People: RLI Corp (RLI)

RLI on New York Consolidated

45.42USD
22 Aug 2014
Price Change (% chg)

$-0.32 (-0.70%)
Prev Close
$45.74
Open
$45.64
Day's High
$45.78
Day's Low
$45.31
Volume
57,592
Avg. Vol
100,957
52-wk High
$51.03
52-wk Low
$37.72

Search Stocks

Summary

Name Age Since Current Position

Jonathan Michael

60 2011 Chairman of the Board, President, Chief Executive Officer

Thomas Brown

57 2011 Chief Financial Officer, Vice President, Treasurer

Michael Stone

65 2012 President and Chief Operating Officer of Company's Principal Insurance Subsidiaries, Director

Aaron Diefenthaler

40 2012 Vice President, Chief Investment Officer

Daniel Kennedy

49 2007 Vice President, General Counsel, Corporate Secretary

Todd Bryant

45 2009 Vice President, Controller

Craig Kliethermes

49 2009 Executive Vice President - Operations of principal insurance

Charles Linke

76 2011 Lead Independent Director

Kaj Ahlmann

63 2009 Independent Director

Barbara Allen

61 2006 Independent Director

Michael Angelina

47 2013 Independent Director

John Baily

70 2003 Independent Director

Jordan Graham

53 2004 Independent Director

Gerald Lenrow

86 2011 Independent Director

F. Lynn McPheeters

71 2000 Independent Director

Robert Viets

70 1993 Independent Director

Aaron Jacoby

VP, Corporate Development

Biographies

Name Description

Jonathan Michael

Mr. Jonathan E. Michael serves as Chairman of the Board, President, Chief Executive Officer of RLI Corp. He is President & Chief Executive Officer of the Company since January 1, 2001. He was elected Chairman of the Board & Chief Executive Officer of the Company’s principal insurance subsidiaries January 1, 2002. Mr. Michael joined the Company in 1982 and has held various managerial and executive officer positions, including Controller, Vice President, Finance/ Chief Financial Officer. Additionally, as Executive Vice President he was responsible for running the Company’s insurance operations for several years before becoming Chief Operating Officer in 1994. Prior to 1982, Mr. Michael was associated with Coopers & Lybrand LLP, and is a certified public accountant. He serves on the Board of Directors of investment management software maker SS&C Technologies Holdings, Inc. and sunglass manufacturer Maui Jim, Inc. He is currently a member of the Marshall County State Bank Board, the 1st Vice Chair of the Property Casualty Insurers Association Board of Governors, a member of the OSF St. Francis Medical Center Community Advisory Board, a member of the Illinois Neurological Institute Advisory Board, and a member of the Peoria CEO Roundtable Board. He is a former director of First Capital Bank (Peoria), member of the Board of Easter Seals — Peoria/Bloomington, and the Eureka College Board of Trustees. He has a Bachelor’s degree in Business Administration from Ohio Dominican College.

Thomas Brown

Mr. Thomas L. Brown serves as Chief Financial Officer, Vice President, Treasurer of RLI Corp. Prior to joining RLI, Mr. Brown worked for over 30 years at PricewaterhouseCoopers LLP in Chicago, Illinois, where he most recently served as Vice Chair and Partner and was the lead engagement partner on numerous engagement teams assisting Fortune 500 insurance companies. Mr. Brown is a CPA and holds a B.S. in Accounting from Illinois Wesleyan University. Mr. Brown currently serves on the Illinois Wesleyan University Board of Trustees, and previously served on the Insurance Companies Committee of the AICPA.

Michael Stone

Mr. Michael J. Stone serves as President and Chief Operating Officer of Company's Principal Insurance Subsidiaries, Director of RLI Corp. He has been appointed as Director of the Company, effective August 16, 2012. Stone was promoted to Executive Vice President in 1998 and was appointed to his current position in 2002. He holds a bachelor's degree from Bellarmine College and a J.D., magna cum laude, from the University of Louisville.

Aaron Diefenthaler

Mr. Aaron P. Diefenthaler serves as Vice President, Chief Investment Officer of RLI Corp. Mr. Diefenthaler was Principal and Portfolio Manager with AAM Insurance Investment Management from 2002 to January 2012. He comes to RLI with 16 years of investment and operations experience. Prior to joining RLI, he was a Principal and Portfolio Manager with AAM Insurance Investment Management where he managed investment portfolios for numerous insurance companies. Diefenthaler earned a B.S. in Finance from Indiana University and a M.B.A. from DePaul University's Kellstadt Graduate School of Business. In addition, he holds the CFA designation.

Daniel Kennedy

Mr. Daniel O. Kennedy serves as Vice President, General Counsel, Corporate Secretary of RLI Corp. He is Officer since 2006.

Todd Bryant

Mr. Todd Wayne Bryant serves as Vice President, Controller of RLI Corp. Prior to his promotion, Mr. Bryant had been Assistant Vice President, Financial Reporting since August 2006, and previously held various managerial and accounting positions since he joined the Company in 1993.

Craig Kliethermes

Mr. Craig W. Kliethermes serves as Executive Vice President - Operations of principal insurance, subsidiaries of RLI Corp. Mr. Kliethermes joined the Company as Vice President, Actuarial Services in April 2006. In February 2009, Mr. Kliethermes was promoted to Senior Vice President, Risk Services. Previously he was Senior Vice President, Quantitative Analyst for Lockton Companies from January 2006 through April 2006. Mr. Kliethermes was Assistant Vice President, Employers Reinsurance Corporation and Vice President, Westport, both a part of GE Insurance Solutions, from May 1998 through January 2006.

Charles Linke

Professor Charles M. Linke serves as Lead Independent Director of RLI Corp. He is Professor Emeritus of Finance at the University of Illinois (Urbana-Champaign) since 1998. Professor Linke has held various positions with the University of Illinois since 1966. CEO of Economics Et Cetera, Inc., a consulting firm specializing in financial economics since 1981. Professor Linke joined the University of Illinois faculty in 1966, serving as IBE Distinguished Professor of Finance, Chairperson of the Department of Finance, Associate Dean for Graduate Studies and Associate Dean of Executive Education. He has also served as visiting scholar at Senshu University in Tokyo, Japan, and visiting professor at Nankai University, People’s Republic of China. He has a Bachelor’s degree and has Master’s and Doctorate degrees in Business Administration, all from Indiana University.

Kaj Ahlmann

Mr. Kaj Ahlmann serves as an Independent Director of RLI Corp. He Joined Joined Deutsche Bank in October 2009 as Global Head, Strategic Services and Chair, Advisory Board after having provided independent services to the Council of Global Insurance Asset Management, Deutsche Asset Management, since 2006. From 2001 to 2003, Mr. Ahlmann was the Chairman and CEO of inreon, a global electronic reinsurance venture created by Munich Re, Swiss Re, Internet Capital Group and Accenture. He was Vice Chairman and Executive Officer of E.W. Blanch Holdings, Inc., a provider of integrated risk management and distribution services, from 1999 to 2001. Prior to that, from 1993 to 1999, he was Chairman, President and CEO of Employers Reinsurance Corporation, a global reinsurance company and served as a director of the parent organization, GE Capital Services. He served on the boards of Erie Indemnity Company, Erie Insurance Group from 2003 to 2008 and SCPIE Holdings, Inc., from 2006 to 2008. Mr. Ahlmann, owns and operates the Six Sigma Ranch & Winery in Lower Lake, California, which produces artisanal wines for retail distribution. Mr. Ahlmann currently serves on the boards of the American Institute for CPCU and the Advisory Board of Six Sigma Academy. He has a Bachelor’s degree in Mathematics and a Master’s degree in Mathematical Statistics and Probability and Actuarial Science, both from the University of Copenhagen.

Barbara Allen

Ms. Barbara R. Allen serves as an Independent Director of RLI Corp. She retired after serving from November 2005 through August 2008 as President of Proactive Partners, a division of Tennis Corporation of American, which owns and operates athletic facilities in North America. Former Partner with The Everest Group, a strategy and general management consulting firm, from 2003 through October 2005. For 23 years, Ms. Allen held various executive management positions with The Quaker Oats Company including Executive Vice President, International Foods responsible for Quaker’s food business outside the United States; Vice President, Corporate Strategic Planning responsible for development of worldwide strategic plans and annual operating budgets; and, President, Frozen Foods Division and Vice President Marketing. Additionally, Ms. Allen served as President of the Corporate Supplier Division for Corporate Express and as CEO for the women’s pro-soccer league start-up, the WUSA. Ms. Allen is a former director for Maytag Corporation, Tyson Foods, Inc., Converse Inc., Chart House Enterprises, Inc., Lance, Inc., and Coty, Inc., serving on audit and compensation committees. She has a Bachelor’s degree in Psychology from the University of Illinois-Champaign and a Master’s degree in Marketing and Finance from the University of Chicago.

Michael Angelina

Mr. Michael E. Angelina is an Independent Director of the RLI Corp. Angelina has led the Academy of Risk Management and Insurance at Saint Joseph’s University since April 2012, and formerly served as Chief Risk Officer and Chief Actuary at Endurance Specialty Holdings. He is an accomplished executive with more than 25 years of insurance industry experience, including leadership positions at Endurance Specialty Holdings and Tillinghast-Towers Perrin. Angelina holds a Bachelor of Science degree in Mathematics from Drexel University.

John Baily

Mr. John T. Baily serves as an Independent Director of RLI Corp. He retired after serving as President of Swiss Re Capital Partners from 1999 through 2002. In this role, he was involved in investments and acquisitions in the insurance industry. Previously National Insurance Industry Chairman and Partner of the accounting firm of Coopers & Lybrand LLP (C&L) (now known as PricewaterhouseCoopers LLP) retiring in 1999 after 33 years, 23 years as a partner. He served as Chairman of the C&L insurance practice for 13 years, where he was responsible for all of the firms’ services to the insurance industry (including audit, tax, actuarial, management consulting). He was also past Chairman of C&L’s International Insurance Companies Committee. He was also a member of C&L’s governing body, U.S. Board of Partners. He is a past Chairman of the AICPA Insurance Companies committee. He served on the Investment Committee of both Securitas Capital and Conning Capital Partners. Mr. Baily serves on the boards of Endurance Specialty Holdings, Inc., Golub Capital BDC, Inc., CIFG Holdings, Ltd., and its affiliates. and is Chairman of the Board of Albright College. He previously served on the board of Erie Indemnity Company and NYMagic, Inc. He has served as the Chair of the Audit Committee of both private and public companies. He has a Bachelor’s degree in Economics from Albright College and a Master’s degree in Business Administration from the University of Chicago.

Jordan Graham

Mr. Jordan W. Graham serves as an Independent Director of RLI Corp. He is Managing Director with Quotient Partners since May, 2011, providing strategy and merger/acquisition advisory services to financial, information services, and technology companies. From 2010 to 2011, President of FICO Consumer Services and Executive Vice President for Credit Scoring and Predictive Analytics at FICO, a provider of credit, analytics, and decision management technologies. From 2007 to 2010, Mr. Graham was Managing Director and Head of North America Business Development for the Global Transaction Services (GTS) Division of Citigroup and responsible for strategic planning, global partnerships and acquisitions for the Cash Management and Trade Services businesses. For the preceding two years, he was retained as a full time consultant to the CEO of Citigroup GTS and provided business strategy and acquisition advisory services. Mr. Graham has over 25 years of experience working in and providing products and services to the financial services industry globally. From 1998 to 2004, he was an executive with Cisco Systems, serving as Vice President of the Internet Business Solutions Group, Services Industries Strategy Consulting Practice and led the internet business strategy consulting practices for the financial services, healthcare, energy and media/entertainment industries globally. Previously he was Managing Director and Global Head of Cisco’s Financial Services Industry Consulting Practice and provided internet strategy and advisory services to CXO level executives in Global 500 securities, banking, and insurance firms. Mr. Graham has a Bachelor’s degree in Business Entrepreneurship from the University of Southern California.

Gerald Lenrow

Mr. Gerald I. Lenrow serves as an Independent Director of RLI Corp. He is currently in his own legal practice serving a select group of insurers. At the end of 1998, he concluded three years of consulting with General Reinsurance Corp and its affiliate, Cologne Life Re. Previously, he was a partner with Coopers & Lybrand LLP (C&L) (now known as PricewaterhouseCoopers LLP) retiring after 30 years with the firm. While at C&L, he formed and led their national insurance tax group. While widely recognized as an authority in insurance taxation, Mr. Lenrow has been involved in all facets of the industry. Over the years, he provided strategic counsel to senior management in all sectors of the industry. An integral part of his activities included mergers and acquisitions and handling disputes through the IRS administrative appeals procedures. He monitors legislative activities and developments emanating from the IRS national office affecting the insurance industry. He worked with congressional tax writing committees, the Treasury and the IRS on tax legislation. For approximately 20 years, Mr. Lenrow was an advisor to the Property Casualty Insurance Association of America (formerly known as National Association of Independent Insurers) and the National Association of Mutual Insurance Companies. Mr. Lenrow is past chair of the American Bar Association’s Torts & Insurance Practice Section Committee on the Taxation of Insurance Companies and was on the Advisory Board for the Insurance Tax Review. He has a Bachelor’s degree in Accounting from the City College of New York and a Law degree from Fordham University.

F. Lynn McPheeters

Mr. F. Lynn McPheeters serves as an Independent Director of RLI Corp. He is Retired as Vice President and Chief Financial Officer of Caterpillar Inc., the world’s manufacturer of construction, mining and related equipment in February 2005. Mr. McPheeters joined Caterpillar Inc. in 1964 and held various financial positions and spent 15 years overseas. In his global assignments, he served as Distribution Finance Manager in Japan, Finance Manager in Europe and Secretary-Treasurer for Caterpillar Far East in Hong Kong. He went on to serve as Executive Vice President of Caterpillar Financial Services Corporation in Nashville and returned to Peoria to become Caterpillar’s Corporate Treasurer in 1996 until November 1998. He was responsible for the company’s banking and funding relationships, trade financing policy, foreign exchange and interest risk management, pension fund administration and Caterpillar Investment Management Limited, the company’s investment advisory group, which had its own group of mutual funds and managed the company’s employee 401(k) plan. He was also responsible for a division managing the placement of all corporate insurance coverages. Mr. McPheeters was appointed Vice President and Chief Financial Officer in 1998. He was responsible for the Corporate Services Division, which included accounting, tax, treasury, and investor relations functions. For three of his six years as CFO, he also had responsibility for the company’s IT operations. Mr. McPheeters serves on the board of Microlution Inc. and Crosslink. He is a past Chairman of the OSF Saint Francis Medical Center Foundation Council and is former President and current member of the Southern Illinois University Carbondale Foundation Board. He has a Bachelor’s degree in Accounting from Southern Illinois University-Carbondale, and later attended the Advanced Management Program at Duke University and Finance Management Program at Stanford University.

Robert Viets

Mr. Robert O. Viets serves as an Independent Director of RLI Corp. Since 1999, President of ROV Consultants, LLC., providing consulting services to regulated energy and communication businesses. Former President, CEO and director from 1988 until 1999 of CILCORP Inc., a holding company in Peoria, Illinois, whose principal subsidiary was a utility company. He served as a consultant to AES Corporation, a global power company. After working for several years in St. Louis with Arthur Andersen & Co., a national accounting firm, Mr. Viets joined Central Illinois Light Company (CILCO) in Peoria to manage the company’s regulatory and financial activities. CILCO was a regulated electric and natural gas utility serving central Illinois. In 1985, Mr. Viets led the formation of CILCORP, Inc., a non-regulated holding company that became the parent company of CILCO. The corporate restructuring was designed to prepare the company for competition in the retail electric and natural gas energy markets. Mr. Viets is a director for Patriot Coal Corporation as well as a former director for Consumers Water Company, Philadelphia Suburban Corporation (now Aqua America, Inc.), Lincoln Office Supply Co., Inc. and Methodist Health Services Corporation. He has also chaired the Bradley University board of trustees. Mr. Viets has a Bachelor’s degree in Economics from Washburn University and a Law degree from Washington University School of Law. He is a certified public accountant.

Aaron Jacoby

Options Compensation

Name Options Value

Jonathan Michael

582,181 13,059,180

Thomas Brown

2,000 40,100

Michael Stone

463,388 11,743,500

Aaron Diefenthaler

0 0

Daniel Kennedy

17,840 826,592

Todd Bryant

0 0

Craig Kliethermes

17,500 975,175

Charles Linke

0 0

Kaj Ahlmann

0 0

Barbara Allen

0 0

Michael Angelina

0 0

John Baily

0 0

Jordan Graham

0 0

Gerald Lenrow

0 0

F. Lynn McPheeters

0 0

Robert Viets

0 0

Aaron Jacoby

0 0
Search Stocks