Michael A. Butt
2007
In 2007, Michael A. Butt earned a total compensation of $7M as Chairman of the Board at AXIS Capital Holdings, a 19% increase compared to previous year.
Compensation breakdown
| Bonus | $1,156,250 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $91,000 |
| Non-Equity Incentive Plan | $1,593,750 |
| Salary | $850,000 |
| Stock Awards | $2,948,400 |
| Other | $408,388 |
| Total | $7,047,788 |
Butt received $2.9M in stock awards, accounting for 42% of the total pay in 2007.
Butt also received $1.2M in bonus, $91K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $850K in salary and $408.4K in other compensation.
Rankings
In 2007, Michael A. Butt's compensation ranked 510th out of 8,700 executives tracked by ExecPay. In other words, Butt earned more than 94.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 510 out of 8,700 | 94th |
Division Finance, Insurance, And Real Estate | 129 out of 1,930 | 93rd |
Major group Insurance Carriers | 24 out of 266 | 91st |
Industry group Fire, Marine, And Casualty Insurance | 10 out of 144 | 93rd |
Industry Fire, Marine, and Casualty Insurance | 10 out of 144 | 93rd |
Source: SEC filing on March 17, 2010.
Butt's colleagues
We found four more compensation records of executives who worked with Michael A. Butt at AXIS Capital Holdings in 2007.