People: Assured Guaranty Ltd (AGO)
AGO on New York Consolidated
23.84USD
21 May 2013
23.84USD
21 May 2013
Price Change (% chg)
$-0.27 (-1.12%)
$-0.27 (-1.12%)
Prev Close
$23.95
$23.95
Open
$24.14
$24.14
Day's High
$24.30
$24.30
Day's Low
$23.74
$23.74
Volume
1,442,223
1,442,223
Avg. Vol
1,946,341
1,946,341
52-wk High
$24.73
$24.73
52-wk Low
$11.17
$11.17
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Anthony Monro-Davies |
72 | 2013 | Chairman of the Board |
Dominic Frederico |
60 | 2009 | Deputy Chairman of the Board, President, Chief Executive Officer |
Robert Bailenson |
46 | 2011 | Chief Financial Officer |
Robert Mills |
63 | 2011 | Chief Operating Officer |
Howard Albert |
53 | 2011 | Chief Risk Officer |
James Michener |
60 | 2004 | General Counsel, Secretary |
Bruce Stern |
58 | 2011 | Executive Officer |
Russell Brewer |
55 | 2011 | Chief Surveillance Officer |
Wilbur Ross |
75 | 2008 | Director |
Neil Baron |
69 | 2004 | Independent Director |
Francisco Borges |
61 | 2007 | Independent Director |
G. Lawrence Buhl |
66 | 2004 | Independent Director |
Stephen Cozen |
73 | 2004 | Independent Director |
Bonnie Howard |
59 | 2012 | Independent Director |
Patrick Kenny |
70 | 2004 | Independent Director |
Simon Leathes |
62 | 2013 | Independent Director |
Michael O'Kane |
67 | 2005 | Independent Director |
Robert Tucker |
Managing Director |
Biographies
| Name | Description |
|---|---|
Anthony Monro-Davies |
Mr. Anthony Robin Dominic Monro-Davies is Chairman of the Board of Assured Guaranty Ltd. From 1997 until his retirement in 2001, Mr. Monro-Davies was Chief Executive Officer of Fitch Ratings. He is a director of HSBC Bank PLC, NB Distressed Debt and The Ukraine Opportunity Trust PLC. Mr. Monro-Davies has been a director of AXA UK PLC, North American Banks Fund and European Equity Tranche Income Fund. Mr. Monro-Davies is also an independent director of UK insurance subsidiaries. |
Dominic Frederico |
Mr. Dominic J. Frederico is Deputy Chairman of the Board, President, Chief Executive Officer of Assured Guaranty Ltd. He has been President and Chief Executive Officer of AGL since December 2003. Mr. Frederico served as Vice Chairman of ACE Limited from June 2003 until April 2004 and served as Presidof ACE Limited and Chairman of ACE INA Holdings, Inc. from November 1999 to June 2003. Mr. Frederico was a director of ACE Limited from 2001 until his retirement from that board in May 2005. Mr. Frederico has also served as Chairman, President and Chief Executive Officer of ACE INA Holdings, Inc. from May 1999 through November 1999. Mr. Frederico previously served as President of ACE Bermuda Insurance Ltd. from July 1997 to May 1999, Executive Vice President, Underwriting from December 1996 to July 1997, and as Executive Vice President, Financial Lines from January 1995 to December 1996. Prior to joining ACE Limited, Mr. Frederico spent 13 years working for various subsidiaries of American International Group ("AIG"). Mr. Frederico completed his employment at AIG after serving as Senior Vice President and Chief Financial Officer of AIG Risk Management. Before that, Mr. Frederico was Executive Vice President and Chief Financial Officer of UNAT, a wholly owned subsidiary of AIG headquartered in Paris, France. ent and Chief Operating Officer. |
Robert Bailenson |
Mr. Robert A. Bailenson is Chief Financial Officer of Assured Guaranty Ltd. Mr. Bailenson has been with Assured Guaranty and its predecessor companies since 1990. Mr. Bailenson became Chief Accounting Officer of AGM in July 2009 and has been Chief Accounting Officer of AGL since May 2005 and Chief Accounting Officer of AGC since 2003. He was Chief Financial Officer and Treasurer of AG Re from 1999 until 2003 and was previously the Assistant Controller of Capital Re Corp., the Company's predecessor. |
Robert Mills |
Mr. Robert B. Mills is Chief Operating Officer of Assured Guaranty Ltd. Mr. Mills was Chief Financial Officer of AGL from January 2004 until June 2011. Prior to joining Assured Guaranty, Mr. Mills was Managing Director and Chief Financial Officer—Americas of UBS AG and UBS Investment Bank from April 1994 to January 2004, where he was also a member of the Investment Bank Board of Directors. Previously, Mr. Mills was with KPMG from 1971 to 1994, where his responsibilities included being partner-in-charge of the Investment Banking and Capital Markets practice. |
Howard Albert |
Mr. Howard W. Albert is Chief Risk Officer of Assured Guaranty Ltd. Prior to that, he was Chief Credit Officer of AGL from 2004 to April 2011. Mr. Albert joined Assured Guaranty in September 1999 as Chief Underwriting Officer of Capital Re Company, the predecessor to AGC. Before joining Assured Guaranty, he was a Senior Vice President with Rothschild Inc. from February 1997 to August 1999. Prior to that, he spent eight years at Financial Guaranty Insurance Company from May 1989 to February 1997, where he was responsible for underwriting guaranties of asset-backed securities and international infrastructure transactions. Prior to that, he was employed by Prudential Capital, an investment arm of The Prudential Insurance Company of America, from September 1984 to April 1989, where he underwrote investments in asset-backed securities, corporate loans and project financings. |
James Michener |
Mr. James M. Michener is General Counsel, Secretary of Assured Guaranty Ltd. Prior to joining Assured Guaranty, Mr. Michener was General Counsel and Secretary of Travelers Property Casualty Corp. from January 2002 to February 2004. From April 2001 to January 2002, Mr. Michener served as general counsel of Citigroup's Emerging Markets business. Prior to joining Citigroup's Emerging Markets business, Mr. Michener was General Counsel of Travelers Insurance from April 2000 to April 2001 and General Counsel of Travelers Property Casualty Corp. from May 1996 to April 2000. |
Bruce Stern |
Mr. Bruce E. Stern is Executive Officer of Assured Guaranty Ltd. He has been Executive Officer of AGC and AGM since July 2009. Mr. Stern was General Counsel, Managing Director, Secretary and Executive Management Committee member of AGM from 1987 until July 2009. Prior to joining AGM, Mr. Stern was an associate at the New York office of Cravath, Swaine & Moore. Mr. Stern has served as Chairman of the Association of Financial Guaranty Insurers since April 2010. |
Russell Brewer |
Mr. Russell B. Brewer II is Chief Surveillance Officer of Assured Guaranty Ltd. He has been Chief Surveillance Officer of AGC and AGM since July 2009. Mr. Brewer has been with AGM since 1986. Mr. Brewer was Chief Risk Management Officer of AGM from September 2003 until July 2009 and Chief Underwriting Officer of AGM from September 1990 until September 2003. Mr. Brewer was also a member of the Executive Management Committee of AGM. He was a Managing Director of AGMH from May 1999 until July 2009. From March 1989 to August 1990, Mr. Brewer was Managing Director, Asset Finance Group, of AGM. Prior to joining AGM, Mr. Brewer was an Associate Director of Moody's Investors Service, Inc. |
Wilbur Ross |
Mr. Wilbur L. Ross, Jr., is Director of Assured Guaranty Ltd. Mr. Ross, Chairman and CEO of WL Ross & Co. LLC, may be one of the private equity investors in the U.S. His private equity funds bought Bethlehem Steel and several other bankrupt producers and revitalized them into the U.S. producer before merging them into Mittal Steel for $4.5 billion. Mr. Ross remains a Director of what is now ArcelorMittal, the world's steel company. He also created and chairs International Textile Group, the most global American company in that industry; International Auto Components Group, a $4.5 billion producer of instrument panels and other interior components, operating in 17 countries; and Compagnie Europeenne de Wagons Sarl, the rail car leasing company in Europe. He also chaired International Coal Group, which was sold to Arch Coal for $3.4 billion. He is a member of the boards of directors of the following public companies: Air Lease Corporation, EXCO Resources, Inc., BankUnited, Inc., Greenbrier Companies, Inc., PLASCAR, Sun Bancorp and Navigator Holdings. Mr. Ross was previously a director of Mittal Steel Co. N.V., a director of International Steel Group, a director of Montpelier Re Holdings Ltd., and a director of Syms Corp., among others. Mr. Ross was Executive Managing Director of Rothschild Inc. for 24 years before acquiring that firm's private equity partnerships in 2000. Mr. Ross is a graduate of Yale University and of Harvard Business School (with distinction). |
Neil Baron |
Mr. Neil Baron is Independent Director of the Assured Guaranty Ltd. He became a director of AGL upon completion of the companies IPO. Mr. Baron was Chairman of Criterion Research Group, LLC, an independent securities research firm from March 2002 through February 2006, at which time this firm was acquired. He was Vice Chairman and General Counsel of Fitch Ratings, a nationally recognized statistical ratings organization, from April 1989 to August 1998. Prior to joining Fitch Ratings, Mr. Baron was in private practice for more than 20 years, including at the law firm of Booth & Baron, specializing in structured finance and rating agency matters. |
Francisco Borges |
Mr. Francisco L. Borges is Independent Director of Assured Guaranty Ltd. He is Chairman of Landmark Partners, Inc, an alternative investment management firm where he has been employed since 1999. Prior to joining Landmark, Mr. Borges was managing director of GE Capital's Financial Guaranty Insurance Company and capital markets subsidiaries. Mr. Borges is a former Treasurer for the State of Connecticut and a former Deputy Mayor of the City of Hartford, Connecticut. Mr. Borges serves on the board of directors for Connecticut Public Television, the University of Connecticut Health Center and the Knight Foundation. He is also a member of the board of directors of Davis Selected Funds. |
G. Lawrence Buhl |
Mr. G. Lawrence Buhl, CPA, is Independent Director of the Assured Guaranty Ltd. He became a director of AGL upon completion of the companies IPO. He was a partner of Ernst & Young LLP and its predecessors through 2003. During his 35-year accounting career, Mr. Buhl served as the Regional Director for Insurance Services in Ernst & Young's Philadelphia, New York and Baltimore offices and as audit engagement partner for more than 40 insurance companies, including those in the financial guaranty industry. Mr. Buhl also serves as a director for Harleysville Group, Inc. (NASDAQ: HGIC) and its majority shareholder, Harleysville Mutual Insurance Company, and is chair of each company's audit committee and also serves on their executive/strategy and risk committees. Mr. Buhl is also a member of the Board of Sponsors of the Sellinger School of Business and Management of Loyola University Maryland. |
Stephen Cozen |
Mr. Stephen A. Cozen, Esq., is Independent Director of Assured Guaranty Ltd. Mr. Cozen is the founder and Chairman of Cozen O'Connor, an internationally-recognized law firm with its home office in Philadelphia, Pennsylvania. Mr. Cozen is a fellow in the American College of Trial Lawyers and the International Academy of Trial Lawyers. Mr. Cozen is a director of Franklin Square Partners and also serves on numerous educational and philanthropic boards, including the University of Pennsylvania's Law School Board of Overseers and the Board of Councilors of the University of Southern California (Shoah Foundation Institute). Mr. Cozen was a director of Global Indemnity Ltd. from 2004 until 2010 and reassumed that position in 2012. |
Bonnie Howard |
Ms. Bonnie L. Howard is Independent Director of Assured Guaranty Ltd. Ms. Howard became a director of AGL in August 2012. Ms. Howard has more than 30 years of experience in auditing and risk management. She worked at Citigroup, Inc. from 2003 to 2011, serving as Chief Auditor and Global Head of Control and Emerging Risk from 2010 to 2011, a team of over 1,500 professionals covering $1.9 trillion of assets in over 100 countries, until her retirement in 2011. She was previously Managing Director of Capital Markets Audit at Fleet Boston Financial and a Managing Director at JPMorgan in the roles of Deputy Auditor and head of Global Markets Operational Risk Management. Ms. Howard is a certified public accountant in the United States and has over a decade of experience with KPMG and Ernst and Young. Ms. Howard currently serves on the board of directors of the YWCA of New York City, where she is a member of the Executive Committee and co-chairs the Finance and Investment Committees. She is a graduate of the University of Missouri. |
Patrick Kenny |
Mr. Patrick W. Kenny is Independent Director of the Assured Guaranty Ltd. He became a director of AGL upon completion of the company's IPO. He served as the President and Chief Executive Officer of the International Insurance Society in New York, an organization dedicated to fostering the exchange of ideas through a program of international seminars and sponsored research, from 2001 to 2009. From 1998 to 2001, Mr. Kenny served as executive vice president of Frontier Insurance Group, Inc. From 1995 to 1998, Mr. Kenny served as senior vice president of SS&C Technologies. From 1988 to 1994, Mr. Kenny served as Group Executive, Finance & Administration and Chief Financial Officer of Aetna Life & Casualty. Mr. Kenny serves on the board of directors of several ING mutual funds. Until December 2009, Mr. Kenny was a director and member of the Audit and the Compensation Committees of Odyssey Re Holdings Corp. Mr. Kenny was also a director of the Independent Order of Foresters from 1997 to 2009. |
Simon Leathes |
Mr. Simon W. Leathes is Independent Director of Assured Guaranty Ltd. Mr. Leathes became an independent, non-executive director of Assured Guaranty (Europe) Ltd. and Assured Guaranty (UK) Ltd. in January 2012. He served as Vice Chairman and Managing Director of Barclays Capital from January 2001 until his retirement in December 2006. |
Michael O'Kane |
Mr. Michael T. O'Kane is Independent Director of the Assured Guaranty Ltd. Until his retirement in August 2004, Mr. O'Kane was employed at TIAA-CREF (financial products) in a number of different capacities since 1986, most recently as Senior Managing Director, Securities Division. Since 2006, Mr. O'Kane has been a director of Jefferies Group, Inc., where he serves on the audit, compensation and governance committees. |
Robert Tucker |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Anthony Monro-Davies |
-- |
Dominic Frederico |
13,363,700 |
Robert Bailenson |
2,110,910 |
Robert Mills |
2,427,990 |
Howard Albert |
-- |
James Michener |
3,390,880 |
Bruce Stern |
-- |
Russell Brewer |
1,956,870 |
Wilbur Ross |
-- |
Neil Baron |
-- |
Francisco Borges |
-- |
G. Lawrence Buhl |
-- |
Stephen Cozen |
-- |
Bonnie Howard |
-- |
Patrick Kenny |
-- |
Simon Leathes |
-- |
Michael O'Kane |
-- |
Robert Tucker |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Anthony Monro-Davies |
0 | 0 |
Dominic Frederico |
977,500 | 8,782,500 |
Robert Bailenson |
0 | 0 |
Robert Mills |
240,000 | 400,800 |
Howard Albert |
0 | 0 |
James Michener |
160,000 | 267,200 |
Bruce Stern |
0 | 0 |
Russell Brewer |
0 | 0 |
Wilbur Ross |
0 | 0 |
Neil Baron |
0 | 0 |
Francisco Borges |
0 | 0 |
G. Lawrence Buhl |
0 | 0 |
Stephen Cozen |
0 | 0 |
Bonnie Howard |
0 | 0 |
Patrick Kenny |
0 | 0 |
Simon Leathes |
0 | 0 |
Michael O'Kane |
0 | 0 |
Robert Tucker |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
O KANE MICHAEL T |
4,310 | $0.00 |
MONRO DAVIES ROBIN |
4,310 | $0.00 |
BARON NEIL |
4,310 | $0.00 |
HOWARD BONNIE L |
4,310 | $0.00 |
COZEN STEPHEN A |
4,310 | $0.00 |
BUHL G LAWRENCE |
4,310 | $0.00 |
BORGES FRANCISCO L |
8,621 | $0.00 |
ROSS WILBUR LOUIS JR |
4,310 | $0.00 |
KENNY PATRICK W |
5,172 | $0.00 |
LEATHES SIMON W |
4,310 | $0.00 |
KENNY PATRICK W |
125 | $20.24 |
BAILENSON ROBERT A |
116 | $20.24 |
BORGES FRANCISCO L |
32 | $20.24 |
FREDERICO DOMINIC J |
672 | $20.24 |
MONRO DAVIES ROBIN |
77 | $20.24 |
ALBERT HOWARD |
91 | $20.24 |
BARON NEIL |
92 | $20.24 |
MICHENER JAMES M |
155 | $20.24 |
COZEN STEPHEN A |
73 | $20.24 |
STERN BRUCE E |
129 | $20.24 |
SCOTT WALTER ALFRED |
122 | $20.24 |
BREWER RUSSELL B II |
129 | $20.24 |
MILLS ROBERT B |
142 | $20.24 |
O KANE MICHAEL T |
77 | $20.24 |
BUHL G LAWRENCE |
73 | $20.24 |

