Martha Marcon - Mercury General Lead Independent Director

MCY Stock  USD 71.12  1.74  2.39%   

Director

Ms. Martha E. Marcon is Lead Independent Director of Mercury General Corporationrationration. She was retired since January 2006. For more than 20 years prior to January 2006, Ms. Marcon was a partner of KPMG LLP in Los Angeles, California. During 2008, Ms. Marcon provided consulting services to KPMG LLP since 2016.
Age 72
Tenure 8 years
Address 4484 Wilshire Boulevard, Los Angeles, CA, United States, 90010
Phone323 937 1060
Webhttps://www.mercuryinsurance.com
Marcon also serves on the board of directors and chairs the audit committee of The Independent Order of Foresters and its U.S.based financial services subsidiaries, which is an international insurance and financial services organization. The Company believes that Ms. Marcon’s accounting and financial reporting expertise, particularly related to insurance organizations, and her experience as a certified public accountant for 28 years and an auditor with KPMG LLP for more than 30 years qualify her for service on the Board of Directors.

Martha Marcon Latest Insider Activity

Tracking and analyzing the buying and selling activities of Martha Marcon against Mercury General stock is an integral part of due diligence when investing in Mercury General. Martha Marcon insider activity provides valuable insight into whether Mercury General is net buyers or sellers over its current business cycle. Note, Mercury General insiders must abide by specific rules, including filing SEC forms every time they buy or sell Mercury General'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Mercury General Management Efficiency

The company has Return on Asset of 0.0598 % which means that on every $100 spent on assets, it made $0.0598 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.345 %, implying that it generated $0.345 on every 100 dollars invested. Mercury General's management efficiency ratios could be used to measure how well Mercury General manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to rise to -0.06 in 2024. At this time, Mercury General's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 5.5 B in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (5 B).
Mercury General has 587.96 M in debt with debt to equity (D/E) ratio of 0.24, which may show that the company is not taking advantage of profits from borrowing. Mercury General has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Mercury to invest in growth at high rates of return.

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Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California. Mercury General operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 4300 people. Mercury General (MCY) is traded on New York Stock Exchange in USA. It is located in 4484 Wilshire Boulevard, Los Angeles, CA, United States, 90010 and employs 4,100 people. Mercury General is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Mercury General Leadership Team

Elected by the shareholders, the Mercury General's board of directors comprises two types of representatives: Mercury General inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mercury. The board's role is to monitor Mercury General's management team and ensure that shareholders' interests are well served. Mercury General's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mercury General's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wilson BE, Chief Officer
James Ellis, Independent Director
Victor Joseph, Chief Operating Officer, Executive Vice President
Randall Petro, Vice President and Chief Claims Officer
Kelly Butler, Vice President Chief Underwriting Officer
Erik Thompson, Vice President - Advertising and Public Relations
Charles Toney, Vice President and Chief Actuary
Ramona Cappello, Independent Director
Jeffrey Schroeder, Vice President Chief Product Officer
George Braunegg, Independent Director
Judy Walters, Vice President - Corporate Affairs, Secretary
Abby Hosseini, Chief Information Officer, Vice President
Wai Joseph, Director
Christopher Graves, Chief Investment Officer, VP, Director and Member of Investment Committee
Heidi Sullivan, Vice President and Chief Human Capital Officer
Gabriel Tirador, CEO and President Director and Member of Investment Committee
Joshua Little, Independent Director
Theodore Stalick, Chief Financial Officer, Senior Vice President
Theodore CPA, Senior CFO
Martha Marcon, Lead Independent Director
George Joseph, Founder, Chairman and Member of Investment Committee
Brandt Minnich, Vice President and Chief Marketing Officer

Mercury Stock Performance Indicators

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