Old Republic International Management
Management criteria checks 3/4
Old Republic International's CEO is Craig Smiddy, appointed in Jun 2018, has a tenure of 5.83 years. total yearly compensation is $5.83M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $5.59M. The average tenure of the management team and the board of directors is 3.2 years and 6.2 years respectively.
Key information
Craig Smiddy
Chief executive officer
US$5.8m
Total compensation
| CEO salary percentage | 15.9% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.07% |
| Management average tenure | 3.2yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
Old Republic International: A Stock Every Income-Focused Investor Should Own
Feb 09Old Republic International Corporation (NYSE:ORI) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 23
Despite Its Vast Outperformance, Old Republic International Remains Attractively Valued
Dec 01Old Republic International: No Flash Just Cash
Sep 22Old Republic International: Outperformance Means That Company Is A 'Hold' (Rating Downgrade)
Sep 04Old Republic International: Strong Addition To A Dividend Portfolio
Jun 21Old Republic International Remains Attractive, In Spite Of Trading Near Its All-Time High
Jun 12Old Republic raises dividend by 6.5% to $0.245/share
Feb 23Old Republic Q4 2022 Earnings Preview
Jan 25Old Republic: An Old Reliable Income Generator
Jan 15Old Republic International: Likely To Trade In A Tight Range
Nov 03Old Republic Title acquires Houston-based Veritas Title Partners
Oct 03Old Republic declares $0.23 dividend; $1/share special dividend
Aug 19Old Republic Q2 2022 Earnings Preview
Jul 27Old Republic International: An Attractively Valued Dividend Aristocrat
Jun 07Old Republic: Higher Dividend And Returns Than The Market
Mar 28Here's Why I Think Old Republic International (NYSE:ORI) Might Deserve Your Attention Today
Mar 26Old Republic International's (NYSE:ORI) Dividend Will Be Increased To US$0.23
Feb 28Old Republic Is An Old Reliable Value Buy, Here's Why
Jan 10Here's Why I Think Old Republic International (NYSE:ORI) Is An Interesting Stock
Dec 19Old Republic International: Reliable Income, But Fully Valued
Oct 27Old Republic International: 9% Upside, A Borderline "BUY" Here
Aug 16Analysts Just Published A Bright New Outlook For Old Republic International Corporation's (NYSE:ORI)
Jul 29Here's Why I Think Old Republic International (NYSE:ORI) Might Deserve Your Attention Today
May 26Old Republic International Corporation (NYSE:ORI) Looks Interesting, And It's About To Pay A Dividend
Mar 04Old Republic International Corporation (NYSE:ORI) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Feb 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$927k | US$599m |
| Sep 30 2023 | n/a | n/a | US$920m |
| Jun 30 2023 | n/a | n/a | US$776m |
| Mar 31 2023 | n/a | n/a | US$580m |
| Dec 31 2022 | US$5m | US$890k | US$686m |
| Sep 30 2022 | n/a | n/a | US$801m |
| Jun 30 2022 | n/a | n/a | US$982m |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$2m | US$863k | US$2b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$2m | US$808k | US$559m |
| Sep 30 2020 | n/a | n/a | US$315m |
| Jun 30 2020 | n/a | n/a | US$272m |
| Mar 31 2020 | n/a | n/a | US$39m |
| Dec 31 2019 | US$2m | US$664k | US$1b |
| Sep 30 2019 | n/a | n/a | US$674m |
| Jun 30 2019 | n/a | n/a | US$746m |
| Mar 31 2019 | n/a | n/a | US$779m |
| Dec 31 2018 | US$1m | US$582k | US$371m |
| Sep 30 2018 | n/a | n/a | US$777m |
| Jun 30 2018 | n/a | n/a | US$548m |
| Mar 31 2018 | n/a | n/a | US$451m |
| Dec 31 2017 | US$1m | US$495k | US$561m |
Compensation vs Market: Craig's total compensation ($USD5.83M) is about average for companies of similar size in the US market ($USD8.30M).
Compensation vs Earnings: Craig's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Craig Smiddy (59 yo)
5.8yrs
Tenure
US$5,827,317
Compensation
Mr. Craig Richard Smiddy has been President and Director of Republic Credit Indemnity Company since 2019. He has been Chief Executive Officer and Director of Old Republic International Corporation since Oc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.8yrs | US$5.83m | 0.068% $ 5.6m | |
| Senior VP | 2.8yrs | US$2.18m | 0.018% $ 1.5m | |
| Executive Vice President | less than a year | US$2.59m | 0.025% $ 2.0m | |
| Senior Vice President of Underwriting and Distribution | less than a year | US$2.32m | 0.015% $ 1.2m | |
| Executive Vice President | 4.5yrs | US$3.09m | 0.058% $ 4.7m | |
| Senior Vice President of Investments | 5.8yrs | no data | no data | |
| Senior Vice President of Corporate Development & Finance | 4.5yrs | no data | no data | |
| Senior VP | 3.3yrs | no data | 0.019% $ 1.6m | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | no data | |
| Senior VP & National Benefits Director | 5.8yrs | no data | no data | |
| President of Old Republic Inland Marine | 3.1yrs | no data | no data | |
| Senior VP & Chief Claims Officer | 1.3yrs | no data | no data |
3.2yrs
Average Tenure
55yo
Average Age
Experienced Management: ORI's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$5.83m | 0.068% $ 5.6m | |
| Independent Chairman of the Board | 9.2yrs | US$249.00k | 0.037% $ 3.1m | |
| Independent Director | 6.7yrs | US$193.00k | no data | |
| Independent Director | 20.9yrs | US$228.00k | 0.0077% $ 636.2k | |
| Independent Director | 20.9yrs | US$209.33k | 0.0078% $ 638.7k | |
| Independent Director | 5.7yrs | US$193.00k | 0.0055% $ 454.3k | |
| Independent Director | 5.3yrs | US$217.50k | 0.0038% $ 311.9k | |
| Lead Independent Director | 17.9yrs | US$235.00k | 0.026% $ 2.1m | |
| Independent Director | 3yrs | US$193.00k | 0.0039% $ 324.3k | |
| Independent Director | 3.7yrs | US$193.00k | 0.0038% $ 311.1k | |
| Independent Director | 2.3yrs | US$193.00k | 0.0029% $ 237.9k | |
| Independent Director | 7.2yrs | US$200.00k | 0.011% $ 866.7k |
6.2yrs
Average Tenure
71.5yo
Average Age
Experienced Board: ORI's board of directors are considered experienced (6.2 years average tenure).