Chairman, CEO and President and Member of Directors Compensation Committee
Mr. Michael H. Braun is President, Chief Executive Officer, Director of the Company. He was appointed Chief Executive Officer of the Company in July 2008, President in June 2009, elected to the Board of Directors in December 2005 and served as Chairman of the Board from March 2015 to January 2016. Previously, Mr. Braun was Chief Operating Officer, where he was responsible for the Companys daytoday operations and strategic product portfolio. Mr. Braun has also served as President of Federated National Insurance Company, a subsidiary of the Company, since September 2003, a position that he continues to hold. Previously, he held key management positions within FNIC, responsible for operations, marketing and underwriting. Prior to joining the Company, Mr. Braun was Managing Partner for an independent chain of insurance agencies, which was acquired by the Company in 1998
Age: 47 Chairman Since 2016
Braun received a Bachelor?s of Science degree in Business Administration from the State University of New York.
Michael Braun Latest Insider Activity
The company has return on total asset (ROA)
of 0.68 %
which means that it generated profit of $0.68 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of 2.3 %
meaning that it created $2.3 on every $100 dollars invested by stockholders.
The company currently holds 49.25 M in liabilities with Debt to Equity (D/E) ratio of 21.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Federated National Holding Company has Current Ratio of 1.08 suggesting that it is not liquid enough and may have problems to pay out its financial obligations when they are due.
Federated National Holding Company, through its subsidiaries, engages in insurance underwriting, distribution, and claims processing in the United States. Federated National Holding Company was founded in 1991 and is based in Sunrise, Florida. Federated National operates under Property Casualty Insurance classification in USA and traded on NASDAQ General Markets exchange.Federated National Holding Company (FNHC) is traded on NASDAQ General Markets in USA. It is located in FLORIDA, U.S.A and employs 381 people. Federated National is listed under Insurance category by Fama And French industry classification.