This company has been acquired
Alleghany Management
Management criteria checks 4/4
Key information
Joe Brandon
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 19.3% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.6yrs |
| Board average tenure | 10.6yrs |
Recent management updates
Recent updates
Merger Arbitrage Mondays: Berkshire Hathaway Acquires Insurer Alleghany For $11.6 Billion
Mar 28Alleghany Corporation: Valuation Is In The Right Zone
Mar 09Alleghany Corporation: An Interesting Play To Sidestep Crazy Valuations
Sep 15Alleghany says Berkshire Hathaway's General Re won't renew underwriting pact
Jun 15Alleghany Q3 2020 Earnings Preview
Nov 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | n/a | n/a | US$355m |
| Mar 31 2022 | n/a | n/a | US$931m |
| Dec 31 2021 | US$5m | US$975k | US$1b |
| Sep 30 2021 | n/a | n/a | US$678m |
| Jun 30 2021 | n/a | n/a | US$919m |
| Mar 31 2021 | n/a | n/a | US$693m |
| Dec 31 2020 | US$4m | US$940k | US$102m |
| Sep 30 2020 | n/a | n/a | -US$26m |
| Jun 30 2020 | n/a | n/a | -US$62m |
| Mar 31 2020 | n/a | n/a | US$56m |
| Dec 31 2019 | US$6m | US$910k | US$858m |
| Sep 30 2019 | n/a | n/a | US$114m |
| Jun 30 2019 | n/a | n/a | US$309m |
| Mar 31 2019 | n/a | n/a | US$308m |
| Dec 31 2018 | US$6m | US$875k | US$40m |
| Sep 30 2018 | n/a | n/a | US$905m |
| Jun 30 2018 | n/a | n/a | US$306m |
| Mar 31 2018 | n/a | n/a | US$113m |
| Dec 31 2017 | US$5m | US$850k | US$90m |
| Sep 30 2017 | n/a | n/a | US$6m |
| Jun 30 2017 | n/a | n/a | US$476m |
| Mar 31 2017 | n/a | n/a | US$452m |
| Dec 31 2016 | US$5m | US$825k | US$457m |
| Sep 30 2016 | n/a | n/a | US$541m |
| Jun 30 2016 | n/a | n/a | US$482m |
| Mar 31 2016 | n/a | n/a | US$587m |
| Dec 31 2015 | US$5m | US$800k | US$558m |
Compensation vs Market: Joe's total compensation ($USD5.04M) is below average for companies of similar size in the US market ($USD13.01M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Brandon (63 yo)
1.5yrs
Tenure
US$5,039,702
Compensation
Mr. Joseph Patrick Brandon, also known as Joe, serves as President at Alleghany Corporation since April 23, 2021 and serves as its Chief Executive Officer & Director since December 31, 2021. He served as E...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.5yrs | US$5.04m | 0.24% $ 27.1m | |
| Executive VP & CFO | 8.6yrs | US$4.08m | 0.011% $ 1.2m | |
| Senior VP & Chief Investment Officer | 2.8yrs | US$2.79m | 0.0028% $ 314.8k | |
| Senior VP | 13.3yrs | US$4.07m | 0.028% $ 3.2m | |
| VP of Finance & Chief Accounting Officer | 16.3yrs | US$1.01m | no data | |
| VP of Corporate Finance & Chief Risk Officer | 2.7yrs | no data | no data | |
| VP, Chief Compliance Officer | 10.5yrs | no data | no data | |
| Vice President of People & Inclusion | 1.1yrs | no data | no data | |
| VP & Head of Internal Audit | 2.6yrs | no data | no data | |
| President & CEO of Transatlantic Holdings | 1.4yrs | no data | no data | |
| Treasurer | less than a year | no data | no data | |
| Chief Executive Officer of RSUI Group | less than a year | no data | no data |
2.6yrs
Average Tenure
54yo
Average Age
Experienced Management: Y's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$5.04m | 0.24% $ 27.1m | |
| Independent Director | 3.8yrs | US$274.76k | 0.016% $ 1.9m | |
| Independent Director | 10.6yrs | US$291.76k | 0.029% $ 3.3m | |
| Independent Director | 12.8yrs | US$286.76k | 0.035% $ 3.9m | |
| Independent Director | 12.8yrs | US$266.76k | 0.028% $ 3.2m | |
| Independent Chairman of the Board | 16.5yrs | US$359.76k | 2.48% $ 282.4m | |
| Independent Director | 16.5yrs | US$289.76k | 0.067% $ 7.7m | |
| Independent Director | 10.6yrs | US$266.76k | 0.021% $ 2.3m | |
| Independent Director | 1.1yrs | US$161.48k | 0.0010% $ 114.1k |
10.6yrs
Average Tenure
69yo
Average Age
Experienced Board: Y's board of directors are seasoned and experienced ( 10.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/19 14:37 |
| End of Day Share Price | 2022/10/18 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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 |
|
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| 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.
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 Github.
Analyst Sources
Alleghany Corporation is covered by 7 analysts. 1 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 |
|---|---|
| Philip Stefano | Deutsche Bank |
| Lawrence Greenberg | Janney Montgomery Scott LLC |
| Matthew Carletti | JMP Securities |