Michael McGavick
2009
In 2009, Michael McGavick earned a total compensation of $6.2M as Chief Executive Officer of the Company at XL Group, a 16% decrease compared to previous year.
Compensation breakdown
| Bonus | $3,000,000 |
|---|---|
| Non-Equity Incentive Plan | $933,333 |
| Option Awards | $889,831 |
| Salary | $1,000,000 |
| Other | $389,273 |
| Total | $6,212,437 |
McGavick received $3M in bonus, accounting for 48% of the total pay in 2009.
McGavick also received $933.3K in non-equity incentive plan, $889.8K in option awards, $1M in salary and $389.3K in other compensation.
Rankings
In 2009, Michael McGavick's compensation ranked 522nd out of 9,885 executives tracked by ExecPay. In other words, McGavick earned more than 94.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 522 out of 9,885 | 95th |
Division Finance, Insurance, And Real Estate | 100 out of 2,204 | 96th |
Major group Insurance Carriers | 28 out of 336 | 92nd |
Industry group Fire, Marine, And Casualty Insurance | 12 out of 182 | 93rd |
Industry Fire, Marine, and Casualty Insurance | 12 out of 182 | 93rd |
Source: SEC filing on March 7, 2011.
McGavick's colleagues
We found four more compensation records of executives who worked with Michael McGavick at XL Group in 2009.
2009
Brian Nocco
XL Group
Chief Financial Officer
2009
James Veghte
XL Group
Executive Vice President, Chief Executive of Reinsurance Operations of the Company
2009
Sarah Street
XL Group
Chief Investment Officer
2009
David Duclos
XL Group