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United States

White Mountains Insurance Group Ltd (WTM)

WTM on New York Consolidated

870.43USD
22 May 2017
Change (% chg)

$8.88 (+1.03%)
Prev Close
$861.55
Open
$859.01
Day's High
$876.13
Day's Low
$854.98
Volume
32,599
Avg. Vol
17,691
52-wk High
$948.94
52-wk Low
$790.00

Summary

Name Age Since Current Position

Morgan Davis

65 2017 Non-Executive Independent Chairman of the Board

George Rountree

43 2017 Chief Executive Officer, Director

David Foy

49

Allan Waters

58 2007 President, Chief Executive Officer of Sirius International Insurance Group, Ltd; Director

Timothy Miller

57 2005 President and Chief Executive Officer of OneBeacon Ltd.

J. Brian Palmer

43 2014 Chief Accounting Officer, Managing Director

Robert Seelig

47 2009 General Counsel, Managing Director

Reid Campbell

49 2017 Chief Financial Officer, Executive Vice President

Kernan Oberting

46 2014 Managing Director of White Mountains Capital, Inc. and President of Sirius Capital Markets

Gary Tolman

60 2015 Director

Yves Brouillette

64 2007 Independent Director

A. Michael Frinquelli

74 2005 Independent Director

Edith Holiday

65 2004 Independent Director

Lowndes Smith

76 2003 Independent Director

Biographies

Name Description

Morgan Davis

Mr. Morgan W. Davis serves as Non-Executive Independent Chairman of the Board of the Company. He was Lead Independent Director of the Company. Mr. Davis formerly was a Managing Director of OneBeacon from 2001 to 2005 and served in a variety of capacities for subsidiaries of White Mountains from 1994 to 2001. Prior to 1994, Mr. Davis had 21 years of experience in the insurance business, mostly at Fireman’s Fund Insurance Company and INA/Cigna. Mr. Davis also serves as a director of OneBeacon, Montpelier Re Holdings, Compare.com (formerly Inspop USA LLC), Valen Technology, where he also serves as the Chairman of the Compensation Committee and QuoteLab. Mr. Davis has extensive executive and board-level experience gained over the course of his forty-five-year career in the property and casualty insurance industry.

George Rountree

Mr. George Manning Rountree serves as Chief Executive Officer, Director of the Company. He was Managing Director of White Mountains Capital, Inc., and President of WM Advisors, a subsidiaries of White Mountains Insurance Group, Ltd. Mr. Rountree has most recently served as President of White Mountains Capital and previously served as President of WM Advisors from 2009 to 2014. Mr. Rountree joined the Company in 2004.

David Foy

Mr. David T. Foy is no longer Executive Vice President, Chief Financial Officer of White Mountains Insurance Group, Ltd .is no longer May 17, 2017. Prior to joining White Mountains in 2003, Mr. Foy served as Senior Vice President and Chief Financial Officer of Hartford Life Inc. and joined that company in 1993. Prior to joining Hartford Life, Mr. Foy was with Milliman and Robertson, an actuarial consulting firm. Mr. Foy also serves as a director of OneBeacon Ltd. and Symetra.

Allan Waters

Mr. Allan L. Waters is Director of White Mountains Insurance Group, Ltd., and President, Chief Executive Officer of Sirius International Insurance Group, Ltd., a subsidiary company. Mr. Waters served as a director of White Mountains from 2003 to 2004 and was re-elected as a director in November 2005. From 1998 to 2007, Mr. Waters was the founder and Managing Member of Mulherrin Capital Advisors, LLC. Mr. Waters formerly served as Senior Vice President and Chief Financial Officer of White Mountains from 1993 to 1997, and originally joined the Company in 1985.

Timothy Miller

Mr. Timothy Michael Miller is President and Chief Executive Officer of OneBeacon Ltd., a subsidiary of White Mountains Insurance Group, Ltd. Mr. Miller also serves as a director of OneBeacon Ltd. Prior to joining White Mountains, Mr. Miller spent 10 years at St. Paul Travelers, most recently as Co-Chief Operating Officer. Prior to joining St. Paul Travelers, Mr. Miller spent 14 years with The Chubb Corporation.

J. Brian Palmer

Mr. J. Brian Palmer is Chief Accounting Officer and Managing Director of White Mountains Insurance Group, Ltd. previously served as Controller of a subsidiary of White Mountains from 1999 to 2001. Prior to joining White Mountains in 1999, Mr. Palmer spent four years with PricewaterhouseCoopers LLP.

Robert Seelig

Mr. Robert L. Seelig is General Counsel, Managing Director of White Mountains Insurance Group, Ltd. Prior to joining White Mountains in September 2002, Mr. Seelig was with the law firm of Cravath, Swaine & Moore.

Reid Campbell

Mr. Reid T. Campbell is Executive Vice President and Chief Financial Officer of the company effective May 17, 2017. He has served as a Managing Director of White Mountains Capital, Inc. since January 2004 and as the President of White Mountains Advisors LLC since January 2015. He joined White Mountains in 1994 and has served in a variety of financial management positions with the Company and its subsidiaries. Prior to joining White Mountains, Mr. Campbell spent three years with KPMG LLP. Mr. Campbell also serves as a director of OneBeacon Ltd.

Kernan Oberting

Mr. Kernan V. Oberting is Managing Director of White Mountains Capital, Inc. and President of Sirius Capital Markets ., a subsidiary of White Mountains Insurance Group, Ltd. From 2008 to 2012, Mr. Oberting was the founder and Managing Member of Oakum Bay Capital (f/k/a KVO Capital Management). From 2004 to 2008, Mr. Oberting served as Executive Vice President and Chief Financial Officer of Montpelier Re Holdings, Ltd. Mr. Oberting previously worked for White Mountains entities from 1995 to 2004 in various capacities. Prior to White Mountains, Mr. Oberting was a trader at CS First Boston (Japan) from 1993 to 1995.

Gary Tolman

Mr. Gary Charles Tolman is an Director of the Company. Mr. Tolman served as the President and Chief Executive Officer of Esurance, the direct-to-consumer personal auto insurance company, from 2000 until his retirement in 2015. Mr. Tolman also served as the Chairman of the Board of Directors for Answer Financial, one of the country’s largest personal lines insurance agencies. Prior to joining Esurance in 1999, Mr. Tolman served as the President and Treasurer of Talegen Holdings, formerly the property and casualty insurance operations of Xerox Corporation. Before Talegen, Mr. Tolman worked at Fireman’s Fund Insurance Company for 15 years, serving in a number of capacities and leaving as Senior Vice President and Chief Financial Officer of its reinsurance company. Mr. Tolman is on the Board of Governors of the International Tennis Hall of Fame and has also served on the boards of a number of insurance and insurance services companies during his 40-year career in the property and casualty insurance industry.

Yves Brouillette

Mr. Yves Brouillette is an Independent Director of White Mountains Insurance Group, Ltd. He has been the President of Beluca Investment, Inc. since 2005. Previously, Mr. Brouillette had been with ING since 1989, serving in many leadership positions at ING companies, including most recently as the CEO for ING Latin America operations in Mexico, Brazil, Chile and Peru (2002-2005). Mr. Brouillette is a director of Intact Financial Corporation (formerly ING Canada), where he serves on the Audit and Risk Committees, and was the Chairman of the Board (2003-2007). Mr. Brouillette is an actuary and has over 30 years of experience in the property and casualty insurance industry in North and South America.

A. Michael Frinquelli

Mr. A. Michael Frinquelli is an Independent Director of White Mountains Insurance Group, Ltd. Mr. Frinquelli is co-founder and Manager of Renaissance Fund Advisors, Inc. Until 2004, Mr. Frinquelli was a general partner of Renaissance Executive Partners, which he co-founded in April 1997. Prior to that, he was a managing director at Merrill Lynch and a managing director at Salomon Brothers. Mr. Frinquelli also served as a director for Primus Financial Products, LLC, a wholly-owned subsidiary of Primus Guaranty, Ltd. from 2004 until 2010. Mr. Frinquelli is a Chartered Financial Analyst and has extensive insurance industry expertise, serving as an insurance industry equity analyst for almost 35 years.

Edith Holiday

Ms. Edith E. Holiday .,J.D., is an Independent Director of White Mountains Insurance Group, Ltd. Ms. Holiday formerly served as Operating Trustee for TWE Holdings I and II Trusts from 2002 to 2007. Ms. Holiday was also the President, Secretary and Treasurer of Comcast TW Holdings, Inc. from 2006-2007. From 1990 to 1993 Ms. Holiday served as Assistant to the President of the United States and Secretary of the Cabinet. From 1989 to 1990 she was General Counsel to the United States Treasury Department. Ms. Holiday also holds directorships at Canadian National Railway Company (since 2001), RTI International Metals, Inc. (since 1999), Hess Corporation (since 1993), where she also serves on the Audit Committee, and is a director or trustee of 42 investment companies in the Franklin Templeton Group of Mutual Funds (since 1996). Ms. Holiday also served as a Director for the H. J. Heinz Company (from 1995 until 2013). Ms. Holiday has extensive board-level experience across diverse industries and significant experience with the U.S. Federal government.

Lowndes Smith

Mr. Lowndes Andrew Smith is an Independent Director of White Mountains Insurance Group, Ltd. Mr. Smith has served as Managing Partner of Whittington Gray Associates since 2001. Mr. Smith formerly served as Vice Chairman of The Hartford Financial Services Group, Inc. (1989-2001) and President and CEO of Hartford Life Insurance Company (1989-2001). Mr. Smith serves as Chairman of the Board and a member of the Compensation Committee of OneBeacon, and as Chairman of the Board and a member of the Audit, Compensation and Executive Committees of Symetra Financial Corporation. Mr. Smith has more than 40 years of experience in the insurance industry as well as broad management and financial experience.

Basic Compensation

Name Fiscal Year Total

Morgan Davis

2,533,380

George Rountree

3,737,760

David Foy

5,521,130

Allan Waters

8,178,370

Timothy Miller

4,410,970

J. Brian Palmer

--

Robert Seelig

4,626,420

Reid Campbell

4,714,480

Kernan Oberting

3,282,530

Gary Tolman

2,033,540

Yves Brouillette

--

A. Michael Frinquelli

--

Edith Holiday

--

Lowndes Smith

--
As Of  30 Dec 2015