People: Universal Insurance Holdings Inc (UVE.A)

UVE.A on American Stock Exchange

2 Dec 2013
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$0.61 (+4.92%)
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Downes, Sean 

Mr. Sean P. Downes is Chairman of the Board, President, Chief Executive Officer of Universal Insurance Holdings Inc., since February 22, 2013. Prior to becoming President and Chief Executive Officer, Mr. Downes served as Senior Vice President and Chief Operating Officer of the Company since January 2005 and Chief Operating Officer of Universal Property & Casualty Insurance Company (“UPCIC”), a wholly-owned subsidiary of the Company, since July 2003. Mr. Downes has served as a director of the Company since 2005 and as a director of UPCIC since 2003. Mr. Downes was elected as Chairman of the Board in July 2013. Prior to joining UPCIC, Mr. Downes was Chief Operating Officer of Universal Adjusting Corporation, a wholly-owned subsidiary of the Company, from July 1999 to July 2003. During that time, Mr. Downes created the Company’s claims operation. Before joining a subsidiary of the Company in July 1999, Mr. Downes was Vice President of Downes and Associates, a multi-line insurance adjustment corporation. Mr. Downes has over 25 years of experience in the insurance industry.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
2,219,390 -- 4,735,730 9,395,120

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 200,000 332,000.00
Name Fiscal Year Total

Sean Downes


Frank Wilcox


Jon Springer


Stephen Donaghy


Kimberly Cooper


Scott Callahan

As Of  30 Dec 2013
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