Michael R. Heaton
2021
In 2021, Michael R. Heaton earned a total compensation of $1.4M as President, Markel Ventures at Markel.
Compensation breakdown
| Non-Equity Incentive Plan | $431,250 |
|---|---|
| Salary | $520,673 |
| Stock Awards | $431,250 |
| Other | $26,896 |
| Total | $1,410,069 |
Heaton received $520.7K in salary, accounting for 37% of the total pay in 2021.
Heaton also received $431.3K in non-equity incentive plan, $431.3K in stock awards and $26.9K in other compensation.
Rankings
In 2021, Michael R. Heaton's compensation ranked 7,516th out of 12,415 executives tracked by ExecPay. In other words, Heaton earned more than 39.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,516 out of 12,415 | 40th |
Division Finance, Insurance, And Real Estate | 1,158 out of 2,276 | 49th |
Major group Insurance Carriers | 198 out of 279 | 29th |
Industry group Fire, Marine, And Casualty Insurance | 85 out of 140 | 39th |
Industry Fire, Marine, and Casualty Insurance | 85 out of 140 | 39th |
Pay ratio
| Michael R. Heaton's Pay | $1,410,069 |
|---|---|
| Median Employee's Pay | $42,786 |
| Pay Ratio | 33to 1 |
In 2021, the annual total compensation of Michael R. Heaton was $1,410,069.
The annual total compensation of the median employee at Markel was $42,786.
The ratio of Michael R. Heaton's pay to the pay of median employee was therefore 33 to one.
Source: SEC filing on March 24, 2022.
Heaton's colleagues
We found five more compensation records of executives who worked with Michael R. Heaton at Markel in 2021.