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Jeffrey M. Farber net worth and biography

Jeffrey Farber Biography and Net Worth

EVP of The Hanover Insurance Group

Jeff joined The Hanover in October 2016 as executive vice president and chief financial officer. Jeff’s responsibilities include finance, accounting, investments, actuarial, enterprise risk management, treasury, investor relations, M&A and internal audit.

Jeff has established a successful track record in the insurance and financial services industries over the last 30 years. He has held senior executive roles at American International Group (AIG), where he served as the organization’s deputy chief financial officer and as chief risk officer for the company’s commercial and consumer businesses. Prior to AIG, Jeff served as chief financial officer of GAMCO Investors, Inc., a publicly traded asset manager. Previously, he held senior accounting and finance roles at The Bear Stearns Companies, Inc. He began his career at Deloitte & Touche LLP, rising to partner in the firm. Jeff earned a Bachelor of Science degree in accounting from Lehigh University and a Master of Business Administration degree with a concentration in finance from New York University’s Stern School of Business.

What is Jeffrey M. Farber's net worth?: The estimated net worth of Jeffrey M. Farber is at least $8.78 million as of November 11th, 2024. Mr. Farber owns 54,091 shares of The Hanover Insurance Group stock worth more than $8,778,969 as of November 20th. This net worth estimate does not reflect any other assets that Mr. Farber may own. Additionally, Mr. Farber receives a salary of $1,750,000.00 as EVP at The Hanover Insurance Group. Learn More about Jeffrey M. Farber's net worth.
How old is Jeffrey M. Farber?: Mr. Farber is currently 59 years old. There are 4 older executives and no younger executives at The Hanover Insurance Group. The oldest executive at The Hanover Insurance Group is Mr. Warren Ellison Barnes, Senior VP, Corporate Controller & Principal Accounting Officer, who is 62 years old. Learn More on Jeffrey M. Farber's age.
What is Jeffrey M. Farber's salary?: As the EVP of The Hanover Insurance Group, Inc., Mr. Farber earns $1,750,000.00 per year. The highest earning executive at The Hanover Insurance Group is Mr. John Conner Roche, President, CEO & Director, who commands a salary of $3,120,000.00 per year. Learn More on Jeffrey M. Farber's salary.
How do I contact Jeffrey M. Farber?: The corporate mailing address for Mr. Farber and other The Hanover Insurance Group executives is 440 LINCOLN ST, WORCESTER MA, 01653. The Hanover Insurance Group can also be reached via phone at (508) 855-1000 and via email at [email protected]. Learn More on Jeffrey M. Farber's contact information.
Has Jeffrey M. Farber been buying or selling shares of The Hanover Insurance Group?: During the last quarter, Jeffrey M. Farber has sold $4,540,302.85 of The Hanover Insurance Group stock. Most recently, Jeffrey M. Farber sold 6,114 shares of the business's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $162.36, for a transaction totalling $992,669.04. Following the completion of the sale, the executive vice president now directly owns 54,091 shares of the company's stock, valued at $8,782,214.76. Learn More on Jeffrey M. Farber's trading history.
Who are The Hanover Insurance Group's active insiders?: The Hanover Insurance Group's insider roster includes Warren Barnes (SVP), Jane Carlin (Director), Jeffrey Farber (EVP), Kathy Lane (Director), Richard Lavey (EVP), Willard Lee (EVP, Chief Information and Innovation Officer), John Roche (CEO), Bryan Salvatore (EVP), Ann Tripp (EVP), and Mark Welzenbach (EVP). Learn More on The Hanover Insurance Group's active insiders.
Are insiders buying or selling shares of The Hanover Insurance Group?: In the last twelve months, insiders at the insurance provider sold shares 13 times. They sold a total of 43,922 shares worth more than $6,656,423.60. The most recent insider tranaction occured on November, 11th when EVP Jeffrey M Farber sold 6,114 shares worth more than $992,669.04. Insiders at The Hanover Insurance Group own 2.4% of the company. Learn More about insider trades at The Hanover Insurance Group.
Information on this page was last updated on 11/11/2024.

Jeffrey M. Farber Insider Trading History at The Hanover Insurance Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/11/2024	Sell	6,114	$162.36	$992,669.04	54,091
11/8/2024	Sell	5,886	$160.05	$942,054.30	60,205
10/18/2024	Sell	12,000	$155.08	$1,860,960.00	66,091
10/15/2024	Sell	4,800	$150.41	$721,968.00	80,790
10/10/2024	Sell	151	$150.01	$22,651.51	85,590
9/19/2024	Sell	1,200	$150.11	$180,132.00	85,983
9/17/2024	Sell	300	$150.00	$45,000.00	89,733
11/30/2021	Buy	5,000	$123.60	$618,000.00
2/28/2017	Buy	2,500	$90.07	$225,175.00	2,500

Jeffrey M. Farber Buying and Selling Activity at The Hanover Insurance Group

The Hanover Insurance Group Company Overview

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty property and casualty, such as program business, specialty industrial business, excess and surplus business, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment advisory services to institutions, insurance companies, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

Today's Range

Now: $162.30

$161.87

$163.80

50 Day Range

MA: $151.55

$144.81

$164.39

2 Week Range

Now: $162.30

$118.48

$165.27

Volume

140,434 shs

Average Volume

174,550 shs

Market Capitalization

$5.85 billion

P/E Ratio

16.10

Dividend Yield

2.07%

Beta

0.7

[625,000% Gain] – Are You Ready for the Next Altcoin Boom?

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Jeffrey Farber Biography and Net Worth

What is Jeffrey M. Farber's net worth?

How old is Jeffrey M. Farber?

What is Jeffrey M. Farber's salary?

How do I contact Jeffrey M. Farber?

Has Jeffrey M. Farber been buying or selling shares of The Hanover Insurance Group?

Who are The Hanover Insurance Group's active insiders?

Are insiders buying or selling shares of The Hanover Insurance Group?