Kingsway Financial Services Management
Management criteria checks 4/4
Kingsway Financial Services' CEO is JT Fitzgerald, appointed in Mar 2017, has a tenure of 7.08 years. total yearly compensation is $610.19K, comprised of 94.1% salary and 5.9% bonuses, including company stock and options. directly owns 5.92% of the company’s shares, worth $13.67M. The average tenure of the management team and the board of directors is 7.7 years and 5.9 years respectively.
Key information
JT Fitzgerald
Chief executive officer
US$610.2k
Total compensation
| CEO salary percentage | 94.1% |
| CEO tenure | 7.1yrs |
| CEO ownership | 5.9% |
| Management average tenure | 7.7yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Kingsway: Weak Q4 2023 Results And The Valuation Looks Stretched (Rating Downgrade)
Mar 12The Market Doesn't Like What It Sees From Kingsway Financial Services Inc.'s (NYSE:KFS) Earnings Yet
Dec 14
Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)
Oct 26Kingsway Financial: An Undervalued Compounder With An 'Outsiders' CEO
Jan 30Kingsway Financial Services sells Texas railyard
Dec 29Kingsway Financial Services EPS of $1.49, revenue of $26.03M
Nov 10Kingsway Financial Services acquires CSuite Financial for $8.5M
Nov 01Kingsway Financial Services reports Q2 results
Aug 04It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year
May 22What Is The Ownership Structure Like For Kingsway Financial Services Inc. (NYSE:KFS)?
Jan 31
Have Insiders Been Buying Kingsway Financial Services Inc. (NYSE:KFS) Shares?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$610k | US$574k | US$25m |
| Sep 30 2023 | n/a | n/a | US$32m |
| Jun 30 2023 | n/a | n/a | US$73m |
| Mar 31 2023 | n/a | n/a | US$71m |
| Dec 31 2022 | US$1m | US$500k | US$39m |
| Sep 30 2022 | n/a | n/a | US$28m |
| Jun 30 2022 | n/a | n/a | -US$13m |
| Mar 31 2022 | n/a | n/a | -US$10m |
| Dec 31 2021 | US$6m | US$500k | -US$5m |
| Sep 30 2021 | n/a | n/a | -US$5m |
| Jun 30 2021 | n/a | n/a | -US$5m |
| Mar 31 2021 | n/a | n/a | -US$6m |
| Dec 31 2020 | US$872k | US$500k | -US$8m |
| Sep 30 2020 | n/a | n/a | -US$7m |
| Jun 30 2020 | n/a | n/a | -US$10m |
| Mar 31 2020 | n/a | n/a | -US$10m |
| Dec 31 2019 | US$774k | US$500k | -US$5m |
| Sep 30 2019 | n/a | n/a | -US$16m |
| Jun 30 2019 | n/a | n/a | -US$15m |
| Mar 31 2019 | n/a | n/a | -US$19m |
| Dec 31 2018 | US$711k | US$433k | -US$25m |
| Sep 30 2018 | n/a | n/a | -US$344k |
| Jun 30 2018 | n/a | n/a | US$1m |
| Mar 31 2018 | n/a | n/a | -US$4m |
| Dec 31 2017 | US$370k | US$350k | -US$2m |
Compensation vs Market: JT's total compensation ($USD610.19K) is below average for companies of similar size in the US market ($USD1.65M).
Compensation vs Earnings: JT's compensation has been consistent with company performance over the past year.
CEO
JT Fitzgerald (52 yo)
7.1yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$610.19k | 5.92% $ 13.7m | |
| Executive VP & CFO | 4.2yrs | US$467.06k | 0.45% $ 1.0m | |
| Senior Vice President | no data | no data | no data | |
| President of Assigned Risk Solutions Ltd | 13.3yrs | US$451.49k | no data | |
| CEO of Maison Insurance Company & President of Maison Insurance Company | 11.4yrs | no data | no data | |
| President of Mendota Insurance Company | 7.7yrs | no data | no data |
7.7yrs
Average Tenure
55yo
Average Age
Experienced Management: KFS's management team is seasoned and experienced (7.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8yrs | US$610.19k | 5.92% $ 13.7m | |
| Member of Advisory Board | 2yrs | no data | no data | |
| Independent Director | 15yrs | US$80.00k | 0.59% $ 1.4m | |
| Independent Director | 1.9yrs | US$80.00k | 6.75% $ 15.6m | |
| Member of Advisory Board | 2yrs | no data | no data | |
| Independent Chairman of the Board | 15yrs | US$120.00k | 0.13% $ 292.9k | |
| Independent Director | 14.6yrs | US$120.00k | 0.16% $ 377.2k | |
| Independent Director | 5.9yrs | US$80.00k | 5.23% $ 12.1m | |
| Independent Director | 3.6yrs | US$80.00k | no data |
5.9yrs
Average Tenure
61yo
Average Age
Experienced Board: KFS's board of directors are considered experienced (5.9 years average tenure).