People: Kingsway Financial Services Inc (KFS.N)

KFS.N on New York Stock Exchange

5.24USD
17 Apr 2014
Price Change (% chg)

$-0.01 (-0.19%)
Prev Close
$5.25
Open
$5.35
Day's High
$5.35
Day's Low
$5.24
Volume
1,207
Avg. Vol
4,066
52-wk High
$5.43
52-wk Low
$2.75

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Summary

Name Age Since Current Position

Terry Kavanagh

58 2013 Independent Chairman of the Board

Larry Swets

39 2013 President, Chief Executive Officer, Director

William Hickey

2011 Chief Financial Officer, Chief Operating Officer, Executive Vice President

Leonia Rodrigues

2011 President of Assigned Risk Solutions Ltd.

Gary Schaevitz

2014 Director

Gregory Hannon

58 2009 Independent Director

Joseph Stilwell

50 2009 Independent Director

Biographies

Name Description

Terry Kavanagh

Mr. Terry M. Kavanagh is Independent Chairman of the Board of Kingsway Financial Services Inc. He has, since 1997, served as President and a Director of Oakmont Capital Inc., a Toronto-based private investment company. Prior to co-founding Oakmont Capital, Mr. Kavanagh’s previous experience includes managing the Brentwood Pooled Investment Fund, a North American based investment fund, and managing a number of family-owned operating businesses in the real estate, property management and building services industries. Mr. Kavanagh was previously an investment banker in New York and Toronto with The First Boston Corporation and Lehman Brothers. He holds a Bachelor of Law degree from The University of Western Ontario, and an M.B.A. from the Tuck School of Business at Dartmouth College. Mr. Kavanagh brings extensive knowledge of the financial services industry to the Board.

Larry Swets

Mr. Larry G. Swets, Jr., is President, Chief Executive Officer, Director of Kingsway Financial Services Inc. He has been appointed to the position of Director of the Company with effect from September 16, 2013. Mr. Swets was appointed Executive Vice President, Corporate Development of KFSI in 2009. Prior to joining KFSI, Mr. Swets served as Managing Member for Itasca Financial LLC in from June 2005 until December 2009. Mr. Swets was Acting Chief Financial Officer of Risk Enterprise Management, Ltd. from November 2007 until December 2009, and Director Investments for Kemper Insurance between 1997 and 2005. Presently, Mr. Swets is also engaged as Managing Member of Fund Management Group, which position he has held since 2007.

William Hickey

Mr. William A. Hickey, Jr., is Chief Financial Officer, Chief Operating Officer, Executive Vice President of Kingsway Financial Services Inc. Prior to joining KFSI, he was a Managing Director with Macquaire Capital from 2009 to 2010. Previously, he was Managing Director, Chief Operating Officer and Chief Financial Officer for Fox-Pitt Kelton Cochran Caronia Waller (between 2007 and 2009) at the time of its merger with Macquarie on November 30, 2009. He was Executive Vice President and Chief Financial Officer of the Kemper Insurance Companies prior to joining Cochran Caronia Waller.

Leonia Rodrigues

Gary Schaevitz

Mr. Gary Schaevitz is a Director of the Company. Mr. Schaevitz, a meaningful shareholder of Kingsway, has over 40 years of experience in the financial markets, including asset management.

Gregory Hannon

Mr. Gregory P. Hannon is Independent Director of Kingsway Financial Services Inc. He has been a Vice-President and Director of Oakmont Capital Inc., a Toronto-based private investment company, since 1997. He previously was a founding partner of Lonrisk, a Toronto-based specialty insurer and subsidiary of the London Insurance Group, where he was the Vice-President. Prior to that, Mr. Hannon worked for the Continental Bank of Canada in commercial credit and as auditor for Arthur Andersen and Company, Chartered Accountants. Mr. Hannon received a Bachelor of Commerce degree from Queen’s University in 1978 and an M.B.A. from The Harvard Business School in 1987. Mr. Hannon brings to the Board entrepreneurial experience, as well as expertise in accounting, auditing and financial reporting.

Joseph Stilwell

Mr. Joseph Stilwell is Independent Director of Kingsway Financial Services Inc. He has acted as a private investment manager overseeing the Stilwell Group of funds since 1993. He has been a director of the Corporation since April 23, 2009. He was a director of American Physicians Capital, Inc., a Michigan based insurance carrier, from 2004 until October 2010, and he sat on the board of directors of SCPIE Holdings Inc., a California based insurance carrier, in 2007. Mr. Stilwell is a graduate from the Wharton School of the University of Pennsylvania with a Bachelor of Science in Economics. Mr. Stilwell brings substantial experience in investment research and analysis and equity transactions to the Board.

Basic Compensation

Name Fiscal Year Total

Terry Kavanagh

--

Larry Swets

645,258

William Hickey

313,401

Leonia Rodrigues

451,485

Gary Schaevitz

--

Gregory Hannon

--

Joseph Stilwell

--
As Of 30 Dec 2012

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