Safety Insurance Group Management
Management criteria checks 4/4
Safety Insurance Group's CEO is George Murphy, appointed in Apr 2016, has a tenure of 8.17 years. total yearly compensation is $1.96M, comprised of 40.8% salary and 59.2% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth $8.50M. The average tenure of the management team and the board of directors is 8.8 years and 3.1 years respectively.
Key information
George Murphy
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 40.8% |
| CEO tenure | 8yrs |
| CEO ownership | 0.7% |
| Management average tenure | 8.8yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Some Confidence Is Lacking In Safety Insurance Group, Inc.'s (NASDAQ:SAFT) P/E
Mar 16
Safety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90
Nov 05Safety Insurance Group (NASDAQ:SAFT) Has Affirmed Its Dividend Of $0.90
Aug 28Safety Insurance Group's (NASDAQ:SAFT) Dividend Will Be $0.90
Aug 06Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
May 22Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90
May 07Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90
Nov 22Safety Insurance: Sound Despite Inflationary Headwinds
Aug 26Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
Aug 08Safety Insurance GAAP EPS of $0.53, revenue of $11.63M
Aug 03Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
May 08Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
Feb 19Should You Be Adding Safety Insurance Group (NASDAQ:SAFT) To Your Watchlist Today?
Dec 28Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of US$0.90
Nov 07Safety Insurance Group: Cheap Insurer With A Good Yield
Aug 10Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
Aug 08Most Shareholders Will Probably Agree With Safety Insurance Group, Inc.'s (NASDAQ:SAFT) CEO Compensation
May 13Safety Insurance reports Q1 results
May 05The Attractive Combination That Could Earn Safety Insurance Group, Inc. (NASDAQ:SAFT) A Place In Your Dividend Portfolio
Apr 06What Type Of Shareholders Own The Most Number of Safety Insurance Group, Inc. (NASDAQ:SAFT) Shares?
Mar 19Have Safety Insurance Group, Inc. (NASDAQ:SAFT) Insiders Been Selling Their Stock?
Mar 04There's A Lot To Like About Safety Insurance Group's (NASDAQ:SAFT) Upcoming US$0.90 Dividend
Feb 27Safety Insurance Group, Inc.'s (NASDAQ:SAFT) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Feb 12
Safety Insurance Group (NASDAQ:SAFT) Has Compensated Shareholders With A Respectable 65% Return On Their Investment
Jan 28If You Like EPS Growth Then Check Out Safety Insurance Group (NASDAQ:SAFT) Before It's Too Late
Jan 07Safety Insurance Group, Inc. (NASDAQ:SAFT) Vies For A Place In Your Dividend Portfolio: Here's Why
Dec 15Frederic Lindeberg Is The Independent Director of Safety Insurance Group, Inc. (NASDAQ:SAFT) And They Just Picked Up 13% More Shares
Nov 27Here's What We Like About Safety Insurance Group's (NASDAQ:SAFT) Upcoming Dividend
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$800k | US$19m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$35m |
| Mar 31 2023 | n/a | n/a | US$26m |
| Dec 31 2022 | US$3m | US$800k | US$46m |
| Sep 30 2022 | n/a | n/a | US$55m |
| Jun 30 2022 | n/a | n/a | US$73m |
| Mar 31 2022 | n/a | n/a | US$103m |
| Dec 31 2021 | US$3m | US$794k | US$131m |
| Sep 30 2021 | n/a | n/a | US$152m |
| Jun 30 2021 | n/a | n/a | US$172m |
| Mar 31 2021 | n/a | n/a | US$177m |
| Dec 31 2020 | US$3m | US$790k | US$139m |
| Sep 30 2020 | n/a | n/a | US$113m |
| Jun 30 2020 | n/a | n/a | US$84m |
| Mar 31 2020 | n/a | n/a | US$67m |
| Dec 31 2019 | US$3m | US$774k | US$99m |
| Sep 30 2019 | n/a | n/a | US$89m |
| Jun 30 2019 | n/a | n/a | US$103m |
| Mar 31 2019 | n/a | n/a | US$103m |
| Dec 31 2018 | US$3m | US$750k | US$83m |
| Sep 30 2018 | n/a | n/a | US$76m |
| Jun 30 2018 | n/a | n/a | US$65m |
| Mar 31 2018 | n/a | n/a | US$59m |
| Dec 31 2017 | US$3m | US$708k | US$62m |
Compensation vs Market: George's total compensation ($USD1.96M) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Murphy (56 yo)
8yrs
Tenure
US$1,962,783
Compensation
Mr. George Michael Murphy, CPCU, has been Chief Executive Officer and President at Safety Insurance Group, Inc. since April 1, 2016 and has been its Chairman of the Board since May 17, 2023. Mr. Murphy has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8yrs | US$1.96m | 0.72% $ 8.5m | |
| VP, CFO & Secretary | 9.3yrs | US$847.99k | 0.13% $ 1.5m | |
| Vice President of Underwriting | 8.8yrs | US$852.58k | 0.15% $ 1.8m | |
| Vice President of Marketing | 8.2yrs | no data | 0.19% $ 2.2m | |
| Vice President of Actuarial Services | 20.3yrs | no data | 0.081% $ 951.4k | |
| Vice President of Insurance Operations | no data | no data | 0.025% $ 298.5k |
8.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SAFT's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.2yrs | US$1.96m | 0.72% $ 8.5m | |
| Independent Director | 20.6yrs | US$190.81k | 0.044% $ 514.4k | |
| Independent Director | less than a year | no data | 0.061% $ 717.6k | |
| Independent Director | less than a year | US$143.03k | 0.020% $ 239.2k | |
| Lead Independent Director | 6.8yrs | US$219.56k | 0.054% $ 637.9k | |
| Independent Director | 4.1yrs | US$194.56k | 0.034% $ 398.7k | |
| Independent Director | 2.1yrs | US$182.06k | 0.020% $ 239.2k | |
| Independent Director | 2.1yrs | US$190.81k | 0.020% $ 239.2k |
3.1yrs
Average Tenure
63yo
Average Age
Experienced Board: SAFT's board of directors are considered experienced (3.1 years average tenure).