John J. Marchioni is the President and CEO of Selective Insurance Group, a role he has held since February 2020. He has been with the company for over 25 years, climbing the ranks from various positions starting as a Government...
John J. Marchioni is the President and CEO of Selective Insurance Group, a role he has held since February 2020. He has been with the company for over 25 years, climbing the ranks from various positions starting as a Government Affairs Specialist in 1998 to eventually becoming the COO before taking on the CEO role. Marchioni is a Princeton University graduate and completed the Advanced Management Program at Harvard Business School, indicating a strong educational background. Under his leadership, Selective has shown significant growth and stability in the property and casualty insurance sector. His strategic approach focuses on aligning corporate goals with performance metrics that drive results, like balancing short- and long-term incentives. Interestingly, in 2023, his total compensation was around $5.98 million, primarily driven by performance-based bonuses reflecting the company's success. Marchioni also holds a notable 178,616 shares of Selective stock, showing confidence in the company’s future. He’s well-regarded in the industry and has served on various boards, enhancing his influence in the business world.