Mercury General Management
Management criteria checks 4/4
Mercury General's CEO is Gabe Tirador, appointed in Jan 2007, has a tenure of 17.83 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 $3.36M. The average tenure of the management team and the board of directors is 9.7 years and 7.8 years respectively.
Key information
Gabe Tirador
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 71.9% |
| CEO tenure | 17.8yrs |
| CEO ownership | 0.09% |
| Management average tenure | 9.7yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Mercury General: Turning Lead Into Gold
Oct 31It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)
Oct 10
Mercury General: Very Cheap, And Expert Of Maximizing After-Tax Yield
Sep 20Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Jun 07Even 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$558m |
| Jun 30 2024 | n/a | n/a | US$319m |
| 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 ($USD6.66M).
Compensation vs Earnings: Gabe's compensation has been consistent with company performance over the past year.
CEO
Gabe Tirador (59 yo)
17.8yrs
Tenure
US$1,698,348
Compensation
Mr. Gabriel Tirador, also known as Gabe, is CEO & Director of Mercury General Corporation from January 01, 2024. He was President, CEO & Director of Mercury General Corporation from January 2007 to January...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 63.8yrs | US$1.63m | 35.34% $ 1.3b | |
| CEO & Director | 17.8yrs | US$1.70m | 0.092% $ 3.4m | |
| Senior VP & CFO | 23.1yrs | US$1.06m | 0.010% $ 374.2k | |
| VP & Chief Investment Officer | 26.8yrs | US$871.55k | 0.012% $ 449.4k | |
| VP & Chief Technology Officer | 1.7yrs | US$1.11m | no data | |
| President | 2.8yrs | US$523.54k | 0.000060% $ 2.2k | |
| 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 | 9.7yrs | no data | no data | |
| VP & Chief Product Officer | no data | US$605.69k | no data | |
| VP & Chief Underwriting Officer | 2.8yrs | no data | no data |
9.7yrs
Average Tenure
56yo
Average Age
Experienced Management: MCY's management team is seasoned and experienced (9.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 63.8yrs | US$1.63m | 35.34% $ 1.3b | |
| CEO & Director | 21.8yrs | US$1.70m | 0.092% $ 3.4m | |
| President | less than a year | US$523.54k | 0.000060% $ 2.2k | |
| Independent Director | 10.8yrs | US$75.10k | no data | |
| Independent Director | 7.8yrs | US$87.00k | 0.0059% $ 213.3k | |
| Lead Independent Director | 16.3yrs | US$122.60k | no data | |
| Independent Director | 6.1yrs | US$83.70k | no data | |
| Independent Director | 6.1yrs | US$96.90k | 0.0045% $ 164.2k | |
| Independent Director | 3.1yrs | US$60.00k | 0.011% $ 388.7k |
7.8yrs
Average Tenure
66yo
Average Age
Experienced Board: MCY's board of directors are considered experienced (7.8 years average tenure).