Gallagher Arthur J & Co CEO Pat Gallagher's 2018 pay rises 2% to $8.1M
Gallagher Arthur J & Co reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Gallagher Arthur J & Co reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, five executives at Gallagher Arthur J & Co received on average a compensation package of $4.6M, a 7% increase compared to previous year.
Average pay of disclosed executives at Gallagher Arthur J & Co
Pat Gallagher, Chief Executive Officer, received $8.1M in total, which increased by 2% compared to 2017. 41% of Gallagher's compensation, or $3.3M, was in non-equity incentive plan. Gallagher also received $5K of change in pension value and nonqualified deferred compensation earnings, $384K in option awards, $1.3M in salary, $1.9M in stock awards, as well as $1.2M in other compensation.
For fiscal year 2018, the median employee pay was $64,495 at Gallagher Arthur J & Co. Therefore, the ratio of Pat Gallagher's pay to the median employee pay was 125 to one.
Tom Gallagher, President - Global P/C Brokerage, received a compensation package of $4.5M, which increased by 25% compared to previous year. 35% of the compensation package, or $1.6M, was in non-equity incentive plan.
Doug Howell, Chief Financial Officer, earned $4.2M in 2018, a 11% increase compared to previous year.
Scott Hudson, President - Risk Management, received $3.2M in 2018.
Walt Bay, General Counsel, earned $3.1M in 2018.
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Source: SEC filing on March 22, 2019.