Universal Insurance Holdings Management
Management criteria checks 3/4
Universal Insurance Holdings' CEO is Steve Donaghy, appointed in Jul 2019, has a tenure of 4.75 years. total yearly compensation is $3.58M, comprised of 27.9% salary and 72.1% bonuses, including company stock and options. directly owns 2.23% of the company’s shares, worth $13.01M. The average tenure of the management team and the board of directors is 3.3 years and 10.3 years respectively.
Key information
Steve Donaghy
Chief executive officer
US$3.6m
Total compensation
| CEO salary percentage | 27.9% |
| CEO tenure | 4.8yrs |
| CEO ownership | 2.2% |
| Management average tenure | 3.3yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Improved Revenues Required Before Universal Insurance Holdings, Inc. (NYSE:UVE) Stock's 27% Jump Looks Justified
Mar 09
Universal Insurance: A 4% Dividend Yield Gem With Revenue Growth, For Under $20
Jan 20Universal Insurance Holdings: Still Undervalued After The YTD Rise Of 62%
Nov 21Universal Insurance Holdings (NYSE:UVE) Is Paying Out A Dividend Of $0.16
Jul 24Universal Insurance Holdings: Growing Despite Headwinds
Jul 16Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16
Apr 16Universal Insurance reports Q4 2022 results
Feb 23Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16
Feb 13Universal Insurance declares $0.16 dividend
Feb 09Universal Insurance Holdings: A Stronghold In A Stormy Market
Jan 14Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.29
Dec 07Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.29
Nov 18Universal Insurance declares $0.16 dividend, $0.13 special dividend
Nov 14Universal Insurance Non-GAAP EPS of -$2.27, revenue of $312.81M
Oct 27Universal Insurance stock gains 5% postmarket after Hurricane Ian update
Oct 11Universal Insurance Q2 2022 Earnings Preview
Jul 26Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.16
Jul 23Universal Insurance declares $0.16 dividend
Jul 19Universal Insurance Remains Fundamentally Sound In A Challenging Market Environment
May 29Universal Insurance Holdings (NYSE:UVE) Has Announced A Dividend Of US$0.16
Apr 24Universal Insurance Holdings (NYSE:UVE) Has Affirmed Its Dividend Of US$0.16
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$67m |
| Sep 30 2023 | n/a | n/a | US$72m |
| Jun 30 2023 | n/a | n/a | US$6m |
| Mar 31 2023 | n/a | n/a | -US$16m |
| Dec 31 2022 | US$4m | US$1m | -US$22m |
| Sep 30 2022 | n/a | n/a | -US$96m |
| Jun 30 2022 | n/a | n/a | -US$3m |
| Mar 31 2022 | n/a | n/a | US$12m |
| Dec 31 2021 | US$4m | US$1m | US$20m |
| Sep 30 2021 | n/a | n/a | US$51m |
| Jun 30 2021 | n/a | n/a | US$27m |
| Mar 31 2021 | n/a | n/a | US$25m |
| Dec 31 2020 | US$3m | US$1m | US$19m |
| Sep 30 2020 | n/a | n/a | -US$14m |
| Jun 30 2020 | n/a | n/a | US$9m |
| Mar 31 2020 | n/a | n/a | US$26m |
| Dec 31 2019 | US$3m | US$804k | US$47m |
| Sep 30 2019 | n/a | n/a | US$91m |
| Jun 30 2019 | n/a | n/a | US$108m |
| Mar 31 2019 | n/a | n/a | US$117m |
| Dec 31 2018 | US$3m | US$804k | US$117m |
| Sep 30 2018 | n/a | n/a | US$160m |
| Jun 30 2018 | n/a | n/a | US$132m |
| Mar 31 2018 | n/a | n/a | US$116m |
| Dec 31 2017 | US$2m | US$804k | US$107m |
Compensation vs Market: Steve's total compensation ($USD3.58M) is above average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Donaghy (58 yo)
4.8yrs
Tenure
US$3,578,393
Compensation
Mr. Stephen Joseph Donaghy, also known as Steve, has been Chief Executive Officer of Universal Insurance Holdings, Inc. since July 15, 2019 and is its Director since February 26, 2020. Mr. Donaghy was Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 19.3yrs | US$3.09m | 4.04% $ 23.5m | |
| CEO & Director | 4.8yrs | US$3.58m | 2.23% $ 13.0m | |
| Chief Financial Officer | 10.5yrs | US$944.66k | 0.46% $ 2.7m | |
| Chief Information Officer | 9.2yrs | US$490.19k | 0.032% $ 189.1k | |
| Chief Operating Officer | 3.7yrs | no data | no data | |
| Chief Investment Officer | 2.1yrs | no data | no data | |
| Principal Accounting Officer & Secretary | 2.1yrs | no data | 0.017% $ 100.5k | |
| Chief Legal Officer | 5.7yrs | US$58.33k | no data | |
| President of Blue Atlantic | 3.3yrs | no data | no data | |
| Chief Risk Officer | 2.3yrs | no data | no data | |
| Chief Strategy Officer | 2.1yrs | no data | no data | |
| Chief Claims Officer | 1.5yrs | no data | no data |
3.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: UVE's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 19.3yrs | US$3.09m | 4.04% $ 23.5m | |
| CEO & Director | 4.2yrs | US$3.58m | 2.23% $ 13.0m | |
| Chief Information Officer | 7.3yrs | US$490.19k | 0.032% $ 189.1k | |
| Lead Independent Director | 14.1yrs | US$176.10k | 0.32% $ 1.9m | |
| Independent Director | 27.1yrs | US$150.01k | 0.88% $ 5.1m | |
| Independent Director | 10.8yrs | US$165.01k | 0.070% $ 409.8k | |
| Independent Director | 1.4yrs | US$13.69k | 0.014% $ 80.6k | |
| Independent Director | 17.3yrs | US$165.01k | 0.14% $ 821.7k | |
| Director | 11.2yrs | US$165.01k | 1.81% $ 10.5m | |
| Independent Director | 9.8yrs | US$167.78k | 0.071% $ 414.1k | |
| Independent Director | 2.7yrs | US$214.51k | 0.060% $ 348.7k | |
| Independent Director | 3.8yrs | US$214.51k | 0.056% $ 328.6k |
10.3yrs
Average Tenure
57yo
Average Age
Experienced Board: UVE's board of directors are seasoned and experienced ( 10.3 years average tenure).