M. Michele Burns
2007
In 2007, M. Michele Burns earned a total compensation of $4M as Chairman and Chief Executive Officer at Marsh & McLennan Companies, a 72% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $107,415 |
|---|---|
| Non-Equity Incentive Plan | $1,452,000 |
| Option Awards | $477,655 |
| Salary | $850,000 |
| Stock Awards | $565,636 |
| Other | $536,740 |
| Total | $3,989,446 |
Burns received $1.5M in non-equity incentive plan, accounting for 36% of the total pay in 2007.
Burns also received $107.4K of change in pension value and nonqualified deferred compensation earnings, $477.7K in option awards, $850K in salary, $565.6K in stock awards and $536.7K in other compensation.
Rankings
In 2007, M. Michele Burns' compensation ranked 1,077th out of 8,700 executives tracked by ExecPay. In other words, Burns earned more than 87.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,077 out of 8,700 | 88th |
Division Finance, Insurance, And Real Estate | 233 out of 1,930 | 88th |
Major group Insurance Agents, Brokers, And Service | 7 out of 32 | 78th |
Industry group Insurance Agents, Brokers, And Service | 7 out of 32 | 78th |
Industry Insurance Agents, Brokers, and Service | 7 out of 32 | 78th |
Source: SEC filing on April 1, 2008.
Burns' colleagues
We found six more compensation records of executives who worked with M. Michele Burns at Marsh & McLennan Companies in 2007.
2007
Brian Storms
Marsh & McLennan Companies
Chief Executive Officer
2007
Charles Haldeman
Marsh & McLennan Companies
Chief Executive Officer
2007
Michael Cherkasky
Marsh & McLennan Companies
Chief Executive Officer
2007
John Drzik
Marsh & McLennan Companies
Chief Executive Officer
2007
David Spiller
Marsh & McLennan Companies
Chief Executive Officer
2007
Matthew Bartley
Marsh & McLennan Companies