Mercury General Corporation (MCY)

54.70 -0.76 (-1.37%) At close: 04:00PM EDT

Mercury General Corporation

4484 Wilshire Boulevard
Los Angeles, CA 90010
United States
323 937 1060
https://www.mercuryinsurance.com

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full-time employees: 4,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. George Victor Joseph	Executive Chairman of the Board	1.63M	N/A	1922
Mr. Gabriel Tirador	CEO & Director	1.7M	N/A	1965
Mr. Theodore Robert Stalick	Senior VP & CFO	1.06M	N/A	1963
Mr. Christopher Wadewitz Graves	VP & Chief Investment Officer	871.55k	N/A	1966
Mr. Wilson Pang B.E.	VP & Chief Technology Officer	1.11M	N/A	1977
Mr. Victor George Joseph	President, COO & Director	523.54k	N/A	1987
Mr. Brandt N. Minnich	VP & Chief Sales Development Officer	N/A	N/A	1967
Mr. Erik Dahl Thompson	VP & Chief Marketing Officer	N/A	N/A	1969
Ms. Heidi C. Sullivan	VP & Chief Human Capital Officer	N/A	N/A	1969
Mr. Randall R. Petro	VP & Chief Claims Officer	N/A	N/A	1964

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. The company sells its policies through a network of independent agents, insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.

Corporate governance

Mercury General Corporation’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 7; Board: 7; Shareholder rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.