Mark Anquillare
Guidewire SoftwareAbout Mark V. Anquillare
Independent director at Guidewire Software (appointed effective September 23, 2024); age 59. Former President & Chief Operating Officer (through 2023) and earlier Chief Financial Officer (2007–2016) of Verisk Analytics, where he helped lead the company’s 2009 IPO. Education: B.B.A., University of Notre Dame; M.B.A., Rutgers Business School. Core credentials: insurance and data/analytics operator, public-company CFO/COO, audit committee financial expert; independent under NYSE rules .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Verisk Analytics, Inc. | President & Chief Operating Officer | Through 2023 | Senior operator at leading insurance data/analytics provider |
| Verisk Analytics, Inc. | Chief Financial Officer | 2007–2016 | Led company through 2009 IPO |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| TruBridge, Inc. | Director | Since 2023 | Audit Committee Chair; member, Compensation and Innovation & Technology Committees |
Board Governance
- Independence and tenure: Independent director; appointed Sept 23, 2024; nominee for election at 2025 annual meeting .
- Committee assignments at GWRE:
- Audit Committee (member); all current Audit members qualify as SEC “financial experts” .
- Business Opportunities Committee (member) .
- Attendance: Board held 5 meetings in FY2025; each current director attended at least 75% of Board and applicable committee meetings. Directors serving at the Dec 17, 2024 annual meeting (including Mr. Anquillare) attended .
- Board structure: Independent Chair separate from CEO; regular executive sessions led by the independent Chair .
- Skills matrix: Identified strengths in software, insurance, investment, senior leadership, operating at $1B+ scale, public board experience, cybersecurity/infrastructure, governance/risk/compliance, and financial expertise .
Committee workloads (FY2025)
| Committee | Meetings (FY2025) | Membership/Chair notes |
|---|---|---|
| Audit | 9 | Member; Chair: Catherine P. Lego |
| Business Opportunities | 6 | Member; Chair: David S. Bauer |
| Compensation | 8 | Not a member; Chair: Jeffrey Sloan |
| Nominating & Corporate Governance | 6 | Not a member; Chair: Margaret Dillon |
| Risk | 5 | Not a member; Chair: Rajani Ramanathan |
Fixed Compensation (Director)
GWRE non-employee director program (2025)
| Component | Amount |
|---|---|
| Annual Board cash retainer | $50,000 |
| Audit Committee member retainer | $12,500; Chair $30,000 (raised from $25,000 effective Jan 1, 2025) |
| Business Opportunities Committee member retainer | $2,500; Chair $5,000 |
| Compensation Committee member retainer | $10,000; Chair $20,000 |
| Nominating & Corporate Governance Committee member retainer | $5,000; Chair $10,000 |
| Risk Committee member retainer | $10,000; Chair $20,000 |
| Chairman of the Board additional cash retainer | $50,000 |
| Lead Customer Advocate additional cash retainer | $30,000 |
Mark V. Anquillare — FY2025 director compensation
| Item (FY2025) | Amount |
|---|---|
| Fees earned or paid in cash | $51,074 |
| Stock awards (grant-date fair value) | $262,642 |
| Total | $313,716 |
| Unvested RSUs held at 7/31/2025 | 1,211 |
Notes: Upon appointment (Sept 23, 2024), he received pro-rated initial and annual RSU grants and pro-rated cash retainers . Director equity vests on the earlier of the next annual meeting or one-year anniversary; director RSUs fully vest upon a sale of the company .
Performance Compensation (Director Equity)
- Equity vehicle: Time-based RSUs for non-employee directors; initial grant (pro-rated) valued at $225,000 and annual grant valued at $225,000; vests in full on the earlier of one-year anniversary or next annual meeting; full acceleration upon a sale of the Company .
- FY2025 for Mr. Anquillare: Stock awards (grant-date fair value) $262,642; 1,211 unvested RSUs outstanding at fiscal year-end (reflects pro-ration and program mechanics) .
Other Directorships & Interlocks
| Company | Role | Committee roles | Interlock risk |
|---|---|---|---|
| TruBridge, Inc. | Director | Audit Chair; Compensation; Innovation & Technology | No GWRE-disclosed interlocks; Company states there were no compensation committee interlocks in FY2025 |
Expertise & Qualifications
- Insurance/data analytics operator (Verisk CFO/COO), IPO execution, public company finance leadership; audit committee financial expert .
- Board skill matrix highlights: software industry, insurance, investment, senior leadership, operating at scale, public board, cybersecurity/infrastructure, GRC, and financial expertise .
- Education: B.B.A., University of Notre Dame; M.B.A., Rutgers Business School .
Equity Ownership
| Holder | Beneficial ownership | % of class | Notes |
|---|---|---|---|
| Mark V. Anquillare | 1,520 shares | <1% | Includes 1,211 RSUs scheduled to vest/release within 60 days of record date (Oct 20, 2025) . |
| Unvested RSUs at 7/31/2025 | 1,211 units | — | As disclosed for non-employee directors . |
Ownership alignment and restrictions:
- Director stock ownership guideline: ≥5x annual cash retainer within three years of initial election; directors with ≥3 years of service were in compliance as of 7/31/2025. Mr. Anquillare is within the three-year compliance window .
- Hedging/pledging prohibited under insider trading policy; pre-clearance required for directors .
Governance Assessment
-
Strengths supporting investor confidence
- Independent director with deep insurance and analytics operating background; Audit Committee member and designated “financial expert” status strengthens financial oversight .
- Solid engagement indicators: ≥75% attendance threshold met; attended 2024 annual meeting; serves on two committees (Audit and Business Opportunities) with meaningful workloads .
- Director pay structure balances cash and equity; equity vests annually and fully accelerates on sale, aligning with shareholder outcomes; ownership guidelines drive alignment over time .
- No related-party transactions disclosed for Mr. Anquillare; company policies require Audit Committee approval for RPTs; hedging/pledging prohibited .
-
Potential watch items
- Change-in-control acceleration on director RSUs (standard practice but can be scrutinized by some investors); continue to monitor overall board equity usage and dilution stewardship the company highlights in its outreach .
- External board workload: one current public board (TruBridge) with audit chair responsibilities; not excessive, but audit chair role adds time commitment—no conflicts disclosed with GWRE’s business .
-
Broader governance signals
- GWRE reports 98% support on 2024 Say-on-Pay and robust shareholder outreach; independent Chair and routine executive sessions indicate strong governance architecture .
No red flags identified for Mr. Anquillare regarding independence, attendance, related-party exposure, or pledging/hedging. Compensation is standard for GWRE’s director program and equity ownership is progressing within guideline timelines .