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Last week Weekly Industry News did a story on the highest paid insurance company executives. This week — courtesy of a story we found on Business Insurance — we list the highest paid broker CEOs.
Here they are:
1. Daniel Glaser — Marsh & McLennon Salary: $1,500,000 Stock awards: $6,528,663 Option awards: $6,240,006 Non-equity incentive: $7,000,000 Other: $241,034
Total: $21,519,703 Change: Up 9%
2. Gregory Case — Aon Salary: $1,500,000 Stock awards: $15,262,436 Non-equity incentive: $2,437,500 Other: $668,448
Total: $19,868,384 Change: Down 2.1%
3. J. Patrick Gallagher, Jr. — Arthur J. Gallagher Salary: $1,300,000 Stock awards: $3,692,473 Non-equity incentive: $5,200,000 Change in pension: $19,063 Other: $1,871,043
Total: $13,882,255 Change: Up 24.2%
4. J. Powell Brown — Brown & Brown Salary: $1,000,000 Bonus: $1,020,000 Stock awards: $2,940,017 Non-equity incentive: $3,980,000 Other: $261,018
Total: $9,201,035 Change: Up 26.8%
5. Carl Hess — Willis Towers Watson Salary: $766,667 Share awards: $1,167,419 Non-equity incentive: $2,443,875 Change in pension: $209,050 Other: $241,474
Total: $4,828,485 Change: Up 22.5%
As a reminder, Here are the statistics on the five highest paid insurance company execs:
1. Evan Greenberg — Chubb Salary: $1,400,000 Bonus: $7,500,000 Stock awards: $10,125,007 Option awards: $2,996,944 Other: $1,159,233
Total — $23,181,184 — a 14% rise from 2021
2. Peter Zaffino — AIG Salary: $1,482,693 Stock awards: $9,379,956 Option awards: $2,874,994 Nonequity incentive: $8,000,000 Other: $167,577
Total — $21,905,220 — down 9% from 2021
3. Alan Schnitzer — Travelers Salary: $1,300,000 Stock awards: $6,900,051 Option awards: $4,598,852 Nonequity incentive: $6,500,000 Change in pension: $471,951 Other: $82,843
Total — $19,853,697 — a 4.5% positive change from 2021
4. Ajit Jail — Berkshire Hathaway Salary: $16,000,000 Bonus: $3,000,000 Other: $14,500
Total: $19,014,500 — not measurable
5. David Long — Liberty Mutual Salary: $1,450,000 Bonus: $4,712,500 Appreciation units: $9,571,283 Restricted units: $2,392,739 Other: $327,815
Total — $18,454,337 — up 3.3% from 2021
Business Insurance — https://bit.ly/3PHGWor Source link: Business Insurance — https://bit.ly/3m2Q0GA |
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