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Donald G. Southwell served as the Chairman, President, and CEO of Kemper Corporation from 2008 until 2015. He has a strong background in the insurance industry, having been with Kemper since 1996, where he began as the head of the...

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Donald G. Southwell

Ex-CEO of Kemper

Education

Bachelor's degree in Business Administration from the University of Wisconsin

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

May 26, 1951 - 73 years ago

CEO of Kemper for

9 years 6 months (Nov 2006 - May 2016)

Previous Experience

Various executive roles at Kemper Corporation

Rivals

Competitors/colleagues of Donald G. Southwell

Holdings

See how much did Donald G. Southwell make over time.

At one point, Donald G. Southwell had significant ownership in Kemper Corporation with an estimated value of $862,000 in stock and options. Most of his wealth was tied to his role at Kemper, fluctuating over the years based on company...

Total Stock Sold

$1.84M

KMPR

$1.84M

53,914 KMPR shares

What if they kept their stock?

If Donald G. Southwell didn't sell their stock, today they would have:
Extra KMPR53,914 shares worth $3.51M.
This is 90.61% and $1.67M more than what they got when they sold the stock.

Charitable Transactions

KMPR

26,912 shares

KMPR

Recent Charitable Transactions

KMPR

6,000 shares

KMPR

Aug 19, 2015

Charity

KMPR

4,500 shares

KMPR

Nov 11, 2014

Charity

KMPR

2,500 shares

KMPR

Dec 16, 2013

Charity

KMPR

5,000 shares

KMPR

Dec 11, 2013

Charity

KMPR

8,912 shares

KMPR

Dec 4, 2012

Charity

Insider Trading

See recent insider trades of Donald G. Southwell.

KMPR

6,000 shares

KMPR

Aug 19, 2015

Charity

KMPR

4,500 shares

KMPR

Nov 11, 2014

Charity

KMPR

2,700 shares

KMPR

Feb 1, 2014

Received

KMPR

2,500 shares

KMPR

Dec 16, 2013

Charity

KMPR

5,000 shares

KMPR

Dec 11, 2013

Charity

KMPR

$575.39K

KMPR at $38.36/share

Nov 5, 2013

Sale

KMPR

$360.74K

KMPR at $35.01/share

Aug 6, 2013

Sale

KMPR

$253.50K

KMPR at $33.31/share

May 7, 2013

Sale

KMPR

$189.99K

KMPR at $31.66/share

Mar 15, 2013

Sale

KMPR

17,100 shares

KMPR

Feb 2, 2013

Received

Compensation History

See how much did Donald G. Southwell make over time.

Donald G. Southwell's compensation during his last year at Kemper in 2015 totaled approximately $3.25 million, predominantly from his $1 million salary and a performance-based bonus of $249,375. His pay was structured to motivate results, linking much of it to the company’s performance metrics like growth in earned premiums and profit margins. He encountered some hurdles with stock options not vesting due to missed performance criteria in previous years, particularly evident in 2015 when no stock grants were awarded. His pay strategy emphasized aligning the interests of executives with those of shareholders, although this approach required strong performance from the company for top compensation to be realized. Over the years, there were fluctuations in total earnings as results varied, showcasing the risks executives face when their pay is tied to performance metrics.

Year

2015

Total Compensation

$1.25M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the long-term interests of shareholders, and includes significant portions of performance-based cash incentives and equity-based compensation.

Bonus

$249.38K

Board Justification

The bonus was calculated based on 70% company performance criteria and 30% individual performance criteria under the Performance Incentive Plan for the year 2015.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, stock, and options.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2015 as all performance-based RSUs were forfeited due to not meeting performance criteria.

Performance Metrics

The performance metrics for determining the compensation included growth in Earned Premiums, Profit Margins, and Return on Equity.