Sean P. Downes

2018

In 2018, Sean P. Downes earned a total compensation of $17.9M as Chairman and CEO at Universal Insurance Holdings, a 7% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$6,606,463
Option Awards$5,433,862
Salary$2,217,499
Stock Awards$3,604,392
Other$61,163
Total$17,923,379

Downes received $6.6M in non-equity incentive plan, accounting for 37% of the total pay in 2018.

Downes also received $5.4M in option awards, $2.2M in salary, $3.6M in stock awards and $61.2K in other compensation.

Rankings

In 2018, Sean P. Downes' compensation ranked 217th out of 14,244 executives tracked by ExecPay. In other words, Downes earned more than 98.5% of executives.

ClassificationRankingPercentile
All
217
out of 14,244
99th
Division
Finance, Insurance, And Real Estate
37
out of 2,986
99th
Major group
Insurance Carriers
7
out of 401
98th
Industry group
Fire, Marine, And Casualty Insurance
3
out of 202
99th
Industry
Fire, Marine, and Casualty Insurance
3
out of 202
99th

Pay ratio

Sean P. Downes' Pay$17,923,379
Median Employee's Pay$64,090
Pay Ratio

280

to 1

In 2018, the annual total compensation of Sean P. Downes was $17,923,379.

The annual total compensation of the median employee at Universal Insurance Holdings was $64,090.

The ratio of Sean P. Downes' pay to the pay of median employee was therefore 280 to one.

Source: SEC filing on April 29, 2019.

Downes' colleagues

We found four more compensation records of executives who worked with Sean P. Downes at Universal Insurance Holdings in 2018.

2018

Jon Springer

Universal Insurance Holdings

President, Chief Risk Officer and Director

2018

Stephen Donaghy

Universal Insurance Holdings

Chief Operating Officer

2018

Frank Wilcox

Universal Insurance Holdings

Chief Financial Officer

2018

Kimberly Campos

Universal Insurance Holdings

Chief Admin. Officer, Chief Information Officer and Director

News

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