Christopher Perry
Verisk AnalyticsAbout Christopher J. Perry
Christopher J. Perry (age 62) is President of Broadridge Financial Solutions (NYSE: BR) since 2020, leading global sales, account management, marketing, M&A, strategic sourcing, international operations, and growth strategy; he is nominated as an independent director for Verisk’s May 20, 2025 annual meeting and will be deemed independent if elected . His prior career includes senior roles at Thomson Reuters/Thomson Financial (1993–2014), including Global Managing Director of Risk for the Financial & Risk division, and earlier positions at fintech and institutional/retail brokerage firms .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Broadridge Financial Solutions | President; oversees global go-to-market, strategic partners, marketing, M&A, strategic sourcing, international business and growth strategy | 2020–present | Led client relationships and growth strategy across global operations |
| Thomson Reuters / Thomson Financial | Various senior management/commercial roles; Global Managing Director of Risk (Financial & Risk division) | 1993–2014 | Risk leadership and commercial management across major data/services platforms |
| Early career (fintech and brokerage firms) | Management roles | Prior to 1993 | Fintech, institutional trading, and retail brokerage experience |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Financial Services Institute | Director/Board member | Ongoing | Industry policy and advocacy board service |
| British American Business | Former Chair; ongoing member | Ongoing | Transatlantic commerce network leadership/membership |
| Make-A-Wish NJ; NPower; United Way of NYC; Community Food Bank of NJ | Non-profit board roles | Ongoing | Community and workforce development involvement |
Board Governance
- Nomination and independence: Perry is a new nominee for election at the May 20, 2025 annual meeting; the Board has determined he will be independent if elected .
- Committee assignments: The Board is in process of determining which committees Perry will join upon election; existing committees are Executive, Audit, Talent Management & Compensation, Finance & Investment, Governance/Corporate Sustainability/Nominating, and Risk .
- Board practices: 100% independent membership on all standing committees; separate Independent Chair and CEO; executive sessions of independent directors after every Board/committee meeting; mandatory director retirement age 75; majority voting with resignation policy in uncontested elections .
- Attendance: In 2024, all directors attended at least 75% of Board and committee meetings; Board met four times; Perry was not yet a director in 2024 .
Fixed Compensation
| Component | Amount/Structure | Vesting/Terms |
|---|---|---|
| Annual Board retainer (non-employee director) | $105,000 cash/equity/deferred (director’s election) | Payable quarterly; if taken as stock, vests immediately; deferred cash/stock paid/issued upon separation |
| Committee chair retainer | $20,000 (Audit, Talent & Compensation); $15,000 (other committees) | Annual retainer, pro-rated if chair role changes mid-cycle |
| Independent Chair retainer | $150,000 | Annual retainer |
| Equity grant | $210,000 grant-date value as RSUs or deferred stock units (100% of value) | RSUs vest at next annual meeting or 1-year from grant; DSUs settle upon Board separation |
| Director comp cap | $750,000 total cash + grant-date fair value in a calendar year | Under 2021 Equity Incentive Plan |
- Stock ownership guideline: Non-employee directors must hold stock equal to 6x base retainer; new directors have 6 years to comply; guideline excludes option value; compliance tracked post-election .
Performance Compensation
- Verisk director equity is time-based (RSUs or DSUs) with no performance metrics; options were eliminated from director program in May 2023 .
| Performance Metric (Director) | Weighting | Targets | Payout Curve |
|---|---|---|---|
| None disclosed for directors | N/A | N/A | N/A |
Note: Performance-vesting metrics (TSR, ROIC) apply to executive PSUs, not directors .
Other Directorships & Interlocks
| Entity | Relationship | Transaction/Fees | Conflict Consideration |
|---|---|---|---|
| Broadridge Financial Solutions | Perry is President | Verisk paid $443,890 in 2024 for proxy tabulation, distribution, annual meeting services | Standard services; disclosed as related-party; monitor recusals and committee placement to avoid procurement influence |
| Vantage Group | Verisk director Gregory Hendrick is CEO/director at Vantage | Verisk received $2,314,032 in 2024 fees for catastrophe risk modeling solutions | Disclosed customer relationship; Board oversight through committee independence |
Expertise & Qualifications
- Executive leadership in global information services; deep innovation/data/technology expertise; extensive go-to-market, sales leadership, and client relations; fit with Verisk’s insurance data/analytics model and risk oversight priorities .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class | Notes |
|---|---|---|---|
| Christopher J. Perry | 0 | 0% | As of Feb 21, 2025; subject to director ownership guideline after election |
- Hedging/pledging: Company prohibits directors and employees from pledging, hedging, short selling, options/futures trading, margin purchases/holding shares in margin accounts .
Governance Assessment
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Independence and fit: Perry’s independence and fintech/data expertise strengthen Verisk’s board skills mix in sales/technology, aligning with current strategy (Core Lines, AI) and insurance ecosystem positioning .
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Committee placement: To be determined; given interlock with Broadridge services, avoid roles directly overseeing vendor procurement/annual meeting logistics to mitigate perceived conflicts (e.g., Governance/Investor Relations operational oversight); Board commits to annual committee refresh and independence .
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Alignment and incentives: Director compensation mix balances cash retainer and time-based equity, with robust 6x retainer ownership guideline and anti-hedging/pledging policy, supporting long-term alignment; Perry currently holds no Verisk shares and will have six years to reach guideline .
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Board quality signals: Separate Independent Chair/CEO, fully independent committees, executive sessions after every meeting, majority voting with resignation policy, active board refreshment (eight new directors since 2022), and creation of a dedicated Risk Committee in 2024 enhance oversight and investor confidence .
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RED FLAGS (monitor):
- Related-party transaction with Broadridge for proxy services while Perry is President; ensure recusal from any decisions and avoid committee roles that oversee vendor selection in this area .
- No personal shareholding at nomination date; mitigated by director ownership guideline and annual equity grant structure .
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Shareholder sentiment: Strong recent say-on-pay support (94% at 2024 meeting) and emphasis on pay-for-performance design and clawback expansion indicate constructive governance environment, though primarily applicable to executives .