Edition:
United Kingdom

Selective Insurance Group Inc (SIGI.OQ)

SIGI.OQ on NASDAQ Stock Exchange Global Select Market

75.79USD
17 Jul 2019
Change (% chg)

-- (--)
Prev Close
$75.79
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
85,594
52-wk High
$79.13
52-wk Low
$56.22

Summary

Name Age Since Current Position

Gregory Murphy

63 2013 Chairman of the Board, Chief Executive Officer

John Marchioni

49 2013 President, Chief Operating Officer

Mark Wilcox

51 2017 Chief Financial Officer, Executive Vice President

Michael Lanza

57 2012 Executive Vice President, Chief Compliance Officer, General Counsel

J. Brian Thebault

67 2017 Lead Independent Director

William Rue

71 1977 Non-Independent Director

Paul Bauer

74 2017 Independent Director

John Burville

71 2006 Independent Director

Terrence Cavanaugh

65 2018 Independent Director

Robert Doherty

60 2015 Independent Director

Thomas McCarthy

62 2018 Independent Director

H. Elizabeth Mitchell

57 2018 Independent Director

Michael Morrissey

71 2008 Independent Director

Cynthia Nicholson

54 2009 Independent Director

Ronald O'Kelley

73 2005 Independent Director

John Scheid

63 2014 Independent Director

Philip Urban

66 2014 Independent Director

Biographies

Name Description

Gregory Murphy

Mr. Gregory E. Murphy is Chairman of the Board, Chief Executive Officer of Selective Insurance Group, Inc. Mr. Murphy is the director most knowledgeable about our operations, having served as Chief Executive Officer for 19 years and having worked at Selective for 39 years. We consider his service on the Board extremely valuable to informed business and strategic decision-making. He has broad experience and knowledge in the areas of reinsurance, insurance pricing, and industry fundamentals. Mr. Murphy has extensive contacts in the insurance industry and serves as a director of several important industry groups. He served as our Chief Financial Officer before assuming other leadership positions and is very knowledgeable on financial and investment matters.

John Marchioni

Mr. John J. Marchioni is President, Chief Operating Officer of the Company. Mr. Marchioni has served as President and Chief Operating Officer for over five years and has been an employee for 21 years. He has oversight for Insurance Operations, Strategy, Actuarial, Human Resources, Marketing, Information Technology, Finance, and Legal. Mr. Marchioni has exhibited strong leadership in guiding our management team in its execution of our strategic initiatives and possesses extensive knowledge of Selective and the property and casualty insurance industry. His demonstrated talents and abilities will continue to help position the company for its next phase of growth. In light of Mr. Marchioni’s contributions to Selective in his position as President and Chief Operating Officer, and consistent with the Board’s efforts to position the company for its next phase of growth, the Corporate Governance and Nominating Committee and Board of Directors determined it was appropriate for Mr. Marchioni to join our Board.

Mark Wilcox

Mr. Mark Alexander Wilcox is Chief Financial Officer, Executive Vice President of the Company. Mr. Wilcox currently serves as Senior Vice President, Corporate Controller and Chief Accounting Officer of RenaissanceRe Holdings Ltd., and is responsible for accounting policy, internal, external, and regulatory financial reporting, budgeting, global tax, global actuarial, and investor relations. Mr. Wilcox previously held senior financial positions at PriceWaterhouseCoopers LLP and Bank of America Corporation. He holds an MBA from Georgetown University, a BS from the University of South Florida, and a certificate from Oxford University’s Graduate Program in International Management.

Michael Lanza

Mr. Michael H. Lanza is Executive Vice President, Chief Compliance Officer, General Counsel of the company. He has also served as Senior Vice President and General Counsel, 2004 – 2007, Corporate advisor and legal consultant, 2003 – 2004, Executive Vice President and Corporate Secretary, QuadraMed Corporation, 2000 – 2003. He is a Member, Society of Corporate Secretaries and Corporate Governance Professionals, Member, National Investor Relations Institute. He earned his B.A. Degree from University of Connecticut and a J.D. Degree from University of Connecticut School of Law. He is a Member, National Investor Relations Institute.

J. Brian Thebault

Mr. J. Brian Thebault is Lead Independent Director of the Company. For most of his career, Mr. Thebault has run closely-held businesses, which is the ownership structure of many of our commercial customers. Through his career in the printing industry, he has a strong background in sales, marketing, finance matters, and business strategy.

William Rue

Mr. William M. Rue is Non-Independent Director of Selective Insurance Group, Inc. Mr. Rue has been one of our independent agents for 50 years and was the chief executive of his agency for 31 years. Because we principally distribute our products through independent agents, we believe it is extremely valuable for informed business and strategic decision-making for the Board to have input from, and understand the views of, an independent agent who has strong knowledge of our operations and the competitive landscape.

Paul Bauer

Mr. Paul D. Bauer is Independent Director of Selective Insurance Group, Inc. Mr. Bauer is the former chief financial officer of a publicly-traded company and served as the Chairman of Selective’s Audit Committee for eight years. Mr. Bauer is very active in the Buffalo community and knowledgeable of Upstate New York, which is an important market for Selective.

John Burville

Mr. John C. Burville is Independent Director of Selective Insurance Group, Inc. Mr. Burville has extensive insurance industry knowledge and served as chief actuary of one of the world’s largest property and casualty insurance companies. He is extremely knowledgeable about reserving and actuarial techniques to calculate ultimate reserve levels. Board members look to Mr. Burville for guidance on actuarial subject matters and his general knowledge of the insurance industry.

Terrence Cavanaugh

Mr. Terrence W. Cavanaugh is Independent Director of the Company. Mr. Cavanaugh has more than 40 years of insurance expertise, including serving for eight years as chief executive officer of a Fortune 500 insurer. He has extensive experience growing property and casualty direct written premium and increasing policyholder surplus, delivering profitability, and developing relationships with independent agents. Mr. Cavanaugh is a strategic thinker and a highly regarded customer experience expert. He also has extensive knowledge of talent development. Mr. Cavanaugh was known to several members of the Corporate Governance and Nominating Committee through his insurance industry experience, and identified as an individual who would significantly contribute to our Board.

Robert Doherty

Mr. Robert Kelly Doherty is Independent Director of Selective Insurance Group, Inc. Mr. Doherty has a wealth of investment experience in both public and private companies. He plays a key advisory role in contributing to Selective’s investment strategies, particularly in the private equity sector, and is knowledgeable about fixed income products. Mr. Doherty also has significant senior management experience with a large financial services company and is familiar with the issues Selective’s senior management faces.

Thomas McCarthy

Mr. Thomas A. McCarthy is Independent Director of the Company. Mr. McCarthy retired from Cigna in 2017 after more than 30 years with the company. While at Cigna, he was responsible for the company’s strategy and corporate development functions, which included mergers and acquisitions and corporate risk management. Mr. McCarthy was also treasurer and had responsibility for corporate finance, capital management, and treasury operations. Mr. McCarthy’s experience and knowledge will help management fully implement its growth strategy.

H. Elizabeth Mitchell

Ms. H. Elizabeth Mitchell is Independent Director of the Company. Ms. Mitchell is a well-respected insurance industry executive with a proven record of accomplishment leading an organization with sustained profitability. In addition to extensive experience in the property and casualty insurance and reinsurance industries, Ms. Mitchell is very knowledgeable about risk, actuarial, merger and acquisitions, and operational reorganization matters. Ms. Mitchell contributes her expertise to help us formulate our strategy, risk assessment, and growth plans.

Michael Morrissey

Mr. Michael J. Morrissey is Independent Director Selective Insurance Group, Inc. Mr. Morrissey has 46 years of insurance industry experience. He is the head of an international insurance research organization, previously managed an investment firm specializing in insurance companies, and was president and chief investment officer of an insurance company. Mr. Morrissey is very knowledgeable about the insurance industry, the investment community, investor relations, and the analysis of strategic transactions.

Cynthia Nicholson

Ms. Cynthia S. Nicholson is Independent Director of Selective Insurance Group, Inc. Ms. Nicholson is a marketing expert with 30 years of experience in various industries. She served as chief marketing officer at both Equinox Holdings, Inc. and Pepsi-Cola North America. Ms. Nicholson has extensive experience with brand building, advertising, media buying, promotions, digital and social media, and direct marketing. We believe her marketing expertise is invaluable as we explore branding and marketing efforts to differentiate ourselves with distribution partners and address competitive issues in the property and casualty insurance industry.

Ronald O'Kelley

Mr. Ronald L. O'Kelley is Independent Director of Selective Insurance Group, Inc. Mr. O’Kelley is the former chief financial officer of a large multi-national financial services organization. He has extensive experience in corporate restructurings for both manufacturing organizations and financial institutions. Mr. O’Kelley has a demonstrated track record of implementing corporate strategy through mergers and acquisitions, divestitures, and debt and equity fund raisings. He has significant experience as a director of other public companies.

John Scheid

Mr. John S. Scheid is Independent Director of Selective Insurance Group, Inc. Mr. Scheid retired after 36 years at PricewaterhouseCoopers LLP, most recently serving as a senior partner, primarily in the insurance and asset management industries. He has extensive experience in financial management, public company governance, corporate transactions, and strategic leadership. Mr. Scheid’s financial experience and keen sense of industry trends are extremely valuable to Selective in the constantly changing cycle of the property and casualty insurance industry.

Philip Urban

Mr. Philip H. Urban is Independent Director of Selective Insurance Group, Inc. Mr. Urban has a wealth of property and casualty insurance experience, both as a senior executive and as a board member. He has first-hand knowledge of the independent agent distribution channel, geographic market expansion, and insurance products and technology, which he uses to contribute to Selective’s strategic direction.

Basic Compensation

Name Fiscal Year Total

Gregory Murphy

4,946,190

John Marchioni

3,416,240

Mark Wilcox

2,341,350

Michael Lanza

1,615,730

J. Brian Thebault

190,563

William Rue

157,023

Paul Bauer

171,023

John Burville

180,523

Terrence Cavanaugh

40,719

Robert Doherty

176,523

Thomas McCarthy

165,563

H. Elizabeth Mitchell

146,213

Michael Morrissey

180,547

Cynthia Nicholson

165,523

Ronald O'Kelley

169,060

John Scheid

192,563

Philip Urban

163,063
As Of  31 Dec 2018