Richard R. Grinnan
2020
In 2020, Richard R. Grinnan earned a total compensation of $1.2M as Senior Vice President, Chief Legal Officer and Secretary at Markel.
Compensation breakdown
| Non-Equity Incentive Plan | $350,000 |
|---|---|
| Salary | $500,000 |
| Stock Awards | $350,000 |
| Other | $28,373 |
| Total | $1,228,373 |
Grinnan received $500K in salary, accounting for 41% of the total pay in 2020.
Grinnan also received $350K in non-equity incentive plan, $350K in stock awards and $28.4K in other compensation.
Rankings
In 2020, Richard R. Grinnan's compensation ranked 7,733rd out of 13,090 executives tracked by ExecPay. In other words, Grinnan earned more than 40.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,733 out of 13,090 | 41st |
Division Finance, Insurance, And Real Estate | 1,332 out of 2,550 | 48th |
Major group Insurance Carriers | 218 out of 308 | 29th |
Industry group Fire, Marine, And Casualty Insurance | 105 out of 172 | 39th |
Industry Fire, Marine, and Casualty Insurance | 105 out of 172 | 39th |
Pay ratio
| Richard R. Grinnan's Pay | $1,228,373 |
|---|---|
| Median Employee's Pay | $41,907 |
| Pay Ratio | 29to 1 |
In 2020, the annual total compensation of Richard R. Grinnan was $1,228,373.
The annual total compensation of the median employee at Markel was $41,907.
The ratio of Richard R. Grinnan's pay to the pay of median employee was therefore 29 to one.
Source: SEC filing on March 23, 2021.
Grinnan's colleagues
We found five more compensation records of executives who worked with Richard R. Grinnan at Markel in 2020.