David B. Weinstock is the Senior Vice President and Chief Financial Officer of Essent Group Ltd., having taken on this role in March 2023. His career spans over 25 years in finance, accounting, and controls, showing a solid track record...

Number of Employees

526

Year

2023

Total Compensation

$1.00M

Salary

$375.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation to attract and retain top talent while aligning executive interests with those of shareholders.

Bonus

$562.50K

Board Justification

The annual incentive bonus for 2023 was based on performance relative to Company and individual objectives, with a target of 100% of base salary, resulting in a payout of 150% of the target.

Other

$64.08K

Board Justification

Other compensation includes financial planning services and matching contributions to the 401(k) plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the awards are subject to time-based vesting and performance metrics that have not yet been met.

Performance Metrics

Performance metrics include annual and long-term strategic and corporate goals, focusing on financial, operational, and strategic results.

SEC Filing

From March 29, 2024

David B. Weinstock

CEO of Essent Group

E

Education

BS in accounting from The Pennsylvania State University

Field of Expertise

Finance & Banking - Finance

Born

March 1, 1964 - 60 years ago

Is Founder?

No

Current Tenure

1 year 9 months (Mar 2023 - Present)

Previous Experience

Interim Chief Financial Officer since June 28, 2022; Vice President and Chief Accounting Officer since 2009; Senior management positions at Advanta Corp.