Greenlight Capital Re: Pay

Greenlight Capital Re paid its 5 named executives $8.5M in total in FY2025 (Dec). CEO Greg Richardson was paid $3.3M of that.

Pay$100 in the stock at the end of FY20 → $208
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Greg RichardsonChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
Patrick O’BrienChief Operating Officer & Chief Executive Officer, GRIL
FY2025 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
4 years
Thomas CurnockGroup Chief Underwriting Officer & Chief Risk Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Faramarz RomerChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years
Brian O'ReillyHead of Innovations
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 8 peers with pay on file was $9.3M. The CEO of Greenlight Capital Re was paid $3.3M, 64% below the median.

  1. 1Arch Capital Group
  2. 2Renaissancere Holdings
  3. 3SiriusPoint
  4. 4Axis Capital Holdings
  5. 5Hamilton Insurance Group
  6. 6Kinsale Capital Group
  7. 7Greenlight Capital Re
  8. 8Employers Holdings
  9. 9James River Group Holdings
  10. 10Conduit Holdings LimitedNot disclosed
  11. 11Everest GroupNot disclosed
  12. 12Hiscox Ltd.Not disclosed
  13. 13Lancashire Holdings LimitedNot disclosed
  14. 14Proassurance CorporationNot disclosed
  15. 15United Fire GroupNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.