Allan Levine
About Allan Levine
Director of Everest Group, Ltd. (EG). Confirmed as a board signatory on the company’s August 7, 2025 Form S-8; age, education, and initial appointment date are not disclosed in the filings reviewed. Independence status, committee assignments, and attendance for Mr. Levine are not explicitly identified in the latest proxy materials; he was not among director nominees listed in the 2025 DEF 14A but is shown as a director by August 2025 via S-8 signatures .
Past Roles
- Not disclosed in EG’s 2025 proxy or related filings reviewed. EG’s DEF 14A includes biographies for other directors but does not provide biographical details for Mr. Levine .
External Roles
- Not disclosed in EG’s filings reviewed. No other public-company directorships or committee positions for Mr. Levine are identified in the 2025 proxy or 8-Ks .
Board Governance
- EG’s board maintains Audit, Compensation, Nominating & Governance, Executive, Investment Policy, Risk, and Technology & Cyber Committees; Audit, Compensation, and Nominating & Governance are fully independent per NYSE standards. Enhanced independence requirements apply to Audit and Compensation Committees .
- General attendance: Each non-employee director or alternate attended at least 75% of board and committee meetings in 2024; directors are expected to attend the AGM. Mr. Levine’s personal attendance is not disclosed .
| EG Board Committees | 2024 Meetings |
|---|---|
| Audit | 4 |
| Compensation | 4 |
| Executive | 0 |
| Investment Policy | 4 |
| Nominating & Governance | 4 |
| Risk | 4 |
| Technology & Cyber | 1 |
- AGM governance signals: Shareholders approved all proposals in May 2025, including Say-on-Pay, ESPP, and bye-law amendments, indicating broad support for governance and compensation programs .
| 2025 AGM Item | For | Against | Abstain | Non-Votes |
|---|---|---|---|---|
| Say-on-Pay (2024 NEO compensation) | 39,476,537 | 2,492,405 | 68,369 | 1,726,275 |
| ESPP Approval | 41,941,201 | 72,423 | 23,687 | 1,726,275 |
| Bye-law Amendments | 41,952,625 | 50,002 | 34,684 | 1,726,275 |
Fixed Compensation
- EG Non-Employee Director Compensation Program (policy-level):
| Component | 2024 Policy | 2025 Changes |
|---|---|---|
| Annual Board Cash Retainer ($) | $125,000 (cash or common shares) | Unchanged for directors; Chair receives additional $300,000 retainer beginning 2025 |
| Equity Grant (Restricted Shares) ($) | $325,000 grant value; time-based restricted shares | Program continues; vesting per plan; committee chair fees remain none |
| Committee Chair/Member Fees | No additional compensation for chairs or meetings | No change (chairs continue to receive no extra fees) |
| Meeting Fees | None (no per-meeting fees) | No change |
- 2024 per-director totals (examples for other directors; Mr. Levine not listed):
| Director | Fees Earned ($) | Share Awards ($) | All Other ($) | Total ($) |
|---|---|---|---|---|
| John J. Amore | 125,000 | 325,932 | 14,206 | 465,138 |
| William F. Galtney Jr. | 125,000 | 325,932 | 14,206 | 465,138 |
| Joseph V. Taranto (Chair, non-independent) | 425,000 | 325,932 | 14,206 | 765,138 |
Performance Compensation
- EG’s non-employee directors receive time-based restricted share awards; no performance metrics disclosed for director equity (PSUs apply to executives, not directors) .
| Metric | 2024 Directors |
|---|---|
| Equity type | Restricted shares (time-based) |
| Grant (shares) | 888 restricted shares per director on Feb 29, 2024 |
| Grant FMV per share | $367.04 (average of high/low on grant date) |
| Vesting | 33⅓% annually over three years |
Other Directorships & Interlocks
- Not disclosed for Mr. Levine in EG filings reviewed. EG reports no Compensation Committee interlocks in 2024 .
Expertise & Qualifications
- Not disclosed for Mr. Levine in EG’s 2025 proxy or 8-Ks; biographies are provided for other directors but not for Mr. Levine .
Equity Ownership
- Beneficial ownership for Mr. Levine is not disclosed in the 2025 DEF 14A table; directors and executives as a group held 544,058 shares (1.1% of class) as of March 17, 2025 .
| Ownership Alignment Policy | Details |
|---|---|
| Director stock ownership guideline | Five times annual retainer for Non-Management Directors |
| Anti-hedging/pledging | Prohibits hedging and pledging of company stock; options trading restrictions per Ethics Guidelines |
| Beneficial Ownership (as of Mar 17, 2025) | Shares | % of Class |
|---|---|---|
| All directors, nominees, and executive officers (13 persons) | 544,058 | 1.1% |
Governance Assessment
- Strengths: Independent key committees with enhanced independence standards; no committee chair fees for directors (reduces incentives misalignment); stringent anti-hedging/pledging policy and director ownership guidelines (5x retainer); broad-based clawback policy; strong shareholder support for Say-on-Pay and governance proposals at 2025 AGM .
- Gaps/Unknowns for Mr. Levine: No disclosed biography, independence confirmation, committee assignments, attendance, or individual compensation/ownership details in the 2025 proxy; he appears as a director by August 7, 2025 via S-8 signatures but was not a named nominee in the April 11, 2025 proxy—an information gap that could hinder investor assessment of board effectiveness and alignment .
- Related-party/conflict oversight: EG prohibits insiders from acting on transactions with personal interest, with annual questionnaires and Audit Committee oversight; no related-party transactions involving directors are disclosed in 2024, reducing conflict risk signal .
- Investor signal: All AGM items passed, including ESPP and bye-law amendments, reflecting positive governance sentiment; however, transparency on director-specific details (for Mr. Levine) remains limited in public filings reviewed .
Note: Allan Levine’s tenure details, committee roles, independence status, compensation breakdown, and equity ownership were not explicitly disclosed in EG’s 2025 DEF 14A or 8-Ks reviewed. Confirmation of his directorship arises from the August 7, 2025 S-8 signature page .