Michael McGavick
2013
In 2013, Michael McGavick earned a total compensation of $10.6M as Chief Executive Officer at XL Group, a 12% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $3,027,300 |
|---|---|
| Option Awards | $3,125,006 |
| Salary | $1,187,500 |
| Stock Awards | $2,946,078 |
| Other | $325,823 |
| Total | $10,611,707 |
McGavick received $3.1M in option awards, accounting for 29% of the total pay in 2013.
McGavick also received $3M in non-equity incentive plan, $1.2M in salary, $2.9M in stock awards and $325.8K in other compensation.
Rankings
In 2013, Michael McGavick's compensation ranked 365th out of 12,286 executives tracked by ExecPay. In other words, McGavick earned more than 97.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 365 out of 12,286 | 97th |
Division Finance, Insurance, And Real Estate | 77 out of 2,693 | 97th |
Major group Insurance Carriers | 20 out of 368 | 95th |
Industry group Fire, Marine, And Casualty Insurance | 10 out of 200 | 95th |
Industry Fire, Marine, and Casualty Insurance | 10 out of 200 | 95th |
Source: SEC filing on March 20, 2015.
McGavick's colleagues
We found four more compensation records of executives who worked with Michael McGavick at XL Group in 2013.
2013
James Veghte
XL Group
Executive Vice President, Chief Executive of Reinsurance Operations
2013
Sarah Street
XL Group
Chief Investment Officer
2013
Peter Porrino
XL Group
Chief Financial Officer
2013
Gregory Hendrick
XL Group