People: Allied World Assurance Holdings Ltd (AWH)
AWH on New York Consolidated
44.54USD
9 Feb 2010
44.54USD
9 Feb 2010
Price Change (% chg)
$0.11 (+0.25%)
$0.11 (+0.25%)
Prev Close
$44.54
$44.54
Open
--
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Day's High
$44.93
$44.93
Day's Low
$44.39
$44.39
Volume
292,532
292,532
Avg. Vol
266,435
266,435
52-wk High
$49.76
$49.76
52-wk Low
$32.23
$32.23
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Carmilani, Scott | 44 | 2008 | Chairman of the Board, President, Chief Executive Officer |
| Friedman, Bart | 64 | 2008 | Deputy Chairman of the Board, Lead Independent Director |
| Dillard, Joan | 57 | 2009 | Chief Financial Officer, Executive Vice President |
| Jodoin, Richard | 57 | 2008 | Vice Chairman of Allied World Assurance Co. (U.S.) Inc. and Allied World National Assurance Co. |
| Redmond, John | 51 | President of Allied World Assurance Co (Europe) Ltd and Allied World Assurance Co (Reinsurance) Ltd | |
| Knight, W. Gordon | 49 | 2008 | President of Allied World Assurance Company (U.S.) Inc. and Allied World National Assurance Company |
| Bender, John | 2009 | President of Allied World Reinsurance Company | |
| Dupont, Wesley | 40 | 2009 | Executive Vice President, General Counsel, Corporate Secretary |
| Bowden, Bobby | Executive Vice President - U.S. Business Development and Marketing | ||
| Grossack, Marshall | 49 | 2009 | Executive Vice President, Chief Corporate Actuary |
| McKevitt, Thomas | 2009 | Executive Vice President, Bermuda Reinsurance | |
| Sennott, Jack | 2009 | Executive Vice President, Chief Corporate Strategy Officer | |
| Gauthier, John | 47 | 2008 | Senior Vice President and Chief Investment Officer of Newmarket Services Company, Inc. |
| Duffy, James | 65 | 2006 | Director |
| De Saint-Aignan, Patrick | 60 | 2008 | Director |
| Alexander, Barbara | 61 | 2009 | Director |
| Hunter, Scott | 57 | 2006 | Independent Director |
| Patterson, Mark | 57 | 2006 | Independent Director |
| Weinhoff, Samuel | 58 | 2006 | Independent Director |
Biographies
| Name | Description |
|---|---|
| Carmilani, Scott | Mr. Scott A. Carmilani was elected President and Chief Executive Officer of Allied World Assurance Company Holdings, Ltd in January 2004, became a director in September 2003 and was appointed Chairman of the Board in January 2008. Mr. Carmilani was, prior to joining the Company as Executive Vice President in February 2002, the President of the Mergers & Acquisition Insurance Division of subsidiaries of American International Group, Inc. (“AIG”) and responsible for the management, marketing and underwriting of transactional insurance products for clients engaged in mergers, acquisitions or divestitures. Mr. Carmilani was previously the Regional Vice-President overseeing the New York general insurance operations of AIG. Before that he was the Divisional President of the Middle Market Division of National Union Fire Insurance Company of Pittsburgh, Pa., which underwrites directors and officers liability, employment practice liability and fidelity insurance for middle-market-sized companies. Prior to joining the Company, he held a succession of underwriting and management positions with subsidiaries of AIG since 1987. |
| Friedman, Bart | Mr. Bart Friedman was appointed to the Board of Allied World Assurance Company Holdings, Ltd in March 2006, was elected Deputy Chairman of the Board in July 2006 and was appointed Lead Independent Director of the Board in January 2008. Mr. Friedman has been a partner at Cahill Gordon & Reindel LLP, a New York law firm, since 1980. Mr. Friedman specializes in corporate governance, special committees and director representation. Mr. Friedman worked early in his career at the SEC. Mr. Friedman is currently a member of the board of directors of Sanford Bernstein Mutual Funds, where he is a member of the Audit Committee and the Nominating and Governance Committee. |
| Dillard, Joan | Ms. Joan H. Dillard, CMA, has been appointed as Executive Vice President of Allied World Assurance Company Holdings, Ltd. She serves as Chief Financial Officer of Allied World Assurance Company Holdings, Ltd. She served as Senior Vice President of Allied World Assurance Company Holdings, Ltd Untill Oct. 21, 2009. In April 2003, Ms. Dillard began working for American International Company Limited, a subsidiary of AIG, and began providing accounting services to the Company pursuant to a former administrative services contract with American International Company Limited. Through that contract, Ms. Dillard served as the Company's Vice President and Chief Accounting Officer until November 30, 2005. As of December 1, 2005, Ms. Dillard became an employee of the Company. From August 2001 until December 2002, Ms. Dillard served as the Chief Financial Officer of Worldinsure Ltd., an insurance technology provider. From May 2000 until April 2001, Ms. Dillard served as the Chief Operating Officer and Chief Financial Officer of CICcorp Inc., a medical equipment service provider. From March 1998 until May 2000, Ms. Dillard served as the Chief Financial Officer of ESG Re Limited, based in Hamburg, Germany, and from 1993 until 1998, Ms. Dillard worked for TIG Holdings, Inc. and served as the Chief Financial Officer of TIG Retail Insurance and later as the Senior Vice President of Alternative Distribution. Prior to that, Ms. Dillard served in various senior financial positions at both USF&G Corporation and American General Corporation. Ms. Dillard is currently a member of the board of directors of RAM Holdings Ltd. where she is a member of the Compensation Committee. |
| Jodoin, Richard | Mr. Richard E. Jodoin has been the Vice Chairman of Allied World Assurance Company (U.S.) Inc. and Allied World National Assurance Company since May 2008. From July 2002 to May 2008, Mr. Jodoin served as the President of each of these companies. Since December 2006, he has also served as the President of Newmarket Administrative Services, Inc. Prior to joining the Company, Mr. Jodoin was employed by the Lexington Insurance Company in various positions for 17 years and served as Executive Vice President from 1994 until July 2002. |
| Redmond, John | John T. Redmond is the President of Allied World Assurance Company (Europe) Limited and Allied World Assurance Company (Reinsurance) Limited. He has served as director of both Allied World Assurance Company (Europe) Limited and Allied World Assurance Company (Reinsurance) Limited since September 2002 and July 2003, respectively. Mr. Redmond joined the Company in July 2002. Prior to joining the Company, Mr. Redmond held various positions with Chubb, and served as a Senior Vice President of Chubb from 1993 until July 2002. |
| Knight, W. Gordon | Mr. W. Gordon Knight has been President of Allied World Assurance Company (U.S.) Inc. and Allied World National Assurance Company since May 2008. He joined Allied World National Assurance Company as President, U.S. Operations, Distribution and Marketing in January 2008. Prior to joining the Company, Mr. Knight was the President of Sales & Marketing for AIG Domestic Brokerage Group from 2005 to January 2008. Prior to that, he was President of AIG WorldSource since 2000. Mr. Knight was also the Executive Vice President of Regional Operations for Commercial Lines for American International Underwriters, Japan and held various other senior management positions during his 26 years at AIG. |
| Bender, John | |
| Dupont, Wesley | Mr. Wesley D. Dupont has been appointed as Executive Vice President of Allied World Assurance Company Holdings, Ltd. He serves as General Counsel and Corporate Secretary of Allied World Assurance Company Holdings, Ltd. He served as Senior Vice President of Allied World Assurance Company Holdings, Ltd Untill Oct. 21, 2009. In November 2003, Mr. Dupont began working for American International Company Limited, a subsidiary of AIG, and began providing legal services to the Company pursuant to a former administrative services contract with American International Company Limited. Through that contract, Mr. Dupont served as Senior Vice President, General Counsel and Secretary from April 2004 until November 30, 2005. As of December 1, 2005, Mr. Dupont became an employee of the Company. Prior to joining American International Company Limited, Mr. Dupont worked as an attorney at Paul, Hastings, Janofsky & Walker LLP, a large international law firm, where he specialized in general corporate and securities law. From April 2000 to July 2002, Mr. Dupont was a Managing Director and the General Counsel for Fano Securities, LLC, a specialized securities brokerage firm. Prior to that, Mr. Dupont worked as an attorney at Kelley Drye & Warren LLP, another large international law firm, where he also specialized in general corporate and securities law. |
| Bowden, Bobby | |
| Grossack, Marshall | Mr. Marshall J. Grossack has been appointed as Executive Vice President of Allied World Assurance Company Holdings, Ltd. He served as Senior Vice President untill Oct. 21, 2009. He serves as Chief Corporate Actuary of Allied World Assurance Company Holdings, Ltd since July 2004. From June 2002 until July 2004, Mr. Grossack was a Vice President and Actuary for American International Company Limited, a subsidiary of AIG, and provided services to the Company pursuant to a former administrative services contract with American International Company Limited. From June 1999 until June 2002, Mr. Grossack worked as the Southwest Region Regional Actuary for subsidiaries of AIG in Dallas, Texas. |
| McKevitt, Thomas | |
| Sennott, Jack | |
| Gauthier, John | Mr. John J. Gauthier, CFA, has been the Senior Vice President and Chief Investment Officer of Newmarket Services Company, Inc., a subsidiary of the Company, since October 2008 and oversees the management of the Company’s investment portfolio. Previous to joining the company, Mr. Gauthier was Global Head of Insurance Fixed Income Portfolio Management at Goldman Sachs Asset Management from February 2005 to September 2008. Prior to that position, from 1997 to January 2005 he was Managing Director and Portfolio Manager at Conning Asset Management where he oversaw investment strategy for all property and casualty insurance company clients. Mr. Gauthier also served as Vice President at General Reinsurance/New England Asset Management, as well as a Portfolio Manager at General Reinsurance. |
| Duffy, James | Mr. James F. Duffy was appointed to the Board of Allied World Assurance Company Holdings, Ltd in July 2006. Mr. Duffy retired in 2002 as Chairman and Chief Executive Officer of The St. Paul Reinsurance Group, where he originally served from 1993 until 2000 as President and Chief Operating Officer of global reinsurance operations. Prior to this, Mr. Duffy served as an executive vice president of The St. Paul Companies from 1984 to 1993, and as President and Chief Operating Officer of St. Paul Surplus Lines Insurance Company from 1980 until 1984. Mr. Duffy had 15 years prior experience in insurance underwriting with Employers Surplus Lines Insurance Company, First State Insurance Company and New England Re. |
| De Saint-Aignan, Patrick | Mr. Patrick De Saint-Aignan was appointed to the Board of Allied World Assurance Company Holdings, Ltd in August 2008. Mr. De Saint-Aignan has held multiple positions at Morgan Stanley internationally from 1974 to 2008, where he was a Managing Director and, most recently, an Advisory Director. He held responsibilities in corporate finance and capital markets and headed successively Morgan Stanley’s global fixed income derivatives and debt capital markets activities, its office in Paris, France, and the firm-wide risk management function. He was also a Founder, Director and Chairman of the International Swaps and Derivatives Association (1985-1992), Censeur on the Supervisory Board of IXIS Corporate and Investment Bank (2005-2007) and a member of the board of directors of Bank of China Limited (2006-2008), where he was Chairman of the Audit Committee and a member of the Risk Policy Committee and the Personnel and Remuneration Committee. Mr. De Saint-Aignan is currently a member of the board of directors of State Street Corporation. |
| Alexander, Barbara | Ms. Barbara T. Alexander is Director of Allied World Assurance Company Holdings, Ltd. Ms. Alexander has been an independent consultant since January 2004. Prior to that, she was a Senior Advisor to UBS Warburg LLC and predecessor firms from October 1999 to January 2004, and Managing Director of the North American Construction and Furnishings Group in the Corporate Finance Department of UBS from 1992 to October 1999. From 1987 to 1992, Ms. Alexander was a Managing Director in the Corporate Finance Department of Salomon Brothers Inc. From 1972 to 1987, she held various positions at Salomon Brothers, Smith Barney, Investors Diversified Services, and Wachovia Bank and Trust Company. Ms. Alexander serves as a director of QUALCOMM Incorporated, Centex Corporation and Federal Home Loan Mortgage Corporation (Freddie Mac). Ms. Alexander was selected as one of seven Outstanding Directors in Corporate America in 2003 by Board Alert magazine and has been one of its five Director of the Year honorees for 2008 by the Forum for Corporate Directors. In addition, Ms. Alexander is an Executive Fellow at the Joint Center for Housing Studies at Harvard University, is past Chairman of the Board of the Joint Center and is a member of the Board's Executive Committee. She has also been involved with HomeAid America, Habitat for Humanity International and the Covenant House. Ms. Alexander holds Bachelor of Science and Master of Science degrees in theoretical mathematics from the University of Arkansas, Fayetteville. |
| Hunter, Scott | Mr. Scott Hunter was appointed to the Board of Allied World Assurance Company Holdings, Ltd in March 2006. Mr. Hunter has served as an independent consultant to Bermuda’s financial services industry since 2002. From 1986 until 2002, Mr. Hunter was a partner at Arthur Andersen Bermuda, whose clients included numerous insurance and reinsurance companies. |
| Patterson, Mark | Mr. Mark R. Patterson was appointed to the Board of Allied World Assurance Company Holdings, Ltd in March 2006. Since 2002, Mr. Patterson has served as Chairman of MatlinPatterson Asset Management, which manages distressed investment funds. From 1994 until 2002, Mr. Patterson was a Managing Director of Credit Suisse First Boston Corporation, where he served as Vice Chairman from 2000 to 2002. Mr. Patterson had 20 years prior experience in commercial and investment banking at Bankers Trust, Salomon Brothers and Scully Brothers & Foss. Mr. Patterson is currently a member of the board of directors of Broadpoint Securities Group, Inc., Polymer Group, Inc. and Flagstar Bancorp, Inc. |
| Weinhoff, Samuel | Mr. Samuel J. Weinhoff was appointed to the Board of Allied World Assurance Company Holdings, Ltd in July 2006. Mr. Weinhoff has served as a consultant to the insurance industry since 2000. Prior to this, Mr. Weinhoff was head of the Financial Institutions Group for Schroder & Co. from 1997 until 2000. He was also a Managing Director at Lehman Brothers, where he worked from 1985 to 1997. Mr. Weinhoff had ten years prior experience at Home Insurance Company and the Reliance Insurance Company in a variety of positions, including excess casualty reinsurance treaty underwriter, investment department analyst, and head of corporate planning and reporting. Mr. Weinhoff is currently a member of the board of directors of Infinity Property and Casualty Corporation where he is a member of both the Executive Committee and the Audit Committee, and of Inter-Atlantic Financial, Inc. where he is a member of both the Audit Committee and Nominating Committee. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Carmilani, Scott | 7,329,750 |
| Friedman, Bart | -- |
| Dillard, Joan | 2,662,920 |
| Jodoin, Richard | 1,346,940 |
| Redmond, John | 494,285 |
| Knight, W. Gordon | 4,066,370 |
| Bender, John | -- |
| Dupont, Wesley | 2,003,370 |
| Bowden, Bobby | -- |
| Grossack, Marshall | 1,571,430 |
| McKevitt, Thomas | -- |
| Sennott, Jack | -- |
| Gauthier, John | -- |
| Duffy, James | -- |
| De Saint-Aignan, Patrick | -- |
| Alexander, Barbara | -- |
| Hunter, Scott | -- |
| Patterson, Mark | -- |
| Weinhoff, Samuel | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Carmilani, Scott | 123,333 | 1,087,109 |
| Friedman, Bart | 0 | 0 |
| Dillard, Joan | 0 | 0 |
| Jodoin, Richard | 84,167 | 1,044,895 |
| Redmond, John | 17,500 | 118,749 |
| Knight, W. Gordon | 0 | 0 |
| Bender, John | 0 | 0 |
| Dupont, Wesley | 0 | 0 |
| Bowden, Bobby | 0 | 0 |
| Grossack, Marshall | 0 | 0 |
| McKevitt, Thomas | 0 | 0 |
| Sennott, Jack | 0 | 0 |
| Gauthier, John | 0 | 0 |
| Duffy, James | 0 | 0 |
| De Saint-Aignan, Patrick | 0 | 0 |
| Alexander, Barbara | 0 | 0 |
| Hunter, Scott | 0 | 0 |
| Patterson, Mark | 0 | 0 |
| Weinhoff, Samuel | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| DILLARD JOAN HELEN | 1,000 | $45.96 |
| REDMOND JOHN T | 7,500 | $48.25 |
| REDMOND JOHN T | 4,167 | $32.70 |
| REDMOND JOHN T | 3,333 | $29.52 |
| SENNOTT JOHN LANGTON JR | 1,000 | $48.25 |
| JODOIN RICHARD E | 22,500 | $24.27 |
| JODOIN RICHARD E | 7,444 | $48.23 |
| JODOIN RICHARD E | 11,250 | $48.24 |
| GAUTHIER JOHN J | 295 | $46.75 |
| DILLARD JOAN HELEN | 1,000 | $48.15 |
| REDMOND JOHN T | 2,000 | $47.00 |
| ALEXANDER STILES BARBARA T | 2,000 | $43.88 |
| REDMOND JOHN T | 2,000 | $45.00 |
| DILLARD JOAN HELEN | 5,000 | $45.00 |
| WEINHOFF SAMUEL J | 2,000 | $43.85 |
| WEINHOFF SAMUEL J | 1,980 | $43.76 |
| REDMOND JOHN T | 1,667 | $41.00 |
| REDMOND JOHN T | 1,667 | $23.61 |
| REDMOND JOHN T | 4,000 | $24.27 |
| REDMOND JOHN T | 4,000 | $40.00 |
| JODOIN RICHARD E | 3,500 | $37.23 |
| DE SAINT-AIGNAN PATRICK | 500 | $37.75 |
| DUPONT WESLEY D | 16,000 | $38.25 |
| CARMILANI SCOTT A | 30,608 | $35.11 |
| CARMILANI SCOTT A | 7,900 | $36.07 |





