W. R. Berkley Management
Management criteria checks 3/4
W. R. Berkley's CEO is Rob Berkley, appointed in Nov 2009, has a tenure of 15.08 years. total yearly compensation is $16.81M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth $160.32M. The average tenure of the management team and the board of directors is 13.6 years and 10.1 years respectively.
Key information
Rob Berkley
Chief executive officer
US$16.8m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 15.1yrs |
| CEO ownership | 0.7% |
| Management average tenure | 13.6yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
Benign Growth For W. R. Berkley Corporation (NYSE:WRB) Underpins Its Share Price
Dec 25
W. R. Berkley: Strong Results But A Premium Multiple
Nov 05Here's Why We Think W. R. Berkley (NYSE:WRB) Is Well Worth Watching
Sep 01W. R. Berkley Corporation's (NYSE:WRB) Business And Shares Still Trailing The Market
Jul 28W.R. Berkley: Pricing Pressure Could Weigh On Shares (Rating Downgrade)
Jun 06There's No Escaping W. R. Berkley Corporation's (NYSE:WRB) Muted Earnings
Apr 25W. R. Berkley: Good Global Insurer, Needs A Better Price
Mar 28W. R. Berkley: Shares Fully Valued Amid A Favorable Macro Environment
Jan 10W. R. Berkley: Solid Q3 Results Should Support Shares
Oct 24W. R. Berkley Corporation: Strong ROE, Valuation Not So Much
Sep 13W. R. Berkley: Poor Momentum Offsets The Value Case For Now
Jun 15W.R. Berkley declares $0.10 dividend
Feb 24W.R. Berkley Non-GAAP EPS of $1.16 beats by $0.07, revenue of $2.43B misses by $80M
Jan 26W.R. Berkley declares $0.10 dividend
Dec 09W.R. Berkley Q3 2022 Earnings Preview
Oct 21W. R. Berkley Corporation declares $0.10 dividend
Sep 14W.R. Berkley Q2 2022 Earnings Preview
Jul 20W. R. Berkley: A Founder-Operated Gem
Jul 07W. R. Berkley Leveraging A Hard Market To Refuel For Growth
Mar 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$17m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$17m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$14m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$931m |
| Mar 31 2021 | n/a | n/a | US$765m |
| Dec 31 2020 | US$10m | US$1m | US$531m |
| Sep 30 2020 | n/a | n/a | US$338m |
| Jun 30 2020 | n/a | n/a | US$351m |
| Mar 31 2020 | n/a | n/a | US$497m |
| Dec 31 2019 | US$11m | US$1m | US$682m |
| Sep 30 2019 | n/a | n/a | US$695m |
| Jun 30 2019 | n/a | n/a | US$692m |
| Mar 31 2019 | n/a | n/a | US$655m |
| Dec 31 2018 | US$12m | US$1m | US$641m |
| Sep 30 2018 | n/a | n/a | US$663m |
| Jun 30 2018 | n/a | n/a | US$663m |
| Mar 31 2018 | n/a | n/a | US$592m |
| Dec 31 2017 | US$10m | US$1m | US$549m |
Compensation vs Market: Rob's total compensation ($USD16.81M) is above average for companies of similar size in the US market ($USD12.73M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Berkley (51 yo)
15.1yrs
Tenure
US$16,813,567
Compensation
Mr. William Robert Berkley, Jr., also known as Rob, is Chairman of the Board at American Institute For Chartered Property Casualty Underwriters from July 2024. He is President, CEO & Director of W. R. Berk...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 57.6yrs | US$17.11m | 20.56% $ 4.6b | |
| President | 15.1yrs | US$16.81m | 0.71% $ 160.3m | |
| Executive VP & CFO | 8.6yrs | US$2.90m | 0.0062% $ 1.4m | |
| Executive Vice President of Investments | 9.5yrs | US$3.03m | 0.095% $ 21.3m | |
| Executive Vice President | 14.6yrs | US$2.92m | 0.0022% $ 501.1k | |
| Senior VP & Chief Compliance Officer | 12.7yrs | no data | no data | |
| Senior VP & General Counsel | 1.3yrs | no data | no data | |
| Vice President of External Financial Communications | 18.9yrs | no data | no data | |
| VP & Chief Marketing Officer | 11.4yrs | no data | no data | |
| Senior Vice President of Human Resources | 15.3yrs | no data | no data | |
| Senior Vice President of Investments | 6.9yrs | no data | no data | |
| Executive Vice President | 22.9yrs | no data | no data |
13.6yrs
Average Tenure
64yo
Average Age
Experienced Management: WRB's management team is seasoned and experienced (13.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 57.6yrs | US$17.11m | 20.56% $ 4.6b | |
| President | 23.9yrs | US$16.81m | 0.71% $ 160.3m | |
| Independent Director | 50.6yrs | US$323.04k | 0.057% $ 12.9m | |
| Independent Director | 23.9yrs | US$313.04k | 0.037% $ 8.4m | |
| Independent Director | 1.9yrs | US$313.04k | 0.0024% $ 532.6k | |
| Independent Director | 7.6yrs | US$321.54k | 0.014% $ 3.1m | |
| Chair of Berkley Entertainment | less than a year | no data | no data | |
| Independent Director | 18.8yrs | US$351.54k | 0.041% $ 9.1m | |
| Chairman of Berkley Healthcare | 5.1yrs | no data | no data | |
| Independent Director | 12.6yrs | US$361.54k | 0.027% $ 6.1m | |
| Independent Director | 5.1yrs | US$323.04k | 0.0074% $ 1.7m | |
| Independent Director | less than a year | no data | 0.0010% $ 224.7k |
10.1yrs
Average Tenure
65.5yo
Average Age
Experienced Board: WRB's board of directors are seasoned and experienced ( 10.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 03:45 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
W. R. Berkley Corporation is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Alex Scott | Barclays |
| Michael Zaremski | BMO Capital Markets Equity Research |