Michael McColgan - Employers Holdings Independent Director

EIG Stock  USD 53.58  0.34  0.64%   

Director

Mr. Michael J. McColgan serves as Independent Director of the Company effective July 1, 2017. He also serves as a Director of Tufts Health Plan, Inc., Tufts Associated Health Maintenance Organization, Inc., and Tufts Associated Plans, Inc. Until July 2017, Mr. McColgan was a Partner with PricewaterhouseCoopers LLP providing assurance, risk management, business advisory, and other services to clients primarily in the Financial Services Industry. During his 38 year career with PwC, including 27 years as a Partner, Mr. McColgan held various leadership positions, including serving as the East Region Assurance Leader, the Firm largest Assurance Practice, Managing Partner of the New York Metro Insurance Practice and Managing Partner of the Northeast Financial Services and Insurance Practices. He was also a member of the PwC Extended Leadership Team and served as the Global Engagement Partner for several of PwC largest insurance company clients since 2017.
Age 64
Tenure 7 years
Address 2340 Corporate Circle, Henderson, NV, United States, 89074
Phone888 682 6671
Webhttps://www.employers.com
McColgan received a Bachelor degree in accounting from Villanova University, is a Certified Public Accountant, and is a member of the American and Pennsylvania Institutes of Certified Public Accountants.

Michael McColgan Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael McColgan against Employers Holdings stock is an integral part of due diligence when investing in Employers Holdings. Michael McColgan insider activity provides valuable insight into whether Employers Holdings is net buyers or sellers over its current business cycle. Note, Employers Holdings insiders must abide by specific rules, including filing SEC forms every time they buy or sell Employers Holdings'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Employers Holdings Management Efficiency

The company has Return on Asset of 0.0302 % which means that on every $100 spent on assets, it made $0.0302 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1351 %, implying that it generated $0.1351 on every 100 dollars invested. Employers Holdings' management efficiency ratios could be used to measure how well Employers Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The Employers Holdings' current Return On Capital Employed is estimated to increase to 0.04, while Return On Tangible Assets are projected to decrease to 0.03. At this time, Employers Holdings' Intangibles To Total Assets are most likely to increase slightly in the upcoming years. The Employers Holdings' current Debt To Assets is estimated to increase to 0.06, while Total Current Assets are projected to decrease to roughly 867.5 M.
Employers Holdings has 5.9 M in debt with debt to equity (D/E) ratio of 0.14, which may show that the company is not taking advantage of profits from borrowing. Employers Holdings has a current ratio of 2.2, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Employers to invest in growth at high rates of return.

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Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada. Employers Holdings operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 608 people. Employers Holdings (EIG) is traded on New York Stock Exchange in USA. It is located in 2340 Corporate Circle, Henderson, NV, United States, 89074 and employs 717 people. Employers Holdings is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Employers Holdings Leadership Team

Elected by the shareholders, the Employers Holdings' board of directors comprises two types of representatives: Employers Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Employers. The board's role is to monitor Employers Holdings' management team and ensure that shareholders' interests are well served. Employers Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Employers Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christina Ozuna, Senior Officer
Katherine Antonello, President, Chief Executive Officer, Director
Valerie Glenn, Independent Director
FCAS FSA, CEO Pres
Lindsey Rynard, Senior Officer
Joao Figueiredo, Independent Director
Bertrum Carroll, Chief VP
Kelley Kage, Senior Officer
Raymond Wise, VP Officer
Michael Paquette, Chief Financial Officer, Executive Vice President, IR Contact Officer
Vicki Mills, Vice President - Investor Relations
Jeffrey Shaw, Executive Vice President, Chief Information Officer
Richard Blakey, Independent Director
Christopher Laws, Executive Vice President Chief Actuary
Michael McSally, Independent Chairman of the Board
Dennis Dix, VP Innovation
Barbara Higgins, Independent Director
George Carbonar, Vice Controller
James Kroner, Independent Director
Prasanna Dhore, Independent Director
Matthew Hendricksen, Senior Investments
Stephen Festa, Chief Operating Officer, Executive Vice President
Ann Smith, Senior Officer
Michael CPA, Executive CFO
Jeanne Mockard, Independent Director
Lori Brown, Executive Vice President, General Counsel, Secretary, Chief Legal Officer
Ty Vukelich, Vice Marketing
Tracey Berg, Executive Vice President, Chief Innovation Officer
Alejandro Tenessa, Director
Douglas Dirks, CEO and President Director, Member of Executive Committee and Member of Fin. Committee
John Mutschink, Executive Vice President Chief Administrative Officer
Lori JD, Chief VP
Michael McColgan, Independent Director

Employers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Employers Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Employers Holdings is a strong investment it is important to analyze Employers Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Employers Holdings' future performance. For an informed investment choice regarding Employers Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Employers Holdings. If investors know Employers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Employers Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.246
Dividend Share
1.16
Earnings Share
5.34
Revenue Per Share
35.199
Quarterly Revenue Growth
0.101
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.