Larry M. Hutchison
2019
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $745,486 |
|---|---|
| Non-Equity Incentive Plan | $1,590,000 |
| Option Awards | $2,130,000 |
| Salary | $942,308 |
| Stock Awards | $2,889,600 |
| Other | $39,869 |
| Total | $8,337,263 |
Hutchison received $2.9M in stock awards, accounting for 35% of the total pay in 2019.
Hutchison also received $745.5K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $2.1M in option awards, $942.3K in salary and $39.9K in other compensation.
Rankings
In 2019, Larry M. Hutchison's compensation ranked 1,022nd out of 13,971 executives tracked by ExecPay. In other words, Hutchison earned more than 92.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,022 out of 13,971 | 93rd |
Division Finance, Insurance, And Real Estate | 206 out of 2,894 | 93rd |
Major group Insurance Carriers | 42 out of 384 | 89th |
Industry group Life Insurance | 10 out of 72 | 86th |
Industry Life Insurance | 10 out of 72 | 86th |
Pay ratio
| Larry M. Hutchison's Pay | $8,337,263 |
|---|---|
| Median Employee's Pay | $98,507 |
| Pay Ratio | 85to 1 |
In 2019, the annual total compensation of Larry M. Hutchison was $8,337,263.
The annual total compensation of the median employee at Torchmark was $98,507.
The ratio of Larry M. Hutchison's pay to the pay of median employee was therefore 85 to one.
Hutchison's colleagues
We found five more compensation records of executives who worked with Larry M. Hutchison at Torchmark in 2019.