RenaissanceRe Holdings Management
Management criteria checks 3/4
RenaissanceRe Holdings' CEO is Kevin O'Donnell, appointed in Nov 2012, has a tenure of 11.42 years. total yearly compensation is $23.65M, comprised of 5% salary and 95% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth $89.07M. The average tenure of the management team and the board of directors is 4.3 years and 7.9 years respectively.
Key information
Kevin O'Donnell
Chief executive officer
US$23.6m
Total compensation
| CEO salary percentage | 5.0% |
| CEO tenure | 11.4yrs |
| CEO ownership | 0.8% |
| Management average tenure | 4.3yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$24m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$366m |
| Mar 31 2023 | n/a | n/a | -US$148m |
| Dec 31 2022 | US$10m | US$1m | -US$1b |
| Sep 30 2022 | n/a | n/a | -US$1b |
| Jun 30 2022 | n/a | n/a | -US$960m |
| Mar 31 2022 | n/a | n/a | -US$182m |
| Dec 31 2021 | US$9m | US$1m | -US$74m |
| Sep 30 2021 | n/a | n/a | -US$97m |
| Jun 30 2021 | n/a | n/a | US$400m |
| Mar 31 2021 | n/a | n/a | US$516m |
| Dec 31 2020 | US$10m | US$1m | US$723m |
| Sep 30 2020 | n/a | n/a | US$568m |
| Jun 30 2020 | n/a | n/a | US$557m |
| Mar 31 2020 | n/a | n/a | US$352m |
| Dec 31 2019 | US$11m | US$1m | US$703m |
| Sep 30 2019 | n/a | n/a | US$587m |
| Jun 30 2019 | n/a | n/a | US$583m |
| Mar 31 2019 | n/a | n/a | US$410m |
| Dec 31 2018 | US$11m | US$1m | US$195m |
| Sep 30 2018 | n/a | n/a | US$275m |
| Jun 30 2018 | n/a | n/a | -US$263m |
| Mar 31 2018 | n/a | n/a | -US$281m |
| Dec 31 2017 | US$8m | US$1m | -US$245m |
Compensation vs Market: Kevin's total compensation ($USD23.65M) is above average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin O'Donnell (56 yo)
11.4yrs
Tenure
US$23,647,253
Compensation
Mr. Kevin Joseph O’Donnell has been the Chief Executive Officer and President at RenaissanceRe Holdings Ltd. and Renaissance Reinsurance U.S. Inc. since July 1, 2013 and November 13, 2012 respectively.Mr....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.4yrs | US$23.65m | 0.77% $ 89.1m | |
| Executive VP & CFO | 7.7yrs | US$5.90m | 0.14% $ 16.7m | |
| Executive VP | 3.3yrs | US$4.34m | 0.046% $ 5.3m | |
| Executive VP & Chief Portfolio Officer | 1.3yrs | US$6.03m | 0.34% $ 38.7m | |
| Executive VP & Group Chief Underwriting Officer | 1.3yrs | US$4.79m | 0.16% $ 19.0m | |
| Chief Investment Officer & Senior VP | 7yrs | US$2.04m | 0.058% $ 6.7m | |
| Chief Accounting Officer & Senior VP | 7.3yrs | no data | 0.047% $ 5.5m | |
| Senior VP & CTO | 4.3yrs | no data | no data | |
| Senior Vice President of Finance & Investor Relations | no data | no data | no data | |
| Senior VP | no data | no data | no data | |
| Chief Human Resources Officer | 2.3yrs | no data | no data | |
| Chief Underwriting Officer of Property | no data | no data | no data |
4.3yrs
Average Tenure
50yo
Average Age
Experienced Management: RNR.PRF's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.8yrs | US$23.65m | 0.77% $ 89.1m | |
| Independent Director | 4.9yrs | US$289.85k | 0.010% $ 1.2m | |
| Independent Director | 1.9yrs | US$289.85k | 0.0048% $ 555.4k | |
| Independent Director | 6.7yrs | US$289.85k | 0.014% $ 1.6m | |
| Independent Director | 15.9yrs | US$289.85k | 0.038% $ 4.4m | |
| Independent Director | less than a year | US$258.59k | 0.0029% $ 333.7k | |
| Independent Director | 17.9yrs | US$324.85k | 0.040% $ 4.6m | |
| Independent Director | 7.9yrs | US$324.85k | 0.011% $ 1.3m | |
| Independent Director | 10.9yrs | US$324.85k | 0.048% $ 5.5m | |
| Independent Director | 6.7yrs | US$289.85k | 0.014% $ 1.6m | |
| Independent Non-Executive Chairman of the Board | 15.9yrs | US$504.93k | 0.057% $ 6.6m |
7.9yrs
Average Tenure
63yo
Average Age
Experienced Board: RNR.PRF's board of directors are considered experienced (7.9 years average tenure).