Michael McGavick
2011
In 2011, Michael McGavick earned a total compensation of $8.9M as Chief Executive Officer at XL Group, a 15% decrease compared to previous year.
Compensation breakdown
| Bonus | $600,000 |
|---|---|
| Non-Equity Incentive Plan | $683,334 |
| Option Awards | $3,020,653 |
| Salary | $1,000,000 |
| Stock Awards | $2,843,262 |
| Other | $788,816 |
| Total | $8,936,065 |
McGavick received $3M in option awards, accounting for 34% of the total pay in 2011.
McGavick also received $600K in bonus, $683.3K in non-equity incentive plan, $1M in salary, $2.8M in stock awards and $788.8K in other compensation.
Rankings
In 2011, Michael McGavick's compensation ranked 438th out of 10,747 executives tracked by ExecPay. In other words, McGavick earned more than 95.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 438 out of 10,747 | 96th |
Division Finance, Insurance, And Real Estate | 89 out of 2,383 | 96th |
Major group Insurance Carriers | 24 out of 339 | 93rd |
Industry group Fire, Marine, And Casualty Insurance | 9 out of 187 | 95th |
Industry Fire, Marine, and Casualty Insurance | 9 out of 187 | 95th |
Source: SEC filing on March 11, 2013.
McGavick's colleagues
We found three more compensation records of executives who worked with Michael McGavick at XL Group in 2011.