First Acceptance Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Ken Russell
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 19.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2019 | n/a | n/a | US$20m |
| Mar 31 2019 | n/a | n/a | US$19m |
| Dec 31 2018 | n/a | n/a | US$18m |
| Sep 30 2018 | n/a | n/a | US$5m |
| Jun 30 2018 | n/a | n/a | US$2m |
| Mar 31 2018 | n/a | n/a | -US$4m |
| Dec 31 2017 | US$1m | US$400k | -US$9m |
Compensation vs Market: Insufficient data to establish whether Ken's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Ken's compensation with company performance.
CEO
Ken Russell (75 yo)
less than a year
Tenure
US$1,377,337
Compensation
Mr. Kenneth Duane Russell, also known as Ken, is President & CEO at First Acceptance Corporation from March 1, 2024 and served as its Strategic Advisor since November 2021 until March 1, 2024. He serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | less than a year | US$1.38m | no data | |
| Executive VP & CFO | 4.4yrs | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| VP, Secretary & Treasurer | 18.4yrs | US$224.93k | no data | |
| Executive VP & General Counsel | less than a year | no data | no data | |
| Executive VP & Chief Insurance Operations Officer | less than a year | no data | no data |
0.2yrs
Average Tenure
67yo
Average Age
Experienced Management: FACO's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 10yrs | US$1.38m | no data | |
| Independent Director | 21.8yrs | US$34.00k | no data | |
| Chairman of the Board | 12.5yrs | US$28.00k | no data | |
| Independent Director | 18.5yrs | US$35.18k | no data | |
| Independent Director | 19.8yrs | US$45.18k | no data | |
| Independent Director | 19.8yrs | US$30.18k | no data | |
| Independent Director | 19.8yrs | US$40.18k | no data |
19.8yrs
Average Tenure
74yo
Average Age
Experienced Board: FACO's board of directors are seasoned and experienced ( 19.8 years average tenure).