Richard M. Baio
2020
In 2020, Richard M. Baio earned a total compensation of $2M as Executive Vice President Chief Financial Officer at Berkley W R, a 1% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $755,240 |
|---|---|
| Salary | $646,667 |
| Stock Awards | $522,529 |
| Other | $52,153 |
| Total | $1,976,589 |
Baio received $755.2K in non-equity incentive plan, accounting for 38% of the total pay in 2020.
Baio also received $646.7K in salary, $522.5K in stock awards and $52.2K in other compensation.
Rankings
In 2020, Richard M. Baio's compensation ranked 5,566th out of 13,090 executives tracked by ExecPay. In other words, Baio earned more than 57.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,566 out of 13,090 | 58th |
Division Finance, Insurance, And Real Estate | 928 out of 2,550 | 64th |
Major group Insurance Carriers | 171 out of 308 | 45th |
Industry group Fire, Marine, And Casualty Insurance | 83 out of 172 | 52nd |
Industry Fire, Marine, and Casualty Insurance | 83 out of 172 | 52nd |
Pay ratio
| Richard M. Baio's Pay | $1,976,589 |
|---|---|
| Median Employee's Pay | $92,457 |
| Pay Ratio | 21to 1 |
In 2020, the annual total compensation of Richard M. Baio was $1,976,589.
The annual total compensation of the median employee at Berkley W R was $92,457.
The ratio of Richard M. Baio's pay to the pay of median employee was therefore 21 to one.
Source: SEC filing on April 27, 2021.
Baio's colleagues
We found four more compensation records of executives who worked with Richard M. Baio at Berkley W R in 2020.