Everest Group Management
Management criteria checks 4/4
Everest Group's CEO is Juan Andrade, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $9.91M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $23.27M. The average tenure of the management team and the board of directors is 3.5 years and 9 years respectively.
Key information
Juan Andrade
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 12.6% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.5yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
Everest Group: Mixed Q1 Leaves Me Cautious On Long-Term Goals
May 06Investors Holding Back On Everest Group, Ltd. (NYSE:EG)
Apr 05
With EPS Growth And More, Everest Group (NYSE:EG) Makes An Interesting Case
Mar 09Everest Group: Navigating The Insurance Landscape With Strategic Expansion And Strong Reinsurance Tailwinds
Feb 27A Piece Of The Puzzle Missing From Everest Group, Ltd.'s (NYSE:EG) Share Price
Dec 18Everest Group Appears At Fair Value, Assuming Normalization In Cat Losses
Dec 13Does Everest Group (NYSE:EG) Deserve A Spot On Your Watchlist?
Nov 21Everest Group: Fantastic Performance As Pricing Momentum Continues
Oct 04Here's Why We Think Everest Group (NYSE:EG) Might Deserve Your Attention Today
Aug 07Everest Re: P&C Strategy And Localized Growth Support A Reversion Theme
Jul 09Everest Re Group (NYSE:RE) Has Affirmed Its Dividend Of $1.65
May 22Everest Re Group Q4 2022 Earnings Preview
Feb 07Everest Re: The Drivers Behind The Big Rally
Jan 31Everest Re Group declares $1.65 dividend
Nov 10Everest Re: Premiums And Margins Climb
Oct 25Everest Re Group estimates $730M of Q3 pre-tax net catastrophe losses
Oct 19Everest Re stock falls as Q2 net income slumps 82% Y/Y
Jul 28If EPS Growth Is Important To You, Everest Re Group (NYSE:RE) Presents An Opportunity
Jul 27Everest Re Group's (NYSE:RE) Shareholders Will Receive A Bigger Dividend Than Last Year
May 16Everest Re And The Return Of The Value Of Float
May 16Everest Re Group's (NYSE:RE) Dividend Will Be US$1.55
Feb 28Everest Re Group: A (Very) Strong Buy
Feb 24Everest Re Group, Ltd. (NYSE:RE) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$10m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$655m |
| Dec 31 2022 | US$9m | US$1m | US$589m |
| Sep 30 2022 | n/a | n/a | US$525m |
| Jun 30 2022 | n/a | n/a | US$772m |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$9m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$999m |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$829m |
| Dec 31 2020 | US$8m | US$1m | US$508m |
Compensation vs Market: Juan's total compensation ($USD9.91M) is about average for companies of similar size in the US market ($USD13.59M).
Compensation vs Earnings: Juan's compensation has been consistent with company performance over the past year.
CEO
Juan Andrade (57 yo)
4.3yrs
Tenure
US$9,909,531
Compensation
Mr. Juan Carlos Andrade has been Chief Executive Officer and President at Everest Group, Ltd. (formerly known as Everest Re Group, Ltd.) since January 1, 2020. He serves as a Director of Everest Group, Ltd...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$9.91m | 0.14% $ 23.3m | |
| Executive VP & Group CFO | 3.6yrs | US$4.52m | 0.069% $ 11.3m | |
| EVP, Group COO & Head of Everest Insurance Division | 3.6yrs | US$3.90m | 0.035% $ 5.8m | |
| Executive VP & Chief Human Resources Officer | no data | US$1.97m | 0.032% $ 5.2m | |
| Executive VP & Chairman of Everest Global Insurance | 3.8yrs | US$3.46m | 0.030% $ 4.9m | |
| Chief Investment Officer | no data | no data | no data | |
| Senior VP & Chief Accounting Officer | no data | no data | 0.014% $ 2.3m | |
| Head of Corporate Finance | no data | no data | no data | |
| Group Chief Information Officer | 1.3yrs | no data | no data | |
| Senior VP & Head of Investor Relations | 2yrs | no data | no data | |
| Executive VP & Group General Counsel | less than a year | no data | no data | |
| Senior VP & Chief Communications Officer | 3.3yrs | no data | no data |
3.5yrs
Average Tenure
55.5yo
Average Age
Experienced Management: EG's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$9.91m | 0.14% $ 23.3m | |
| Independent Director | 8yrs | US$464.73k | 0.036% $ 5.9m | |
| Chairman of the Board | 28.2yrs | US$764.73k | 0.72% $ 118.3m | |
| Independent Director | 5yrs | US$464.73k | 0.023% $ 3.8m | |
| Independent Director | 28.2yrs | US$464.73k | 0.15% $ 24.3m | |
| Independent Lead Director | 14.3yrs | US$474.73k | 0.041% $ 6.7m | |
| Independent Director | 11.7yrs | US$464.73k | 0.053% $ 8.8m | |
| Non-Executive Chairman of Everest Insurance (Ireland) | 1.1yrs | no data | no data | |
| Independent Director | 10yrs | US$464.73k | 0.032% $ 5.2m | |
| Independent Non-Executive Director | 1.5yrs | US$660.91k | 0.0052% $ 857.3k |
9.0yrs
Average Tenure
69yo
Average Age
Experienced Board: EG's board of directors are considered experienced (9 years average tenure).