United Fire Group Management
Management criteria checks 4/4
United Fire Group's CEO is Kevin Leidwinger, appointed in Aug 2022, has a tenure of 2.75 years. total yearly compensation is $3.60M, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 0.074% of the company’s shares, worth $526.59K. The average tenure of the management team and the board of directors is 2.8 years and 11.3 years respectively.
Key information
Kevin Leidwinger
Chief executive officer
US$3.6m
Total compensation
| CEO salary percentage | 21.86% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.8yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
New System Implementation Expected To Improve Efficiency And Margins By 2025
Strong net premium growth and improved combined ratio indicate potential for increased revenue and profitability.The Market Lifts United Fire Group, Inc. (NASDAQ:UFCS) Shares 28% But It Can Do More
Nov 07
Market Might Still Lack Some Conviction On United Fire Group, Inc. (NASDAQ:UFCS) Even After 28% Share Price Boost
Nov 07United Fire Group: Underwriting Results On An Upswing
Apr 24United Fire Group (NASDAQ:UFCS) Has Affirmed Its Dividend Of $0.16
Feb 29United Fire Group (NASDAQ:UFCS) Is Paying Out A Dividend Of $0.16
Nov 23United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16
Aug 24United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16
May 22United Fire Group COO to retire
Aug 16United Fire Non-GAAP EPS of $0.24, Net premiums earned of $231.2M
Aug 04United Fire Group appoints president and CEO
Jul 07United Fire Group: Turnaround Could Lead To Re-Rate
Jun 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$66m |
| Dec 31 2024 | US$4m | US$788k | US$62m |
| Sep 30 2024 | n/a | n/a | US$50m |
| Jun 30 2024 | n/a | n/a | US$37m |
| Mar 31 2024 | n/a | n/a | -US$17m |
| Dec 31 2023 | US$3m | US$750k | -US$30m |
| Sep 30 2023 | n/a | n/a | -US$29m |
| Jun 30 2023 | n/a | n/a | -US$59m |
| Mar 31 2023 | n/a | n/a | -US$13m |
| Dec 31 2022 | US$2m | US$258k | US$15m |
Compensation vs Market: Kevin's total compensation ($USD3.60M) is about average for companies of similar size in the US market ($USD3.99M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Leidwinger (60 yo)
Mr. Kevin James Leidwinger serves as Director at United Fire Group, Inc since 2022 and serves as Principal Executive Officer at United Fire Group, Inc. He serves as President and Chief Executive Officer at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$3.60m | 0.074% $ 526.6k | |
| Executive VP | 3.1yrs | US$1.50m | 0.054% $ 380.2k | |
| Executive VP & COO | 2.3yrs | US$2.06m | 0.12% $ 861.3k | |
| Senior VP | 3.2yrs | US$1.02m | 0.011% $ 74.7k | |
| Senior VP & Chief Human Resources Officer | 1yr | US$1.14m | 0.043% $ 303.4k | |
| VP, Chief Accounting Officer & Controller | less than a year | no data | 0.0059% $ 41.6k | |
| Senior Vice President & Chief Administrative Officer | 1.3yrs | no data | 0.0010% $ 7.1k | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP & Chief Marketing Officer | 7yrs | no data | no data | |
| Asst. VP & Region Marketing Manager | 14yrs | no data | no data | |
| Senior VP & Chief Claims Officer | 6.3yrs | no data | 0.062% $ 437.4k | |
| Senior Vice President of Field Operations | 1.3yrs | US$543.34k | 0% $ 0 |
Experienced Management: UFCS's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$3.60m | 0.074% $ 526.6k | |
| Independent Chairman of the Board | 15.5yrs | US$221.84k | 0.11% $ 800.5k | |
| Independent Director | 28.3yrs | US$171.84k | 3.14% $ 22.2m | |
| Independent Director | 26.3yrs | US$180.84k | 0.31% $ 2.2m | |
| Independent Director | 8.5yrs | US$187.84k | 0.063% $ 447.0k | |
| Independent Director | 12.3yrs | US$162.84k | 0.094% $ 661.4k | |
| Independent Director | 11.3yrs | US$179.34k | 0.081% $ 573.3k | |
| Independent Director | 13yrs | US$176.84k | 1.05% $ 7.4m | |
| Independent Director | 3.3yrs | US$175.84k | 0.042% $ 293.4k | |
| Independent Director | 5yrs | US$164.84k | 0.051% $ 360.1k | |
| Independent Director | 3.3yrs | US$166.84k | 0.038% $ 271.2k |
Experienced Board: UFCS's board of directors are seasoned and experienced ( 11.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 04:59 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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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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
United Fire Group, Inc. is covered by 6 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 |
|---|---|
| Jason Weaver | JonesTrading Institutional Services, LLC |
| Quentin McMillan | Keefe, Bruyette, & Woods |
| Clifford Gallant | Nomura Securities Co. Ltd. |