This company has been acquired
Trean Insurance Group Management
Management criteria checks 3/4
Key information
Julie Baron
Chief executive officer
US$789.2k
Total compensation
| CEO salary percentage | 50.38% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
The Market Doesn't Like What It Sees From Trean Insurance Group, Inc.'s (NASDAQ:TIG) Earnings Yet
Nov 04
Trean insurance group increases surplus with $50M notes offering
Aug 24Trean Insurance Non-GAAP EPS of $0.11, revenue of $68.77M.
Aug 03Why Trean Insurance Group, Inc. (NASDAQ:TIG) Looks Like A Quality Company
Jan 29
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | US$789k | US$398k | -US$66m |
| Sep 30 2022 | n/a | n/a | US$27m |
| Jun 30 2022 | n/a | n/a | US$26m |
| Mar 31 2022 | n/a | n/a | US$22m |
| Dec 31 2021 | US$1m | US$325k | US$19m |
| Sep 30 2021 | n/a | n/a | US$26m |
| Jun 30 2021 | n/a | n/a | US$89m |
| Mar 31 2021 | n/a | n/a | US$88m |
| Dec 31 2020 | US$1m | US$300k | US$89m |
| Sep 30 2020 | n/a | n/a | US$91m |
| Jun 30 2020 | n/a | n/a | US$27m |
| Mar 31 2020 | n/a | n/a | US$32m |
| Dec 31 2019 | US$294k | US$203k | US$28m |
Compensation vs Market: Julie's total compensation ($USD789.17K) is below average for companies of similar size in the US market ($USD2.65M).
Compensation vs Earnings: Julie's compensation has been consistent with company performance over the past year.
CEO
Julie Baron (55 yo)
Ms. Julie Ann Baron is the President of Trean Insurance Group, Inc., since June 2021 July 2022 and served as its Chief Operating Officer from June 2021 to July 2022. She serves as Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 26.3yrs | US$884.71k | 6.85% $ 21.6m | |
| CEO, President & Director | 1.8yrs | US$789.17k | 0.046% $ 144.5k | |
| Treasurer & CFO | 1.8yrs | US$585.58k | 0.018% $ 57.6k | |
| Chief Legal Officer | 1.6yrs | US$535.18k | 0.017% $ 54.9k | |
| Chief Information & Security Officer | 4.5yrs | US$727.44k | 0.023% $ 72.6k | |
| Senior Vice President | 1.9yrs | no data | no data |
Experienced Management: TIG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 26.3yrs | US$884.71k | 6.85% $ 21.6m | |
| CEO, President & Director | less than a year | US$789.17k | 0.046% $ 144.5k | |
| Independent Director | 1.1yrs | US$98.48k | 0% $ 0 | |
| Independent Director | 7.8yrs | no data | no data | |
| Independent Director | 2.8yrs | US$115.37k | 0.0081% $ 25.6k | |
| Independent Director | 15.3yrs | US$192.50k | 0.27% $ 846.0k | |
| Director | 26.3yrs | US$100.00k | 2.07% $ 6.5m | |
| Independent Director | 2.7yrs | US$115.00k | 0.0081% $ 25.6k |
Experienced Board: TIG's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/22 09:39 |
| End of Day Share Price | 2023/04/20 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Trean Insurance Group, Inc. is covered by 4 analysts. 2 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 |
|---|---|
| Matthew Carletti | Citizens JMP Securities, LLC |
| David Motemaden | Evercore ISI |
| Jamminder Bhullar | J.P. Morgan |