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Geoffrey N. Kauffman has a background in finance and has held various significant positions in the industry. He served as the Co-Chief Executive Officer of Tiptree Inc. from 2015 until his resignation in November of the same year. Before that,...

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Geoffrey N. Kauffman

Founder and Ex-CEO of Tiptree Inc.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of Tiptree Inc. for

0 years 8 months (Feb 2015 - Nov 2015)

Previous Experience

President and Chief Operating Officer of Tiptree since its inception in 2007.

Rivals

Competitors/colleagues of Geoffrey N. Kauffman

Holdings

See how much did Geoffrey N. Kauffman make over time.

Geoffrey N. Kauffman has been very active in his investments, particularly in Tiptree Inc. His holdings fluctuated significantly over the years. For instance, from September 2019 to December 2020, the value surged from about $3.66 million to its peak of...

Insider Trading

See recent insider trades of Geoffrey N. Kauffman.

TIPT

8,850 shares

TIPT

Apr 3, 2015

Received

TIPT

51,348 shares

TIPT

Jan 5, 2015

Received

TIPT

7,217 shares

TIPT

Mar 14, 2014

Received

TIPT

77,920 shares

TIPT

Dec 31, 2013

Received

Compensation History

See how much did Geoffrey N. Kauffman make over time.

In 2015, Geoffrey N. Kauffman's reported compensation was $1,566,250. Notably, this figure includes a salary of $306,250 and a large severance payment of $1,250,000 after his departure from Tiptree. During his tenure, he did not earn bonuses, which was likely related to his sudden resignation. This separation agreement reflected the company's acknowledgment of his contributions despite a short tenure. His approach to compensation was aligned with performance metrics set out by the company, aimed at rewarding executive contributions to company growth. Kauffman's compensation package highlights the typical structures within executive agreements that are contingent on company performance and leadership roles.

Year

2015

Total Compensation

$1.56M

Salary

$306.25K

Board Justification

The compensation philosophy is to align executive compensation with company performance and to reward leadership for performance. The CNG Committee aims to provide competitive compensation to attract and retain talented executives.

Bonus

$0.00

Board Justification

No annual cash incentive award was made to Mr. Kauffman in 2015 due to his resignation in November 2015.

Other

$1.25M

Board Justification

This amount represents a severance payment made to Mr. Kauffman in December 2015 as part of his separation agreement.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were vested for Mr. Kauffman in 2015 as he did not receive any stock awards that year.

Performance Metrics

The performance metrics for determining compensation are based on the company's overall performance, including financial and strategic objectives.

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