Sean P. Downes
2014
In 2014, Sean P. Downes earned a total compensation of $14.1M as Chairman and CEO at Universal Insurance Holdings, a 50% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $5,457,621 |
|---|---|
| Salary | $2,154,912 |
| Stock Awards | $6,440,000 |
| Other | $80,591 |
| Total | $14,122,856 |
Downes received $6.4M in stock awards, accounting for 46% of the total pay in 2014.
Downes also received $5.5M in non-equity incentive plan, $2.2M in salary and $80.6K in other compensation.
Rankings
In 2014, Sean P. Downes' compensation ranked 269th out of 13,032 executives tracked by ExecPay. In other words, Downes earned more than 97.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 269 out of 13,032 | 98th |
Division Finance, Insurance, And Real Estate | 49 out of 2,844 | 98th |
Major group Insurance Carriers | 11 out of 384 | 97th |
Industry group Fire, Marine, And Casualty Insurance | 6 out of 211 | 97th |
Industry Fire, Marine, and Casualty Insurance | 6 out of 211 | 97th |
Source: SEC filing on April 29, 2016.
Downes' colleagues
We found three more compensation records of executives who worked with Sean P. Downes at Universal Insurance Holdings in 2014.