The estimated Net Worth of Michael J. Morrissey is at least $3.28 Million dollars as of 6 February 2023. Mr. Morrissey owns over 4,000 units of Selective Insurance stock worth over $1,101,204 and over the last 17 years he sold SIGI stock worth over $1,982,866. In addition, he makes $200,086 as Independent Director at Selective Insurance.
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Mr. Morrissey SIGI stock SEC Form 4 insiders trading
Michael has made over 19 trades of the Selective Insurance stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 4,000 units of SIGI stock worth $404,840 on 6 February 2023.
The largest trade he's ever made was exercising 8,500 units of Selective Insurance stock on 17 November 2011 worth over $98,600. On average, Michael trades about 1,073 units every 73 days since 2008. As of 6 February 2023 he still owns at least 12,578 units of Selective Insurance stock.
You can see the complete history of Mr. Morrissey stock trades at the bottom of the page.
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Michael Morrissey biography
Michael J. Morrissey serves as Independent Director of the Company. Mr. Morrissey has 46 years of insurance industry experience. He is the head of an international insurance research organization, previously managed an investment firm specializing in insurance companies, and was president and chief investment officer of an insurance company. Mr. Morrissey is very knowledgeable about the insurance industry, the investment community, investor relations, and the analysis of strategic transactions.
What is the salary of Michael Morrissey?
As the Independent Director of Selective Insurance, the total compensation of Michael Morrissey at Selective Insurance is $200,086. There are 10 executives at Selective Insurance getting paid more, with Gregory Murphy having the highest compensation of $7,945,260.
How old is Michael Morrissey?
Michael Morrissey is 72, he's been the Independent Director of Selective Insurance since 2008. There are no older and 19 younger executives at Selective Insurance.
Insiders trading at Selective Insurance
Over the last 21 years, insiders at Selective Insurance have traded over $60,375,738 worth of Selective Insurance stock and bought 79,651 units worth $3,087,740 . The most active insiders traders include Gregory E Murphy, Dale A Thatcher, and William M Rue. On average, Selective Insurance executives and independent directors trade stock every 29 days with the average trade being worth of $699,087. The most recent stock trade was executed by Terrence W Cavanaugh on 23 July 2024, trading 2,000 units of SIGI stock currently worth $171,700.
What does Selective Insurance do?
selective works together with our independent agency partners to create and deliver business and personal insurance solutions that best fit customers’ needs. providing insurance since 1926, selective has built a reputation with agents and customers for trust, integrity and service excellence, backed by an “a” (excellent) or better rating from insurance rating organization a.m. best co. since 1930. our customers can trust selective to be there when they need us because we know response is everything.® because time is crucial and communication is vital, selective empowers its employees to make timely decisions using robust technology tools, risk expertise and 24/7 claims service. a clear vision and strong commitment to values has been critical to selective’s success over time. “so valuable is the human element that i will not let this company lose the human touch which has been largely responsible for its success.” d.l.b. smith, founder
What does Selective Insurance's logo look like?
Complete history of Mr. Morrissey stock trades at Selective Insurance
Selective Insurance executives and stock owners
Selective Insurance executives and other stock owners filed with the SEC include:
-
Gregory Murphy,
Executive Chairman of the Board -
John Marchioni,
President, Chief Executive Officer, Director -
John Joseph Marchioni CPCU,
CEO, Pres & Employee Director -
Mark Wilcox,
Chief Financial Officer, Executive Vice President -
Michael Lanza,
Executive Vice President, Chief Compliance Officer, General Counsel -
Mark Alexander Wilcox,
Exec. VP & CFO -
Michael Haran Lanza,
Exec. VP, Gen. Counsel & Chief Compliance Officer -
J. Brian Thebault,
Lead Independent Director -
John Scheid,
Independent Director -
Robert Doherty,
Independent Director -
Michael Morrissey,
Independent Director -
John Burville,
Independent Director -
Thomas McCarthy,
Independent Director -
Terrence Cavanaugh,
Independent Director -
Cynthia Nicholson,
Independent Director -
Philip Urban,
Independent Director -
H. Elizabeth Mitchell,
Independent Director -
William Rue,
Non-Independent Director -
Stephen Mills,
Independent Director -
Wole Coaxum,
Independent Director -
Lisa Bacus,
Independent Director -
Ainar Aijala,
Independent Director -
Lucinda Bennett,
Exec. VP & Chief HR Officer -
Sarita G. Chakravarthi,
Sr. VP of Tax & Assistant Treasurer -
Jeffrey Francis Kamrowski,
Exec. VP of MUSIC -
Cyndi Bennett,
Exec. VP & Chief HR Officer -
Rohan Pai,
Sr. VP of Investor Relations & Treasurer -
John Patrick Bresney,
Exec. VP & Chief Information Officer -
Anthony David Harnett,
Sr. VP & Chief Accounting Officer -
Joseph Eppers CFA,
Sr. VP & Chief Investment Officer -
A David Brown,
Director -
Paul D Bauer,
Director -
Kelley Ronald L O,
Director -
Dale A Thatcher,
EVP, CFO & Tres -
Amy R. Carver,
EVP & Chief HR Officer -
W Marston Becker,
Director -
Richard F Connell,
Executive Vice President & Chi -
S Griffin Iii Mcclellan,
Director -
Kimberly J Burnett,
EVP & Chief HR Officer -
Joan M Lammtennant,
Director -
Clair Ronald E. St.,
EVP & CIO -
Steven B. Woods,
EVP, Human Resources -
Ronald J Zaleski,
EVP & Chief Act. -
William M Jr Kearns,
Director -
Kerry A Guthrie,
SVP & Cheif Inv. Off. -
Annabelle G Bexiga,
Director -
Mary T Porter,
EVP, Chief Claims Officer -
John F Rockart,
Director -
Jamie Iii Ochiltree,
Sr. Exec. Vice President -
Victor N Daley,
Executive Vice President -
C Edward Herder,
Director -
James W Jr Coleman,
Executive Vice President - Div -
Charles A Musilli,
Senior Vice President -
Eduard J Pulkstenis,
Senior Vice President -
Claude D Chevance,
Vice President and Controller -
James Mc Lain,
Senior Vice President -
William A Ii Dolan,
Director -
Sharon R Cooper,
SVP & Dir Comm -
Debra P Carter,
SVP & Dir. HR -
Robert J Schwarz,
Assistant Vice President and D -
Richard W Berstein,
Executive Vice President -
Vincent M Senia,
EVP, Chief Actuary -
Brenda M Hall,
EVP, COO, Standard Lines -
Joseph Eppers,
EVP, Chief Investment Officer -
Paul Kush,
EVP, Chief Claims Officer -
Anthony D. Harnett,
SVP, CAO and Interim CFO