Kingsway Financial Services Inc.

NYSE:KFS Stock Report

Market Cap: US$244.8m

Kingsway Financial Services Management

Management criteria checks 4/4

Kingsway Financial Services' CEO is JT Fitzgerald, appointed in Mar 2017, has a tenure of 7.67 years. total yearly compensation is $610.19K, comprised of 94.1% salary and 5.9% bonuses, including company stock and options. directly owns 5.75% of the company’s shares, worth $14.08M. The average tenure of the management team and the board of directors is 8.3 years and 6.5 years respectively.

Key information

JT Fitzgerald

Chief executive officer

US$610.2k

Total compensation

CEO salary percentage94.1%
CEO tenure7.7yrs
CEO ownership5.8%
Management average tenure8.3yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Kingsway: Weak Q4 2023 Results And The Valuation Looks Stretched (Rating Downgrade)

Mar 12

The Market Doesn't Like What It Sees From Kingsway Financial Services Inc.'s (NYSE:KFS) Earnings Yet

Dec 14
The Market Doesn't Like What It Sees From Kingsway Financial Services Inc.'s (NYSE:KFS) Earnings Yet

Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)

Oct 26

Kingsway Financial: An Undervalued Compounder With An 'Outsiders' CEO

Jan 30

Kingsway Financial Services sells Texas railyard

Dec 29

Kingsway Financial Services EPS of $1.49, revenue of $26.03M

Nov 10

Kingsway Financial Services acquires CSuite Financial for $8.5M

Nov 01

Kingsway Financial Services reports Q2 results

Aug 04

It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year

May 22
It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year

What Is The Ownership Structure Like For Kingsway Financial Services Inc. (NYSE:KFS)?

Jan 31
What Is The Ownership Structure Like For Kingsway Financial Services Inc. (NYSE:KFS)?

Have Insiders Been Buying Kingsway Financial Services Inc. (NYSE:KFS) Shares?

Dec 07
Have Insiders Been Buying Kingsway Financial Services Inc. (NYSE:KFS) Shares?

CEO Compensation Analysis

How has JT Fitzgerald's remuneration changed compared to Kingsway Financial Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$7m

Jun 30 2024n/an/a

-US$6m

Mar 31 2024n/an/a

-US$5m

Dec 31 2023US$610kUS$574k

US$25m

Sep 30 2023n/an/a

US$32m

Jun 30 2023n/an/a

US$73m

Mar 31 2023n/an/a

US$71m

Dec 31 2022US$1mUS$500k

US$39m

Sep 30 2022n/an/a

US$28m

Jun 30 2022n/an/a

-US$13m

Mar 31 2022n/an/a

-US$10m

Dec 31 2021US$6mUS$500k

-US$5m

Sep 30 2021n/an/a

-US$5m

Jun 30 2021n/an/a

-US$5m

Mar 31 2021n/an/a

-US$6m

Dec 31 2020US$872kUS$500k

-US$8m

Sep 30 2020n/an/a

-US$7m

Jun 30 2020n/an/a

-US$10m

Mar 31 2020n/an/a

-US$10m

Dec 31 2019US$774kUS$500k

-US$5m

Sep 30 2019n/an/a

-US$16m

Jun 30 2019n/an/a

-US$15m

Mar 31 2019n/an/a

-US$19m

Dec 31 2018US$711kUS$433k

-US$25m

Sep 30 2018n/an/a

-US$344k

Jun 30 2018n/an/a

US$1m

Mar 31 2018n/an/a

-US$4m

Dec 31 2017US$370kUS$350k

-US$2m

Compensation vs Market: JT's total compensation ($USD610.19K) is below average for companies of similar size in the US market ($USD1.48M).

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

CEO

JT Fitzgerald (53 yo)

7.7yrs

Tenure

US$610,192

Compensation

Mr. John Taylor-Maloney Fitzgerald, also known as JT, has been the Chief Executive Officer of Kingsway Financial Services Inc. since September 5, 2018. He served as a Director at Itasca Capital Ltd. since...

Leadership Team

NamePositionTenureCompensationOwnership
John Fitzgerald
President7.7yrsUS$610.19k5.75%
$ 14.1m
Kent Hansen
Executive VP & CFO4.8yrsUS$467.06k0.46%
$ 1.1m
Adam Prior
Senior Vice Presidentno datano datano data
Leonia Rodrigues
President of Assigned Risk Solutions Ltd13.8yrsUS$451.15kno data
Douglas Raucy
CEO of Maison Insurance Company & President of Maison Insurance Company12yrsno datano data
Stephen Harrison
President of Mendota Insurance Company8.3yrsno datano data

8.3yrs

Average Tenure

56yo

Average Age

Experienced Management: KFS's management team is seasoned and experienced (8.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Fitzgerald
President8.6yrsUS$610.19k5.75%
$ 14.1m
William Thorndike
Member of Advisory Board2.6yrsno datano data
Joseph Stilwell
Independent Director15.6yrsUS$80.00k0.59%
$ 1.4m
Charles Frischer
Independent Director2.5yrsUS$80.00k6.72%
$ 16.5m
Thomas Joyce
Member of Advisory Board2.6yrsno datano data
Terence Kavanagh
Independent Chairman of the Board15.6yrsUS$120.00k0.13%
$ 308.6k
Gregory Hannon
Independent Director15.2yrsUS$120.00k0.17%
$ 424.0k
Douglas Levine
Independent Director6.5yrsUS$80.00k5.21%
$ 12.8m
Corissa Porcelli
Independent Director4.2yrsUS$80.00kno data

6.5yrs

Average Tenure

62yo

Average Age

Experienced Board: KFS's board of directors are considered experienced (6.5 years average tenure).