Assurant CEO Alan Colberg's 2018 pay jumps 47% to $14M

Assurant reports 2018 executive compensation

By ExecPay News

Published: March 25, 2019

Assurant reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, five Assurant executives received on average a compensation package of $6.3M, a 32% increase compared to previous year.
Average pay of disclosed executives at Assurant
Alan B. Colberg, Chief Executive Officer, received $14M in total, which increased by 47% compared to 2017. 77% of Colberg's compensation, or $10M, was in stock awards. Colberg also received $1.7M in non-equity incentive plan, $979K in salary, as well as $400K in other compensation.
Richard S. Dziadzio, Chief Financial Officer, received a compensation package of $5.7M, which increased by 68% compared to previous year. 74% of the compensation package, or $4.2M, was in stock awards.
Gene E. Mergelmeyer, Chief Operating Officer, earned $4.6M in 2018, a 15% decrease compared to previous year.
Ajay Waghray, Chief Technology Officer, received $3.9M in 2018, which increases by 37% compared to 2017.
Christopher J. Pagano, Executive Vice President and Chief Risk Officer ; Executive Vice President, earned $3.6M in 2018, a 15% decrease compared to previous year.

Related executives

Alan Colberg

Assurant

Chief Executive Officer

Richard Dziadzio

Assurant

Chief Financial Officer

Gene Mergelmeyer

Assurant

Chief Operating Officer

Christopher Pagano

Assurant

Executive Vice President and Chief Risk Officer ; Executive Vice President

Ajay Waghray

Assurant

Chief Technology Officer

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Source: SEC filing on March 25, 2019.