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Selective Insurance Group Inc (SIGI.OQ)

SIGI.OQ on NASDAQ Stock Exchange Global Select Market

59.55USD
12 Dec 2017
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Summary

Name Age Since Current Position

Gregory Murphy

61 2013 Chairman of the Board, Chief Executive Officer

John Marchioni

47 2013 President, Chief Operating Officer

Mark Wilcox

49 2017 Chief Financial Officer, Executive Vice President

Michael Lanza

55 2012 Executive Vice President, Chief Compliance Officer, General Counsel

Paul Bauer

73 2013 Lead Independent Director

William Rue

69 1977 Non - Independent Director

A. David Brown

74 2015 Independent Director

John Burville

69 2006 Independent Director

Robert Doherty

58 2015 Independent Director

Michael Morrissey

69 2008 Independent Director

Cynthia Nicholson

52 2009 Independent Director

Ronald O'Kelley

72 2005 Independent Director

John Scheid

61 2014 Independent Director

J. Brian Thebault

65 1996 Independent Director

Philip Urban

64 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 17 years and having worked at Selective for 37 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 prior to assuming other leadership positions, and is very knowledgeable on financial and investment matters.

John Marchioni

Mr. John J. Marchioni is a President, Chief Operating Officer of the Company. Mr. Marchioni joined Selective in 1998 as a government affairs specialist. In 2000 he was promoted to assistant vice president in government affairs, and in 2003 to vice president, director of government affairs. He was appointed vice president and strategic business unit leader in 2004, and senior vice president, director of Personal Lines and Flood in 2005. Mr. Marchioni was promoted to executive vice president, chief field operations officer in October 2007. Before coming to Selective, he was vice president of government relations for the Commerce & Industry Association of New Jersey. Mr. Marchioni is a graduate of Princeton University and completed the Harvard Advanced Management Program. He also holds the Chartered Property Casualty Underwriters designation.

Mark Wilcox

Mr. Mark A. Wilcox has been appointed as 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 a 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.

Paul Bauer

Mr. Paul D. Bauer is a Lead 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.

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 48 years, and was the chief executive of his agency for 30 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. He is Chairman, Rue Insurance, an insurance agency, since 2013; President and former Executive Vice President, Rue Insurance, 1969 to 2013.

A. David Brown

Mr. A. David Brown is an Independent Director of Selective Insurance Group, Inc. He served as Executive Vice President and Chief Administrative Officer, Urban Brands, Inc., 2011 to 2012. In September 2010, Urban Brands, Inc. filed for protection under Chapter 11 of the U.S. Bankruptcy Code, was acquired by a subsidiary of Gordon Brothers Group in November 2010, and emerged from bankruptcy. Mr. Brown has strong leadership and inter-personal skills. He has had a long career in human resources, with extensive experience in executive development, recruitment and leadership, employee benefits and compensation, particularly in corporate restructurings. Mr. Brown has operated his own business and worked for large corporations. He also has long been committed to diversity and was the managing director of a search firm specializing in diversity. Mr. Brown has substantial corporate governance experience, has served on several public company boards, and was Selective’s Lead Independent Director from 2009 to 2013.

John Burville

Mr. John C. Burville is an 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.

Robert Doherty

Mr. Robert Kelly Doherty is an Independent Director of Selective Insurance Group, Inc. Mr. Doherty is Managing Partner and Founder, Caymen Advisors and Caymen Partners, since 1999.He was Vice Chairman, Bankers Trust Company and Bankers Trust New York Corporation, 1997 to 1998; various positions in global trading and investment operations, 1982 to 1997. 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. 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.

Michael Morrissey

Mr. Michael J. Morrissey is an Independent Director Selective Insurance Group, Inc. Mr. Morrissey is President and Chief Executive Officer, International Insurance Society, Inc., since 2009, Senior Advisor to the United Nations, since 2014, Chairman and Chief Executive Officer, Firemark Investments, 1983 to 2009. Mr. Morrissey has 44 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 an Independent Director of Selective Insurance Group, Inc. Ms. Nicholson is a marketing expert with 28 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. He is Chief Operating Officer, Forkcast, since 2015 and he was Chief Marketing Officer, Softcard®, 2013 to 2015. Advisor, GamesThatGive, Inc., 2010 to 2011; Principal Strategist and Director, 2009 to 2010. Senior Vice President and Chief Marketing Officer, Pepsi-Cola North America, a division of PepsiCo, Inc., 2005 to 2008.

Ronald O'Kelley

Mr. Ronald L. O'Kelley is an 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 for 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. He was President and Chief Executive Officer, U.S. Shipping Partners, L.P., 2008 to 2009. In April 2009, U.S. Shipping Partners, L.P. filed for protection under Chapter 11 of the U.S. Bankruptcy Code and emerged reorganized as U.S. Shipping Corp. in November 2009. Executive Vice President, Chief Financial Officer and Treasurer, State Street Corporation, 1995 to 2002.

John Scheid

Mr. John S. Scheid is an 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, and corporate transactions. 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. He is Owner and sole member, Scheid Investment Group, LLC, since 2013 and Director, Dynamis Corporation, since 2016. PricewaterhouseCoopers, LLP, Senior Partner, 2009 to 2013; Global Insurance Assurance Practice Leader, 2001 to 2009; Chairman, Americas Insurance Practice, 2001 to 2010; U.S. Insurance Practice Leader, 1995 to 2001; Midwest Region Financial Services Leader, 1991 to 1995; Partner, 1988 to 1991; other positions 1977 to 1988.

J. Brian Thebault

Mr. J. Brian Thebault is an Independent Director of Selective Insurance Group, Inc. 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. He is Partner, Thebault Associates, since 1987.

Philip Urban

Mr. Philip H. Urban is an 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. He was President and Chief Executive Officer, Grange Insurance, 1999 to 2010. President, Personal Lines, Guaranty National Insurance Company, 1996 to 1999. Senior Vice President, Great American Insurance Company, 1990 to 1996.

Basic Compensation

Name Fiscal Year Total

Gregory Murphy

5,441,210

John Marchioni

3,601,640

Mark Wilcox

--

Michael Lanza

1,702,090

Paul Bauer

182,076

William Rue

156,010

A. David Brown

165,510

John Burville

170,034

Robert Doherty

168,919

Michael Morrissey

170,686

Cynthia Nicholson

165,510

Ronald O'Kelley

167,161

John Scheid

176,925

J. Brian Thebault

173,076

Philip Urban

165,576
As Of  31 Dec 2016