W. R. Berkley Corporation

NYSE:WRB Stock Report

Market Cap: US$21.1b

W. R. Berkley Management

Management criteria checks 4/4

W. R. Berkley's CEO is Rob Berkley, appointed in Nov 2009, has a tenure of 14.42 years. total yearly compensation is $16.71M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth $148.64M. The average tenure of the management team and the board of directors is 13 years and 11.9 years respectively.

Key information

Rob Berkley

Chief executive officer

US$16.7m

Total compensation

CEO salary percentage6.3%
CEO tenure14.4yrs
CEO ownership0.7%
Management average tenure13yrs
Board average tenure11.9yrs

Recent management updates

Recent updates

W. R. Berkley: Good Global Insurer, Needs A Better Price

Mar 28

W. R. Berkley: Shares Fully Valued Amid A Favorable Macro Environment

Jan 10

W. R. Berkley (NYSE:WRB) Ticks All The Boxes When It Comes To Earnings Growth

Dec 18
W. R. Berkley (NYSE:WRB) Ticks All The Boxes When It Comes To Earnings Growth

W. R. Berkley: Solid Q3 Results Should Support Shares

Oct 24

W. R. Berkley Corporation: Strong ROE, Valuation Not So Much

Sep 13

W. R. Berkley: Poor Momentum Offsets The Value Case For Now

Jun 15

W.R. Berkley declares $0.10 dividend

Feb 24

Here's Why We Think W. R. Berkley (NYSE:WRB) Is Well Worth Watching

Feb 22
Here's Why We Think W. R. Berkley (NYSE:WRB) Is Well Worth Watching

W.R. Berkley Non-GAAP EPS of $1.16 beats by $0.07, revenue of $2.43B misses by $80M

Jan 26

W.R. Berkley declares $0.10 dividend

Dec 09

If EPS Growth Is Important To You, W. R. Berkley (NYSE:WRB) Presents An Opportunity

Nov 21
If EPS Growth Is Important To You, W. R. Berkley (NYSE:WRB) Presents An Opportunity

W.R. Berkley Q3 2022 Earnings Preview

Oct 21

W. R. Berkley Corporation declares $0.10 dividend

Sep 14

Is Now The Time To Put W. R. Berkley (NYSE:WRB) On Your Watchlist?

Aug 14
Is Now The Time To Put W. R. Berkley (NYSE:WRB) On Your Watchlist?

W.R. Berkley Q2 2022 Earnings Preview

Jul 20

W. R. Berkley: A Founder-Operated Gem

Jul 07

Does W. R. Berkley (NYSE:WRB) Deserve A Spot On Your Watchlist?

May 15
Does W. R. Berkley (NYSE:WRB) Deserve A Spot On Your Watchlist?

W. R. Berkley Leveraging A Hard Market To Refuel For Growth

Mar 11

I Ran A Stock Scan For Earnings Growth And W. R. Berkley (NYSE:WRB) Passed With Ease

Jan 31
I Ran A Stock Scan For Earnings Growth And W. R. Berkley (NYSE:WRB) Passed With Ease

With EPS Growth And More, W. R. Berkley (NYSE:WRB) Is Interesting

Oct 25
With EPS Growth And More, W. R. Berkley (NYSE:WRB) Is Interesting

W. R. Berkley Reaping A Red-Hot P&C Market

Jul 31

Here's Why We Think W. R. Berkley Corporation's (NYSE:WRB) CEO Compensation Looks Fair for the time being

Jun 09
Here's Why We Think W. R. Berkley Corporation's (NYSE:WRB) CEO Compensation Looks Fair for the time being

W. R. Berkley appoints new head for W. R. Berkley Syndicate Management

Feb 04

Did You Participate In Any Of W. R. Berkley's (NYSE:WRB) Fantastic 129% Return ?

Jan 13
Did You Participate In Any Of W. R. Berkley's (NYSE:WRB) Fantastic 129% Return ?

W.R. Berkley sees $105M gain on sale of real estate investment

Dec 31

W.R. Berkley partners with alternative capital sources in new reinsurance unit

Dec 28

What Can We Conclude About W. R. Berkley's (NYSE:WRB) CEO Pay?

Dec 01
What Can We Conclude About W. R. Berkley's (NYSE:WRB) CEO Pay?

CEO Compensation Analysis

How has Rob Berkley's remuneration changed compared to W. R. Berkley's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$17mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$14mUS$1m

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$931m

Mar 31 2021n/an/a

US$765m

Dec 31 2020US$10mUS$1m

US$531m

Sep 30 2020n/an/a

US$338m

Jun 30 2020n/an/a

US$351m

Mar 31 2020n/an/a

US$497m

Dec 31 2019US$11mUS$1m

US$682m

Sep 30 2019n/an/a

US$695m

Jun 30 2019n/an/a

US$692m

Mar 31 2019n/an/a

US$655m

Dec 31 2018US$12mUS$1m

US$641m

Sep 30 2018n/an/a

US$663m

Jun 30 2018n/an/a

US$663m

Mar 31 2018n/an/a

US$592m

Dec 31 2017US$10mUS$1m

US$549m

Compensation vs Market: Rob's total compensation ($USD16.71M) is about average for companies of similar size in the US market ($USD13.05M).

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


CEO

Rob Berkley (50 yo)

14.4yrs

Tenure

US$16,706,862

Compensation

Mr. William Robert Berkley Jr., also known as Rob, has been President of Nautilus Insurance Company since 2023. He has been the President and Chief Executive Officer of W. R. Berkley Corporation since Octo...


Leadership Team

NamePositionTenureCompensationOwnership
William Berkley
Executive Chairman of the Board56.9yrsUS$16.91m20.36%
$ 4.3b
William Berkley
President14.4yrsUS$16.71m0.71%
$ 148.6m
Richard Baio
Executive VP & CFO7.9yrsUS$2.82m0.0060%
$ 1.3m
James Shiel
Executive Vice President of Investments8.8yrsUS$2.86m0.094%
$ 19.8m
Lucille Sgaglione
Executive Vice President13.9yrsUS$2.85m0.0021%
$ 450.9k
A. Mansolillo
SVP & Chief Compliance Officer12yrsno datano data
Liberatore Iannarone
Senior VP & General Counselless than a yearno datano data
Karen Horvath
Vice President of External Financial Communications18.3yrsno datano data
Jonathan Levine
VP & Chief Marketing Officer10.8yrsno datano data
Carol LaPunzina
Senior Vice President of Human Resources14.6yrsno datano data
Edward Linekin
Senior Vice President of Investments6.3yrsno datano data
Robert Hewitt
Executive Vice President22.3yrsno datano data

13.0yrs

Average Tenure

62yo

Average Age

Experienced Management: WRB's management team is seasoned and experienced (13 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Berkley
Executive Chairman of the Board56.9yrsUS$16.91m20.36%
$ 4.3b
William Berkley
President23.3yrsUS$16.71m0.71%
$ 148.6m
Mark Shapiro
Independent Director49.9yrsUS$306.02k0.056%
$ 11.7m
Ronald Blaylock
Independent Director23.3yrsUS$299.52k0.036%
$ 7.6m
Daniel Mosely
Independent Director1.3yrsno data0.0014%
$ 286.5k
Maria Luisa Rangel
Independent Director6.9yrsUS$306.02k0.013%
$ 2.7m
Cindy Broschart
Chair of Berkley Entertainmentless than a yearno datano data
Mary Farrell
Independent Director18.1yrsUS$337.02k0.039%
$ 8.3m
Collin Suttie
Chairman of Berkley Healthcare4.4yrsno datano data
Christopher Augostini
Independent Director11.9yrsUS$341.02k0.026%
$ 5.5m
Jonathan Talisman
Independent Director4.4yrsUS$306.02k0.0063%
$ 1.3m

11.9yrs

Average Tenure

63yo

Average Age

Experienced Board: WRB's board of directors are seasoned and experienced ( 11.9 years average tenure).


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