Selective Insurance Group Management

Management criteria checks 4/4

Selective Insurance Group's CEO is John Marchioni, appointed in Sep 2013, has a tenure of 11.25 years. total yearly compensation is $5.98M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $12.64M. The average tenure of the management team and the board of directors is 11.3 years and 6.6 years respectively.

Key information

John Marchioni

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage	16.7%
CEO tenure	11.3yrs
CEO ownership	0.2%
Management average tenure	11.3yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

Balancing Growth And Headwinds: Selective Insurance Group's Review

Oct 30

Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Popularity With Investors Is Clear

Oct 01

CEO Compensation Analysis

How has John Marchioni's remuneration changed compared to Selective Insurance Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$227m
Jun 30 2024	n/a	n/a	US$224m
Mar 31 2024	n/a	n/a	US$346m
Dec 31 2023	US$6m	US$1m	US$356m
Sep 30 2023	n/a	n/a	US$318m
Jun 30 2023	n/a	n/a	US$271m
Mar 31 2023	n/a	n/a	US$252m
Dec 31 2022	US$6m	US$988k	US$216m
Sep 30 2022	n/a	n/a	US$228m
Jun 30 2022	n/a	n/a	US$259m
Mar 31 2022	n/a	n/a	US$342m
Dec 31 2021	US$5m	US$925k	US$394m
Sep 30 2021	n/a	n/a	US$425m
Jun 30 2021	n/a	n/a	US$423m
Mar 31 2021	n/a	n/a	US$338m
Dec 31 2020	US$5m	US$952k	US$246m
Sep 30 2020	n/a	n/a	US$201m
Jun 30 2020	n/a	n/a	US$187m
Mar 31 2020	n/a	n/a	US$226m
Dec 31 2019	US$4m	US$842k	US$272m
Sep 30 2019	n/a	n/a	US$236m
Jun 30 2019	n/a	n/a	US$235m
Mar 31 2019	n/a	n/a	US$221m
Dec 31 2018	US$3m	US$800k	US$179m
Sep 30 2018	n/a	n/a	US$163m
Jun 30 2018	n/a	n/a	US$155m
Mar 31 2018	n/a	n/a	US$137m
Dec 31 2017	US$4m	US$800k	US$169m

Compensation vs Market: John's total compensation ($USD5.98M) is about average for companies of similar size in the US market ($USD8.04M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Marchioni (54 yo)

11.3yrs

Tenure

US$5,983,826

Compensation

Mr. John Joseph Marchioni, CPCU, is a Member of Board of Trustees at American Institute for Chartered Property Casualty Underwriters from June 15, 2022. He is Chairman of the Board of Selective Insurance G...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Marchioni	CEO, President & Chairman	11.3yrs	US$5.98m	0.22% $ 12.6m
Michael Lanza	Executive VP	20.4yrs	US$1.78m	0.047% $ 2.7m
Brenda Hall	Executive VP & COO of Standard Lines	15.8yrs	US$1.86m	0.017% $ 981.1k
Vincent Senia	Executive VP & Chief Actuary	14.2yrs	US$1.44m	0.019% $ 1.1m
Patrick Brennan	Executive VP & CFO	less than a year	no data	no data
Joseph Eppers	Executive VP & Chief Investment Officer	no data	no data	0.015% $ 877.8k
John Bresney	Executive VP & Chief Information Officer	no data	no data	no data
Brad Wilson	Senior VP of Investor Relations & Treasurer	1.5yrs	no data	no data
Rohit Mull	Executive VP	no data	no data	no data
Lucinda Bennett	Executive VP & Chief HR Officer	4.9yrs	no data	no data
Charles Adams	Senior VP & Regional Manager of Mid-Atlantic Region	no data	no data	no data
Jeffrey Kamrowski	Executive Vice President of MUSIC	no data	no data	0.12% $ 7.1m

11.3yrs

Average Tenure

57yo

Average Age

Experienced Management: SIGI's management team is seasoned and experienced (11.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Marchioni	CEO, President & Chairman	5.6yrs	US$5.98m	0.22% $ 12.6m
Philip Urban	Independent Director	10.4yrs	US$229.39k	0.042% $ 2.4m
Helen Mitchell	Independent Director	6.8yrs	US$245.08k	0.017% $ 992.5k
Stephen Mills	Independent Director	4.3yrs	US$210.08k	0.0037% $ 211.7k
Wole Coaxum	Independent Director	4.3yrs	US$210.08k	0.0046% $ 260.5k
Ainar Aijala	Independent Director	4.3yrs	US$210.08k	0.0056% $ 315.5k
Lisa Bacus	Independent Director	4.3yrs	US$210.08k	0.0037% $ 211.7k
Terrence Cavanaugh	Independent Director	6.4yrs	US$210.13k	0.030% $ 1.7m
Cynthia Nicholson	Independent Director	15.3yrs	US$235.13k	0.026% $ 1.5m
John Scheid	Independent Director	10.3yrs	US$210.08k	0.043% $ 2.4m
Thomas McCarthy	Independent Director	6.9yrs	US$245.13k	0.027% $ 1.5m
Robert Doherty	Lead Independent Director	9.1yrs	US$250.08k	0.032% $ 1.8m

6.6yrs

Average Tenure

65yo

Average Age

Experienced Board: SIGI's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:26
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Selective Insurance Group, Inc. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Zaremski	BMO Capital Markets Equity Research
Robert Farnam	Boenning & Scattergood, Inc.
Grace Carter	BofA Global Research

Selective Insurance Group Management

Management criteria checks 4/4

Key information

Recent management updates

Selective Insurance Group, Inc. Announces Chief Financial Officer Changes

Selective Insurance Group, Inc. Appoints Kate Sampson to its Board of Directors

Selective Insurance Group, Inc., Annual General Meeting, May 01, 2024

CEO, President & Chairman recently sold US$2.1m worth of stock

CEO, President & Chairman notifies of intention to sell stock

Selective Insurance Group, Inc. Announces Chief Financial Officer Changes

Recent updates

Upcoming dividend of US$0.38 per share

Balancing Growth And Headwinds: Selective Insurance Group's Review

Third quarter dividend of US$0.38 announced

Selective Insurance Group, Inc. Updates Earnings Guidance for the Full Year 2024

New minor risk - Profit margin trend

Third quarter 2024 earnings: EPS misses analyst expectations

Selective Insurance Group, Inc. to Report Q3, 2024 Results on Oct 21, 2024

Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Popularity With Investors Is Clear

Selective Insurance Group, Inc. Announces Chief Financial Officer Changes

Upcoming dividend of US$0.35 per share

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 7.9% to US$96.86

Investor sentiment deteriorates as stock falls 16%

Selective Insurance Group, Inc. Announces Quarterly Cash Dividend, Payable on September 3, 2024

Consensus EPS estimates fall by 40%

Selective Insurance Group, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Selective Insurance Group, Inc. Appoints Kate Sampson to its Board of Directors

Selective Insurance: Time To Be Selective

Consensus EPS estimates fall by 10%

First quarter dividend of US$0.35 announced

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend, Payable on June 3, 2024

First quarter 2024 earnings: EPS misses analyst expectations

Selective Insurance Group, Inc. to Report Q1, 2024 Results on May 01, 2024

Selective Insurance Group, Inc., Annual General Meeting, May 01, 2024

Upcoming dividend of US$0.35 per share at 1.4% yield

Selective Insurance Group (NASDAQ:SIGI) Has Announced A Dividend Of $0.35

Fourth quarter dividend of US$0.35 announced

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

The Price Is Right For Selective Insurance Group, Inc. (NASDAQ:SIGI)

Selective Insurance Group, Inc. to Report Q4, 2023 Results on Jan 31, 2024

CEO, President & Chairman recently sold US$2.1m worth of stock

CEO, President & Chairman notifies of intention to sell stock

Upcoming dividend of US$0.35 per share at 1.3% yield

Third quarter 2023 earnings: EPS misses analyst expectations

Selective Insurance Group, Inc. Announces Dividend for Third Quarter 2023 , Payable December 1, 2023

Selective Insurance Group, Inc. Announces Chief Financial Officer Changes

New minor risk - Insider selling

Independent Director notifies of intention to sell stock

Now 22% undervalued

Upcoming dividend of US$0.30 per share at 1.2% yield

Second quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on September 1, 2023

Now 20% undervalued

Selective Insurance Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Independent Director recently sold US$118k worth of stock

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable June 1, 2023

First quarter 2023 earnings: EPS misses analyst expectations

Executive VP & COO of Standard Lines recently sold US$319k worth of stock

Executive VP & COO of Standard Lines notifies of intention to sell stock

Now 20% undervalued

Price target increased by 7.7% to US$101

Independent Director recently sold US$2.0m worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on March 1, 2023

Now 22% undervalued after recent price drop

Selective Insurance Group, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter Ended December 31, 2022

Selective Insurance Group, Inc. to Report Q4, 2022 Results on Feb 02, 2023

Now 20% undervalued

Now 20% undervalued

Executive VP & COO of Standard Lines recently sold US$268k worth of stock

Independent Director recently sold US$305k worth of stock

Now 22% undervalued

Upcoming dividend of US$0.30 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Selective Insurance Group, Inc. Declares Quarterly Cash Dividend, Payable December 1, 2022

Selective Insurance Group, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Selective Insurance Introduces New Privacy Solution to Reduce the Risk of Data Breach Following A Total Vehicle Loss

Independent Director recently sold US$549k worth of stock

Selective Insurance goes ex-dividend tomorrow