Mercury General Management
Management criteria checks 4/4
Mercury General's CEO is Gabe Tirador, appointed in Jan 2007, has a tenure of 17.5 years. total yearly compensation is $1.70M, comprised of 71.9% salary and 28.1% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth $2.72M. The average tenure of the management team and the board of directors is 9.3 years and 7.4 years respectively.
Key information
Gabe Tirador
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 71.9% |
| CEO tenure | 17.5yrs |
| CEO ownership | 0.09% |
| Management average tenure | 9.3yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Jun 07
Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Mar 07Investors Holding Back On Mercury General Corporation (NYSE:MCY)
Jan 06Mercury General: From A Pariah To A Potential Candidate For Recovery
Nov 16Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175
Nov 04Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175
Aug 29Mercury General: Struggling Against Ongoing Headwinds
Aug 08Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175
Aug 05Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M
Feb 14Mercury General GAAP EPS of -$3.80, revenue of $785.6M
Aug 02Mercury General's (NYSE:MCY) Dividend Will Be US$0.64
May 07Mercury General's (NYSE:MCY) Dividend Will Be US$0.64
Feb 19Mercury General: Always No, Forever No
Jan 03With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting
Dec 31Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64
Nov 06Is Now The Time To Put Mercury General (NYSE:MCY) On Your Watchlist?
Aug 31Mercury General (NYSE:MCY) Has Affirmed Its Dividend Of US$0.63
Aug 07Why We Think Shareholders May Be Considering Bumping Up Mercury General Corporation's (NYSE:MCY) CEO Compensation
May 05Mercury General EPS beats by $0.09, misses on net premiums earned
May 04Mercury General Corporation Is Priced For Perfection
Apr 26Here's Why I Think Mercury General (NYSE:MCY) Is An Interesting Stock
Apr 05Have Mercury General Corporation (NYSE:MCY) Insiders Been Selling Their Stock?
Mar 17Here's What We Like About Mercury General's (NYSE:MCY) Upcoming Dividend
Mar 11The Attractive Combination That Could Earn Mercury General Corporation (NYSE:MCY) A Place In Your Dividend Portfolio
Mar 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$215m |
| Dec 31 2023 | US$2m | US$1m | US$96m |
| Sep 30 2023 | n/a | n/a | -US$102m |
| Jun 30 2023 | n/a | n/a | -US$192m |
| Mar 31 2023 | n/a | n/a | -US$361m |
| Dec 31 2022 | US$1m | US$1m | -US$513m |
| Sep 30 2022 | n/a | n/a | -US$475m |
| Jun 30 2022 | n/a | n/a | -US$376m |
| Mar 31 2022 | n/a | n/a | -US$56m |
| Dec 31 2021 | US$2m | US$1m | US$248m |
| Sep 30 2021 | n/a | n/a | US$384m |
| Jun 30 2021 | n/a | n/a | US$502m |
| Mar 31 2021 | n/a | n/a | US$621m |
| Dec 31 2020 | US$3m | US$1m | US$375m |
| Sep 30 2020 | n/a | n/a | US$240m |
| Jun 30 2020 | n/a | n/a | US$190m |
| Mar 31 2020 | n/a | n/a | US$45m |
| Dec 31 2019 | US$2m | US$1m | US$320m |
| Sep 30 2019 | n/a | n/a | US$207m |
| Jun 30 2019 | n/a | n/a | US$196m |
| Mar 31 2019 | n/a | n/a | US$173m |
| Dec 31 2018 | US$2m | US$1m | -US$6m |
| Sep 30 2018 | n/a | n/a | US$96m |
| Jun 30 2018 | n/a | n/a | US$84m |
| Mar 31 2018 | n/a | n/a | US$75m |
| Dec 31 2017 | US$1m | US$975k | US$145m |
Compensation vs Market: Gabe's total compensation ($USD1.70M) is below average for companies of similar size in the US market ($USD6.74M).
Compensation vs Earnings: Gabe's compensation has been consistent with company performance over the past year.
CEO
Gabe Tirador (59 yo)
17.5yrs
Tenure
US$1,698,348
Compensation
Mr. Gabriel Tirador, also known as Gabe, has been the President of California Automobile Insurance Company and since October 2001 and has been its Chief Executive Officer since January 1, 2007. He served a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 63.5yrs | US$1.63m | 35.34% $ 1.0b | |
| CEO & Director | 17.5yrs | US$1.70m | 0.092% $ 2.7m | |
| Senior VP & CFO | 22.8yrs | US$1.06m | 0.010% $ 303.1k | |
| VP & Chief Investment Officer | 26.5yrs | US$871.55k | 0.012% $ 364.0k | |
| VP & Chief Technology Officer | 1.3yrs | US$1.11m | no data | |
| President | 2.5yrs | US$523.54k | 0.000060% $ 1.8k | |
| VP & Chief Sales Development Officer | no data | no data | no data | |
| VP & Chief Marketing Officer | no data | no data | no data | |
| VP & Chief Human Capital Officer | no data | no data | no data | |
| VP & Chief Claims Officer | 9.3yrs | no data | no data | |
| VP & Chief Product Officer | no data | US$605.69k | no data | |
| VP & Chief Underwriting Officer | 2.5yrs | no data | no data |
9.3yrs
Average Tenure
56yo
Average Age
Experienced Management: MCY's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 63.5yrs | US$1.63m | 35.34% $ 1.0b | |
| CEO & Director | 21.5yrs | US$1.70m | 0.092% $ 2.7m | |
| President | less than a year | US$523.54k | 0.000060% $ 1.8k | |
| Independent Director | 10.4yrs | US$75.10k | no data | |
| Independent Director | 7.4yrs | US$87.00k | 0.0059% $ 172.7k | |
| Lead Independent Director | 15.9yrs | US$122.60k | no data | |
| Independent Director | 5.8yrs | US$83.70k | no data | |
| Independent Director | 5.8yrs | US$96.90k | 0.0045% $ 133.0k | |
| Independent Director | 2.8yrs | US$60.00k | 0.011% $ 314.8k |
7.4yrs
Average Tenure
66yo
Average Age
Experienced Board: MCY's board of directors are considered experienced (7.4 years average tenure).