Larry M. Hutchison
2020
In 2020, Larry M. Hutchison earned a total compensation of $8.4M as Co, Chairman and Chief Executive Officer at Torchmark, a 1% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,210,731 |
|---|---|
| Non-Equity Incentive Plan | $810,000 |
| Option Awards | $2,037,000 |
| Salary | $1,007,981 |
| Stock Awards | $3,324,420 |
| Other | $53,232 |
| Total | $8,443,364 |
Hutchison received $3.3M in stock awards, accounting for 39% of the total pay in 2020.
Hutchison also received $1.2M of change in pension value and nonqualified deferred compensation earnings, $810K in non-equity incentive plan, $2M in option awards, $1M in salary and $53.2K in other compensation.
Rankings
In 2020, Larry M. Hutchison's compensation ranked 1,083rd out of 13,090 executives tracked by ExecPay. In other words, Hutchison earned more than 91.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,083 out of 13,090 | 92nd |
Division Finance, Insurance, And Real Estate | 186 out of 2,550 | 93rd |
Major group Insurance Carriers | 38 out of 308 | 88th |
Industry group Life Insurance | 8 out of 45 | 82nd |
Industry Life Insurance | 8 out of 45 | 82nd |
Source: SEC filing on March 17, 2021.
Hutchison's colleagues
We found five more compensation records of executives who worked with Larry M. Hutchison at Torchmark in 2020.