In 2023, Seth Daggett earned $490.65K in total compensation at NI Holdings, including $358.75K salary and $31.30K in stock. Most recently acquired 11,100 shares in Mar 2024. Currently holds stock worth $593.75K. Led NI Holdings as CEO for 1 years.
Compensation History
Annual executive compensation data for Seth Daggett, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$490.65K
Salary
$358.75K
Bonus
$0.00
Other
$100.60K
Salary
$358.75KBoard Justification
The compensation philosophy aims to attract, retain, and motivate executives through a balanced program of base salary, short-term bonuses, and long-term incentives aligned with company performance.
Bonus
$0.00Board Justification
No cash bonus was awarded for the year 2023.
Other Compensation
$100.60KBoard Justification
Other compensation includes contributions to defined contribution plans, ESOP allocations, and perquisites such as wellness benefits and country club dues.
Restricted Stock
Board Justification
2,260 RSUs vested in 2023, with a total value of $31,301 based on the stock price at vesting.
Performance Metrics
Performance metrics for 2023 included combined ratio, direct written premium growth, and return on equity.
Seth Daggett
Ex-CEO of NI Holdings
Education
Bachelor's degrees in financial management and accounting from the University of North Dakota
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1980 - 45 years ago
CEO of NI Holdings for
1 year 7 months (May 2021 - Jan 2023)
Previous Experience
Executive Vice President of Strategy at NI Holdings, Inc. (2019-2021), VP of Accounting at RAM Mutual Insurance Company (2015-2018), Chief Financial Officer and Treasurer at RAM Mutual Insurance Company (2018-2019), Senior Director of Finance at Travelers Companies, Inc. (2008-2015), External Auditor at Deloitte (2004-2008)
Other NI Holdings CEOs
Holdings
Track Seth Daggett's stock holdings and portfolio value over time.
Insider Trading
Seth Daggett's recent stock transactions, purchases, and sales filed with the SEC.
11,100 shares
NODK
Mar 1, 2024
Received
7,300 shares
NODK
Mar 1, 2023
Received
5,000 shares
NODK
Mar 1, 2022
Received
3,700 shares
NODK
Mar 1, 2021
Received
2,600 shares
NODK
Mar 2, 2020
Received
Rivals
Compare Seth Daggett with competitor CEOs and industry peers.