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AMERCO (UHAL)

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371.55-2.06 (-0.55%)
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AMERCO

5555 Kietzke Lane
Suite 100
Reno, NV 89511
United States
775-688-6300
http://www.amerco.com

SectorServices
IndustryRental & Leasing Services
Full Time Employees12,452

Key Executives

NameTitlePayExercisedAge
Mr. Edward J. ShoenChairman, CEO & Pres981.5kN/A68
Mr. Jason A. BergChief Financial Officer495.2kN/A44
Mr. Laurence J. De RespinoGen. Counsel405.77kN/A56
Mr. John C. TaylorPres of U-Haul International Inc & Director of U-Haul International Inc549.08kN/A59
Mr. Samuel J. ShoenU-Box Program Mang. & Director385.2kN/A39
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

AMERCO operates as a ‘do-it-yourself’ moving and storage operator for household and commercial goods in the United States and Canada. The company’s Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. This segment also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies. It rents its products and services through a network of approximately 1,750 company operated retail moving stores and 20,000 independent U-Haul dealers. As of March 31, 2017, this segment had a rental fleet of approximately 150,000 trucks, 112,000 trailers, and 40,000 towing devices; and operated approximately 1,440 self-storage locations with approximately 581,000 rentable rooms. The company’s Property and Casualty Insurance segment provides loss adjusting and claims handling services. This segment also provides moving and storage protection packages, such as Safemove and Safetow packages, which offers moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage customers from loss on their goods in storage; Safestor Mobile, which protects customers stored belongings; and Safemove Plus, which provides rental customers with a layer of primary liability protection. The company’s Life Insurance segment provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare supplement, and annuity policies. AMERCO was founded in 1945 and is based in Reno, Nevada.

Corporate Governance

AMERCO’s ISS Governance QualityScore as of August 1, 2017 is 6. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.