Last updated: 5 March 2024 at 6:20pm EST

Richard Schmitzer Net Worth




The estimated Net Worth of Richard Schmitzer is at least $2.75 Million dollars as of 4 March 2022. Mr. Schmitzer owns over 12,450 units of James River Ltd stock worth over $1,474,879 and over the last 10 years he sold JRVR stock worth over $0. In addition, he makes $1,275,620 as President and Chief Executive Officer of Excess and Surplus Lines segment at James River Ltd.

Mr. Schmitzer JRVR stock SEC Form 4 insiders trading

Richard has made over 6 trades of the James River Ltd stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 12,450 units of JRVR stock worth $252,860 on 4 March 2022.

The largest trade he's ever made was exercising 100,000 units of James River Ltd stock on 21 November 2016 worth over $1,496,000. On average, Richard trades about 11,647 units every 80 days since 2014. As of 4 March 2022 he still owns at least 234,480 units of James River Ltd stock.

You can see the complete history of Mr. Schmitzer stock trades at the bottom of the page.





Richard Schmitzer biography

Richard Schmitzer is President and Chief Executive Officer of Excess and Surplus Lines segment of James River Group Holdings, Ltd. He has served as the President and Chief Executive Officer and a director of James River Insurance Company and our other subsidiaries in our Excess and Surplus Lines segment since March 2010. He joined James River Insurance Company in July 2009 as Senior Vice President and Chief Underwriting Officer. Prior to that, Mr. Schmitzer served nineteen years at Scottsdale Insurance Company, a subsidiary of Nationwide Mutual, where he served in a variety of underwriting and underwriting management roles, most recently as Vice President of Brokerage, Professional Liability and Programs. Mr. Schmitzer received his B.S. in business administration from Central Michigan University.

What is the salary of Richard Schmitzer?

As the President and Chief Executive Officer of Excess and Surplus Lines segment of James River Ltd, the total compensation of Richard Schmitzer at James River Ltd is $1,275,620. There are 4 executives at James River Ltd getting paid more, with Robert Myron having the highest compensation of $1,956,430.



How old is Richard Schmitzer?

Richard Schmitzer is 64, he's been the President and Chief Executive Officer of Excess and Surplus Lines segment of James River Ltd since 2010. There are 2 older and 13 younger executives at James River Ltd. The oldest executive at James River Group Holdings Ltd is Ollie Sherman, 68, who is the Independent Director.

What's Richard Schmitzer's mailing address?

Richard's mailing address filed with the SEC is C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE, D0, HM 08.

Insiders trading at James River Ltd

Over the last 10 years, insiders at James River Ltd have traded over $2,135,820,785 worth of James River Ltd stock and bought 546,331 units worth $12,074,402 . The most active insiders traders include Bryan Martin, E. Shaw Oculus Portfolios, ..., and David Zwillinger. On average, James River Ltd executives and independent directors trade stock every 33 days with the average trade being worth of $5,010,237. The most recent stock trade was executed by Thomas Lynn Brown on 4 November 2022, trading 2,000 units of JRVR stock currently worth $46,060.



What does James River Ltd do?

james river group is an insurance company located in 7130 glen forest dr, richmond, virginia, united states.



What does James River Ltd's logo look like?

James River Group Holdings Ltd logo

Complete history of Mr. Schmitzer stock trades at James River Ltd

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
4 Mar 2022 Richard Schmitzer
Pres., CEO - E, and S Lines Sgmt
Buy 12,450 $20.31 $252,860
4 Mar 2022
234,480
15 Dec 2020 Richard Schmitzer
Pres., CEO - E, and S Lines Sgmt
Option 98,099 $21.00 $2,060,079
15 Dec 2020
258,431
21 May 2019 Richard Schmitzer
Pres., CEO - E, and S Lines Sgmt
Option 50,000 $15.65 $782,500
21 May 2019
185,735
21 Nov 2016 Richard Schmitzer
Pres., CEO - E, and S Lines Sgmt
Option 100,000 $14.96 $1,496,000
21 Nov 2016
177,538
24 Jul 2015 Richard Schmitzer
Pres., CEO - E, and S Lines Sgmt
Option 100,000 $15.65 $1,565,000
24 Jul 2015
147,619
12 Dec 2014 Richard Schmitzer
Pres., CEO - E, and S Lines Sgmt
Buy 23,809 $21.00 $499,989
12 Dec 2014
23,809


James River Ltd executives and stock owners

James River Ltd executives and other stock owners filed with the SEC include: