Equibles does not estimate personal net worth.
Simon Burton was last confirmed as Board Member at Greenlight Capital Re, Ltd. (GLRE) in a filing dated April 26, 2023. Earlier roles on record: CEO at Greenlight Capital Re, Ltd. (GLRE) until December 31, 2023. Greenlight Capital Re, Ltd. reported in an 8-K filed November 8, 2023 that Simon Burton was terminated as Chief Executive Officer, effective December 31, 2023. Greenlight Capital Re, Ltd. reported in an 8-K filed November 8, 2023 that Simon Burton resigned as all officer, board, committee, and other appointments or positions held in respect of the Employer and any associated entities, effective November 3, 2023. Greenlight Capital Re, Ltd. reported in an 8-K filed October 5, 2022 that Simon Burton was terminated as Chief Underwriting Officer, effective October 3, 2022. The proxy statement of Greenlight Capital Re, Ltd. reports total compensation of $5,910,846 for Simon Burton in fiscal 2023, including a base salary of $800,000. Disclosed compensation is on record for 7 fiscal years. Simon Burton has spoken on 15 earnings calls across 1 company, most recently for Greenlight Capital Re, Ltd. on November 8, 2023. The companies whose calls Simon Burton spoke on are classified in the Financial Services sector.
“The Parties have agreed to terminate the Employment by mutual consent effective December 31, 2023 (the "Termination Date")”
“as of the Effective Date, Mr. Burton will resign from all officer, board, committee, and other appointments or positions held in respect of the Employer and any associated entities.”
“For the third quarter of 2023, we reported net income of $13.5 million and growth in book value per share of 2.3%. This brings our year-to-date performance to net income of $69.2 million and growth in book value per share of 13.7%.”
“For the second quarter of 2023, we reported strong growth in book value per share of 9.9% and net income of $49.9 million. This result was led by outperformance in the SILP funds, along with contributions from our underwriting operations and other investment income.”
“I'd first like to welcome Faramarz Romer, who is joining his first earnings call as CFO since his promotion effective April 1. The CFO transition went well, which is not surprising as Faramarz has been an integral member of the team for the past 16 years.”
“Thank you, Karin, and welcome to your first Greenlight Re conference call, and good morning, everyone. Thank you for joining us. I believe that we will look back on this period and consider it a watershed for Greenlight Re and the reinsurance industry as a whole.”
“Our key performance metric is change in book value per share, which decreased during the third quarter by 3.9%. Any reduction is a disappointment. Although our performance was relatively good in the context of the severe challenges that the overall reinsurance industry faced this quarter.”
2020-09-04–2023-11-03
2017-01-01–2023-04-26
Last confirmed by a filing; no departure on record
Start not stated–2023-12-31
Insurance - Reinsurance · Financial Services
Board Member, CEO
2017-01-01–2023-12-31
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer | $800,000 | $5,910,846 |
| 2022 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer | $800,000 | $2,744,811 |
| 2021 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer | $725,000 | $3,114,210 |
| 2020 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer and Chief Underwriting Officer | $650,000 | $1,928,110 |
| 2019 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer and Chief Underwriting Officer | $650,000 | $1,260,610 |
| 2018 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer and Chief Underwriting Officer | $650,000 | $1,260,610 |
| 2017 | Greenlight Capital Re, Ltd. (GLRE) | Chief Executive Officer | $325,000 | $5,190,417 |
