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Donegal Group Inc (DGICB.OQ)

DGICB.OQ on NASDAQ Stock Exchange Global Select Market

14.50USD
19 Jul 2019
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Summary

Name Age Since Current Position

Donald Nikolaus

75 2015 Chairman of the Board

Kevin Burke

53 2016 President, Chief Executive Officer, Director

Jeffrey Miller

54 2014 Chief Financial Officer, Executive Vice President of the Company and Donegal Mutual Insurance Co.

Sanjay Pandey

52 2013 Senior Vice President, Chief Information Officer

Daniel Wagner

58 2005 Senior Vice President, Treasurer of the Company and Donegal Mutual Insurance Co.

Cyril Greenya

74 2005 Senior Vice President, Chief Underwriting Officer of the Company & Donegal Mutual Insurance Co.

Richard Kelley

64 2018 Senior Vice President

Robert Shenk

65 1997 Senior Vice President - Claims of the Company and Donegal Mutual Insurance Co.

Robert Bolinger

82 1986 Independent Director

Sewell Moore

65 2008 Independent Director

Scott Berlucchi

61 2013 Independent Director

Dennis Bixenman

72 2018 Independent Director

Patricia Gilmartin

79 1986 Independent Director

Jack Hess

71 2011 Independent Director

Barry Huber

67 2015 Independent Director

Kevin Kraft

66 2009 Independent Director

Jon Mahan

49 2014 Independent Director

Richard Wampler

77 2005 Independent Director

Biographies

Name Description

Donald Nikolaus

Mr. Donald H. Nikolaus is Chairman of the Board of the Company. Mr. Nikolaus has been president and chief executive officer of Donegal Mutual since 1981 and a director of Donegal Mutual since 1972. He served as our president and chief executive officer from 1986 to 2015 and has been chairman of our board of directors since April 2012. Mr. Nikolaus also serves as the chairman of the board of directors of UCB and as chairman of the board or president of each of our insurance subsidiaries as well as Conestoga Title Insurance Company. Mr. Nikolaus has also served as chairman of the Insurance Federation of Pennsylvania. Mr. Nikolaus has been a partner in the law firm of Nikolaus & Hohenadel since 1972. Mr. Nikolaus also currently serves as an executive officer and director of several Lancaster County-based water utilities unaffiliated with Donegal Mutual or us. The leadership and accomplishments of Mr. Nikolaus as our chief executive officer for over 25 years provides a strong foundation for the continuation of Mr. Nikolaus as a member of our board of directors.

Kevin Burke

Mr. Kevin Gerard Burke is President, Chief Executive Officer, Director of the Company. and as one of our directors since October 2016. Mr. Burke has served as our president and chief executive officer since 2015 and as one of our directors since October 2016. He has served as executive vice president, chief operating officer and a director of Donegal Mutual since 2014. He served as senior vice president of human resources of Donegal Mutual and us from 2005 to 2014 and as vice president of human resources of Donegal Mutual and us from 2001 to 2005. We believe Mr. Burke’s leadership and experience in these positions with Donegal Mutual and us qualifies him to serve on our board of directors.

Jeffrey Miller

Mr. Jeffrey Dean Miller is Chief Financial Officer, Executive Vice President of Donegal Group Inc., and Donegal Mutual Insurance Company, subsidiary of the Company. He served as Senior Vice President and Chief Financial Officer of Donegal Mutual and us from 2005 to 2014; Vice President and Controller of Donegal Mutual and us from 2000 to 2005; other positions from 1995 to 2000.

Sanjay Pandey

Mr. Sanjay Pandey is Senior Vice President and Chief Information Officer of the Company., and Donegal Mutual Insurance Company, subsidiary of the Company. since 2013. He served as Vice President and Chief Information Officer of Donegal Mutual and us from 2009 to 2013; other positions from 2000 to 2009.

Daniel Wagner

Mr. Daniel J. Wagner is Senior Vice President, Treasurer of the Company., and Donegal Mutual Insurance Company, a subsidiary of the Company since 2005. He served as Vice President and Treasurer of Donegal Mutual and us from 2000 to 2005; other positions from 1993 to 2000.

Cyril Greenya

Mr. Cyril J. Greenya is Senior Vice President, Chief Underwriting Officer of the Company., He is Senior Vice President and Chief Underwriting Officer of Donegal Mutual and us since 2005; Senior Vice President, Underwriting, of Donegal Mutual from 1997 to 2005; other positions from 1986 to 1997.

Richard Kelley

Mr. Richard G. Kelley is serves as Senior Vice President of the Company. Senior Vice President and Head of Field Operations of Donegal Mutual and us since 2018; Senior Vice President of Donegal Mutual from 2007 to 2018; other positions from 2000 to 2007.

Robert Shenk

Mr. Robert G. Shenk is Senior Vice President - Claims of the Company., and Donegal Mutual Insurance Company, a subsidiary of the Company since 1997. He served other positions from 1986 to 1997.

Robert Bolinger

Mr. Robert S. Bolinger is an Independent Director of the Company. Mr. Bolinger retired in 2001 as chief executive officer of Susquehanna Bancshares, Inc., a position he held from 1982 to 2001. From 2000 to 2002, Mr. Bolinger served as chairman of the board of directors of Susquehanna Bancshares, Inc. We believe Mr. Bolinger’s experience as the chief executive officer of a major financial institution qualifies him to serve on our board of directors.

Sewell Moore

Mr. Sewell Trezevant Moore, Jr., is an Independent Director of the Company. Mr. Moore has served as a managing director of Lima One Capital, LLC, a specialty finance company that originates and finances first mortgages to real estate investors with respect to non-owner occupied investment properties throughout the United States, since June 2017. Lima One Capital, LLC is an affiliate of Promontory MortgagePath, which Mr. Moore joined in December 2016. From October 2014 to December 2016, Mr. Moore was an executive vice president of FirstKey Mortgage, LLC, a subsidiary of Cerberus. Mr. Moore served as a managing director in the securities unit of the Royal Bank of Scotland from October 2012 to October 2014. From March 2010 until October 2012, Mr. Moore served as senior vice president, Strategic Investment Group, of The Federal Home Loan Mortgage Corporation. We believe the experience of Mr. Moore in mortgage securities and financial businesses amply qualifies him to serve as a member of our board of directors.

Scott Berlucchi

Mr. Scott Andrew Berlucchi is Independent Director of the Company, Mr. Berlucchi has been president and chief executive officer of Auburn Memorial Hospital, Auburn, New York since 2007. We believe the experience of Mr. Berlucchi as the chief executive officer of a major hospital system qualifies him to serve as a member of our board of directors.

Dennis Bixenman

Mr. Dennis J. Bixenman is Independent Director of the Company. Mr. Bixenman has been a director of Donegal Mutual since 2006. For a number of years prior to his retirement in 2012, Mr. Bixenman served as vice president and senior consultant of Williams & Company Consulting, Inc., an environmental and business consulting firm with its headquarters in Sioux City, Iowa. Mr. Bixenman is a certified public accountant with extensive experience in auditing and preparing financial statements. We believe Mr. Bixenman’s background and financial accounting expertise qualifies Mr. Bixenman to serve on our board of directors.

Patricia Gilmartin

Mrs. Patricia A. Gilmartin is Independent Director of the Company, Mrs. Gilmartin was an employee of Associated Donegal Insurance Brokers from 1969 until her retirement in February 2013. That agency has no affiliation with us, except that Associated Donegal Insurance Brokers receives insurance commissions in the ordinary course of business from our insurance subsidiaries and Donegal Mutual in accordance with their standard commission schedules and agency contracts. Mrs. Gilmartin has been a Donegal Mutual director for 37 years and provides valuable input to maintain and enhance the relationships between Donegal Mutual and us and our respective insurance agents. Mrs. Gilmartin, who has been a registered insurance agent for over 50 years, helps provide us and our insurance subsidiaries with insight into the concerns of agents. We believe the long experience of Mrs. Gilmartin as an insurance agent and her long association as one of our directors qualifies her to serve on our board of directors.

Jack Hess

Mr. Jack Lee Hess is an Independent Director of the Company. Mr. Hess, a certified public accountant for more than 40 years, retired as a partner in Bertz, Hess & Co., LLP on December 31, 2015. He was a partner of that firm and a predecessor firm since 1982. Mr. Hess has been a director of Donegal Mutual since 2009, a director of us since 2011 and a director of Conestoga Title Insurance Company, a subsidiary of Donegal Mutual, since 2006. Mr. Hess’ background brings significant auditing and tax expertise to our board of directors as well as experienced business management skills and significant standing in the Lancaster business community,

Barry Huber

Mr. Barry C. Huber is an Independent Director of Company. Mr. Huber practiced for over 35 years as a certified public accountant with the Lancaster, Pennsylvania-based public accounting firm of Trout, Ebersole & Groff, LLP, for which he served as managing partner from 1998 to 2010. He retired from that firm in 2012. He served as a director of Union National Financial Corporation and Union National Community Bank from 2006 until 2011. Since DFSC acquired Union National Financial Corporation in 2011, Mr. Huber has served as a director and chairman of the audit committee of the board of directors of UCB. We believe the experience of Mr. Huber as the managing partner of a major regional public accounting firm and his experience as a director of UCB and the predecessor of UCB qualify Mr. Huber to serve on our board of directors.

Kevin Kraft

Mr. Kevin Michael Kraft, Sr. is Independent Director of the Company. Mr. Kraft has served as a director since December 2009. Mr. Kraft has been the chief executive officer of Clyde W. Kraft Funeral Home, Columbia, Pennsylvania since 1995. Mr. Kraft is also registered as an insurance agent with the Pennsylvania Department of Insurance. Mr. Kraft currently serves on the board of directors of a Lancaster County-based water utility, Conestoga Title Insurance Company and UCB. Mr. Kraft has been a director of Donegal Mutual since 2003. We believe Mr. Kraft’s experience with financial institutions qualifies him to continue to serve as a member of our board of directors.

Jon Mahan

Mr. Jon Marshall Mahan is an Independent Director of the Company. Mr. Mahan has been a managing director in the Investment Banking Division of Stifel Nicolaus & Company, Incorporated since 2005. Mr. Mahan specializes in corporate finance with a focus on mergers and acquisitions, and has experience with a variety of corporate transactions involving mergers and acquisitions. Mr. Mahan’s expertise benefits our analysis of acquisition opportunities and makes him a desirable member of our board of directors.

Richard Wampler

Mr. Richard D. Wampler, II, is an Independent Director of the Company. Mr. Wampler is a certified public accountant and served as a principal of the accounting firm of Brown Schultz Sheridan & Fritz from 1998 to 2005. For 28 prior years, Mr. Wampler was a partner in the accounting firm of KPMG LLP. His practice focused on property and casualty insurance companies. We believe Mr. Wampler’s background and financial expertise qualifies Mr. Wampler to serve on our board of directors and assist us in our analysis of statutory accounting principles as well as generally accepted accounting principles and in analyzing and maintaining internal controls over financial reporting.

Basic Compensation

Name Fiscal Year Total

Donald Nikolaus

2,061,490

Kevin Burke

810,825

Jeffrey Miller

607,775

Sanjay Pandey

465,526

Daniel Wagner

464,475

Cyril Greenya

550,125

Richard Kelley

469,475

Robert Shenk

426,375

Robert Bolinger

101,170

Sewell Moore

94,520

Scott Berlucchi

100,820

Dennis Bixenman

109,670

Patricia Gilmartin

99,620

Jack Hess

105,470

Barry Huber

99,620

Kevin Kraft

114,170

Jon Mahan

112,170

Richard Wampler

108,370
As Of  31 Dec 2018