Octave Specialty Group, Inc.

NYSE:AMBC Stock Report

Market Cap: US$417.1m

Octave Specialty Group Management

Management criteria checks 3/4

Octave Specialty Group's CEO is Claude LeBlanc, appointed in Jan 2017, has a tenure of 8.83 years. total yearly compensation is $6.34M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 2.33% of the company’s shares, worth $9.73M. The average tenure of the management team and the board of directors is 2.5 years and 7.7 years respectively.

Key information

Claude LeBlanc

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage14.19%
CEO tenure8.8yrs
CEO ownership2.3%
Management average tenure2.5yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Ambac: Surprise Acquisition Changes Outlook (Rating Downgrade)

Oct 03
User avatar

US Infrastructure Spending And Automation Will Unlock Insurance Potential

Diversification into specialty insurance and tech-driven operations is improving revenue stability, earnings quality, and operational efficiency.

Ambac: Despite EPS Miss, It's A Growth Company

Mar 01

Ambac Financial: Don't Get Lost In The Weeds; It's Working

Dec 27

Ambac Financial: Unbundling The Recent Sale And The New Acquisition

Jul 30

Ambac: Finally Shaking Off The Great Financial Crisis

Mar 27

Ambac: Releasable Liquidity And SOTP Analysis Reveals Upside Potential

Jan 10

Ambac Financial Group Inc: Debt Trap Disguised As Value Opportunity

Sep 24

Ambac Remains Discounted By An Apprehensive Market

Jun 14

Ambac settles with Nomura, closing financial crisis-era RMBS lawsuits

Jan 03

Just In: One Analyst Has Become A Lot More Bullish On Ambac Financial Group, Inc.'s (NYSE:AMBC) Earnings

May 12
Just In: One Analyst Has Become A Lot More Bullish On Ambac Financial Group, Inc.'s (NYSE:AMBC) Earnings

Best Warrants For 2022: 1847 Goedeker And Ambac

Dec 20

We Discuss Why Ambac Financial Group, Inc.'s (NYSE:AMBC) CEO Compensation May Be Closely Reviewed

May 19
We Discuss Why Ambac Financial Group, Inc.'s (NYSE:AMBC) CEO Compensation May Be Closely Reviewed

Broker Revenue Forecasts For Ambac Financial Group, Inc. (NYSE:AMBC) Are Surging Higher

May 13
Broker Revenue Forecasts For Ambac Financial Group, Inc. (NYSE:AMBC) Are Surging Higher

CEO Compensation Analysis

How has Claude LeBlanc's remuneration changed compared to Octave Specialty Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-US$48m

Jun 30 2025n/an/a

-US$36m

Mar 31 2025n/an/a

-US$29m

Dec 31 2024US$6mUS$900k

-US$6m

Sep 30 2024n/an/a

-US$78m

Jun 30 2024n/an/a

US$8m

Mar 31 2024n/an/a

US$10m

Dec 31 2023US$7mUS$900k

-US$20m

Sep 30 2023n/an/a

US$197m

Jun 30 2023n/an/a

US$471m

Mar 31 2023n/an/a

US$489m

Dec 31 2022US$6mUS$900k

-US$33m

Sep 30 2022n/an/a

US$327m

Jun 30 2022n/an/a

US$4m

Mar 31 2022n/an/a

-US$31m

Dec 31 2021US$7mUS$900k

-US$29m

Sep 30 2021n/an/a

-US$23m

Jun 30 2021n/an/a

-US$148m

Mar 31 2021n/an/a

-US$153m

Dec 31 2020US$6mUS$900k

-US$437m

Sep 30 2020n/an/a

-US$533m

Jun 30 2020n/an/a

-US$359m

Mar 31 2020n/an/a

-US$453m

Dec 31 2019US$6mUS$900k

-US$216m

Sep 30 2019n/an/a

-US$126m

Jun 30 2019n/an/a

-US$296m

Mar 31 2019n/an/a

-US$163m

Dec 31 2018US$6mUS$900k

US$186m

Compensation vs Market: Claude's total compensation ($USD6.34M) is above average for companies of similar size in the US market ($USD2.30M).

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

CEO

Claude LeBlanc (60 yo)

8.8yrs
Tenure
US$6,340,720
Compensation

Mr. Claude L. LeBlanc serves as Chief Executive officer and Director at Drivers Edge Insurance Company since 2022 until 2024. He is Board Member of Beat Capital Partners Limited from October 2025. He has b...

Leadership Team

NamePositionTenureCompensationOwnership
Claude LeBlanc
President8.8yrsUS$6.34m2.33%
$ 9.7m
David Trick
Executive VP19.5yrsUS$2.30m0.67%
$ 2.8m
Rhonta Smith
Executive VP & Group COOless than a yearUS$1.96m0.39%
$ 1.6m
Stephen Ksenak
Chief Legal Officer14.3yrsUS$1.94m0.47%
$ 2.0m
Cristina Ahn
Chief Accounting Officerless than a yearno datano data
Karen Beyer
MD & Head of Investor Relationsno datano datano data
Kate Smith
Director of Corporate Communications3.6yrsno datano data
Daniel McGinnis
Senior Managing Directorno datano data0.087%
$ 364.0k
Lawrence Metz
Senior Managing Director & General Counselless than a yearno datano data
William White
First VPno datano datano data
Naveen Anand
President of Cirrata Group2.5yrsno datano data
2.5yrs
Average Tenure
56yo
Average Age

Experienced Management: AMBC's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Claude LeBlanc
President8.8yrsUS$6.34m2.33%
$ 9.7m
Lisa Iglesias
Independent Director4.3yrsUS$314.65k0.19%
$ 783.8k
Joan Lamm-Tennant
Independent Director7.7yrsUS$314.65k0.24%
$ 1.0m
Kristi Matus
Independent Director2.4yrsUS$320.48k0.11%
$ 458.7k
Michael Price
Independent Director2.4yrsUS$299.65k0.47%
$ 2.0m
Ian Haft
Independent Director9.7yrsUS$334.65k0.30%
$ 1.3m
Jeffrey Stein
Independent Chairman of the Board12.5yrsUS$428.82k0.50%
$ 2.1m
7.7yrs
Average Tenure
59yo
Average Age

Experienced Board: AMBC's board of directors are considered experienced (7.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 14:34
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Octave Specialty Group, Inc. is covered by 7 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.

AnalystInstitution
Giuliano Anderes BolognaBTIG
Mary KaneCitigroup Inc
Giuliano Anderes BolognaCompass Point Research & Trading, LLC