William Verity - American Financial Independent Director

AFG Stock  USD 149.08  2.61  1.78%   

Director

Mr. William W. Verity is an Independent Director of American Financial Group, Inc., since 2002. He was President of Verity Investment Partners, an investment management company, since January 1, 2002, and prior to that, he was a partner of Pathway Guidance L.L.C., an executive consulting firm, from October 2000. Previously, Mr. Verity was Chairman and Chief Executive Officer of ENCOR Holdings, Inc., a developer and manufacturer of plastic molded components and worked as an associate in corporate finance at Alex. Brown Sons, an investment bank, from 1985 to 1987. From 1994 to 2002, he served on the Board of Directors of Chiquita Brands International, Inc., a leading international food products marketer and distributor since 2002.
Age 61
Tenure 22 years
Address 301 East Fourth Street, Cincinnati, OH, United States, 45202
Phone513 579 2121
Webhttps://www.afginc.com
Verity’s position as the principal executive officer of a privately held company, his over ten years of experience with complex asset management issues as a result of his position with Verity and Verity, LLC, and his service on the Board of Chiquita, qualify him for membership on the Company’s Board and Corporationrationrationrate Governance and Compensation Committees. In addition, Mr. Verity’s executive consulting experience provides him insight into highlevel corporate governance, executive compensation matters and business management matters, all of which the Company and the Board deal with on a regular basis.

American Financial Management Efficiency

The company has Return on Asset of 0.0249 % which means that on every $100 spent on assets, it made $0.0249 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.206 %, implying that it generated $0.206 on every 100 dollars invested. American Financial's management efficiency ratios could be used to measure how well American Financial manages its routine affairs as well as how well it operates its assets and liabilities. The American Financial's current Return On Equity is estimated to increase to 0.21, while Return On Tangible Assets are projected to decrease to 0.02. At this time, American Financial's Other Assets are most likely to decrease significantly in the upcoming years. The American Financial's current Total Current Assets is estimated to increase to about 2.8 B, while Intangible Assets are projected to decrease to roughly 493.5 M.
American Financial Group has 1.48 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. American Financial has a current ratio of 1.75, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Stephen HasenmillerHorace Mann Educators
68
Bruce AngiolilloProAssurance
67
Laurie ThomsenThe Travelers Companies
63
Robert ScullyChubb
71
Karen PallottaStewart Information Services
56
Seth GerschGlobal Indemnity PLC
72
Jose MontemayorCNA Financial
70
Robert HernandezChubb
73
Charles DavisProgressive Corp
72
Deborah MatzStewart Information Services
69
Clifford BradleyStewart Information Services
68
Donald BrownThe Allstate
48
Andre RiceCNA Financial
63
Lacy JohnsonKemper
68
David StorchKemper
67
Eugene ShanksChubb
73
Christopher SarofimKemper
57
Margaret KeaneThe Allstate
60
Benjamin TischCNA Financial
38
Ziad HaydarProAssurance
57
Robert RestrepoRLI Corp
70
American Financial Group, Inc., an insurance holding company, provides specialty property and casualty insurance products in the United States. American Financial Group, Inc. was founded in 1872 and is headquartered in Cincinnati, Ohio. American Financial operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 6600 people. American Financial Group (AFG) is traded on New York Stock Exchange in USA. It is located in 301 East Fourth Street, Cincinnati, OH, United States, 45202 and employs 8,500 people. American Financial is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

American Financial Leadership Team

Elected by the shareholders, the American Financial's board of directors comprises two types of representatives: American Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Financial's management team and ensure that shareholders' interests are well served. American Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vito Peraino, Senior Vice President General Counsel
Kenneth Ambrecht, Independent Director
S Lindner, Co-President, Co-Chief Executive Officer, Director
Brian CPA, Senior CFO
Michelle Gillis, Senior Vice President Chief Administrative Officer
Michelle SPHR, Chief VP
Evans Nwankwo, Independent Director
James Evans, Director, Executive Consultant
Michael Prager, Executive Operations
Brian Hertzman, Interim Principal Financial Officer, Principal Accounting Officer
John Rogers, Vice President and Chief Information Security Officer
Stephen Lindner, Co-President Co-CEO, Director
Gregory Joseph, Lead Independent Director
Robert Dee, VP Controller
Terry Jacobs, Independent Director
Amy Murray, Independent Director
John Lehman, Independent Director
Karl JD, Assistant VP
Mary Martin, Independent Director
Vito Esq, Sr Counsel
Carl Lindner, Co-President, Co-Chief Executive Officer, Director
David Thompson, President Group
John Berding, President of American Money Management Corporation, Director
Timothy Minard, Ex Operations
Joseph Alter, Deputy VP
William Verity, Independent Director
Diane Weidner, Assistant Vice President Investor Relations
Mark Weiss, Assistant VP
Carl III, CoCEO Director
Mark Muething, COO President
Annette Gardner, VP Treasurer
Virginia Drosos, Independent Director
Christopher Miliano, Executive Operations
Diane CPA, Vice Relations
John CPA, President Director

American 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 American Financial 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 American Financial is a strong investment it is important to analyze American Financial's 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 American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Multi-line 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 American Financial. If investors know American 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 American Financial 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
0.032
Dividend Share
2.93
Earnings Share
10.85
Revenue Per Share
94.463
Quarterly Revenue Growth
0.108
The market value of American Financial is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial's 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 American Financial's market value can be influenced by many factors that don't directly affect American Financial's 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 American Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial's 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.