Darryl Page
About Darryl Page
Independent, non-executive director of Everest Group, Ltd. (NYSE: EG) appointed effective May 15, 2025. Veteran insurance executive with 40+ years across Chubb, Fireman’s Fund (Allianz), and Allstate; led Chubb’s International Personal Lines (IPL) division and served as Chief Culture Officer. Education: BS in Economics, Santa Clara University. Current external governance: Trustee, Treasurer, and Chair‑Elect, Dominican University of California .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Chubb | Division President, International Personal Lines; Chief Culture Officer | 12 years | Led multibillion-dollar IPL across 52 countries; built agency distribution strategy generating >$1B profitable growth; culture/leadership programs . |
| Fireman’s Fund (Allianz) | President, Personal Insurance | Not disclosed | Executive leadership in personal lines . |
| Allstate | Multiple leadership roles across underwriting, product, distribution, and general management | “Three decades” | Broad operating leadership in P&C consumer lines . |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Dominican University of California | Trustee, Treasurer, Chair‑Elect | Current | Non-profit governance leadership . |
Board Governance
- Appointment and independence: Elected to EG’s Board effective May 15, 2025 as an independent, non-executive director .
- EG governance standards: Audit, Compensation, and Nominating & Governance Committees composed entirely of independent directors; regular executive sessions of non-management directors; majority vote standard; independent Chair and Lead Independent Director structure .
- Committee assignments for Page: Not disclosed at appointment; standard practice assigns committees at/after onboarding (other contemporaneous appointee John Howard joined Audit, Compensation, and N&G) .
- Shareholder support signals: 2025 AGM approved all proposals including Say-on-Pay (39.48M For; 2.49M Against), ESPP, and by-law changes to formalize an independent Chair .
Fixed Compensation
| Component | Amount/Terms | Notes |
|---|---|---|
| Annual Cash Retainer | $125,000 (pro-rated from appointment date) | Non-Employee Director standard retainer . |
| Chair Retainer (Board Chair only) | $300,000 | Applies to Board Chair; Page is not Chair . |
| Committee Chair/Membership Fees | None disclosed | EG does not pay additional committee chair/meeting fees; directors reimbursed for meeting expenses . |
Performance Compensation
| Equity Instrument | Grant Value | Vesting/Terms | Performance Metrics |
|---|---|---|---|
| Restricted Shares (RS) | $325,000 FV | Granted under 2003 Non-Employee Director Equity Compensation Plan; RS typically vest in equal installments over 3 years (director program) | No performance conditions disclosed for directors; equity is time-based . |
EG compensation practices prohibit hedging/pledging of Company stock; maintains stock ownership guidelines for non-management directors (5x annual retainer), and a broad clawback policy focused on executives .
Other Directorships & Interlocks
| Company/Institution | Public/Private/Non-profit | Role | Potential Interlock/Conflict |
|---|---|---|---|
| Dominican University of California | Non-profit | Trustee, Treasurer, Chair‑Elect | No corporate transaction exposure disclosed with EG . |
Expertise & Qualifications
- Global consumer P&C insurance leadership, distribution strategy, and multi-country operations (Europe/LatAm/Asia) .
- Culture and leadership development (Chief Culture Officer at Chubb) .
- Deep personal lines expertise enhances EG’s insurance segment oversight alongside reinsurance .
Equity Ownership
| Item | Status |
|---|---|
| Beneficial ownership (shares) | Not disclosed for Page in 2025 proxy tables; appointment post record date. EG director ownership table as of March 17, 2025 did not include Page . |
| Stock ownership guidelines | 5x annual retainer for non-management directors |
| Pledging/Hedging | Prohibited by EG policy |
Governance Assessment
- Board effectiveness: Page adds seasoned personal lines and global distribution acumen, complementing EG’s independent, committee-led oversight model in Audit/Comp/NGC and risk-focused committees (Risk; Technology & Cyber) .
- Alignment & incentives: Standard EG director pay (cash + time-based RS) aligns interests without performance gaming; ownership guidelines and hedging/pledging prohibitions strengthen alignment .
- Independence & conflicts: Independent status; no related-party transactions or pledging noted; current non-profit role poses minimal conflict risk .
- RED FLAGS: None disclosed regarding attendance, related-party transactions, option repricing, tax gross-ups, or pledging; committee roles pending disclosure. Monitoring items: equity grant details/vesting schedule, committee assignments, future proxy disclosures .
Sources: SEC Form 8‑K announcements and EG proxy governance disclosures, plus EG press releases and reputable trade coverage confirming background and appointment details .