Alexander Moczarski
ARCH CAPITAL GROUPAbout Alexander Moczarski
Independent Class III Director of Arch Capital Group Ltd. since February 2025 (age 69), with over 35 years of insurance industry experience; retired as Chairman of Marsh McLennan Companies, International in January 2025. Prior leadership roles include Guy Carpenter & Company, LLC and various international segments of Marsh McLennan and AIG; chaired Marsh India (2016–2025); former Chairman of Blue Marble Micro; Global Director of the US‑India Business Council; currently serves on the board of Independent Diplomat. Education: B.A. from the University of Manchester; Stanford Executive Program at Stanford Graduate School of Business .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Marsh McLennan Companies, International | Chairman | Retired Jan 2025 | Global leadership in insurance broking and risk advisory |
| Guy Carpenter & Company, LLC | Senior leadership positions | Not disclosed | Reinsurance broking leadership |
| Marsh McLennan (regional segments/divisions) | Various leadership roles | Not disclosed | International management oversight |
| American International Group, Inc. (AIG) | Various leadership roles | Not disclosed | Insurance operations management |
| Marsh India | Chair | 2016–2025 | Oversight of Indian market operations |
| Blue Marble Micro | Chairman (previously) | Not disclosed | Inclusive insurance initiative leadership |
External Roles
| Organization | Role | Tenure/Status | Notes |
|---|---|---|---|
| Independent Diplomat | Director | Current | Governance experience in policy/diplomacy context |
| US‑India Business Council | Global Director | Previously | Industry body leadership |
| Blue Marble Micro | Chairman | Previously | Social-impact insurance platform |
Board Governance
- Committee assignments: Member, Compensation and Human Capital Committee; Member, Underwriting Oversight Committee; not a committee chair .
- Independence: All Compensation and Human Capital Committee members are independent under Nasdaq standards; Mr. Moczarski serves on this committee, indicating independent status as a non‑employee director .
- Attendance: The Board held six meetings in 2024 and each director attended at least 75% of Board and applicable committee meetings; Mr. Moczarski joined in February 2025, so 2024 attendance does not apply to him .
- Years of service on ACGL board: Since February 2025 .
- Board leadership/independent chair: Independent Chair (John M. Pasquesi), so a separate lead independent director not deemed necessary; independent directors meet in executive session without management .
| Committee | 2024 Meetings | Moczarski Role |
|---|---|---|
| Compensation and Human Capital | 9 | Member (from Feb 2025; meeting count reflects 2024) |
| Underwriting Oversight | 4 | Member (from Feb 2025; meeting count reflects 2024) |
Fixed Compensation
| Component | Amount ($) | Notes |
|---|---|---|
| Annual non‑employee director cash retainer | 125,000 | Directors may elect to receive the retainer in common shares at grant-date FMV |
| Equity grant (restricted shares) | 145,000 | Number of shares = $145,000 / FMV on grant date; vests on 1‑year anniversary |
| Audit Committee member fee | 25,000 | Additional to retainer (not applicable to Moczarski) |
| Audit Committee chair fee | 50,000 | Additional to retainer (not applicable to Moczarski) |
| Underwriting Oversight chair fee | 50,000 | Additional to retainer (Moczarski is not chair) |
| Compensation & Human Capital chair fee | 25,000 | Additional to retainer (not applicable to Moczarski) |
| Chair of the Board fee | 125,000 | Additional to retainer (not applicable to Moczarski) |
Note: Mr. Moczarski’s term began February 4, 2025 and he is not included in the 2024 director compensation table; his specific 2025 grant/fees are not disclosed in the proxy .
Performance Compensation
| Feature | Structure | Metrics |
|---|---|---|
| Director equity awards | Time‑based restricted shares vesting at 1 year | No performance metrics; directors do not currently receive performance shares or options |
Other Directorships & Interlocks
| Organization | Public Company? | Role | Interlock/Conflict Potential |
|---|---|---|---|
| Independent Diplomat | Not disclosed in proxy | Director | None disclosed with ACGL |
No other public company directorships for Mr. Moczarski are disclosed in the proxy .
Expertise & Qualifications
- 35+ years insurance leadership across MMC, Guy Carpenter, and AIG; recent international chair role at MMC aligns with ACGL’s global underwriting and reinsurance footprint .
- Governance experience in emerging markets (Chair, Marsh India) and industry bodies (US‑India Business Council) enhances board oversight in growth geographies .
- Strategic and operational depth relevant to ACGL’s underwriting oversight and human capital/compensation governance .
- Education: B.A. (University of Manchester); Stanford Executive Program (GSB), supporting advanced leadership credentials .
Equity Ownership
| Holder | Common Shares Beneficially Owned | % Outstanding | Notes |
|---|---|---|---|
| Alexander Moczarski | 402 | <1% | As of March 12, 2025; sole voting/investment power unless otherwise indicated |
- Director ownership guidelines: Maintain ownership equal to 5× annual cash retainer within five years of appointment; each director is compliant or expected to comply within the timeframe .
- Share holding requirement: Retain 50% of net profit shares from equity awards until guideline met .
- Hedging prohibition: No short sales or derivative hedging transactions permitted for directors .
- Pledging limits: Discouraged; if pledged, must not exceed the lesser of 30% of shares beneficially owned or 0.5% of ACGL outstanding shares; pledged shares do not count toward ownership requirements .
Governance Assessment
- Board effectiveness/fit: Placement on Compensation and Human Capital and Underwriting Oversight Committees leverages deep insurance operating experience and aligns with ACGL’s risk/underwriting governance priorities; committees are fully independent, supporting robust oversight .
- Independence/engagement: Independent status evidenced by committee membership; 2024 board attendance strong across directors; Moczarski’s 2025 onboarding follows a third‑party‑assisted search by the Nominating and Governance Committee—positive signal for board refreshment rigor .
- Ownership alignment: Early-stage ownership (402 shares) with strict director ownership policy (5× retainer, 50% net profit retention, hedging ban, pledging limits) reduces misalignment risk and supports long‑term stewardship .
- Compensation structure: Director pay mix emphasizes fixed cash retainer and time‑based equity; lack of options/PSUs avoids incentive distortion and potential short‑termism, but also reduces direct pay‑for‑performance linkage for directors—consistent with prevailing governance practice .
- Potential conflicts: No related‑party transactions disclosed involving Mr. Moczarski; ACGL discloses that transactions may occur with entities affiliated with >5% holders or directors, subject to review by disinterested directors—policy mitigants present; his prior MMC roles warrant continued monitoring given ACGL’s underwriting/brokerage ecosystem, though no specific dealings are disclosed .
- RED FLAGS: None disclosed for attendance, hedging/pledging violations, related‑party transactions, or pay anomalies; monitor future disclosures for any transactions involving MMC-affiliates or industry bodies where he holds positions .