Kemper Management
Management criteria checks 3/4
Kemper's CEO is Joe Lacher, appointed in Nov 2015, has a tenure of 8.42 years. total yearly compensation is $8.53M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $7.26M. The average tenure of the management team and the board of directors is 6.3 years and 5.8 years respectively.
Key information
Joe Lacher
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 8.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.3yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Kemper (NYSE:KMPR) Is Due To Pay A Dividend Of $0.31
Feb 13
Kemper Baby Bond A Bargain: 10.36% Current Reset Rate Being Ignored
Dec 27Revenues Not Telling The Story For Kemper Corporation (NYSE:KMPR)
Dec 21Depressed Valuation And Strong Guidance Enable Growth For Kemper Corporation
Nov 13Kemper Corporation (NYSE:KMPR) Analysts Just Slashed Next Year's Revenue Estimates By 10%
Nov 08Kemper (NYSE:KMPR) Will Pay A Dividend Of $0.31
Aug 09Kemper: Losses Continue And Investors Are Wise To Stay Away
Jul 25Kemper (NYSE:KMPR) Has Affirmed Its Dividend Of $0.31
May 09Kemper Has Delivered On Self-Help Initiatives And The Share Price Reflects This
Feb 16Kemper (NYSE:KMPR) Is Due To Pay A Dividend Of $0.31
Feb 05Credit Suisse upgrades Kemper to Neutral, but cuts estimates on higher combined ratios
Jan 30Kemper declares $0.31 dividend
Nov 02Kemper Managing Through A Tough Situation, But Catalysts Still Lacking
Aug 23Kemper to sell Reserve National Insurance to Medical Mutual for $90M
Aug 01Kemper (NYSE:KMPR) Has Announced A Dividend Of US$0.31
May 09Kemper Hit Hard As Claims Cost Rise Much Faster Than Rates
Mar 10Kemper (NYSE:KMPR) Is Due To Pay A Dividend Of US$0.31
Feb 08Kemper Hammered With Higher Losses, But The Longer-Term Value Is Still Meaningful
Aug 13Do Kemper's (NYSE:KMPR) Earnings Warrant Your Attention?
May 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$9m | US$1m | -US$272m |
| Sep 30 2023 | n/a | n/a | -US$391m |
| Jun 30 2023 | n/a | n/a | -US$320m |
| Mar 31 2023 | n/a | n/a | -US$295m |
| Dec 31 2022 | US$8m | US$1m | -US$287m |
| Sep 30 2022 | n/a | n/a | -US$339m |
| Jun 30 2022 | n/a | n/a | -US$339m |
| Mar 31 2022 | n/a | n/a | -US$330m |
| Dec 31 2021 | US$8m | US$1m | -US$124m |
| Sep 30 2021 | n/a | n/a | US$83m |
| Jun 30 2021 | n/a | n/a | US$280m |
| Mar 31 2021 | n/a | n/a | US$469m |
| Dec 31 2020 | US$9m | US$1m | US$410m |
| Sep 30 2020 | n/a | n/a | US$437m |
| Jun 30 2020 | n/a | n/a | US$443m |
| Mar 31 2020 | n/a | n/a | US$439m |
| Dec 31 2019 | US$9m | US$971k | US$529m |
| Sep 30 2019 | n/a | n/a | US$410m |
| Jun 30 2019 | n/a | n/a | US$373m |
| Mar 31 2019 | n/a | n/a | US$289m |
| Dec 31 2018 | US$7m | US$750k | US$187m |
| Sep 30 2018 | n/a | n/a | US$218m |
| Jun 30 2018 | n/a | n/a | US$174m |
| Mar 31 2018 | n/a | n/a | US$173m |
| Dec 31 2017 | US$5m | US$750k | US$119m |
Compensation vs Market: Joe's total compensation ($USD8.53M) is about average for companies of similar size in the US market ($USD6.57M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
CEO
Joe Lacher (54 yo)
8.4yrs
Tenure
US$8,534,646
Compensation
Mr. Joseph Patrick Lacher, Jr., also known as Joe has been the President, Chief Executive Officer and Director of Kemper Corporation since November 11, 2015. He is Non-Executive Chairman of Kemper Corporat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.4yrs | US$8.53m | 0.19% $ 7.3m | |
| Executive VP & CFO | less than a year | US$1.87m | 0.022% $ 839.5k | |
| Executive VP & Chief Investment Officer | 14.9yrs | US$2.47m | 0.031% $ 1.2m | |
| Executive VP and Chief Claims Officer of P&C | 6.3yrs | US$2.81m | 0.036% $ 1.4m | |
| Executive VP & President of Kemper Auto | 4.9yrs | US$2.26m | 0.020% $ 748.4k | |
| Executive Vice President of Operations & Systems | 7.1yrs | US$2.10m | 0.043% $ 1.6m | |
| Senior VP & Chief Accounting Officer | 1.6yrs | no data | 0.017% $ 644.6k | |
| Executive VP | 3.3yrs | no data | 0.018% $ 658.6k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 12.9yrs | no data | 0.084% $ 3.2m | |
| Assistant Vice President of Corporate Communications | 6.3yrs | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data |
6.3yrs
Average Tenure
55yo
Average Age
Experienced Management: KMPR's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.4yrs | US$8.53m | 0.19% $ 7.3m | |
| Independent Director | 4.2yrs | US$261.55k | 0.0096% $ 362.6k | |
| Independent Director | 9.2yrs | US$334.51k | 0.026% $ 962.8k | |
| Director | 10.9yrs | US$233.32k | 3.87% $ 145.7m | |
| Independent Director | 5.8yrs | US$253.13k | 0.029% $ 1.1m | |
| Independent Director | 2.2yrs | US$236.24k | 0.019% $ 709.7k | |
| Independent Director | 6.7yrs | US$246.94k | 0.0096% $ 361.1k | |
| Independent Director | 7.7yrs | US$248.04k | 0.012% $ 448.7k | |
| Lead Independent Director | 3.4yrs | US$296.62k | 0.070% $ 2.6m | |
| Independent Director | 1.2yrs | US$258.46k | 0.0023% $ 85.8k | |
| Independent Director | less than a year | no data | no data |
5.8yrs
Average Tenure
61yo
Average Age
Experienced Board: KMPR's board of directors are considered experienced (5.8 years average tenure).