Siddhartha Sankaran is a seasoned finance executive with a strong educational background, holding a Bachelor of Mathematics from the University of Waterloo. He made his mark as the Chief Executive Officer of SiriusPoint Ltd., where he served from 2020 until...

Siddhartha Sankaran is a seasoned finance executive with a strong educational background, holding a Bachelor of Mathematics from the University of Waterloo. He made his mark as the Chief Executive Officer of SiriusPoint Ltd., where he served from 2020 until May 2022. Before joining SiriusPoint, he had a noteworthy career, including roles as Chief Financial Officer at Oscar Health and American International Group (AIG). His blend of financial expertise and risk management experience makes him an important player in the insurance sector. Interestingly, he resigned from SiriusPoint to pursue other opportunities, but not before receiving a substantial severance package of $4 million, highlighting the unique challenges and complexities of leadership in corporate America. His background and insights into both finance and risk management have greatly influenced the company's direction during a transformative phase. Siddhartha continues to be a name to watch as he moves forward in his career.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other SiriusPoint CEOs

S

Siddhartha Sankaran

Ex-CEO of SiriusPoint

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of SiriusPoint for

1 year 2 months (Feb 2021 - May 2022)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Siddhartha Sankaran

Holdings

See how much did Siddhartha Sankaran make over time.

During his time at SiriusPoint, Siddhartha Sankaran held significant stock options and shares which were affected by company performance and ownership transitions. Upon his departure in May 2022, he had about 787,460 restricted shares and 409,483 stock options that remained...

During his time at SiriusPoint, Siddhartha Sankaran held significant stock options and shares which were affected by company performance and ownership transitions. Upon his departure in May 2022, he had about 787,460 restricted shares and 409,483 stock options that remained exercisable for three years. This situation peaked with a substantial portion of his wealth tied to SiriusPoint's performance. After his resignation, he retained these stocks, with a vesting schedule set over the following two years. This strategic positioning reflects the weight of leadership on a company's financial performance and how an executive's wealth can fluctuate with corporate fortunes. Siddhartha's journey exemplifies the relationship between executive tenure and stock performance, showcasing the risks and rewards that come with high-stakes corporate leadership.

Mar 17, 2025

A

shares

AIG @ $83.90

O

shares

OSCR @ $13.45

S

shares

SPNT @ $15.11

Total Stock Sold

$4.64M

OSCR

$4.64M

459,523 OSCR shares

What if they kept their stock?

If Siddhartha Sankaran didn't sell their stock, today they would have:
Extra OSCR459,523 shares worth $15.99M.
This is 244.5% and $11.35M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Siddhartha Sankaran.

OSCR

$872.72K

OSCR at $6.25/share

Sep 1, 2023

Sale

OSCR

$985.46K

OSCR at $7.15/share

Jun 1, 2023

Sale

OSCR

$524.44K

OSCR at $4.75/share

Mar 1, 2023

Sale

SPNT

547,483 shares

SPNT

Apr 6, 2022

Received

SPNT

114,623 shares

SPNT

Apr 14, 2021

Received

OSCR

$2.79M

OSCR at $39.00/share

Mar 5, 2021

Sale

SPNT

523,809 shares

SPNT

Feb 26, 2021

Received

AIG

$2.08M

AIG at $22.36/share

Dec 19, 2011

Received

Compensation History

See how much did Siddhartha Sankaran make over time.

Siddhartha Sankaran's compensation as CEO of SiriusPoint was a mix of salary and significant severance payments. In 2022, his total compensation was reported at around $5 million, primarily due to a $4 million severance package, after his resignation from the company. The plan aimed at aligning executive pay with performance was more impactful during his tenure and his salary before leaving was $1 million, without bonuses or stock vesting that year since he resigned before the fiscal year ended. This structure indicates that while he was a high-paid executive, the system adjusted significantly for executives' departures, reflecting the complexities of CEO compensation in the high-stakes insurance industry. His financial journey within SiriusPoint illustrates how executive rewards can be heavily influenced by company direction and leadership changes.

Year

2022

Total Compensation

$5.03M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract and retain superior talent, link pay with performance, and align the interests of executives with those of shareholders.

Bonus

$0.00

Board Justification

No annual cash incentive payment was made due to termination before the end of the fiscal year.

Other

$4.03M

Board Justification

This includes a lump-sum severance payment of $4,000,000 and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2022 as he resigned before the end of the fiscal year.

Performance Metrics

The performance metrics for 2022 were not applicable due to the resignation of the CEO before the end of the fiscal year.

Other SiriusPoint CEOs

Here are other CEOs of SiriusPoint

Daniel V. Malloy

CEO of SiriusPoint

May 2022 - Present