Hanover Insurance Group Management
Management criteria checks 4/4
Hanover Insurance Group's CEO is Jack Roche, appointed in Nov 2017, has a tenure of 6.5 years. total yearly compensation is $7.72M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $13.03M. The average tenure of the management team and the board of directors is 4.6 years and 5.7 years respectively.
Key information
Jack Roche
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 14.2% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.6yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
Hanover Insurance Group: Improvement In Net Income Growth Encouraging
Feb 05Pinning Down The Hanover Insurance Group, Inc.'s (NYSE:THG) P/S Is Difficult Right Now
Jan 19
Hanover Insurance Group's (NYSE:THG) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 08Hanover Insurance: Lower Combined Ratio Encouraging, But Further Net Income Growth Needed
Nov 14The Hanover Insurance: 3% Dividend Yield And Modest Buy Rating
Sep 12Hanover Insurance Group: Personal Lines Continues To Place Pressure On Earnings
Aug 08Hanover Insurance Group (NYSE:THG) Has Announced That It Will Be Increasing Its Dividend To $0.81
Mar 03Hanover Insurance Q4 2022 Earnings Preview
Jan 31Hanover Insurance expects to incur $90M in Q3 catastrophe losses
Oct 20Hanover Insurance: Rebound Potential, But Modest Growth Likely For Now
Sep 06Hanover Insurance Non-GAAP EPS of $2.32 beats by $0.17, Net premiums written of $1.33B beats by $100M
Aug 02Hanover Insurance: Potential For Rebound Given Continued Premium Growth
Jun 22If You Like EPS Growth Then Check Out Hanover Insurance Group (NYSE:THG) Before It's Too Late
May 04Hanover Insurance Group: Showing Resilience In An Inflationary Environment
Apr 13Hanover Insurance Group: An Assessment Of Inflation Risks
Feb 01Here's Why I Think Hanover Insurance Group (NYSE:THG) Is An Interesting Stock
Jan 31Hanover Insurance Group: Remaining Resilient In A Challenging Industry
Aug 09Here's Why I Think Hanover Insurance Group (NYSE:THG) Might Deserve Your Attention Today
Aug 03The Hanover Insurance Group, Inc. 2021 Q1 - Results - Earnings Call Presentation
Apr 30The Hanover Insurance Group, Inc. (NYSE:THG) Looks Interesting, And It's About To Pay A Dividend
Mar 06Have The Hanover Insurance Group, Inc. (NYSE:THG) Insiders Been Selling Their Stock?
Mar 05The Hanover Insurance Group, Inc.'s (NYSE:THG) 2.3% Dividend Yield Looks Pretty Interesting
Mar 02Results: The Hanover Insurance Group, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 08
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$161m |
| Dec 31 2023 | US$8m | US$1m | US$34m |
| Sep 30 2023 | n/a | n/a | -US$86m |
| Jun 30 2023 | n/a | n/a | -US$93m |
| Mar 31 2023 | n/a | n/a | -US$500k |
| Dec 31 2022 | US$7m | US$1m | US$117m |
| Sep 30 2022 | n/a | n/a | US$292m |
| Jun 30 2022 | n/a | n/a | US$326m |
| Mar 31 2022 | n/a | n/a | US$433m |
| Dec 31 2021 | US$7m | US$1m | US$420m |
| Sep 30 2021 | n/a | n/a | US$423m |
| Jun 30 2021 | n/a | n/a | US$508m |
| Mar 31 2021 | n/a | n/a | US$494m |
| Dec 31 2020 | US$6m | US$1m | US$362m |
| Sep 30 2020 | n/a | n/a | US$306m |
| Jun 30 2020 | n/a | n/a | US$298m |
| Mar 31 2020 | n/a | n/a | US$268m |
| Dec 31 2019 | US$5m | US$937k | US$429m |
| Sep 30 2019 | n/a | n/a | US$321m |
| Jun 30 2019 | n/a | n/a | US$314m |
| Mar 31 2019 | n/a | n/a | US$311m |
| Dec 31 2018 | US$4m | US$899k | US$239m |
| Sep 30 2018 | n/a | n/a | US$309m |
| Jun 30 2018 | n/a | n/a | US$264m |
| Mar 31 2018 | n/a | n/a | US$221m |
| Dec 31 2017 | US$2m | US$561k | US$216m |
Compensation vs Market: Jack's total compensation ($USD7.72M) is about average for companies of similar size in the US market ($USD8.44M).
Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.
CEO
Jack Roche (59 yo)
6.5yrs
Tenure
US$7,721,129
Compensation
Mr. John Conner Roche, also known as Jack, has been President and Chief Executive Officer at Hanover Insurance Group Inc. since November 2017 and its Director since 2017. Prior to that, Mr. Roche served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.5yrs | US$7.72m | 0.27% $ 13.0m | |
| Executive VP & CFO | 7.5yrs | US$3.50m | 0.22% $ 10.8m | |
| Executive VP | 4.1yrs | US$1.64m | 0.016% $ 762.2k | |
| Executive VP & President of Hanover Agency Markets | 7.3yrs | US$2.42m | 0.085% $ 4.1m | |
| Executive VP & President of Specialty | 6.9yrs | US$2.27m | 0.051% $ 2.5m | |
| Senior VP & Chief investment Officer | 2.2yrs | no data | no data | |
| Senior VP | 27.3yrs | no data | 0.0097% $ 472.2k | |
| Senior Vice President of Corporate Finance | no data | no data | no data | |
| President of Technology & Life Sciences | less than a year | no data | no data | |
| Executive VP | 3.1yrs | no data | 0.015% $ 728.3k | |
| Senior VP & Chief Marketing Officer | 2.2yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 4.6yrs | no data | 0.0073% $ 351.6k |
4.6yrs
Average Tenure
58yo
Average Age
Experienced Management: THG's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.5yrs | US$7.72m | 0.27% $ 13.0m | |
| Independent Director | 20.3yrs | US$281.00k | 0.086% $ 4.2m | |
| Independent Director | 5.7yrs | US$270.00k | 0.0053% $ 254.2k | |
| Independent Director | 4.3yrs | US$275.00k | 0.017% $ 821.3k | |
| Independent Director | 3.7yrs | US$270.00k | 0.011% $ 552.1k | |
| Independent Chairperson & Independent Presiding Director | 9yrs | US$396.00k | 0.032% $ 1.6m | |
| Independent Director | 3.3yrs | US$285.00k | 0.0095% $ 460.5k | |
| Independent Director | 1.9yrs | US$266.00k | 0.0059% $ 285.2k | |
| Independent Director | 7.4yrs | US$291.00k | no data | |
| Independent Director | 6.3yrs | US$240.00k | 0.020% $ 964.6k | |
| Independent Director | 1.8yrs | US$270.00k | 0.0057% $ 275.5k |
5.7yrs
Average Tenure
65yo
Average Age
Experienced Board: THG's board of directors are considered experienced (5.7 years average tenure).