August 26, 2016 8:25 PM ET

Insurance

Company Overview of Ambac Financial Group, Inc.

Executive Profile

Nader Tavakoli J.D.

Chief Executive Officer, President, Executive Chairman of Ambac Assurance, Chief Executive Officer of Ambac Assurance Corporation and President of Ambac Assurance Corporation, Ambac Financial Group, Inc.
AgeTotal Calculated CompensationThis person is connected to 8 Board Members in 8 different organizations across 7 different industries.

See Board Relationships
58$4,943,310
As of Fiscal Year 2015

Background

Mr. Nader Tavakoli, J.D., serves as the Chief Executive Officer, Chief Investment Officer, Principal, and Chairman of EagleRock Capital Management, LLC. Mr. Tavakoli has been the Chief Executive Officer and President of Ambac Assurance Corporation since March 2016. He has been the Chief Executive Officer and President of Ambac Financial Group, Inc. since January 4, 2016. He served as Interim President and Interim Chief Executive Officer of Ambac Financial Group, Inc., ...

Corporate Headquarters

One State Street Plaza
New York, New York 10004

United States

Phone: 212-658-7470
Fax: 212-208-3414

Board Members Memberships

Chief Executive Officer, Chief Investment Officer, Principal, and Chairman
2009-Present
Director and Member of Audit Committee
2009-Present
Director
2009-Present
Director, Chairman of Risk Committee, Member of Audit Committee and Member of Compensation Committee
2009-Present
Director
2009-Present
Director
2013-Present
Chief Executive Officer, President and Director

Education

Unknown/Other Education
Rutgers, The State University of New Jersey
BA
Montclair State University
JD
Rutgers Law School, Camden

Other Affiliations

Annual Compensation

Salary$1,800,000
Bonus$1,300,000
Total Annual Compensation$3,100,000

Stocks Options

Restricted Stock Awards$859,250
All Other Compensation$28,160
Exercisable Options$16,667
Unexercisable Options$110,000
Total Number of Options$126,667

Total Compensation

Total Annual Cash Compensation$3,128,160
Total Short Term Compensation$3,100,000
Other Long Term Compensation$887,410
Total Calculated Compensation$4,943,310
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Dominic John Frederico Deputy Chairman, Chief Executive Officer, President and Member of Executive Committee
Assured Guaranty Ltd.
$1.2M
Susan B. Comparato Chief Executive Officer, President, Director and Acting Chief Executive Officer of Syncora Guarantee
Syncora Holdings Ltd.
$1.5M
Compensation as of Fiscal Year 2015.

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Ambac Financial Group, Inc., please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.