The estimated Net Worth of John J. Marchioni is at least $20.6 Million dollars as of 22 July 2024. Mr. Marchioni owns over 2,400 units of Selective Insurance stock worth over $11,941,557 and over the last 16 years he sold SIGI stock worth over $4,253,443. In addition, he makes $4,408,500 as President, Chief Executive Officer und Director at Selective Insurance.
John has made over 7 trades of the Selective Insurance stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 2,400 units of SIGI stock worth $200,544 on 22 July 2024.
The largest trade he's ever made was selling 30,000 units of Selective Insurance stock on 8 August 2018 worth over $1,823,400. On average, John trades about 2,063 units every 90 days since 2009. As of 22 July 2024 he still owns at least 136,397 units of Selective Insurance stock.
You can see the complete history of Mr. Marchioni stock trades at the bottom of the page.
John J. Marchioni serves as President, Chief Executive Officer, Director of the Company. Mr. Marchioni was appointed President and Chief Executive Officer of Selective effective February 2020, prior to which he served as our President and Chief Operating Officer since 2013. Mr. Marchioni has been an employee of Selective for 22 years and, as Selective’s President and Chief Executive Officer, he oversees all aspects of the company. Mr. Marchioni has exhibited strong leadership in guiding Selective’s management team in its execution of our strategic initiatives and possesses extensive knowledge of Selective and the property and casualty insurance industry. His demonstrated talents and abilities will continue to help position the company for its next phase of growth.
As the President, Chief Executive Officer und Director of Selective Insurance, the total compensation of John Marchioni at Selective Insurance is $4,408,500. There are 1 executives at Selective Insurance getting paid more, with Gregory Murphy having the highest compensation of $7,945,260.
John Marchioni is 50, he's been the President, Chief Executive Officer und Director of Selective Insurance since 2020. There are 20 older and 1 younger executives at Selective Insurance. The oldest executive at Selective Insurance Group Inc. is William Rue, 72, who is the Non-Independent Director.
Over the last 21 years, insiders at Selective Insurance have traded over $60,375,738 worth of Selective Insurance stock and bought 79,651 units worth $3,087,740 . The most active insiders traders include Gregory E Murphy, Dale A Thatcher und William M Rue. On average, Selective Insurance executives and independent directors trade stock every 29 days with the average trade being worth of $699,087. The most recent stock trade was executed by Terrence W Cavanaugh on 23 July 2024, trading 2,000 units of SIGI stock currently worth $171,700.
selective works together with our independent agency partners to create and deliver business and personal insurance solutions that best fit customers’ needs. providing insurance since 1926, selective has built a reputation with agents and customers for trust, integrity and service excellence, backed by an “a” (excellent) or better rating from insurance rating organization a.m. best co. since 1930. our customers can trust selective to be there when they need us because we know response is everything.® because time is crucial and communication is vital, selective empowers its employees to make timely decisions using robust technology tools, risk expertise and 24/7 claims service. a clear vision and strong commitment to values has been critical to selective’s success over time. “so valuable is the human element that i will not let this company lose the human touch which has been largely responsible for its success.” d.l.b. smith, founder
Selective Insurance executives and other stock owners filed with the SEC include: