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.
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.