Michael G. Cherkasky
2007
In 2007, Michael G. Cherkasky earned a total compensation of $12.8M as Former President and Chief Executive Officer Marsh & McLennan Companies, Inc at Marsh & McLennan Companies, a 59% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $139,358 |
|---|---|
| Option Awards | $2,919,651 |
| Salary | $1,000,000 |
| Stock Awards | $8,667,745 |
| Other | $32,275 |
| Total | $12,759,029 |
Cherkasky received $8.7M in stock awards, accounting for 68% of the total pay in 2007.
Cherkasky also received $139.4K of change in pension value and nonqualified deferred compensation earnings, $2.9M in option awards, $1M in salary and $32.3K in other compensation.
Rankings
In 2007, Michael G. Cherkasky's compensation ranked 177th out of 8,700 executives tracked by ExecPay. In other words, Cherkasky earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 177 out of 8,700 | 98th |
Division Finance, Insurance, And Real Estate | 66 out of 1,930 | 97th |
Major group Insurance Agents, Brokers, And Service | 3 out of 32 | 91st |
Industry group Insurance Agents, Brokers, And Service | 3 out of 32 | 91st |
Industry Insurance Agents, Brokers, and Service | 3 out of 32 | 91st |
Source: SEC filing on April 1, 2008.
Cherkasky's colleagues
We found six more compensation records of executives who worked with Michael G. Cherkasky 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
M Burns
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