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Frank Filipps is known for his significant role as the former CEO and Chairman of Radian Group Inc., a key player in the finance and insurance sector. He stepped down from these positions in 2005 but left a notable mark...

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Frank Filipps

Ex-CEO of Radian Group

Education

N/A

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1952 - 73 years ago

CEO of Radian Group for

0 years 5 months (Nov 2004 - Apr 2005)

Previous Experience

Chairman and Chief Executive Officer of Radian Group Inc.

Holdings

See how much did Frank Filipps make over time.

During his time at Radian, Filipps demonstrated remarkable insight into stock trading, notably selling shares valued at over $2 million monthly from 2019 to 2020. His holdings peaked at 535,152 shares in 2004 when he was deeply involved in Radian's...

Insider Trading

See recent insider trades of Frank Filipps.

FFBC

$40.45K

FFBC at $15.26/share

Feb 27, 2013

Received

FFBC

$35.80K

FFBC at $16.84/share

Apr 26, 2012

Received

FFBC

$34.08K

FFBC at $16.51/share

Apr 13, 2012

Received

FFBC

$65.17K

FFBC at $17.30/share

Mar 30, 2012

Received

FFBC

$46.50K

FFBC at $16.99/share

Mar 14, 2012

Received

FFBC

$199.18K

FFBC at $16.88/share

Feb 27, 2012

Received

FFBC

$13.13K

FFBC at $17.18/share

Feb 14, 2012

Received

Compensation History

See how much did Frank Filipps make over time.

In his last year with Radian Group, Frank Filipps earned a total compensation of approximately $3.99 million. This included a base salary of $725,000, a bonus of $1.35 million, and additional compensation elements totaling roughly $1.8 million. Notably, a significant portion of his final year's payout came from severance and retirement benefits, highlighting his impactful tenure at the company. The total compensation structure reflected the company's philosophy of incentivizing performance, aligning with corporate growth goals. His strategic compensation planning helped retain top talent and align executive pay with shareholder interests, making his leadership notable in the finance sector.

Year

2005

Total Compensation

$4.18M

Salary

$250.96K

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and retention strategies.

Bonus

$476.70K

Board Justification

Pro-rated cash bonus reflecting the period from the beginning of 2005 through the effective date of retirement on April 30, 2005.

Other

$3.45M

Board Justification

Includes severance payments of $1,450,000 and a lump sum payment from the Supplemental Executive Retirement Plan of $1,652,546, along with other benefits.

Restricted Stock

$0.00(0 )

Board Justification

No stock grants are included as they were not vested in 2005.

Performance Metrics

Performance metrics include individual performance goals and corporate financial objectives.

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