Sean P. Downes
2007
In 2007, Sean P. Downes earned a total compensation of $6.1M as Senior Vice President, Chief Operating Officer and Director at Universal Insurance Holdings, a 229% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,913,953 |
|---|---|
| Option Awards | $2,454,445 |
| Salary | $691,500 |
| Other | $69,045 |
| Total | $6,128,943 |
Downes received $2.9M in non-equity incentive plan, accounting for 48% of the total pay in 2007.
Downes also received $2.5M in option awards, $691.5K in salary and $69K in other compensation.
Rankings
In 2007, Sean P. Downes' compensation ranked 618th out of 8,700 executives tracked by ExecPay. In other words, Downes earned more than 92.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 618 out of 8,700 | 93rd |
Division Finance, Insurance, And Real Estate | 150 out of 1,930 | 92nd |
Major group Insurance Carriers | 28 out of 266 | 90th |
Industry group Fire, Marine, And Casualty Insurance | 12 out of 144 | 92nd |
Industry Fire, Marine, and Casualty Insurance | 12 out of 144 | 92nd |
Source: SEC filing on April 16, 2010.
Downes' colleagues
We found two more compensation records of executives who worked with Sean P. Downes at Universal Insurance Holdings in 2007.