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 2.33 years. total yearly compensation is $2.75M, comprised of 27.3% salary and 72.7% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth $472.84K. The average tenure of the management team and the board of directors is 2.7 years and 10.8 years respectively.
Key information
Kevin Leidwinger
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 27.3% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.7yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
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 |
|---|---|---|---|
| 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$15m |
Compensation vs Market: Kevin's total compensation ($USD2.75M) is about average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Leidwinger (60 yo)
2.3yrs
Tenure
US$2,750,297
Compensation
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 | 2.3yrs | US$2.75m | 0.064% $ 472.8k | |
| Executive VP & CFO | 2.7yrs | US$1.12m | 0.043% $ 317.6k | |
| Executive VP & COO | 1.9yrs | US$3.17m | 0.053% $ 391.8k | |
| Senior VP & Chief Risk Officer | 4.6yrs | US$740.65k | 0.15% $ 1.1m | |
| Assistant VP & Training Director | 8.6yrs | US$3.17m | no data | |
| VP & Chief Accounting Officer | less than a year | no data | 0.0059% $ 43.4k | |
| Senior Vice President & Chief Administrative Officer | less than a year | no data | 0.0010% $ 7.4k | |
| Senior VP | 2.8yrs | no data | 0.00054% $ 4.0k | |
| VP & Chief Marketing Officer | 6.6yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | no data | |
| Asst. VP & Region Marketing Manager | 13.6yrs | no data | no data | |
| Senior VP & Chief Claims Officer | 5.8yrs | no data | 0.049% $ 362.6k |
2.7yrs
Average Tenure
56yo
Average Age
Experienced Management: UFCS's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$2.75m | 0.064% $ 472.8k | |
| Independent Chairman of the Board | 15.1yrs | US$216.50k | 0.10% $ 732.9k | |
| Independent Director | 27.9yrs | US$171.50k | 1.41% $ 10.4m | |
| Independent Director | 25.9yrs | US$175.50k | 0.30% $ 2.2m | |
| Independent Director | 8.1yrs | US$182.50k | 0.066% $ 481.6k | |
| Independent Director | 11.8yrs | US$157.50k | 0.092% $ 678.2k | |
| Independent Director | 10.8yrs | US$174.00k | 0.081% $ 597.5k | |
| Independent Director | 12.6yrs | US$174.50k | 1.05% $ 7.7m | |
| Independent Director | 2.8yrs | US$160.50k | 0.042% $ 305.8k | |
| Independent Director | 4.6yrs | US$161.50k | 0.051% $ 375.2k | |
| Independent Director | 2.8yrs | US$156.50k | 0.039% $ 282.6k |
10.8yrs
Average Tenure
62yo
Average Age
Experienced Board: UFCS's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:23 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
United Fire Group, Inc. is covered by 6 analysts. 1 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 |
|---|---|
| Quentin McMillan | Keefe, Bruyette, & Woods |
| Clifford Gallant | Nomura Securities Co. Ltd. |
| Jon Paul Newsome | Piper Sandler Companies |