The estimated Net Worth of John Drake Nichols is at least $16.9 Million dollars as of 6 May 2020. Mr. Nichols owns over 1,500 units of National General Corp stock worth over $689,700 and over the last 21 years he sold NGHCO stock worth over $16,063,125. In addition, he makes $127,335 as Independent Director at National General Corp.
John has made over 27 trades of the National General Corp stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 1,500 units of NGHCO stock worth $37,620 on 6 May 2020.
The largest trade he's ever made was exercising 111,090 units of National General Corp stock on 15 December 2009 worth over $2,088,492. On average, John trades about 8,405 units every 77 days since 2003. As of 6 May 2020 he still owns at least 27,500 units of National General Corp stock.
You can see the complete history of Mr. Nichols stock trades at the bottom of the page.
John Drake Nichols Jr. serves as Independent Director of the Company. Mr. Nichols currently serves Chairman of the Board of Directors of Protective Insurance Corporation (formerly Baldwin & Lyons, Inc.), a property and casualty insurer, where he also served as interim Chief Executive Officer from October 2018 to May 2019. He previously served as Chief Executive Officer of AXIS Re, a reinsurance company, from 2012 until 2017. Prior to that role, Mr. Nichols was the President of RenaissanceRe Ventures, Ltd., where he was responsible for business development and the management of RenaissanceRe’s Joint Ventures and Venture Capital business, which included responsibility for the formation of DaVinci Reinsurance, and Top Layer Reinsurance, as well as several sidecars and other ventures. He joined RenaissanceRe in 1995 and was President from 2001 to 2010. In addition, Mr. Nichols has held various positions at Hartford Steam Boiler, Monarch Capital and accounting firm Matson, Driscoll and D’Amico. He is also a director of Delaware North Companies, Brit Reinsurance Ltd. and Enhanze Reinsurance Ltd.
As the Independent Director of National General Corp, the total compensation of John Nichols at National General Corp is $127,335. There are 8 executives at National General Corp getting paid more, with Barry Karfunkel having the highest compensation of $5,607,270.
John Nichols is 60, he's been the Independent Director of National General Corp since 2017. There are 4 older and 7 younger executives at National General Corp. The oldest executive at National General Holdings Corp is Donald DeCarlo, 81, who is the Independent Director.
John's mailing address filed with the SEC is C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK, NY, 10038.
Over the last 10 years, insiders at National General Corp have traded over $241,686,410 worth of National General Corp stock and bought 214,226 units worth $4,733,573 . The most active insiders traders include International Insurance Ltd..., Barry D Zyskind, and Barry Karfunkel. On average, National General Corp executives and independent directors trade stock every 20 days with the average trade being worth of $3,694,058. The most recent stock trade was executed by Lawrence J. Moloney on 26 February 2020, trading 1,385 units of NGHCO stock currently worth $34,736.
National General Corp executives and other stock owners filed with the SEC include: