Hallmark Financial Services, Inc.

OTCPK:HALL Stock Report

Market Cap: US$1.2m

Hallmark Financial Services Management

Management criteria checks 3/4

Hallmark Financial Services' CEO is Chris Kenney, appointed in Sep 2020, has a tenure of 3.58 years. total yearly compensation is $752.13K, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth $363.00. The average tenure of the management team and the board of directors is 2.8 years and 15.5 years respectively.

Key information

Chris Kenney

Chief executive officer

US$752.1k

Total compensation

CEO salary percentage49.9%
CEO tenure3.6yrs
CEO ownership0.03%
Management average tenure2.8yrs
Board average tenure15.5yrs

Recent management updates

Recent updates

Hallmark Financial Services briefly gains on report on sale of its specialty book

Oct 03

Hallmark Financial Cheap To Both Assets 'And' Earnings

Nov 25

Hallmark Financial Services' Specialty Commercial Segment Presents Sum Of The Parts Opportunity

Aug 31

Hallmark Financial Services: Buying The Dip For 100% Upside To Fair Value

Aug 20

Hallmark Financial Services Hits Soft Q2, But Remains Extremely Cheap

Aug 13

Potential Spin-Out May Reduce Hallmark's Heavily Discounted Valuation

Apr 28

CEO Compensation Analysis

How has Chris Kenney's remuneration changed compared to Hallmark Financial Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$104m

Jun 30 2023n/an/a

-US$113m

Mar 31 2023n/an/a

-US$162m

Dec 31 2022US$752kUS$375k

-US$135m

Sep 30 2022n/an/a

-US$111m

Jun 30 2022n/an/a

-US$87m

Mar 31 2022n/an/a

-US$30m

Dec 31 2021US$518kUS$269k

-US$10m

Sep 30 2021n/an/a

-US$12m

Jun 30 2021n/an/a

-US$38m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$266kUS$227k

-US$94m

Sep 30 2020n/an/a

-US$121m

Jun 30 2020n/an/a

-US$87m

Mar 31 2020n/an/a

-US$80m

Dec 31 2019US$300kUS$203k

-US$625k

Sep 30 2019n/an/a

US$28m

Jun 30 2019n/an/a

US$33m

Mar 31 2019n/an/a

US$25m

Dec 31 2018US$295kUS$194k

US$10m

Compensation vs Market: Chris's total compensation ($USD752.13K) is about average for companies of similar size in the US market ($USD668.06K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


CEO

Chris Kenney (60 yo)

3.6yrs

Tenure

US$752,133

Compensation

Mr. Christopher James Kenney, also known as Chris, CPA, serves as President at Hallmark Financial Services, Inc. since January 09, 2022. He serves as Chief Financial Officer of Hallmark since May 27, 2021...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Schwarz
Executive Chairman23.3yrsUS$1.41m1.11%
$ 13.7k
Christopher Kenney
President3.6yrsUS$752.13k0.029%
$ 363.0
Andrew Curti
Vice President of Operations6.1yrsno datano data
Pavinee Hat
Chief Human Resources Officer2.8yrsno datano data
Chris Miller
Senior Vice President of Commercial Claims1.3yrsno datano data
Robert Collins
President of Commercial Lines & Aviation7.4yrsno datano data
Michael Sadowski
Senior VP & Chief Actuary1.8yrsno datano data

2.8yrs

Average Tenure

Experienced Management: HALL's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Schwarz
Executive Chairman23.3yrsUS$1.41m1.11%
$ 13.7k
Scott Berlin
Independent Director23.3yrsUS$54.00k0.25%
$ 3.1k
Mark Pape
Independent Director7.8yrsUS$57.75kno data
Doug Slape
Independent Director1.8yrsUS$30.92kno data

15.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: HALL's board of directors are seasoned and experienced ( 15.5 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.