J. Scott Penny
2021
In 2021, J. Scott Penny earned a total compensation of $3.4M as Executive Vice President and Chief Acquisitions Officer at Brown & Brown, a 39% increase compared to previous year.
Compensation breakdown
| Bonus | $450,000 |
|---|---|
| Non-Equity Incentive Plan | $1,792,000 |
| Salary | $600,000 |
| Stock Awards | $489,957 |
| Other | $61,394 |
| Total | $3,393,351 |
Penny received $1.8M in non-equity incentive plan, accounting for 53% of the total pay in 2021.
Penny also received $450K in bonus, $600K in salary, $490K in stock awards and $61.4K in other compensation.
Rankings
In 2021, J. Scott Penny's compensation ranked 3,938th out of 12,415 executives tracked by ExecPay. In other words, Penny earned more than 68.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,938 out of 12,415 | 68th |
Division Finance, Insurance, And Real Estate | 605 out of 2,276 | 73rd |
Major group Insurance Agents, Brokers, And Service | 25 out of 51 | 51st |
Industry group Insurance Agents, Brokers, And Service | 25 out of 51 | 51st |
Industry Insurance Agents, Brokers, and Service | 25 out of 51 | 51st |
Pay ratio
| J. Scott Penny's Pay | $3,393,351 |
|---|---|
| Median Employee's Pay | $91,957 |
| Pay Ratio | 37to 1 |
In 2021, the annual total compensation of J. Scott Penny was $3,393,351.
The annual total compensation of the median employee at Brown & Brown was $91,957.
The ratio of J. Scott Penny's pay to the pay of median employee was therefore 37 to one.
Source: SEC filing on March 23, 2022.
Penny's colleagues
We found four more compensation records of executives who worked with J. Scott Penny at Brown & Brown in 2021.