Feb 24
After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar

Palomar: Positive Guidance Isn't Fully Priced In

Feb 20

Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings

Jan 05
Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings

Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

Dec 09
Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case

Jul 22
With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case

Palomar estimates $12.5M loss from Hurricane Ian for Q3

Oct 20

Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors

Sep 23
Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors

Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

Jun 20
Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?

Palomar Holdings: Great Performance, But Still Giving Me The Shivers

Feb 26

Palomar Holdings, Inc. (NASDAQ:PLMR) Just Reported, And Analysts Assigned A US$78.86 Price Target

Feb 19
Palomar Holdings, Inc. (NASDAQ:PLMR) Just Reported, And Analysts Assigned A US$78.86 Price Target

What You Can Learn From Palomar Holdings, Inc.'s (NASDAQ:PLMR) P/E After Its 26% Share Price Crash

Dec 04
What You Can Learn From Palomar Holdings, Inc.'s (NASDAQ:PLMR) P/E After Its 26% Share Price Crash

Palomar Holdings (PLMR) Investor Presentation - Slideshow

Jun 02

CEO Compensation Analysis

How has Mac Armstrong's remuneration changed compared to Palomar Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$79m

Sep 30 2023n/an/a

US$72m

Jun 30 2023n/an/a

US$58m

Mar 31 2023n/an/a

US$55m

Dec 31 2022US$3mUS$850k

US$52m

Sep 30 2022n/an/a

US$50m

Jun 30 2022n/an/a

US$46m

Mar 31 2022n/an/a

US$44m

Dec 31 2021US$19mUS$846k

US$46m

Sep 30 2021n/an/a

US$27m

Jun 30 2021n/an/a

US$11m

Mar 31 2021n/an/a

US$11m

Dec 31 2020US$1mUS$598k

US$6m

Sep 30 2020n/an/a

US$19m

Jun 30 2020n/an/a

US$42m

Mar 31 2020n/an/a

US$37m

Dec 31 2019US$3mUS$500k

US$11m

Sep 30 2019n/an/a

US$4m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$852kUS$500k

US$18m

Dec 31 2017US$764kUS$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

NamePositionTenureCompensationOwnership
D. Armstrong
Founder10.1yrsUS$3.00m2.13%
$ 43.5m
Jon Christianson
President1.9yrsUS$884.54k0.24%
$ 4.9m
Toshio Uchida
Chief Financial Officer6.5yrsUS$941.36k0.10%
$ 2.1m
Angela Grant
Chief Legal Officer & Corporate Secretary3.3yrsUS$965.23k0.00041%
$ 8.4k
Jonathan Knutzen
Chief Risk Officer4.9yrsUS$771.44k0.061%
$ 1.2m
Elizabeth Seitz
EVP Treasury & Financial Operations & Chief Accounting Officerless than a yearno datano data
Mark Brose
Chief Technology Officer3.2yrsno datano data
Kyle Morgan
Senior Vice President of Corporate Development & Strategyno datano datano data
John MacDonald
Senior Vice President of Marketingno datano datano data
Jake Armstrong
Senior Vice President of Underwritingno datano datano data
Robert Beyerle
Chief Underwriting Officer1.9yrsno datano data
George Dobrev
Senior Vice President of Analyticsno datano datano data

3.3yrs

Average Tenure

50yo

Average Age

Experienced Management: PLMR's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
D. Armstrong
Founder10.1yrsUS$3.00m2.13%
$ 43.5m
Thomas Bradley
Directorless than a yearno data0.0060%
$ 123.3k
Robert Dowdell
Independent Director5yrsUS$147.46k0.20%
$ 4.1m
Martha Notaras
Independent Director4.1yrsUS$144.96k0.013%
$ 265.4k
Richard Taketa
Lead Independent Director5yrsUS$167.46k0.16%
$ 3.2m
Daryl Bradley
Independent Director3.8yrsUS$149.96k0.0059%
$ 120.6k
Catriona Fallon
Independent Director4.8yrsUS$157.46k0.0090%
$ 183.6k
Daina Middleton
Independent Director2.7yrsUS$149.96k0.0067%
$ 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).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.