R. Andrew Watts

2019

In 2019, R. Andrew Watts earned a total compensation of $2M as Chief Financial Officer Executive Vice President and Treasurer at Brown & Brown, a 18% increase compared to previous year.

Compensation breakdown

Bonus$43,000
Non-Equity Incentive Plan$782,000
Salary$500,000
Stock Awards$583,833
Other$62,417
Total$1,971,250

Watts received $782K in non-equity incentive plan, accounting for 40% of the total pay in 2019.

Watts also received $43K in bonus, $500K in salary, $583.8K in stock awards and $62.4K in other compensation.

Rankings

In 2019, R. Andrew Watts' compensation ranked 6,000th out of 13,971 executives tracked by ExecPay. In other words, Watts earned more than 57.1% of executives.

ClassificationRankingPercentile
All
6,000
out of 13,971
57th
Division
Finance, Insurance, And Real Estate
1,137
out of 2,894
61st
Major group
Insurance Agents, Brokers, And Service
43
out of 64
33rd
Industry group
Insurance Agents, Brokers, And Service
43
out of 64
33rd
Industry
Insurance Agents, Brokers, and Service
43
out of 64
33rd

Pay ratio

R. Andrew Watts' Pay$1,971,250
Median Employee's Pay$71,366
Pay Ratio

28

to 1

In 2019, the annual total compensation of R. Andrew Watts was $1,971,250.

The annual total compensation of the median employee at Brown & Brown was $71,366.

The ratio of R. Andrew Watts' pay to the pay of median employee was therefore 28 to one.

Source: SEC filing on March 25, 2020.

Watts' colleagues

We found four more compensation records of executives who worked with R. Andrew Watts at Brown & Brown in 2019.

2019

J Brown

Brown & Brown

Chief Executive Officer

2019

Chris Walker

Brown & Brown

Executive Vice President and President - National Programs Segment

2019

Anthony Strianese

Brown & Brown

Executive Vice President and President - Wholesale Brokerage Segment

2019

J Penny

Brown & Brown

Executive Vice President and Chief Acquisitions Officer

News

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