People: Montpelier Re Holdings Ltd (MRH)
MRH on New York Consolidated
24.91USD
17 May 2013
24.91USD
17 May 2013
Price Change (% chg)
$-0.73 (-2.85%)
$-0.73 (-2.85%)
Prev Close
$25.64
$25.64
Open
$25.65
$25.65
Day's High
$25.76
$25.76
Day's Low
$24.86
$24.86
Volume
580,474
580,474
Avg. Vol
300,442
300,442
52-wk High
$27.50
$27.50
52-wk Low
$19.89
$19.89
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Anthony Taylor |
67 | 2010 | Non-Executive Independent Chairman of the Board |
Christopher Harris |
43 | 2008 | President, Chief Executive Officer, Director |
Michael Paquette |
49 | 2008 | Chief Financial Officer, Executive Vice President |
Christopher Schaper |
48 | 2011 | President of Montpelier Re |
Thomas Busher |
57 | 2013 | Chief Operating Officer, Executive Vice President |
Timothy Aman |
46 | 2011 | Senior Vice President, Chief Risk Officer |
Jonathan Kim |
47 | 2004 | Senior Vice President, General Counsel, Secretary |
William Pollett |
45 | 2011 | Senior Vice President, Treasurer, Chief Corporate Development and Strategy Officer |
George Carbonar |
51 | 2012 | Vice President, Controller |
John Bruton |
65 | 2010 | Independent Director |
Heinrich Burgi |
63 | 2010 | Independent Director |
John Collins |
74 | 2007 | Independent Director |
Morgan Davis |
62 | 2006 | Independent Director |
Michael Eisenson |
57 | 2011 | Independent Director |
John Shettle |
58 | 2011 | Independent Director |
Candace Straight |
66 | 2006 | Independent Director |
Ian Winchester |
66 | 2007 | Independent Director |
Jeannine Menzies |
Corporate Affairs Manager |
Biographies
| Name | Description |
|---|---|
Anthony Taylor |
Mr. Anthony Taylor is Non-Executive Independent Chairman of the Board of Montpelier RE Holdings Ltd. He has also previously served as the Company’s President, Chief Executive Officer (“CEO”) and Executive Chairman. From 1983 to 1998, Mr. Taylor served as the Active Underwriter for Lloyd’s Syndicate Number 51 “A Taylor & Others”, a non-marine syndicate, which was managed initially by Willis Faber Agencies and later by Wellington Underwriting Agencies Limited (“Wellington Agencies”). From 1999 to 2001, Mr. Taylor was Chairman of Wellington Underwriting Inc., as well as Underwriting Director of Wellington Agencies. During 2001, Mr. Taylor was Chairman of Wellington Agencies and Deputy Chairman of Wellington Underwriting plc (“Wellington Underwriting”). Mr. Taylor is a Fellow of the Chartered Insurance Institute and has held various committee and board positions for the Lloyd’s market. From 2010 to 2012, Mr. Taylor served on the Board of Hardy Underwriting Bermuda Limited and during that same period he also served on the Board of CATCo Reinsurance Opportunities Fund Ltd. as Non-Executive Chairman. Mr. Taylor has more than forty-five years of experience in the global insurance and reinsurance industries and is an experienced public company executive and director. |
Christopher Harris |
Mr. Christopher L. Harris is President, Chief Executive Officer, Director of Montpelier Re Holdings Ltd. He was promoted to President on January 1, 2008 and became CEO on July 1, 2008. He originally joined the Company in 2002 as Chief Actuary and Senior Vice President (“SVP”) and was later named Chief Risk Officer in 2005 and Chief Underwriting and Risk Officer in 2006. Prior to joining the Company, from 2001 to 2002, Mr. Harris was employed by Allianz Risk Transfer, where he was Chief Actuary, North America. Prior to his employment with Allianz, Mr. Harris ran the actuarial consulting practice for KPMG Bermuda from 1998 to 2001. Mr. Harris is a Fellow of the Casualty Actuarial Society, a Chartered Property and Casualty Underwriter and a Chartered Financial Analyst and has experience in the global insurance and reinsurance industries, particularly in the areas of underwriting, actuarial, aggregate management and strategic and operational management. |
Michael Paquette |
Mr. Michael S. Paquette is Chief Financial Officer, Executive Vice President of Montpelier RE Holdings Ltd. He has held these positions since May 1, 2008. Prior to joining the Company in May 2007 as Controller and SVP, he spent eighteen years with White Mountains in various capacities, including Controller and SVP, and four years with KPMG as an auditor. Mr. Paquette assisted White Mountains in establishing the Company in 2001 and is a Certified Public Accountant (CPA), a Certified Management Accountant (CMA), a Certified Financial Manager (CFM) and a Chartered Global Management Accountant (CGMA). |
Christopher Schaper |
Mr. Christopher T. Schaper is President of Montpelier Re, a subsidiary of Montpelier RE holdings Ltd. He is responsible for the underwriting strategy, profitability and growth of Montpelier Re’s Bermuda-based businesses, including reinsurance and insurance accountability. Mr. Schaper has twenty-five years of experience within the insurance and reinsurance industry, most recently with Endurance Specialty Holdings Ltd. where he served from 2002-2011, first, for Endurance Bermuda as Head of Casualty Treaty until 2006 and then as Head of Reinsurance and Chief Underwriting Officer from 2006-2011. Mr. Schaper is a Chartered Property Casualty Underwriter (CPCU). |
Thomas Busher |
Mr. Thomas G.S. Busher resigned as the Chief Operating Officer, Executive Vice President of Montpelier Re Holdings Ltd. effective December 31, 2013 and as Deputy Chairman of the Board effective May 17, 2013. Mr. Busher also serves as the Company’s Head of European Operations and as Chairman of MUAL. From 1985 to 2000, he was employed by Wellington Underwriting, where he served as Director and Group Secretary and as Director and Secretary of Wellington Agencies. Mr. Busher also formerly served as Chairman of Lloyd’s Underwriting Agents Association and as a member of the Business Conduct Committee of Lloyd’s Regulatory Board and of Lloyd’s/FSA Liaison Committee. Mr. Busher is a Solicitor of the Supreme Court of England & Wales. He has strategic and operational as well compliance and regulatory management experience. |
Timothy Aman |
Mr. Timothy Paul Aman is Senior Vice President, Chief Risk Officer of Montpelier RE Holdings Ltd. Mr. Aman is responsible for the company risk management activities, including ceded reinsurance, catastrophe modelling, enterprise risk management and financial modelling. He joined the Company in August of 2007 as an SVP and Risk Management Officer, with nineteen years of insurance and reinsurance experience, including eleven years with Guy Carpenter & Company, LLC (“Guy Carpenter”). During his tenure as managing director at Guy Carpenter, Mr. Aman served as a senior reinsurance and retrocessional treaty broker and risk management advisor. From 1989 to 1996, he served in the International & Marine department at St. Paul Re and the actuarial department at CIGNA. He is a fellow of the Casualty Actuarial Society and is a member of the American Academy of Actuaries. |
Jonathan Kim |
Mr. Jonathan B. Kim is Senior Vice President, General Counsel, Secretary of Montpelier Re Holdings Ltd. Mr. Kim currently serves as General Counsel, Secretary and an SVP of the Company as well as a director of the Montpelier Re Foundation, the Company’s charitable arm. Prior to joining the Company from 1991 to 1998, he worked for Winthrop, Stimson, Putnam & Roberts (currently Pillsbury Winthrop Shaw Pittman LLP) in New York. Subsequently, he served as in-house counsel to a number of start-up ventures and worked in London as an Director for Modem Media, Inc. (now part of the Publicis Groupe S.A.). From 2002 to 2004, Mr. Kim was with AXA Advisors, LLC, a subsidiary of the AXA Group, in New York. |
William Pollett |
Mr. William Pollett is Senior Vice President, Treasurer, Chief Corporate Development and Strategy Officer of Montpelier RE Holdings Ltd. Prior to joining the Company in 2006, he spent five years with ACE Group, initially as CFO of ACE Tempest Re and then as Senior Financial Analyst and SVP at ACE Limited. Prior to the ACE Group, Mr. Pollett was employed by the OIL Group of Companies for seven years in various capacities, including Treasurer and Vice President of its investment companies. Mr. Pollett is a Chartered Financial Analyst (CFA) and a Chartered Accountant (CA). |
George Carbonar |
Mr. George A. Carbonar is Vice President, Controller of Montpelier RE Holdings Ltd. He has held the Group Controller position since June 1, 2011. Prior to joining the Company as Vice President and Assistant Group Controller in July 2007, Mr. Carbonar served as Assistant Controller of OneBeacon Insurance Company for the previous nine years. |
John Bruton |
Mr. John G. Bruton is Independent Director of Montpelier RE Holdings Ltd. Mr. Bruton has served as Prime Minister (Taoiseach) of Ireland from 1994 to 1997 and previously as Minister for Finance, Minister for Industry and Energy and Minister for Industry and Trade. He was also President of the Council of the European Union in 1996, member of the Presidency (Preasidium) of the Convention on the Future of Europe from 2001 to 2004 and Ambassador of the European Union to the United States from 2004 to 2009. He is currently a member of the Board of Directors of the Ingersoll Rand Corporation, Co-operation Ireland and the Centre for European Policy Studies. He is also a Distinguished Fellow at the Centre for Transatlantic Studies at Johns Hopkins University. |
Heinrich Burgi |
Dr. Heinrich Burgi is Independent Director of Montpelier RE Holdings Ltd. Dr. Burgi received his legal doctorate and barrister degree in Switzerland where he specialized in commercial and tax law. A former airline pilot with Swissair, Dr. Burgi has over twenty-five years of experience in various line and senior management positions at reinsurers Winterthur Re (now Partner Re) and Swiss Re in Zurich and Hong Kong, where he served in various capacities from 1982 to 2005, including as Global Head of Aviation and Marine and Head of their Group Chief Underwriting Office in Asia. He also served for many years as president of the Swiss Aviation Pool and retired in 2005 as a member of Swiss Re’s senior management. In 2006, Dr. Burgi was the co-founder and Chief Operating Officer/Chief Underwriting Officer of Asia Capital Re in Singapore and later co-founder of ACR ReTakaful in Bahrain and Kuala Lumpur. |
John Collins |
Mr. John D. Collins is Independent Director of Montpelier Re Holdings Ltd. Mr. Bruton has served as Prime Minister (Taoiseach) of Ireland from 1994 to 1997 and previously as Minister for Finance, Minister for Industry and Energy and Minister for Industry and Trade. He was also President of the Council of the European Union in 1996, member of the Presidency (Preasidium) of the Convention on the Future of Europe from 2001 to 2004 and Ambassador of the European Union to the United States from 2004 to 2009. He is currently a member of the Board of Directors of the Ingersoll Rand Corporation, Co-operation Ireland and the Centre for European Policy Studies. He is also a Distinguished Fellow at the Centre for Transatlantic Studies at Johns Hopkins University. |
Morgan Davis |
Mr. Morgan W. Davis is Independent Director of Montpelier Re Holdings Ltd. He also serves as a director of OneBeacon Insurance Group, Ltd. (“OneBeacon”), a specialty insurer and an affiliate of White Mountains, and was formerly a Managing Director at OneBeacon from 2001 to 2005. From 1994 to 2001, Mr. Davis served in various executive capacities at White Mountains. Mr. Davis also previously served as a director of Answer Financial Inc. and Esurance Holdings, Inc., which were both wholly-owned subsidiaries of White Mountains. Prior to that, he was with Fireman’s Fund Insurance Company for seven years and INA/Cigna Corporation (“CIGNA”) for ten years. In addition, Mr. Davis’s public service includes his role as a director on the Board of The African Development Foundation, an independent U.S. Federal agency established to support African-designed and African-driven solutions that address grassroots economic and social problems for marginalized populations. |
Michael Eisenson |
Mr. Michael R. Eisenson is Independent Director of Montpelier Re Holdings Ltd. He is a Managing Director, the Chief Executive Officer and co-founder of Charlesbank Capital Partners, LLC (“Charlesbank”), a private equity investment firm based in Boston and New York. Prior to co-founding Charlesbank in 1998, Mr. Eisenson was the President of Harvard Private Capital Group, Inc. (“Harvard”), Charlesbank’s predecessor. Before joining Harvard, Mr. Eisenson was with the Boston Consulting Group, a corporate-strategy consulting firm. Mr. Eisenson also serves on the Board of Directors of Blueknight Energy Partners, CIFC Corp. and Penske Auto Group, Inc., as well as several privately held Charlesbank portfolio companies. Mr. Eisenson was formerly a director of Catlin Group Limited, Playtex Products, Inc. and Caliper Life Sciences. |
John Shettle |
Mr. John Francis Shettle, Jr., is Independent Director of Montpelier Re Holdings Ltd. Mr. Shettle is an Operating Partner of Stone Point Capital, a private equity firm focused on the global financial services industry. Prior to joining Stone Point, Mr. Shettle was a Senior Advisor and Operating Partner at Lightyear Capital, a private equity firm providing buyout and growth capital to companies in the financial services industry. From August 2005 to November 2007, he was the President and CEO of the Victor O. Schinnerer Company, where he was responsible for running two of the underwriting management insurance organizations in North America, Victor O. Schinnerer & Company, Inc. and ENCON Group Inc. Mr. Shettle has served as a Senior Managing Director of Securitas and was the CEO of AVEMCO Corporation and Tred Avon Capital Advisors, Inc. Mr. Shettle is a director of Sharebridge Holdings, Inc., Sagicor Financial Corporation and AAM Insurance Investment Management. |
Candace Straight |
Ms. Candace L. Straight is Independent Director of Montpelier Re Holdings Ltd. Ms. Straight is currently a self-employed investment banking consultant specializing in the insurance industry. From 1998 to 2003, she was as an Advisory Director of Securitas Capital, LLC (“Securitas”), a global private equity investment firm specializing in insurance and financial services related industries. She is currently a director of Neuberger Berman Mutual Funds and is a current or former member or trustee of numerous non-profit boards and commissions. Throughout her career she has worked for numerous corporations, including Merck & Co. Inc. and Bankers Trust Company. From 1987 to 1996, Ms. Straight was a principal of Head & Company LLC, a merchant banking firm specializing in the insurance industry. Head & Company LLC acquired numerous companies, including Integon Corporation, Sphere Drake and Marketing One. Ms. Straight was president of Integon Corporation from 1990 to 1992 and served as a director until 1995. She also served as a director of Integon Life, Marketing One and Drake Holdings. |
Ian Winchester |
Mr. Ian M. Winchester is Independent Director of Montpelier Re Holdings Ltd. Mr. Winchester is currently a Managing Partner and Chairman of the Investment Committee of BHC Winton Funds, L.P. investment funds, which focus on providing capital to Lloyd’s syndicates, and the Managing Director - Insurance for Brooks, Houghton & Co., a privately owned specialist investment banking and fund management firm founded in 1989. From 1985 to 2006, he was with T&H Holdings, Inc., parent of Toplis and Harding, Inc., one of the oldest independent insurance outsourced services companies in North America specializing in claims adjusting work, where he served as Chairman, President and CEO and where he continues to serve as a non-executive director. From 1970 to 1985, he was with Winchester Bowring, Ltd., a specialist reinsurance broker at Lloyd’s and a subsidiary of Marsh & McLennan, Inc., where he served as Managing Director from 1976 to 1985, and from 1964 to 1970 he was with Alexander Howden, Ltd., now a part of Aon Corporation, where he served as an Assistant Director from 1968 to 1970. Mr. Winchester has also been an Underwriting Member of Lloyd’s since 1978. |
Jeannine Menzies |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Anthony Taylor |
3,308,620 |
Christopher Harris |
4,279,490 |
Michael Paquette |
1,757,290 |
Christopher Schaper |
2,728,370 |
Thomas Busher |
3,673,320 |
Timothy Aman |
1,516,880 |
Jonathan Kim |
809,984 |
William Pollett |
815,939 |
George Carbonar |
-- |
John Bruton |
-- |
Heinrich Burgi |
-- |
John Collins |
-- |
Morgan Davis |
-- |
Michael Eisenson |
-- |
John Shettle |
-- |
Candace Straight |
-- |
Ian Winchester |
-- |
Jeannine Menzies |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Anthony Taylor |
2,340,996 | 64,180,500 |
Christopher Harris |
0 | 0 |
Michael Paquette |
0 | 0 |
Christopher Schaper |
0 | 0 |
Thomas Busher |
348,176 | 9,535,500 |
Timothy Aman |
0 | 0 |
Jonathan Kim |
0 | 0 |
William Pollett |
0 | 0 |
George Carbonar |
0 | 0 |
John Bruton |
0 | 0 |
Heinrich Burgi |
0 | 0 |
John Collins |
0 | 0 |
Morgan Davis |
0 | 0 |
Michael Eisenson |
0 | 0 |
John Shettle |
0 | 0 |
Candace Straight |
0 | 0 |
Ian Winchester |
0 | 0 |
Jeannine Menzies |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
BUSHER THOMAS GEORGE STORY |
22,753 | $25.82 |
BUSHER THOMAS GEORGE STORY |
30,000 | $25.98 |
BUSHER THOMAS GEORGE STORY |
30,000 | $26.06 |
BUSHER THOMAS GEORGE STORY |
64,584 | $25.63 |
PAQUETTE MICHAEL SCOTT |
11,644 | $25.63 |
BUSHER THOMAS GEORGE STORY |
18,169 | $25.63 |
POLLETT WILLIAM |
8,707 | $25.63 |
SCHAPER CHRISTOPHER |
13,842 | $25.63 |
KIM JONATHAN B |
4,405 | $25.63 |
AMAN TIMOTHY PAUL |
8,121 | $25.63 |
HARRIS CHRISTOPHER L |
22,650 | $25.63 |
CARBONAR GEORGE ANTHONY |
2,044 | $25.63 |
POLLETT WILLIAM |
25,000 | $25.83 |
BUSHER THOMAS GEORGE STORY |
469,222 | $24.62 |
DAVIS MORGAN W |
10,500 | $22.85 |
HARRIS CHRISTOPHER L |
50,766 | $21.82 |
CARBONAR GEORGE ANTHONY |
2,320 | $21.82 |
KIM JONATHAN B |
5,688 | $21.82 |
AMAN TIMOTHY PAUL |
9,336 | $21.82 |
PAQUETTE MICHAEL SCOTT |
17,431 | $21.82 |
SCHAPER CHRISTOPHER |
7,500 | $21.82 |
TAYLOR ANTHONY |
31,361 | $21.82 |
POLLETT WILLIAM |
15,306 | $21.82 |
BUSHER THOMAS GEORGE STORY |
59,532 | $21.82 |
PAQUETTE MICHAEL SCOTT |
15,146 | $21.70 |
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