R. Andrew Watts
2021
Compensation breakdown
| Bonus | $300,000 |
|---|---|
| Non-Equity Incentive Plan | $1,393,000 |
| Salary | $600,000 |
| Stock Awards | $832,964 |
| Other | $66,103 |
| Total | $3,192,067 |
Watts received $1.4M in non-equity incentive plan, accounting for 44% of the total pay in 2021.
Watts also received $300K in bonus, $600K in salary, $833K in stock awards and $66.1K in other compensation.
Rankings
In 2021, R. Andrew Watts' compensation ranked 4,191st out of 12,415 executives tracked by ExecPay. In other words, Watts earned more than 66.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,191 out of 12,415 | 66th |
Division Finance, Insurance, And Real Estate | 634 out of 2,276 | 72nd |
Major group Insurance Agents, Brokers, And Service | 27 out of 51 | 47th |
Industry group Insurance Agents, Brokers, And Service | 27 out of 51 | 47th |
Industry Insurance Agents, Brokers, and Service | 27 out of 51 | 47th |
Pay ratio
| R. Andrew Watts' Pay | $3,192,067 |
|---|---|
| Median Employee's Pay | $91,957 |
| Pay Ratio | 35to 1 |
In 2021, the annual total compensation of R. Andrew Watts was $3,192,067.
The annual total compensation of the median employee at Brown & Brown was $91,957.
The ratio of R. Andrew Watts' pay to the pay of median employee was therefore 35 to one.
Watts' colleagues
We found four more compensation records of executives who worked with R. Andrew Watts at Brown & Brown in 2021.
2021
J Brown
Brown & Brown
Chief Executive Officer
2021
Chris Walker
Brown & Brown
Executive Vice President and President – National Programs segment
2021
P Brown
Brown & Brown
Executive Vice President and President - Retail segment
2021
J Penny
Brown & Brown