NODK · NI Holdings, Inc. · Executive Compensation
$15.01
+0.05 (+0.33%)
At close · Oct 6
Return incl. dividend (before tax)
Market Cap
$301.99M
Shares
20.40M
Volume · Oct 6
2446
Avg daily vol (3M)
25.5K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Seth C. Daggett | Former President and CEO | $3,926,153 |
| Matthew J. Maki | Chief Financial Officer | $1,356,790 |
| Cindy L. Launer | President and CEO | $712,516 |
| Kevin Elfstrand | Senior Vice President and Chief Accounting Officer | $669,299 |
| Douglas A. Duncan | Senior Vice President and Chief Information Officer | $442,818 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | Former President and CEO | $5,370,152 |
| Seth C. Daggett | President and CEO | $1,626,028 |
| Patrick W. Duncan | Former Senior Vice President, Operations | $1,335,863 |
| Matthew J. Maki | Chief Financial Officer | $737,617 |
| Cindy L. Launer | Former Interim President and CEO | $460,148 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | Former President and CEO | $2,397,889 |
| Seth C. Daggett | President and CEO | $836,830 |
| Patrick W. Duncan | Former Senior Vice President, Operations | $623,533 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | Former President and CEO | $2,268,455 |
| Seth C. Daggett | President and CEO | $733,063 |
| Patrick W. Duncan | Former Senior Vice President, Operations | $586,125 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | President and CEO | $2,270,551 |
| Seth C. Daggett | EVP, Treasurer & CFO | $613,673 |
| Patrick W. Duncan | Senior Vice President, Operations | $602,216 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | President and CEO | $2,696,218 |
| Brian R. Doom | Executive Vice President and CFO | $904,433 |
| Patrick W. Duncan | Senior Vice President, Operations | $750,487 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | President and CEO | $2,513,463 |
| Brian R. Doom | Executive Vice President and CFO | $930,996 |
| Patrick W. Duncan | Senior Vice President, Operations | $637,043 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Michael J. Alexander | President and CEO | $2,626,324 |
| Brian R. Doom | Executive Vice President and CFO | $957,961 |
| Patrick W. Duncan | Vice President of Operations | $696,739 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Dave L. Stende | director | Appointed | 2026-05-26 |
| Jeffrey R. Missling | director | Appointed | 2026-05-26 |
| Prakash Mathew | director | Appointed | 2026-05-26 |
| Eric K. Aasmundstad | director | Appointed | 2026-05-26 |
| William R. Devlin | director | Appointed | 2026-05-26 |
| Cindy L. Launer | director | Appointed | 2026-05-26 |
| Callie J. Thomas | director | Appointed | 2026-05-26 |
| Dana J. Kaldor | director | Appointed | 2026-05-26 |
| Seth C. Daggett | President and Chief Executive Officer | Terminated | 2025-10-31 |
| Seth C. Daggett | member of the Company’s Board of Directors | Resigned | 2025-10-10 |
| Cindy L. Launer | President and Chief Executive Officer | Appointed | 2025-10-10 |
| Seth C. Daggett | President and Chief Executive Officer | Terminated | 2025-10-10 |
| Kevin Elfstrand | Chief Accounting Officer | Appointed | 2025-05-27 |
| Dave L. Stende | director | Appointed | 2025-03-21 |
| Matt Maki | Chief Financial Officer | Appointed | 2025-03-04 |
| Patrick W. Duncan | Senior Vice President, Operations | Terminated | 2024-12-03 |
| Patrick W. Duncan | Senior Vice President, Operations | Terminated | 2024-11-22 |
| Matt Maki | Interim Chief Financial Officer | Appointed | 2024-11-22 |
| Cindy L. Launer | Interim Chief Executive Officer | Resigned | 2024-11-22 |
| Seth C. Daggett | member of the Board of Directors | Appointed | 2024-11-22 |
| Seth C. Daggett | President and Chief Executive Officer | Appointed | 2024-11-22 |
| Michael J. Alexander | President and Chief Executive Officer | Terminated | 2024-09-19 |
| Cindy L. Launer | Interim Chief Executive Officer | Appointed | 2024-08-15 |
| Michael J. Alexander | member of the Company's Board of Directors | Resigned | 2024-08-15 |
| Michael J. Alexander | President and Chief Executive Officer | Terminated | 2024-08-15 |