Sean P. Downes
2015
In 2015, Sean P. Downes earned a total compensation of $25M as Chairman and CEO at Universal Insurance Holdings, a 77% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $7,504,396 |
|---|---|
| Option Awards | $1,939,795 |
| Salary | $2,278,015 |
| Stock Awards | $13,240,000 |
| Other | $70,128 |
| Total | $25,032,334 |
Downes received $13.2M in stock awards, accounting for 53% of the total pay in 2015.
Downes also received $7.5M in non-equity incentive plan, $1.9M in option awards, $2.3M in salary and $70.1K in other compensation.
Rankings
In 2015, Sean P. Downes' compensation ranked 63rd out of 13,638 executives tracked by ExecPay. In other words, Downes earned more than 99.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 63 out of 13,638 | 100th |
Division Finance, Insurance, And Real Estate | 7 out of 2,968 | 100th |
Major group Insurance Carriers | 2 out of 380 | 100th |
Industry group Fire, Marine, And Casualty Insurance | 2 out of 206 | 99th |
Industry Fire, Marine, and Casualty Insurance | 2 out of 206 | 99th |
Source: SEC filing on April 29, 2016.
Downes' colleagues
We found four more compensation records of executives who worked with Sean P. Downes at Universal Insurance Holdings in 2015.
2015
Jon Springer
Universal Insurance Holdings
President, Chief Risk Officer and Director
2015
Stephen Donaghy
Universal Insurance Holdings
Chief Operating Officer
2015
Frank Wilcox
Universal Insurance Holdings
Chief Financial Officer
2015
Kimberly Cooper
Universal Insurance Holdings