Universal Insurance Holdings Management
Management criteria checks 3/4
Universal Insurance Holdings' CEO is Steve Donaghy, appointed in Jul 2019, has a tenure of 5.33 years. total yearly compensation is $4.29M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 2.29% of the company’s shares, worth $14.81M. The average tenure of the management team and the board of directors is 3.8 years and 9.1 years respectively.
Key information
Steve Donaghy
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 23.3% |
| CEO tenure | 5.3yrs |
| CEO ownership | 2.3% |
| Management average tenure | 3.8yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
Universal Insurance Holdings, Inc. (NYSE:UVE) Held Back By Insufficient Growth Even After Shares Climb 28%
Nov 09
Here's Why Universal Insurance Holdings (NYSE:UVE) Has Caught The Eye Of Investors
Sep 19Universal Insurance Continues Its Profitable Resurgence
Sep 03Universal Insurance Holdings (NYSE:UVE) Is Due To Pay A Dividend Of $0.16
Jul 27Universal Insurance Holdings: Impressive Profitability At A Premium Valuation
Jun 11Improved Revenues Required Before Universal Insurance Holdings, Inc. (NYSE:UVE) Stock's 27% Jump Looks Justified
Mar 09Universal 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 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$73m |
| Jun 30 2024 | n/a | n/a | US$83m |
| Mar 31 2024 | n/a | n/a | US$76m |
| Dec 31 2023 | US$4m | US$1m | 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$107m |
Compensation vs Market: Steve's total compensation ($USD4.29M) is above average for companies of similar size in the US market ($USD3.19M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Donaghy (59 yo)
5.3yrs
Tenure
US$4,287,954
Compensation
Mr. Stephen Joseph Donaghy, also known as Steve, is Chief Executive Officer & Director of Universal Property & Casualty Insurance Company from 2021. Mr. Donaghy was Chief Executive Officer of Universal Pro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 19.8yrs | US$3.44m | 3.66% $ 23.7m | |
| CEO & Director | 5.3yrs | US$4.29m | 2.29% $ 14.8m | |
| Chief Financial Officer | 11.1yrs | US$860.04k | 0.44% $ 2.8m | |
| Chief Information Officer | 9.8yrs | US$514.61k | 0.016% $ 100.8k | |
| Chief Operating Officer | 4.3yrs | no data | no data | |
| Chief Investment Officer | 2.7yrs | no data | no data | |
| Principal Accounting Officer & Secretary | 2.7yrs | no data | 0.018% $ 114.4k | |
| Chief Legal Officer | 6.3yrs | US$58.33k | no data | |
| President of Blue Atlantic | 3.8yrs | no data | no data | |
| Chief Risk Officer | 2.8yrs | no data | no data | |
| Chief Strategy Officer | 2.7yrs | no data | no data | |
| Chief Claims Officer | 2.1yrs | no data | no data |
3.8yrs
Average Tenure
54yo
Average Age
Experienced Management: UVE's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 19.8yrs | US$3.44m | 3.66% $ 23.7m | |
| CEO & Director | 4.8yrs | US$4.29m | 2.29% $ 14.8m | |
| Chief Information Officer | 7.8yrs | US$514.61k | 0.016% $ 100.8k | |
| Lead Independent Director | 14.7yrs | US$185.00k | 0.30% $ 1.9m | |
| Independent Director | 11.4yrs | US$165.00k | 0.084% $ 546.1k | |
| Independent Director | 2yrs | US$150.00k | 0.026% $ 171.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 17.8yrs | US$165.00k | 0.16% $ 1.0m | |
| Director | 11.8yrs | US$203.11k | 1.43% $ 9.3m | |
| Independent Director | 10.4yrs | US$170.00k | 0.085% $ 551.0k | |
| Independent Director | 3.3yrs | US$150.00k | 0.074% $ 476.7k | |
| Independent Director | 4.4yrs | US$150.00k | 0.070% $ 453.8k |
9.1yrs
Average Tenure
58yo
Average Age
Experienced Board: UVE's board of directors are considered experienced (9.1 years average tenure).