Sundar PichaiSundar Pichai earned $164M in 2023

Dominic J. Frederico, born on May 1, 1951, is a seasoned leader in the finance sector, particularly known for his role as CEO at Assured Guaranty. Since joining the company, he has driven impressive results in public finance, overseeing significant...

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Dominic J. Frederico

CEO of Assured Guaranty

Education

Bachelor's degree in Economics from Rutgers University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

March 1, 1953 - 72 years ago

CEO of Assured Guaranty for

20 years 10 months (Jul 2004 - Present)

Previous Experience

President and COO of ACE Limited

Holdings

See how much did Dominic J. Frederico make over time.

Frederico has a varied portfolio of company holdings, primarily focused on Assured Guaranty. His reliance on company stocks has fluctuated, with significant wealth tied to performance-based stock options. Over the years, his stake has been managed with caution, especially amidst...

Total Stock Sold

$41.64M

AGO

$41.64M

784,356.114 AGO shares

What if they kept their stock?

If Dominic J. Frederico didn't sell their stock, today they would have:
Extra AGO784,356.114 shares worth $19.68M.
This is -52.74% and $21.96M less than what they got when they sold the stock.

Charitable Transactions

AGO

945,852 shares

AGO

Recent Charitable Transactions

AGO

18,150 shares

AGO

Sep 4, 2024

Charity

AGO

4,460 shares

AGO

Dec 5, 2023

Charity

AGO

23,729 shares

AGO

Sep 13, 2023

Charity

AGO

29,890 shares

AGO

Jun 27, 2022

Charity

AGO

9,660 shares

AGO

Dec 31, 2021

Charity

AGO

10,198 shares

AGO

Aug 22, 2019

Charity

Insider Trading

See recent insider trades of Dominic J. Frederico.

AGO

18,150 shares

AGO

Sep 4, 2024

Charity

AGO

$2.49M

AGO at $80.25/share

Sep 4, 2024

Sale

AGO

$3.12M

AGO at $78.12/share

Jun 20, 2024

Sale

AGO

$5.09M

AGO at $92.50/share

Mar 20, 2024

Sale

AGO

255,474 shares

AGO

Feb 24, 2024

Received

AGO

44,097 shares

AGO

Feb 21, 2024

Received

AGO

$2.06M

AGO at $68.52/share

Dec 5, 2023

Sale

AGO

4,460 shares

AGO

Dec 5, 2023

Charity

AGO

$3.06M

AGO at $61.24/share

Sep 13, 2023

Sale

AGO

23,729 shares

AGO

Sep 13, 2023

Charity

Compensation History

See how much did Dominic J. Frederico make over time.

In 2020, Dominic J. Frederico's total compensation was $11,229,625, with a base salary of $1,250,000 and a cash bonus of $2,979,625, which was linked to his performance against key financial goals. Frederico's compensation structure emphasizes cash and long-term equity, with no stock grants vested that year, showing a focus on direct cash incentives. For 2019, his total compensation was slightly higher at $11,727,000, highlighting how performance metrics impact his earnings. His long-term incentive compensations reflect a strategy to reward executives based on financial metrics, ensuring that the interests of management align closely with those of shareholders.

Year

2020

Total Compensation

$4.91M

Salary

$1.25M

Board Justification

The compensation program is designed to attract and retain talented executives, aligning their compensation with company performance and shareholder value.

Bonus

$2.98M

Board Justification

Cash incentive compensation based on performance against financial and non-financial objectives for the year 2020, awarded in 2021.

Other

$682.04K

Board Justification

Includes employer contributions to retirement plans, Bermuda housing allowance, car allowance, travel allowance, tax return preparation, matching gift donations, and miscellaneous benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2020 as the focus is on cash and long-term equity compensation.

Performance Metrics

Performance metrics included financial performance targets and non-financial objectives set at the beginning of the year.