John S. Scheid serves as Independent Director of the Company. Mr. Scheid retired after 36 years at PricewaterhouseCoopers LLP, most recently serving as a senior partner, primarily in the insurance and asset management industries. He has extensive experience in financial management, public company governance, corporate transactions, and strategic leadership. Mr. Scheid’s financial experience and keen sense of industry trends are extremely valuable to Selective in the constantly changing cycle of the property and casualty insurance industry.
As the Independent Director of Selective Insurance, the total compensation of John Scheid at Selective Insurance is $202,603. There are 8 executives at Selective Insurance getting paid more, with Gregory Murphy having the highest compensation of $7,945,260.
John Scheid is 64, he's been the Independent Director of Selective Insurance since 2014. There are 6 older and 14 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 et 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: