C. Allen Bradley, Jr.
STEWART INFORMATION SERVICESAbout C. Allen Bradley, Jr.
C. Allen Bradley, Jr. is an independent director of Stewart Information Services (STC), serving on the Board since 2016. He is age 73 and currently chairs the Nominating & Corporate Governance Committee; he is an attorney and former public-company CEO/Executive Chairman with deep insurance, legal, and operational expertise. The Board is majority independent; directors are elected annually, and no director attended less than 75% of Board/committee meetings in 2024, indicating strong engagement .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Amerisafe, Inc. (NASDAQ: AMSF) | Executive Chairman; Chief Executive Officer; President; VP & General Counsel | Exec Chair 2005–2016; CEO 2003–2015; President 2002–2008; VP & GC 1996–2000 | Led public insurance company; extensive financial, legal, operational leadership |
| Mor-Tem Systems, Inc. | EVP – Operations | 1994–1996 | Insurance agency and claims management operations leadership |
| Louisiana House of Representatives | State Representative | 1984–1992 | Public policy experience |
External Roles
| Company | Listing | Role | Dates |
|---|---|---|---|
| Tiberius Acquisition Corporation | NASDAQ: TIBR | Director | 2018–2020 |
| Acacia Research Corporation | NASDAQ: ACTG | Director | 2018–2019 |
| Amerisafe, Inc. | NASDAQ: AMSF | Executive Chairman/CEO/Director (see above) | 2003–2016 (director/leadership) |
Board Governance
- Independence: Bradley is classified as an independent director under NYSE standards; audit, compensation, and nominating committees are all composed solely of independent directors .
- Committee assignments: Chair, Nominating & Corporate Governance Committee (members: Bradley (Chair), Matz, Pallotta, Sánchez; 4 meetings in 2024) .
- Board structure and leadership: Separate Chairman and CEO; independent Chairman presides over non‑management director sessions after each regular Board meeting .
- Attendance and engagement: In 2024, the Board held 7 meetings and executed 7 written consents; no director attended less than 75% of Board and committee meetings, indicating adequate engagement .
- Sustainability oversight: Nominating & Corporate Governance Committee reviews sustainability policies and receives updates at each regular meeting .
Fixed Compensation
Director pay is a mix of cash retainers and unrestricted stock; committee chairs receive additional cash retainers. As Nominating & Corporate Governance Committee Chair, Bradley’s 2024 cash retainer reflects Board cash retainer plus chair fee.
| Component (USD) | 2023 | 2024 |
|---|---|---|
| Board cash retainer | $85,000 | $85,000 |
| Nominating & Corporate Governance Chair retainer | $17,500 | $17,500 |
| Committee member retainer(s) | — | — |
| Equity retainer (unrestricted stock) | $85,000 | $85,000 |
| Other compensation (charitable match program) | $5,000 | $0 |
| Total Reported Director Compensation | $192,500 | $187,500 |
Notes:
- 2024 director pay schedule: Board cash retainer $85,000; Board unrestricted stock retainer $85,000; Committee chair retainers: Audit $35,000, Compensation $20,000, Nominating & Corporate Governance $17,500; Committee member retainers: Audit $15,000, Compensation $10,000, Nominating & Corporate Governance $7,500; Chairman of the Board cash retainer $125,000 .
Performance Compensation
Non‑employee director equity is paid as unrestricted stock (not performance‑conditioned); STC does not grant performance‑based awards to directors.
| Item | Details |
|---|---|
| Equity vehicle | Unrestricted stock retainer for directors |
| Performance metrics | None (equity not subject to performance conditions) |
Other Directorships & Interlocks
| Area | Details |
|---|---|
| Current public company boards | None disclosed for Bradley |
| Prior public boards | Tiberius Acquisition Corp. (2018–2020); Acacia Research (2018–2019); Amerisafe (2003–2016) |
| Interlocks/related party | No Bradley‑specific related party transactions disclosed in “Certain Transactions” |
Expertise & Qualifications
- Attorney with extensive financial, legal, and operational leadership experience; over 26 years in corporate leadership (including CEO/Executive Chairman) in insurance; brings comprehensive industry knowledge and governance perspective valued by the Board .
- As N&CG Chair, contributes to board composition, governance policies, and sustainability oversight .
Equity Ownership
- Director stock ownership guidelines require each non‑management director to own shares equal to 5x the stock portion of the annual director retainer; directors have five years from initial election to comply. As of March 2025, nine of ten directors exceed the guideline; the remaining director’s compliance window has not expired .
- STC prohibits hedging, short sales, margin accounts, and pledging of company stock by directors and employees, enhancing alignment and reducing risk of misalignment with shareholders .
| Ownership Snapshot | Mar 11, 2024 | Mar 11, 2025 |
|---|---|---|
| Shares beneficially owned (Bradley) | 16,175 | 17,537 |
| Percent of shares outstanding | <1% | <1% |
Governance Assessment
- Strengths and positive signals:
- Independent director; chair of a key governance committee with active oversight (director nominations, governance principles, sustainability) .
- Consistent engagement (Board reported no sub‑75% attendance among directors) .
- Director pay mix balanced toward equity (unrestricted stock) alongside cash retainers; structure is transparent and in line with peers .
- Strong alignment policies: robust director ownership guideline (5x stock retainer), anti‑hedging/pledging, and majority‑independent Board with split Chair/CEO roles .
- No Bradley‑specific related‑party transactions disclosed (reduces conflict risk) .
- Watch items:
- Age 73; STC’s guideline expects retirement at age 80 (Board can waive in special circumstances, as it did for another director), implying eventual succession planning in the next several years .
- Red flags:
- None identified specific to Bradley regarding attendance, pledging/hedging, or related‑party dealings based on the latest proxy disclosures .