Richard Mark Baio is Chief Financial Officer, Senior Vice President and Treasurer of W.R. Berkley Corporation. Previously. Mr. Baio has served as Executive Vice President — Chief Financial Officer and Treasurer since February 2019 and as Senior Vice President – Chief Financial Officer and Treasurer from May 2016 to January 2019. Previously he was Vice President and Treasurer since joining the Company in May 2009. He has nearly 30 years of experience in the insurance and financial services industry, having served prior to joining the Company as a director in Merrill Lynch & Co.’s financial institutions investment banking group and as a partner in Ernst & Young’s insurance practice.
As the Chief Financial Officer, Executive Vice President, and Treasurer of W.R. Berkley, the total compensation of Richard Baio at W.R. Berkley is $1,990,840. There are 6 executives at W.R. Berkley getting paid more, with William Berkley having the highest compensation of $11,289,000.
Richard Baio is 51, he's been the Chief Financial Officer, Executive Vice President, and Treasurer of W.R. Berkley since 2019. There are 18 older and 2 younger executives at W.R. Berkley. The oldest executive at W.R. Berkley Corp. is Jack Nusbaum, 79, who is the Independent Director.
Richard's mailing address filed with the SEC is W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH, CT, 06830.
Over the last 17 years, insiders at W.R. Berkley have traded over $10,392,484 worth of W.R. Berkley stock and bought 71,616 units worth $2,918,275 . The most active insiders traders include William R Berkley, Maria Luisa Ferre, and William R Jr Berkley. On average, W.R. Berkley executives and independent directors trade stock every 104 days with the average trade being worth of $5,222,652. The most recent stock trade was executed by Mark Ellwood Brockbank on 29 July 2022, trading 6,000 units of WRB stock currently worth $371,760.
w. r. berkley corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. each of the operating units in the berkley group participates in a niche market requiring specialized knowledge about a territory or product. our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively to changing market conditions and local customer needs. this decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals. we have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.
W.R. Berkley executives and other stock owners filed with the SEC include: