Robert P. Myron is the former CEO of James River Group Holdings, having taken over the role on January 1, 2018. Before that, he served as President and Chief Operating Officer for several years. Myron has a strong background in...

Robert P. Myron is the former CEO of James River Group Holdings, having taken over the role on January 1, 2018. Before that, he served as President and Chief Operating Officer for several years. Myron has a strong background in management and finance, having held significant positions at notable companies, including Chief Financial Officer at both The Hanover Insurance Group and Argo Group. Interestingly, Myron faced health challenges due to lingering effects of Lyme disease, which influenced his decision to retire from his CEO position in mid-2021. Even after retirement, he continued to provide consulting services for the company, showing his commitment to its success. His financial expertise is evident from his impressive compensation packages, peaking at around $4.3 million in 2018, where he received substantial stock awards as part of his remuneration. Myron's trading activity in company stocks has been notable, particularly in 2019, when his insider trading transactions had values exceeding $16 million. His deep knowledge of the insurance market and executive experience make him an influential figure in his field.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other James River Group Holdings CEOs

J

Robert P. Myron

Ex-CEO of James River Group Holdings

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

CEO of James River Group Holdings for

3 years 0 months (Oct 2017 - Nov 2020)

Previous Experience

President and Chief Operating Officer of James River Group Holdings, Ltd.

Rivals

Competitors/colleagues of Robert P. Myron

Holdings

See how much did Robert P. Myron make over time.

Robert P. Myron’s holdings in James River Group Holdings have seen significant fluctuations over the years. In 2019, Myron's insider trading peaked with transactions valuing up to $16.49 million in a month, reflecting a high engagement with the company's stock....

Robert P. Myron’s holdings in James River Group Holdings have seen significant fluctuations over the years. In 2019, Myron's insider trading peaked with transactions valuing up to $16.49 million in a month, reflecting a high engagement with the company's stock. As time progressed, however, his trading volume sharply declined, with smaller activity recorded in 2023, where monthly values hovered around $2 million. Despite these declines, the early years of his tenure showcased impressive confidence in the company’s growth, as he held substantial amounts of shares. This change in trading patterns may suggest a shift in strategy or diversification as he transitioned into retirement and consulting roles.

Total Stock Sold

$4.93M

JRVR

$4.93M

111,156 JRVR shares

What if they kept their stock?

If Robert P. Myron didn't sell their stock, today they would have:
Extra JRVR111,156 shares worth $4.40M.
This is -10.87% and $536.20K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Robert P. Myron.

JRVR

6,966 shares

JRVR

Feb 17, 2021

Received

JRVR

$2.92M

JRVR at $45.00/share

Aug 4, 2020

Sale

JRVR

14,925 shares

JRVR

Feb 19, 2020

Received

JRVR

17,827 shares

JRVR

Feb 20, 2019

Received

JRVR

74,981 shares

JRVR

Jan 1, 2018

Received

JRVR

$1.96M

JRVR at $42.44/share

Mar 2, 2017

Sale

JRVR

14,655 shares

JRVR

Feb 14, 2017

Received

JRVR

9,355 shares

JRVR

Feb 16, 2016

Received

JRVR

$1.00M

JRVR at $21.00/share

Dec 12, 2014

Purchase

JRVR

47,619 shares

JRVR

Dec 12, 2014

Received

Compensation History

See how much did Robert P. Myron make over time.

In 2018, Robert P. Myron's total compensation reached $4.3 million, showcasing his value as a leader at James River Group. His salary was $750,000, supplemented by a $750,000 performance-based bonus that was tied to the company's success and his individual performance. Crucially, he also received over $3 million in vested stock awards as part of his promotion to CEO. This compensation structure shows a clear alignment with shareholder interests, as it motivates executives to focus on long-term growth. The previous year, in 2017, his total compensation was significantly lower at around $1.5 million when he was still ascending in his roles within the organization. This significant jump in pay reflected his new responsibilities and the expectations tied to his leadership as CEO of an insurance firm.

Year

2018

Total Compensation

$4.93M

Salary

$750.00K

Board Justification

The compensation philosophy aims to attract, motivate, and retain talented executives, aligning their interests with shareholders through equity awards and rewarding performance that supports long-term shareholder value.

Bonus

$750.00K

Board Justification

The bonus was determined based on the performance of the Company and Mr. Myron's individual performance, including management of the Company as a whole.

Other

$432.90K

Board Justification

This includes various forms of compensation such as 401(k) contributions, transportation, housing, taxes, and other benefits.

Restricted Stock

$3.00M(74.98K RSU)

Board Justification

The RSUs awarded to Mr. Myron in connection with his promotion to Chief Executive Officer vested in three equal annual installments commencing on the first anniversary of the grant date.

Performance Metrics

The performance metrics considered for the compensation included the Company's operating income and return on tangible equity (ROTE).

Other James River Group Holdings CEOs

Here are other CEOs of James River Group Holdings

J. Adam Abram

Ex-CEO of James River Group Holdings

October 2012 - September 2014

Frank D'Orazio

CEO of James River Group Holdings

November 2020 - Present