Gene Mergelmeyer - Assurant CEO

AIZ Stock  USD 226.15  0.93  0.41%   

CEO

Mr. Gene E. Mergelmeyer is Chief Operating Officer, Executive Vice President of the Company. Mr. Mergelmeyer was appointed Chief Operating Officer effective July 2016. Before assuming his current position, Mr. Mergelmeyer served as Chief Administrative Officer of Assurant since August 2014 with responsibility for Assurants Technology Infrastructure Group and other corporate enterprise functions. He was appointed Chief Executive Officer of Assurant Specialty Property in August 2007 and President of Assurant Specialty Property and Executive Vice President of Assurant, Inc. in July 2007.. in July 2007. since 2016.
Age 61
Tenure 8 years
Address 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210
Phone770 763 1000
Webhttps://www.assurant.com

Assurant Management Efficiency

The company has Return on Asset of 0.0187 % which means that on every $100 spent on assets, it made $0.0187 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1522 %, implying that it generated $0.1522 on every 100 dollars invested. Assurant's management efficiency ratios could be used to measure how well Assurant manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Assurant's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. At this time, Assurant's Other Assets are fairly stable compared to the past year. Intangible Assets is likely to rise to about 725.2 M in 2024, whereas Total Assets are likely to drop slightly above 32.7 B in 2024.
Assurant has 2.08 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Assurant has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Assurant to invest in growth at high rates of return.

Similar Executives

Showing other executives

CEO Age

Terence McCaffertyJames River Group
60
Douglas DirksEmployers Holdings
60
Richard ThornberryRadian Group
66
Katherine AntonelloEmployers Holdings
55
David TrickAmbac Financial Group
53
Timothy CPAMGIC Investment Corp
48
Richard CPARadian Group
66
William FallonMBIA Inc
64
Gerry FrostAMERISAFE
53
Dominic FredericoAssured Guaranty
71
Timothy MattkeMGIC Investment Corp
48
Rohit GuptaEnact Holdings
49
Richard SchmitzerJames River Group
68
Claude CPAAmbac Financial Group
59
Claude LeBlancAmbac Financial Group
59
Daniel HeinleinJames River Group
38
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York. Assurant operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 15600 people. Assurant (AIZ) is traded on New York Stock Exchange in USA. It is located in 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210 and employs 13,600 people. Assurant is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

Assurant Leadership Team

Elected by the shareholders, the Assurant's board of directors comprises two types of representatives: Assurant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assurant. The board's role is to monitor Assurant's management team and ensure that shareholders' interests are well served. Assurant'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, Assurant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Manny Becerra, Chief Innovation Officer
John Pawloski, VP Officer
Robert Stein, Independent Director
Keith Meier, Chief Operating Officer, Executive Vice President
JeanPaul Montupet, Independent Director
Dimitry DiRienzo, Senior Vice President Chief Accounting Officer, Controller
Biju Nair, President - Global Connected Living Business
Keith Demmings, Executive Vice President and Presidentident - Global Lifestyle
Federico Bunge, President - Assurant Latin America
R Conner, Senior Risk
Lawrence Jackson, Independent Director
Mariana Wisk, Senior Vice President, Corporate Secretary
Vadim Lipovetsky, Chief Investment Officer
Elaine Rosen, Independent Non-Executive Chairman of the Board and Presidentiding Director
Gene Mergelmeyer, Chief Admin. Officer, Executive VP, CEO of Assurant Specialty Property and President of Assurant Specialty Property
Claude Sarfo, Chief Europe
Stacie Sherer, Vice Communications
Debra Perry, Independent Director
Deborah Cornwell, Senior Vice President - Customer Experience
Tammy Schultz, Executive Vice President and Presidentident - Global Preneed
Suzanne Shepherd, IR Contact Officer
Subhashish Sengupta, Chief Officer
Alecia Bailey, Equity Diversity
Paget Alves, Independent Director
Juan Cento, Independent Director
Richard Dziadzio, Chief Financial Officer, Executive Vice President
Harriet Edelman, Independent Director
Jay Rosenblum, Senior Vice President - Government Relations and Regulatory Affairs
Robyn Stonehill, Chief Human Resource Officer, Executive Vice President
Braxton Carter, Director
Michael Campbell, Executive Vice President and Presidentident - Global Housing
Ognjen Redzic, Independent Director
Alan Colberg, President, Chief Executive Officer, Director
Sanida Bratt, Senior Vice President - Emerging Solutions
Joseph III, Senior Officer
Francesca Luthi, Executive Vice President, Chief Administrative Officer
Paul Cosgrove, President - Canadian operations
Manuel Becerra, Executive Officer
Christian Formby, President Europe
Chandra Wilensky, Senior Vice President Talent
J Carter, Independent Director
Paul Reilly, Independent Director
Sean Moshier, Vice Relations
Carey Roberts, Executive Vice President Chief Legal Officer and Corporate Secretary
Robert Lonergan, Executive Vice President and Chief Strategy and Risk Officer

Assurant 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 Assurant 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Assurant Stock Analysis

When running Assurant's price analysis, check to measure Assurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.