Lee M. Shavel has been the CEO of Verisk Analytics, Inc. since May 2022, taking over after Scott G. Stephenson retired. He has a strong background in finance, having previously served as the Chief Financial Officer at Nasdaq, Inc. and...

Current Market Cap

$38.33B

Number of Employees

7.5K

Total Compensation

2022 - 2023

Trending up by 7.89% last year
Showing total compensation for the last 2022 - 2023

Stock

Down by -100.00% last year

Salary

Up by 2.78% last year

Bonus

Up by 75.96% last year

Other

Up by 44.64% last year

Year

2023

Total Compensation

$2.97M

Salary

$925.00K

Board Justification

The compensation philosophy aims to attract and retain skilled employees, linking compensation to company performance and shareholder value, with a significant portion of NEO compensation in the form of long-term equity awards.

Bonus

$2.00M

Board Justification

The bonus is based on a target STI award of 150% of base salary, with actual payout determined by company performance metrics including revenue and adjusted EBITDA, resulting in a performance multiplier of 138%.

Other

$37.56K

Board Justification

Includes a 401(k) Savings Plan matching contribution of $19,800 and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock was reported for 2023 as the focus is on performance-based stock units that are not included in the total compensation calculation.

Performance Metrics

The performance metrics for 2023 included revenue and adjusted EBITDA, with specific targets set for each.

SEC Filing

From April 5, 2024

Lee M. Shavel

CEO of Verisk Analytics, Inc.

V

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1969 - 55 years ago

Is Founder?

No

Current Tenure

2 years 4 months (May 2022 - Present)

Previous Experience

Chief Financial Officer of Nasdaq, Inc. from 2011 to 2016, Americas Head of Financial Institutions Investment Banking at Bank of America Merrill Lynch, Global COO for the Financial Institutions Group at Merrill Lynch.

View Holdings

Insider Holdings of Lee M. Shavel

FDSNDAQVRSK

$40.97M

$8.43M (25.91%)

Last Insider Trade

VRSK

$266.18K

VRSK at $266.18/share

Aug 15, 2024

Sale