People: W. R. Berkley Corp (WRB)
WRB on New York Consolidated
42.23USD
20 May 2013
42.23USD
20 May 2013
Price Change (% chg)
$-0.35 (-0.82%)
$-0.35 (-0.82%)
Prev Close
$42.58
$42.58
Open
$42.50
$42.50
Day's High
$42.55
$42.55
Day's Low
$42.22
$42.22
Volume
391,663
391,663
Avg. Vol
505,805
505,805
52-wk High
$45.59
$45.59
52-wk Low
$36.08
$36.08
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
William Berkley |
67 | 2009 | Chairman of the Board, Chief Executive Officer |
W. Robert Berkley |
40 | 2009 | President, Chief Operating Officer, Director |
Eugene Ballard |
60 | 2009 | Chief Financial Officer, Senior Vice President |
Ira Lederman |
59 | 2001 | Senior Vice President, General Counsel, Corporate Secretary |
James Shiel |
53 | 1997 | Senior Vice President - Investments |
Christopher Augostini |
48 | 2012 | Independent Director |
Ronald Blaylock |
53 | 2001 | Independent Director |
Mark Brockbank |
61 | 2001 | Independent Director |
George Daly |
72 | 1998 | Independent Director |
Mary Farrell |
63 | 2006 | Independent Director |
Jack Nusbaum |
72 | 1967 | Independent Director |
Mark Shapiro |
69 | 1974 | Independent Director |
Karen Horvath |
Vice President - External Financial Communications |
Biographies
| Name | Description |
|---|---|
William Berkley |
Mr. William R. Berkley is Chairman of the Board, Chief Executive Officer of W. R. Berkley Corporation, since its formation in 1967. He also served as President and Chief Operating Officer from March 2000 to November 2009 and held such positions at various times from 1967 to 1995. Mr. Berkley also served as a director of The First Marblehead Corporation (until June 2012). |
W. Robert Berkley |
Mr. W. Robert Berkley, Jr., is President, Chief Operating Officer, Director of W. R. Berkley Corporation. He has been President and Chief Operating Officer of the Company since November 2009 and Vice Chairman and President of Berkley International, LLC since May 2002 and April 2008, respectively. Mr. Berkley, Jr. served previously as Executive Vice President of the Company from August 2005 to November 2009, Senior Vice President — Specialty Operations of the Company from January 2003 to August 2005, Senior Vice President of the Company from January 2002 to January 2003, Vice President of the Company from May 2000 to January 2002, President of Berkley International, LLC from January 2001 to May 2002 and Executive Vice President of Berkley International, LLC from March 2000 to January 2001. He joined the Company in September 1997. From July 1995 to August 1997, Mr. Berkley, Jr. was employed in the Corporate Finance Department of Merrill Lynch Investment Company. |
Eugene Ballard |
Mr. Eugene G. Ballard is Chief Financial Officer, Senior Vice President of W. R. Berkley Corporation, since May 4, 2009. He was Treasurer of the Company from June 1999 to May 2009. He has more than 20 years of experience in the insurance industry. |
Ira Lederman |
Mr. Ira S. Lederman is Senior Vice President, General Counsel, Corporate Secretary of W. R. Berkley Corporation, since November 7, 2001. Additionally, he has been General Counsel of Berkley International, LLC since January 1998. He joined the Company in 1983. |
James Shiel |
Mr. James G. Shiel is Senior Vice President - Investments of W. R. Berkley Corporation, since January 1997. Prior thereto, he was Vice President — Investments of the Company from January 1992. Since February 1994, Mr. Shiel has been President of Berkley Dean & Company, Inc., a subsidiary of the Company, which he joined in 1987. |
Christopher Augostini |
Mr. Christopher L. Augostini is an Independent Director of W. R. Berkley Corporation. He is Senior Vice President and Chief Operating Officer of Georgetown University, where he has served in various positions, including as Chief Financial Officer, since joining Georgetown University in 2000. Previously, from 1995 to 2000, Mr. Augostini worked for New York City Mayor Rudolph Giuliani’s administration in various capacities, including chief of staff to the deputy mayor for operations, director of intergovernmental affairs, and deputy budget director. In the late 1980s and early 1990s, Mr. Augostini served as an analyst for the New York State General Assembly’s Higher Education Committee and its Ways and Means Committee. He began his career conducting workforce and economic development research at the Nelson A. Rockefeller Institute of Government, the public policy arm of the State University of New York higher education system. |
Ronald Blaylock |
Mr. Ronald E. Blaylock is Independent Director of W. R. Berkley Corporation. He is Founder and Managing Partner of GenNx360 Capital Partners, a private equity buy out firm, since 2006. Mr. Blaylock was the Founder, Chairman and Chief Executive Officer of Blaylock & Company, Inc., an investment banking firm, and held senior management positions with PaineWebber Group and Citicorp before launching Blaylock & Company, Inc. in 1993. Mr. Blaylock is also a director of CarMax, Inc. and Radio One, Inc. |
Mark Brockbank |
Mr. Mark E. Brockbank is Independent Director of W. R. Berkley Corporation. Mr. Brockbank retired from active employment in November 2000. He served from 1995 to 2000 as Chief Executive of XL Brockbank Ltd., an underwriting management agency at Lloyd’s of London. Mr. Brockbank was a founder of the predecessor firm of XL Brockbank Ltd. and was a director of XL Brockbank Ltd. from 1983 to 2000. |
George Daly |
Dr. George G. Daly, Ph.D., is Independent Director of W. R. Berkley Corporation, since 1998. He is Professor at McDonough School of Business, Georgetown University, where he served as Dean from 2005 to 2011. From 2002 to October 2005, Dr. Daly was Fingerhut Professor and Dean Emeritus, Stern School of Business, New York University, and previously was Dean, Stern School of Business, and Dean Richard R. West Professor of Business, New York University, for more than five years. In addition to his academic career, Dr. Daly served as Chief Economist at the U.S. Office of Energy Research and Development in 1974. He is also a director of The First Marblehead Corporation. |
Mary Farrell |
Ms. Mary C. Farrell is Independent Director of W. R. Berkley Corporation, since 2006. She is President of the Howard Gilman Foundation since September 2009 and consultant to the financial services industry since 2005. Retired in July 2005 from UBS, where she served as a Managing Director, Chief Investment Strategist for UBS Wealth Management USA and Co-Head of UBS Wealth Management Investment Strategy & Research Group. |
Jack Nusbaum |
Mr. Jack H. Nusbaum is Independent Director of W. R. Berkley Corporation, since 1967. He has been Senior Partner in the New York law firm of Willkie Farr & Gallagher LLP, where he has been a partner for more than the last five years and had been Chairman of the firm from 1987 through 2009. Willkie Farr & Gallagher LLP is outside counsel to the Company. Mr. Nusbaum is also a director of Cowen Group, Inc. |
Mark Shapiro |
Mr. Mark L. Shapiro is Independent Director of W. R. Berkley Corporation, since 1974. Since September 1998, Mr. Shapiro has been a private investor. From July 1997 through August 1998, Mr. Shapiro was a Senior Consultant to the Export-Import Bank of the United States. Prior thereto, he was a Managing Director in the investment banking firm of Schroder & Co. Inc. He is also a director of Boardwalk Pipeline Partners, LP. |
Karen Horvath |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
William Berkley |
31,296,800 |
W. Robert Berkley |
9,088,460 |
Eugene Ballard |
2,372,840 |
Ira Lederman |
2,372,840 |
James Shiel |
2,355,470 |
Christopher Augostini |
-- |
Ronald Blaylock |
-- |
Mark Brockbank |
-- |
George Daly |
-- |
Mary Farrell |
-- |
Jack Nusbaum |
-- |
Mark Shapiro |
-- |
Karen Horvath |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
William Berkley |
4,946,875 | 176,958,090 |
W. Robert Berkley |
629,004 | 20,322,460 |
Eugene Ballard |
147,661 | 4,304,380 |
Ira Lederman |
158,107 | 4,722,040 |
James Shiel |
232,879 | 7,110,480 |
Christopher Augostini |
0 | 0 |
Ronald Blaylock |
0 | 0 |
Mark Brockbank |
0 | 0 |
George Daly |
0 | 0 |
Mary Farrell |
0 | 0 |
Jack Nusbaum |
0 | 0 |
Mark Shapiro |
0 | 0 |
Karen Horvath |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
LEDERMAN IRA S |
7,911 | $37.37 |
LEDERMAN IRA S |
7,911 | $37.37 |
BERKLEY WILLIAM R |
10,000 | $0.00 |
BERKLEY WILLIAM R |
10,000 | $0.00 |
BERKLEY WILLIAM ROBERT JR |
10,000 | $0.00 |
LEDERMAN IRA S |
655 | $38.93 |
SHIEL JAMES G |
555 | $38.93 |
BERKLEY WILLIAM ROBERT JR |
3,731 | $38.93 |
BERKLEY WILLIAM R |
7,462 | $38.93 |
BALLARD EUGENE G |
655 | $38.93 |
PATAFIO CLEMENT P |
63,570 | $39.15 |
PATAFIO CLEMENT P |
255 | $38.93 |
PATAFIO CLEMENT P |
63,570 | $39.33 |
BALLARD EUGENE G |
22,500 | $0.00 |
BERKLEY WILLIAM ROBERT JR |
135,000 | $0.00 |
SHIEL JAMES G |
22,500 | $0.00 |
BERKLEY WILLIAM R |
250,000 | $0.00 |
LEDERMAN IRA S |
22,500 | $0.00 |
PATAFIO CLEMENT P |
9,500 | $0.00 |
AUGOSTINI CHRISTOPHER L |
3,000 | $0.00 |
NUSBAUM JACK H |
3,000 | $0.00 |
BLAYLOCK RONALD E |
3,000 | $0.00 |
BROCKBANK MARK ELLWOOD |
3,000 | $0.00 |
DALY GEORGE G |
3,000 | $0.00 |
FARRELL MARY C |
3,000 | $0.00 |

