People: Universal Insurance Holdings, Inc. (UVE)

UVE on American Stock Exchange

5.68USD
9 Feb 2010
Price Change (% chg)

$0.00 (+0.00%)
Prev Close
$5.68
Open
--
Day's High
$5.70
Day's Low
$5.62
Volume
106,735
Avg. Vol
188,049
52-wk High
$6.72
52-wk Low
$3.06

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Summary

Name Age Since Current Position
Meier, Bradley 41 1990 President, Chief Executive Officer, Director
Lynch, James 54 1998 Chief Financial Officer, Executive Vice President
Downes, Sean 39 2005 Chief Operating Officer, Senior Vice President, Director
Meier, Norman 70 2008 Secretary, Director
Slogoff, Reed 40 1997 Director
Wilentz, Joel 75 1997 Director
Schindler, Ozzie 40 2007 Director
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Biographies

Name Description
Meier, Bradley Bradley I.Meier has been President, Chief Executive Officer and a Director of Universal Insurance Holdings, Inc since its inception in November 1990. He has served as President of Universal Property and Casualty Insurance Company ("UPCIC"), a wholly owned subsidiary of the Company, since its formation in April 1997. In 1990, Mr. Meier graduated from the Wharton School of Business with a B.S. in Economics.
Lynch, James James M. Lynch has been Executive Vice President and Chief Financial Officer of Universal Insurance Holdings, Inc since August 1998. Before joining the Company in August 1998, Mr. Lynch was Chief Financial Officer of Florida Administrators, Inc., an organization specializing in property and casualty insurance. Prior to working at Florida Administrators, Inc., Mr. Lynch held the position of Senior Vice President of Finance and Comptroller of Trust Group, Inc., which also specialized in property and casualty insurance. Before his position at Trust Group, Mr. Lynch was a Manager with the accounting and auditing firm of Coopers & Lybrand, which later became PricewaterhouseCoopers LLC. His Qualification is CPA, CPCU.
Downes, Sean Sean P. Downes has been Senior Vice President, Chief Operating Officer and a Director of Universal Insurance Holdings, Inc since January 2005. He has served as Chief Operating Officer and a Director of UPCIC since July 2003. Mr. Downes was Chief Operating Officer of Universal Adjusting Corporation from July 1999 to July 2003. During that time Mr. Downes created the Company’s claims operation. Before joining the Company in July 1999, Mr. Downes was Vice President of Downes and Associates, a multi-line insurance adjustment corporation.
Meier, Norman Norman M. Meier has been a Director of Universal Insurance Holdings, Inc since July 1992 and Secretary of the Company since January 1, 2008. Presently Mr. Meier serves as Executive Chairman of DermWorx Incorporated, a privately held dermatologic specialty pharmaceutical company. From February 2000 until January 2006, Mr. Meier was President and Chief Executive Officer of PharmaMatrix, Inc., a medical marketing and advertising company. From December 1986 until November 1999, Mr. Meier was President, Chief Executive Officer and a Director of Columbia Laboratories, Inc., a publicly-traded corporation in the pharmaceuticals business. From 1977 until 1986, Mr. Meier served as a consultant to Key Pharmaceuticals. From 1971 to 1977, Mr. Meier was Vice President of Sales and Marketing for Key Pharmaceuticals.
Slogoff, Reed Reed J. Slogoff has been a Director of Universal Insurance Holdings, Inc since March 1997. Mr. Slogoff is currently a principal with Pearl Properties, LLC, a commercial real estate investment firm based in Philadelphia, Pennsylvania. Mr. Slogoff was formerly with Entercom Communications Corp., a publicly traded radio broadcasting company and was previously a member of the corporate and real estate group of the law firm of Dilworth, Paxson, LLP. Mr. Slogoff received a B.A. with Honors from the University of Pennsylvania in 1990, and a J.D. from the University of Miami School of Law in 1993.
Wilentz, Joel Joel M. Wilentz has been a Director of Universal Insurance Holdings, Inc since March 1997. Dr. Wilentz is one of the founding members of Dermatology Associates in Florida, founded in 1970. He is a former member of the boards of the Neurological Injury Compensation Association for Florida and the Broward County Florida Medical Association. He is a member of the board of directors of the American Arm of the Israeli Emergency Medical Service for the southeastern United States, of which he is also a past President. Dr. Wilentz is a past member of the Board of Overseers of the Nova Southeastern University School of Pharmacy. He has a M.D. degree.
Schindler, Ozzie Ozzie A. Schindler has been a Director of Universal Insurance Holdings, Inc since January 2007. Mr. Schindler serves as Chairman of the Company’s Audit Committee. Mr. Schindler is a partner with the law firm of Greenberg Traurig and specializes in international tax, trusts and succession and planning. He has an LL.M. in Taxation from New York University School of Law and graduated with honors from the University of Florida School of Law. Mr. Schindler graduated with high honors from the University of Florida Fisher School of Accounting. He is admitted to both the Florida and New York Bars.

Basic Compensation

Name Fiscal Year Total
Meier, Bradley 5,446,380
Lynch, James 698,520
Downes, Sean 4,754,820
Meier, Norman --
Slogoff, Reed --
Wilentz, Joel --
Schindler, Ozzie --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Meier, Bradley 2,250,000 5,432,500
Lynch, James 265,000 904,350
Downes, Sean 465,000 1,667,850
Meier, Norman 0 0
Slogoff, Reed 0 0
Wilentz, Joel 0 0
Schindler, Ozzie 0 0

Insider Trading

Name Shares Traded Price
MEIER BRADLEY I 787,490 $1.06
MEIER BRADLEY I 131,357 $1.06
MEIER BRADLEY I 89,072 $1.10
DOWNES SEAN P 500,000 $5.26
LYNCH JAMES M 11,657 $3.90
WILENTZ JOEL M 20,000 $1.10
SLOGOFF REED J 14,605 $5.67
SLOGOFF REED J 11,500 $5.61
SLOGOFF REED J 56,342 $5.68
MEIER BRADLEY I 750,000 $5.57
LYNCH JAMES M 7,941 $6.09
LYNCH JAMES M 32,394 $6.01
LYNCH JAMES M 157,590 $5.87
DOWNES SEAN P 150,000 $4.71
DOWNES SEAN P 200,000 $4.70
SLOGOFF REED J 20,000 $1.10
MEIER BRADLEY I 300,000 $4.53
MEIER BRADLEY I 300,000 $4.42
DOWNES SEAN P 250,000 $4.05
WILENTZ JOEL M 54,342 $1.63
MEIER NORMAN M 172,671 $1.63
SLOGOFF REED J 37,496 $1.63
MEIER NORMAN M 32,977 $1.10
MEIER BRADLEY I 627,422 $0.06
MEIER BRADLEY I 104,009 $1.63
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