Edition:
United States

ProAssurance Corp (PRA)

PRA on New York Consolidated

53.85USD
18 Sep 2017
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Summary

Name Age Since Current Position

William Starnes

68 2012 Chairman of the Board, President, Chief Executive Officer

Edward Rand

50 2014 Chief Financial Officer, Executive Vice President

Michael Boguski

54 2014 President of Eastern Insurance

Mary Peterson

61 President of Medmarc Casualty Insurance Company

Ross Taubman

59 President, Chief Medical Officer of PICA

Jeffrey Lisenby

47 2014 Executive Vice President, General Counsel

Frank O'Neil

63 2001 Senior Vice President, Chief Communications Officer

Kelly Brewer

41 2014 Chief Accounting Officer, Vice President - Finance

Howard Friedman

57 2014 President, Healthcare Professional Liability Group

Robert Flowers

67 2012 Lead Independent Director

Katisha Vance

2017 Director

Bruce Angiolillo

64 2016 Independent Director

Samuel Di Piazza

66 2014 Independent Director

Magnus Gorrie

54 2012 Independent Director

Ziad Haydar

54 2015 Independent Director

John McMahon

74 2002 Independent Director

Frank Spinosa

62 2012 Independent Director

Thomas Wilson

55 2012 Independent Director

Biographies

Name Description

William Starnes

Mr. William Stancil Starnes, Esq., is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Starnes previously served as President, Corporate Planning and Administration of Brasfield & Gorrie, Inc., a large national commercial contractor. Prior to 2006, Mr. Starnes served as the Senior and Managing Partner of the law firm of Starnes & Atchison, LLP, where he was extensively involved with ProAssurance and its predecessors in the defense of healthcare professional liability claims for over 25 years. Mr. Starnes currently serves as a director of Infinity Property and Casualty Corporation, a public insurance holding company, where he serves on the Audit and Investment Committees. He is also on the Board of Directors of National Commerce Corporation, located in Birmingham, Alabama, where he serves as Chairman of the Nominating and Corporate Governance Committee, Chairman of the Pricing Committee and is a member of the Compensation Committee.

Edward Rand

Mr. Edward L. Rand, Jr., CPA., Chief Financial Officer, Executive Vice President of the Company. Mr. Rand previously served as our Senior Vice President of Finance upon joining ProAssurance in 2004. Prior to joining ProAssurance, Mr. Rand was the Chief Accounting Officer and Head of Corporate Finance for PartnerRe Ltd. Prior to that time Mr. Rand served as the Chief Financial Officer of Atlantic American Corporation.

Michael Boguski

Mr. Michael L. Boguski is President of Eastern Insurance, a subsidiary of the Company. Prior to the acquisition of Eastern, he served as President and Chief Executive Officer of Eastern, and first joined Eastern in 1997. He has 26 years of insurance industry experience.

Mary Peterson

Ms. Mary Todd Peterson is President of Medmarc Casualty Insurance Company, a subsidiary of the Company. Prior to the acquisition of Medmarc, Ms. Peterson served as Medmarc's President and CEO. She previously served as Medmarc's Senior Vice President and Chief Operating Officer as well as its Senior Vice President, Chief Financial Officer and Treasurer. She has 19 years of insurance industry experience and 18 years of public accounting experience. Ms. Peterson serves on the Board of Governors for the Property Casualty Insurance Association of America where she chairs the Investment Committee and serves on the Executive and Finance Committees. Ms. Peterson also serves on the Board of Directors of The Community Financial Corporation where she chairs the Audit Committee.

Ross Taubman

Dr. Ross E. Taubman is President, Chief Medical Officer - Podiatric Insurance Company of America (PICA), a subsidiary of the Company. Prior to joining PICA, Dr. Taubman practiced podiatry for 26 years. During that time, Dr. Taubman served as Treasurer, Vice-President and President of the Maryland Podiatric Medical Association. Dr. Taubman is a diplomate in the American Board of Podiatric Surgery.

Jeffrey Lisenby

Mr. Jeffrey P. Lisenby Executive Vice President, General Counsel of the Company. He joined Medical Assurance, the predecessor to ProAssurance, in 2001 and has served as head of the corporate Legal Department since that time. Prior to joining Medical Assurance, he was in private practice in Birmingham, Alabama, from 1996 to 2001 and served as a judicial clerk for the United States District Court for the Northern District of Alabama from 1995 to 1996. Mr. Lisenby received his bachelor and law degrees from The University of Alabama. He is a member of the Alabama State Bar and the United States Supreme Court Bar and is a Chartered Property Casualty Underwriter.

Frank O'Neil

Mr. Frank B. O'Neil is Senior Vice President, Chief Communications Officer of the Company. Mr. O’Neil has previously served as our Senior Vice President of Corporate Communications, having joined our predecessor in 1987.

Kelly Brewer

Ms. Kelly B. Brewer is Chief Accounting Officer, Vice President of the Company. Prior to joining ProAssurance, Ms. Brewer was a Senior Manager for PricewaterhouseCoopers for four years. Prior to that time Ms. Brewer served financial services clients in audit and forensic accounting engagements for five years. Ms. Brewer is a Certified Public Accountant.

Howard Friedman

Mr. Howard H. Friedman is President of Healthcare Professional Liability Group, a subsidiary of the Company. Mr. Friedman has previously served as a Co-President of our Professional Liability Group, Chief Financial Officer, Corporate Secretary, and as the Senior Vice President of Corporate Development. Mr. Friedman joined our predecessor in 1996. Mr. Friedman is an Associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

Robert Flowers

Dr. Robert E. Flowers, M.D., is Lead Independent Director of the Company. Prior to June 2001, Dr. Flowers served as a director of our insurance subsidiary, ProAssurance Indemnity Company, Inc. (formerly, The Medical Assurance Company, Inc.) from 1985 to 2001, and as a director of its former holding company, Medical Assurance, Inc. (1995-2001). Dr. Flowers practiced as a physician with Gynecology Associates of Dothan P.C., Dothan, Alabama, prior to his retirement in 2001.

Katisha Vance

Bruce Angiolillo

Mr. Bruce D. Angiolillo, Esq., is Independent Directorof the Company. He is a retired partner of Simpson Thacher & Bartlett LLP, New York, New York. Mr. Angiolillo joined Simpson Thacher in 1980 and developed a practice in the areas of securities and other complex commercial litigation before his retirement on December 31, 2014. Following his retirement at Simpson Thacher, Mr. Angiolillo was employed from January 1, 2015 until June 30, 2015, as general counsel for TK Holdings, Inc., which is a subsidiary of Takata Corporation, a global automotive parts manufacturer and supplier based in Auburn Hills, Michigan.

Samuel Di Piazza

Mr. Samuel A. Di Piazza, Jr., is Independent Director of the Company. Mr. Di Piazza is a member of the Board of Trustees of Mayo Clinic and was appointed its Chairman in February 2014. Mr. Di Piazza served as Vice Chairman of the Institutional Clients Group of Citibank from 2011 until his retirement from Citibank in February, 2014. Prior to his service with Citibank, Mr. Di Piazza was a partner with PricewaterhouseCoopers LLP (and its predecessor, Coopers & Lybrand) for thirty years. During his tenure at PricewaterhouseCoopers LLP he served as the Global Chief Executive Officer of PricewaterhouseCoopers International Limited from 2002 to 2009. He also served as Chairman and Senior Partner at PricewaterhouseCoopers US, was a member of the firm’s Global Leadership Team, led the firm’s US and American Tax Practices, and led the local offices in Chicago, New York City, and Birmingham, Alabama. Mr. Di Piazza serves as a director for DIRECTV (NASDAQ: DTV), a public satellite provider of entertainment programming.

Magnus Gorrie

Mr. Magnus James Gorrie is Independent Director of the Company. Mr. Gorrie is the President and Chief Executive Officer of Brasfield & Gorrie, Inc. in Birmingham, Alabama, a construction firm with recent annual revenues in excess of $2 billion. He holds a B.S. in Building Science from Auburn University and serves as a Director of First Commercial Bank (a division of Synovus Bank, one of the largest community banks in the Southeast) and Energen Corporation (NYSE: EGN) in Birmingham, a public oil and gas exploration and production company.

Ziad Haydar

Dr. Ziad R. Haydar, M.D. is Independent director of the Company. He is Senior Vice President and Chief Clinical Officer of Ascension Health in St. Louis Missouri. Ascension Health is the largest not-for-profit and largest Catholic health system in the United States. Dr. Haydar began his tenure at Ascension Health in 2010 as its Vice President Clinical Excellence and Physician Integration until he was promoted to Vice President and Chief Medical Officer in 2011 until his appointment to his current position in July 2015. Prior to 2010, Dr. Haydar was an executive with Baylor Health Care System in Dallas Texas. Dr. Haydar received his M.D. degree from American University in Beirut, trained in Family Medicine at the Medical University of South Carolina, and completed a fellowship in Geriatrics and Gerontology at Johns Hopkins University School of Medicine.

John McMahon

Mr. John J. McMahon, Jr., Esq., is Independent Director of the Company. Mr. McMahon has served as Chairman of Ligon Industries, a manufacturer of waste water treatment equipment, aluminum castings and hydraulic cylinders, following his service as Chairman of the executive committee of McWane, Inc. in Birmingham, Alabama, from 1999 until December 31, 2005. Mr. McMahon formerly served as a director of Protective Life Corporation Protective Life Corporation, a public insurance holding company until its sale in February 2015 and also director of Alabama National BanCorporation and John H. Harland Company.

Frank Spinosa

Dr. Frank A. Spinosa is Independent Director of the Company. Dr. Spinosa is a board-certified podiatrist and is a partner and founder of Shelter Island Podiatry Associates in Shelter Island, New York. Dr. Spinosa serves as a member of the Board of Trustees of the American Podiatric Medical Association and is its Immediate Past President. Dr. Spinosa is also a past president of the New York State Podiatric Medical Association. He has taught as an Associate Professor of Radiology at the New York College of Podiatric Medicine.

Thomas Wilson

Mr. Thomas A.S. Wilson, Jr., M.D., is Independent Director of the Company. Dr. Wilson is a board-certified neurosurgeon with Neurosurgical Associates, P.C., in Birmingham, Alabama. He holds a B.S. in natural science and mathematics from Washington & Lee University and an M.D. from Vanderbilt University. He completed an internship in general surgery and a residency in neurosurgery at Bowman Gray School of Medicine, Wake Forest University.

Basic Compensation

Name Fiscal Year Total

William Starnes

3,972,250

Edward Rand

1,832,610

Michael Boguski

1,866,210

Mary Peterson

1,869,990

Ross Taubman

1,229,720

Jeffrey Lisenby

1,453,560

Frank O'Neil

--

Kelly Brewer

--

Howard Friedman

1,851,420

Robert Flowers

141,950

Katisha Vance

--

Bruce Angiolillo

101,124

Samuel Di Piazza

146,950

Magnus Gorrie

111,950

Ziad Haydar

112,457

John McMahon

126,450

Frank Spinosa

136,457

Thomas Wilson

140,450
As Of  30 Dec 2016