Mercury General Management
Management criteria checks 3/4
Mercury General's CEO is Gabe Tirador, appointed in Jan 2007, has a tenure of 18.25 years. total yearly compensation is $3.68M, comprised of 36.5% salary and 63.5% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth $2.69M. The average tenure of the management team and the board of directors is 10.1 years and 8.2 years respectively.
Key information
Gabe Tirador
Chief executive officer
US$3.7m
Total compensation
| CEO salary percentage | 36.5% |
| CEO tenure | 18.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 10.1yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
With EPS Growth And More, Mercury General (NYSE:MCY) Makes An Interesting Case
Mar 14
Core Business Strength May Support Future Earnings Despite Wildfire Losses And Rising Reinsurance Costs
Feb 16 Strength in core business operations, excluding catastrophe losses, suggests improved future earnings stability and net margins through personal auto and homeowners lines.Mercury General's (NYSE:MCY) Dividend Will Be $0.3175
Feb 15California Wildfires, Mercury General's Opportunity Amid Crisis (Rating Upgrade)
Jan 16Little Excitement Around Mercury General Corporation's (NYSE:MCY) Revenues As Shares Take 33% Pounding
Jan 11Mercury General: Turning Lead Into Gold
Oct 31It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)
Oct 10Mercury 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$4m | US$1m | US$468m |
| 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$6m |
Compensation vs Market: Gabe's total compensation ($USD3.68M) is below average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Gabe's compensation has increased by more than 20% in the past year.
CEO
Gabe Tirador (59 yo)
18.3yrs
Tenure
US$3,678,591
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 | 64.3yrs | US$3.60m | 35.33% $ 1.0b | |
| CEO & Director | 18.3yrs | US$3.68m | 0.092% $ 2.7m | |
| President | 3.3yrs | US$2.12m | 0.000060% $ 1.7k | |
| Senior VP & CFO | 23.5yrs | US$2.06m | 0.010% $ 301.7k | |
| VP & CTO | 2.1yrs | US$2.00m | no data | |
| VP & Chief Investment Officer | 27.3yrs | US$871.55k | 0.012% $ 362.0k | |
| VP & Chief Marketing Officer | no data | no data | no data | |
| VP & Chief Sales Officer | less than a year | no data | no data | |
| VP & Chief Human Capital Officer | no data | no data | 0% $ 0 | |
| VP & Chief Sales Development Officer | no data | no data | no data | |
| VP & Chief Claims Officer | 10.1yrs | no data | no data | |
| VP & Chief Product Officer | no data | US$605.69k | no data |
10.1yrs
Average Tenure
56yo
Average Age
Experienced Management: MCY's management team is seasoned and experienced (10.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 64.3yrs | US$3.60m | 35.33% $ 1.0b | |
| CEO & Director | 22.3yrs | US$3.68m | 0.092% $ 2.7m | |
| President | 1.3yrs | US$2.12m | 0.000060% $ 1.7k | |
| Independent Director | 11.2yrs | US$86.00k | no data | |
| Independent Director | 8.2yrs | US$95.20k | 0.0059% $ 171.1k | |
| Lead Independent Director | 16.7yrs | US$127.60k | no data | |
| Independent Director | 6.5yrs | US$79.30k | no data | |
| Independent Director | 6.5yrs | US$100.80k | 0.0045% $ 131.7k | |
| Independent Director | 3.5yrs | US$62.40k | 0.011% $ 311.9k |
8.2yrs
Average Tenure
66yo
Average Age
Experienced Board: MCY's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 21:31 |
| End of Day Share Price | 2025/04/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mercury General Corporation is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alison Jacobowitz | BofA Global Research |
| Charles Gates | Credit Suisse |
| Christopher Campbell | Keefe, Bruyette, & Woods |