Alleghany CEO Weston Hicks receives $7.5M in 2020
Alleghany reports 2020 executive compensation
By ExecPay News
Published: March 15, 2021
Alleghany reported fiscal year 2020 executive compensation information on March 15, 2021.
In 2020, five Alleghany executives received on average a compensation package of $3.6M.
Weston M. Hicks, Chief Executive Officer, received $7.5M in total. 47% of Hicks' compensation, or $3.5M, was in stock awards. Hicks also received $362K of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $1.1M in salary, as well as $187K in other compensation.
For fiscal year 2020, the median employee pay was $46,015 at Alleghany. Therefore, the ratio of Weston M. Hicks' pay to the median employee pay was 162 to one.
Joseph P. Brandon, Executive Vice President, received a compensation package of $4.3M. 45% of the compensation package, or $2M, was in stock awards.
Christopher K. Dalrymple, General Counsel, earned $2.7M in 2020.
Kerry J. Jacobs, Chief Financial Officer, received $2.1M in 2020.
John F. Shannon, Chief Investment Officer, earned $1.4M in 2020.