Edition:
United States

ProAssurance Corp (PRA.N)

PRA.N on New York Stock Exchange

40.82USD
12 Dec 2018
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Summary

Name Age Since Current Position

William Starnes

69 2012 Chairman of the Board, President, Chief Executive Officer

Edward Rand

51 2018 Chief Financial Officer, Chief Operating Officer, Executive Vice President

Michael Boguski

55 2014 President of Eastern Insurance

Ross Taubman

60 President, Chief Medical Officer of PICA

Jeffrey Lisenby

49 2017 Executive Vice President, General Counsel, Secretary, head of the corporate Legal Department

Frank O'Neil

64 2001 Senior Vice President, Chief Communications Officer

Howard Friedman

59 2017 President, Healthcare Professional Liability Group, Chief Underwriting Officer, Chief Actuary

Thomas Wilson

56 2018 Lead Director

Kedrick Adkins

65 2018 Director

Bruce Angiolillo

65 2016 Independent Director

Samuel Di Piazza

67 2014 Independent Director

Robert Flowers

68 2018 Independent Director

Magnus Gorrie

55 2012 Independent Director

Ziad Haydar

55 2015 Independent Director

John McMahon

75 2002 Independent Director

Frank Spinosa

63 2012 Independent Director

Katisha Vance

43 2017 Independent Director

Biographies

Name Description

William Starnes

Mr. William Stancil Starnes, Esq., is the Chairman of the Board, President, Chief Executive Officer of ProAssurance Corporation. Mr. Starnes previously served as President, Corporate Planning and Administration of Brasfield & Gorrie, Inc., a large national commercial contractor. Prior to 2006, Mr. Starnes served as the Senior and Managing Partner of the law firm of Starnes & Atchison, LLP, where he was extensively involved with ProAssurance and its predecessors in the defense of healthcare professional liability claims for over 25 years. Mr. Starnes currently serves as a director of Infinity Property and Casualty Corporation, a public insurance holding company, where he serves on the Audit and Investment Committees. He is also on the Board of Directors of National Commerce Corporation, located in Birmingham, Alabama, where he serves as Chairman of the Nominating and Corporate Governance Committee, Chairman of the Pricing Committee and is a member of the Compensation Committee.

Edward Rand

Mr. Edward L. Rand, Jr., CPA., is the Chief Financial Officer, Chief Operating Officer, Executive Vice President of ProAssurance Corporation. Mr. Rand previously served as our Senior Vice President of Finance upon joining ProAssurance in 2004. Prior to joining ProAssurance, Mr. Rand was the Chief Accounting Officer and Head of Corporate Finance for PartnerRe Ltd. Prior to that time Mr. Rand served as the Chief Financial Officer of Atlantic American Corporation.

Michael Boguski

Mr. Michael L. Boguski is the President of Eastern Insurance, a subsidiary of the Company. Prior to the acquisition of Eastern, he served as President and Chief Executive Officer of Eastern, and first joined Eastern in 1997. He has 26 years of insurance industry experience.

Ross Taubman

Dr. Ross E. Taubman is the President, Chief Medical Officer - Podiatric Insurance Company of America (PICA), a subsidiary of ProAssurance Corporation. Prior to joining PICA, Dr. Taubman practiced podiatry for 26 years. During that time, Dr. Taubman served as Treasurer, Vice-President and President of the Maryland Podiatric Medical Association. Dr. Taubman is a diplomate in the American Board of Podiatric Surgery.

Jeffrey Lisenby

Mr. Jeffrey P. Lisenby is the Executive Vice President, General Counsel, Corporate Secretary, head of the corporate Legal Department of ProAssurance Corporation. Mr. Lisenby is the Executive Vice President, General Counsel of the Company. He joined Medical Assurance, the predecessor to ProAssurance, in 2001 and has served as head of the corporate Legal Department since that time. Prior to joining Medical Assurance, he was in private practice in Birmingham, Alabama, from 1996 to 2001 and served as a judicial clerk for the United States District Court for the Northern District of Alabama from 1995 to 1996. Mr. Lisenby received his bachelor and law degrees from The University of Alabama. He is a member of the Alabama State Bar and the United States Supreme Court Bar and is a Chartered Property Casualty Underwriter.

Frank O'Neil

Mr. Frank B. O'Neil is the Senior Vice President, Chief Communications Officer of ProAssurance Corporation. Mr. O’Neil has previously served as our Senior Vice President of Corporate Communications, having joined our predecessor in 1987.

Howard Friedman

Mr. Howard H. Friedman is the President, Healthcare Professional Liability Group, Chief Underwriting Officer, Chief Actuary of ProAssurance Corporation. Mr. Friedman is the President of Healthcare Professional Liability Group, a subsidiary of the Company. Mr. Friedman has previously served as a Co-President of our Professional Liability Group, Chief Financial Officer, Corporate Secretary, and as the Senior Vice President of Corporate Development. Mr. Friedman joined our predecessor in 1996. Mr. Friedman is an Associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

Thomas Wilson

Mr. Thomas A.S. Wilson, Jr., M.D., is the Lead Director of ProAssurance Corporation. Dr. Wilson is a board-certified neurosurgeon with Neurosurgical Associates, P.C., in Birmingham, Alabama. He holds a B.S. in natural science and mathematics from Washington & Lee University and an M.D. from Vanderbilt University. He completed an internship in general surgery and a residency in neurosurgery at Bowman Gray School of Medicine, Wake Forest University.

Kedrick Adkins

Mr. Kedrick D. Adkins Jr., is the Director of ProAssurance Corporation. Mr. Adkins is a first-time nominee for election to the Board of Directors. Prior to his retirement in December 2017, Mr. Adkins served as the Chief Financial Officer for the Mayo Clinic for four years. He also served as the President of Integrated Services of Trinity Health Care from 2007 to 2014. Prior to his service at Trinity Health Care, Mr. Adkins had a 30-year tenure at Accenture, a global management consulting firm. Mr. Adkins holds a B.S. in Industrial and Operations Engineering and an M.B.A. in Finance and Accounting from the University of Michigan. In addition, Mr. Adkins is a certified public accountant. In the past five years, Mr. Adkins has served on the Advisory Board of Welsh, Carson, Anderson & Stowe, an investment firm specializing in healthcare and technology, and the board of directors for Christus Health, the University of Michigan Hospital System, and Medical Memory, a medical technology startup.

Bruce Angiolillo

Mr. Bruce D. Angiolillo, Esq., is an Independent Directorof ProAssurance Corporation. Mr. Angiolillo is a retired partner of Simpson Thacher & Bartlett LLP, New York, New York. Mr. Angiolillo joined Simpson Thacher in 1980 and developed a practice in the areas of securities and other complex commercial litigation before his retirement on December 31, 2014. Following his retirement at Simpson Thacher, Mr. Angiolillo was employed from January 1, 2015 until June 30, 2015, as general counsel for TK Holdings, Inc., which is a subsidiary of Takata Corporation, a global automotive parts manufacturer and supplier based in Auburn Hills, Michigan.

Samuel Di Piazza

Mr. Samuel A. Di Piazza, Jr., is an Independent Director of ProAssurance Corporation. Mr. Di Piazza is a member of the Board of Trustees of Mayo Clinic and was appointed its Chairman in February 2014. Mr. Di Piazza served as Vice Chairman of the Institutional Clients Group of Citibank from 2011 until his retirement from Citibank in February, 2014. Prior to his service with Citibank, Mr. Di Piazza was a partner with PricewaterhouseCoopers LLP (and its predecessor, Coopers & Lybrand) for thirty years. During his tenure at PricewaterhouseCoopers LLP he served as the Global Chief Executive Officer of PricewaterhouseCoopers International Limited from 2002 to 2009. He also served as Chairman and Senior Partner at PricewaterhouseCoopers US, was a member of the firm’s Global Leadership Team, led the firm’s US and American Tax Practices, and led the local offices in Chicago, New York City, and Birmingham, Alabama. Mr. Di Piazza serves as a director for DIRECTV (NASDAQ: DTV), a public satellite provider of entertainment programming.

Robert Flowers

Dr. Robert E. Flowers, M.D., is an Independent Director of ProAssurance Corporation. Prior to June 2001, Dr. Flowers served as a director of our insurance subsidiary, ProAssurance Indemnity Company, Inc. (formerly, The Medical Assurance Company, Inc.) from 1985 to 2001, and as a director of its former holding company, Medical Assurance, Inc. (1995-2001). Dr. Flowers practiced as a physician with Gynecology Associates of Dothan P.C., Dothan, Alabama, prior to his retirement in 2001.

Magnus Gorrie

Mr. Magnus James Gorrie is an Independent Director of ProAssurance Corporation. Mr. Gorrie is the President and Chief Executive Officer of Brasfield & Gorrie, Inc. in Birmingham, Alabama, a construction firm with recent annual revenues in excess of $2 billion. He holds a B.S. in Building Science from Auburn University and serves as a Director of First Commercial Bank (a division of Synovus Bank, one of the largest community banks in the Southeast) and Energen Corporation (NYSE: EGN) in Birmingham, a public oil and gas exploration and production company.

Ziad Haydar

Dr. Ziad R. Haydar, M.D. is an Independent director of ProAssurance Corporation. Dr. Haydar is Senior Vice President and Chief Clinical Officer of Ascension Health in St. Louis Missouri. Ascension Health is the largest not-for-profit and largest Catholic health system in the United States. Dr. Haydar began his tenure at Ascension Health in 2010 as its Vice President Clinical Excellence and Physician Integration until he was promoted to Vice President and Chief Medical Officer in 2011 until his appointment to his current position in July 2015. Prior to 2010, Dr. Haydar was an executive with Baylor Health Care System in Dallas Texas. Dr. Haydar received his M.D. degree from American University in Beirut, trained in Family Medicine at the Medical University of South Carolina, and completed a fellowship in Geriatrics and Gerontology at Johns Hopkins University School of Medicine.

John McMahon

Mr. John J. McMahon, Jr., Esq., is an Independent Director of ProAssurance Corporation. Mr. McMahon has served as Chairman of Ligon Industries, a manufacturer of waste water treatment equipment, aluminum castings and hydraulic cylinders, following his service as Chairman of the executive committee of McWane, Inc. in Birmingham, Alabama, from 1999 until December 31, 2005. Mr. McMahon formerly served as a director of Protective Life Corporation Protective Life Corporation, a public insurance holding company until its sale in February 2015 and also director of Alabama National BanCorporation and John H. Harland Company.

Frank Spinosa

Dr. Frank A. Spinosa is an Independent Director of ProAssurance Corporation. Dr. Spinosa is a board-certified podiatrist and is a partner and founder of Shelter Island Podiatry Associates in Shelter Island, New York. Dr. Spinosa serves as a member of the Board of Trustees of the American Podiatric Medical Association and is its Immediate Past President. Dr. Spinosa is also a past president of the New York State Podiatric Medical Association. He has taught as an Associate Professor of Radiology at the New York College of Podiatric Medicine.

Katisha Vance

Dr. Katisha T. Vance, M.D. is an Independent Director of ProAssurance Corporation since May 2017. Dr. Vance is a board-certified oncologist / hematologist practicing at Birmingham Hematology and Oncology (d/b/a Alabama Oncology) in Birmingham, Alabama. She is also the President of the Jefferson County Medical Society. Dr. Vance received her M.D. degree from the University of Alabama School of Medicine in Birmingham, Alabama, trained in internal medicine at Baptist Health System in Birmingham, Alabama, and completed a fellowship in medical oncology and hematology at the University of Alabama at Birmingham.

Basic Compensation

Name Fiscal Year Total

William Starnes

3,679,440

Edward Rand

1,735,910

Michael Boguski

2,031,290

Ross Taubman

1,229,720

Jeffrey Lisenby

1,370,860

Frank O'Neil

--

Howard Friedman

1,737,730

Thomas Wilson

117,292

Kedrick Adkins

--

Bruce Angiolillo

140,810

Samuel Di Piazza

154,792

Robert Flowers

146,292

Magnus Gorrie

117,292

Ziad Haydar

116,310

John McMahon

127,292

Frank Spinosa

141,810

Katisha Vance

92,644
As Of  30 Dec 2017