RLI Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Craig Kliethermes

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage12.5%
CEO tenure9yrs
CEO ownership0.2%
Management average tenure6.3yrs
Board average tenure7yrs

Recent management updates

Recent updates

RLI Corp. (NYSE:RLI) Investors Are Less Pessimistic Than Expected

Dec 26
RLI Corp. (NYSE:RLI) Investors Are Less Pessimistic Than Expected

RLI Corp.: A Resilient Dividend Champion Navigating 2024 With Strong Underwriting And Growth Potential

Oct 25

Getting In Cheap On RLI Corp. (NYSE:RLI) Is Unlikely

Sep 07
Getting In Cheap On RLI Corp. (NYSE:RLI) Is Unlikely

A 'RLI'able Dividend Champion

Aug 20

RLI Corp.: Results In Spite Of Expected Competition

Jun 06

RLI Corp. (NYSE:RLI) Investors Are Less Pessimistic Than Expected

May 22
RLI Corp. (NYSE:RLI) Investors Are Less Pessimistic Than Expected

Results: RLI Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 26
Results: RLI Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

RLI Corp.: Mounting Competition In Property, But No Alarms

Mar 11

Getting In Cheap On RLI Corp. (NYSE:RLI) Is Unlikely

Feb 15
Getting In Cheap On RLI Corp. (NYSE:RLI) Is Unlikely

RLI Corp.: A Dividend Aristocrat Priced For Perfection

Aug 07

RLI Corp.: The Always Expensive Dividend Aristocrat Priced For Perfection

May 23

RLI declares $0.26 dividend

Feb 09

RLI GAAP EPS of $2.13 beats by $0.96, revenue of $360.59M beats by $36.67M

Jan 25

RLI Continues To Grow Its Premiums

Dec 19

RLI Q3 2022 Earnings Preview

Oct 18

RLI Continues An Aristocratic Tradition But Is Construction Exposed

Aug 25

RLI declares $0.26 dividend

Aug 17

RLI Q2 2022 Earnings Preview

Jul 19

CEO Compensation Analysis

How has Craig Kliethermes's remuneration changed compared to RLI's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$420m

Jun 30 2024n/an/a

US$338m

Mar 31 2024n/an/a

US$334m

Dec 31 2023US$5mUS$650k

US$305m

Sep 30 2023n/an/a

US$288m

Jun 30 2023n/an/a

US$714m

Mar 31 2023n/an/a

US$634m

Dec 31 2022US$5mUS$649k

US$583m

Sep 30 2022n/an/a

US$581m

Jun 30 2022n/an/a

US$170m

Mar 31 2022n/an/a

US$254m

Dec 31 2021US$5mUS$538k

US$279m

Sep 30 2021n/an/a

US$268m

Jun 30 2021n/an/a

US$281m

Mar 31 2021n/an/a

US$291m

Dec 31 2020US$3mUS$525k

US$157m

Sep 30 2020n/an/a

US$127m

Jun 30 2020n/an/a

US$117m

Mar 31 2020n/an/a

US$65m

Dec 31 2019US$3mUS$516k

US$192m

Sep 30 2019n/an/a

US$118m

Jun 30 2019n/an/a

US$125m

Mar 31 2019n/an/a

US$117m

Dec 31 2018US$2mUS$490k

US$64m

Compensation vs Market: Craig's total compensation ($USD5.19M) is below average for companies of similar size in the US market ($USD7.89M).

Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.


CEO

Craig Kliethermes (59 yo)

9yrs

Tenure

US$5,185,452

Compensation

Mr. Craig William Kliethermes, FCAS, MAAA, CPCU, serves as Chief Executive Officer at RLI Corp since January 01, 2022. He has been President at RLI Corp. since 2016 and served as its Chief Operating Office...


Leadership Team

NamePositionTenureCompensationOwnership
Craig Kliethermes
President9yrsUS$5.19m0.16%
$ 12.3m
Todd Bryant
Chief Financial Officer5.5yrsUS$2.74m0.14%
$ 10.9m
Jennifer Klobnak
Chief Operating Officer3yrsUS$3.24m0.15%
$ 11.0m
Aaron Diefenthaler
Chief Investment Officer & Treasurer13yrsUS$1.18m0.082%
$ 6.2m
Jeffrey Fick
Chief Legal Officer & Corporate Secretary8.3yrsUS$1.07m0.18%
$ 13.6m
Kathleen Taylor
Vice President of Accounting & Branch Operations6yrsno datano data
Bryan Fowler
Chief Information Officer7.3yrsno datano data
Lisa Gates
Vice President of Marketing & Communications6yrsno datano data
Kathleen Kappes
Vice President of Human Resources8.2yrsno datano data
Robert Handzel
Chief Claim Officer6.7yrsno datano data
Eric Raudins
Senior Vice President of Underwriting2yrsno datano data
Seth Davis
VP & Controller5.5yrsno data0.060%
$ 4.5m

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: RLI's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Craig Kliethermes
President4yrsUS$5.19m0.16%
$ 12.3m
Michael Stone
Independent Director12.4yrsUS$209.98k0.47%
$ 35.4m
Robert Restrepo
Independent Director8.5yrsUS$206.57k0.029%
$ 2.2m
Susan S. Cabrera
Independent Director6.4yrsUS$204.32k0.0042%
$ 315.7k
Jordan Graham
Independent Director20.2yrsUS$206.69k0.016%
$ 1.2m
Paul Medini
Independent Director2.2yrsUS$204.98k0.0030%
$ 224.3k
David Duclos
Independent Chairman of the Board7.7yrsUS$233.11k0.0057%
$ 427.5k
Michael Angelina
Independent Director11.1yrsUS$224.98k0.023%
$ 1.8m
Debbie Roberts
Independent Director6.4yrsUS$199.98k0%
$ 0
Clark Kellogg
Independent Directorless than a yearno datano data

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: RLI's board of directors are considered experienced (7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:08
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

RLI Corp. is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cullen JohnsonB. Riley Securities, Inc.
Casey AlexanderCompass Point Research & Trading, LLC
Randolph BinnerFBR Capital Markets & Co.