Vericity Management
Management criteria checks 3/4
Vericity's CEO is Jim Hohmann, appointed in Sep 2014, has a tenure of 9.67 years. total yearly compensation is $1.62M, comprised of 47.4% salary and 52.6% bonuses, including company stock and options. directly owns 4.21% of the company’s shares, worth $7.08M. The average tenure of the management team and the board of directors is 6.8 years and 4.8 years respectively.
Key information
Jim Hohmann
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 47.4% |
| CEO tenure | 9.7yrs |
| CEO ownership | 4.2% |
| Management average tenure | 6.8yrs |
| Board average tenure | 4.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$767k | -US$10m |
| Sep 30 2023 | n/a | n/a | -US$15m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$17m |
| Dec 31 2022 | US$1m | US$767k | -US$20m |
| Sep 30 2022 | n/a | n/a | -US$17m |
| Jun 30 2022 | n/a | n/a | -US$17m |
| Mar 31 2022 | n/a | n/a | -US$16m |
| Dec 31 2021 | US$1m | US$767k | -US$17m |
| Sep 30 2021 | n/a | n/a | -US$19m |
| Jun 30 2021 | n/a | n/a | -US$17m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$1m | US$745k | -US$25m |
| Sep 30 2020 | n/a | n/a | -US$21m |
| Jun 30 2020 | n/a | n/a | -US$26m |
| Mar 31 2020 | n/a | n/a | -US$22m |
| Dec 31 2019 | US$3m | US$725k | -US$19m |
| Sep 30 2019 | n/a | n/a | -US$22m |
| Jun 30 2019 | n/a | n/a | -US$16m |
| Mar 31 2019 | n/a | n/a | -US$17m |
| Dec 31 2018 | US$2m | US$700k | -US$14m |
| Sep 30 2018 | n/a | n/a | -US$12m |
| Dec 31 2017 | US$1m | US$675k | -US$8m |
Compensation vs Market: Jim's total compensation ($USD1.62M) is about average for companies of similar size in the US market ($USD1.63M).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
CEO
Jim Hohmann (67 yo)
9.7yrs
Tenure
US$1,620,029
Compensation
Mr. James Edward Hohmann, also known as Jim, has been a Director of MIB Group, Inc. since May 2017. He was the Chairman of MIB Group, Inc. since May 17, 2019 until May 15, 2020 and was the Vice Chairman si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.7yrs | US$1.62m | 4.21% $ 7.1m | |
| Executive VP & Chief Marketing Officer | 1.3yrs | US$1.45m | no data | |
| Executive Vice President | 5.3yrs | US$797.15k | 2.2% $ 3.7m | |
| Executive VP | 9.8yrs | no data | no data | |
| Executive VP | 3.7yrs | no data | no data | |
| Executive VP | 8.3yrs | no data | no data |
6.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: VERY's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.7yrs | US$1.62m | 4.21% $ 7.1m | |
| Chairman of the Board | 4.8yrs | no data | no data | |
| Member of Advisory Board | 4.8yrs | US$100.00k | no data | |
| Independent Director | 4.8yrs | no data | no data | |
| Member of Advisory Board | 4.8yrs | US$100.00k | no data | |
| Member of Advisory Board | 4.8yrs | US$100.00k | no data | |
| Independent Director | 4.8yrs | US$100.00k | no data | |
| Member of Advisory Board | 1.8yrs | US$100.00k | no data | |
| Independent Director | 11.3yrs | US$100.00k | 1.3% $ 2.2m | |
| Director | 1.8yrs | US$554.79k | 0.81% $ 1.4m | |
| Independent Director | 4.8yrs | no data | 0.0031% $ 5.1k |
4.8yrs
Average Tenure
67yo
Average Age
Experienced Board: VERY's board of directors are considered experienced (4.8 years average tenure).