Assurant CEO Alan Colberg's 2019 pay falls 25% to $10M
Assurant reports 2019 executive compensation
By ExecPay News
Published: March 23, 2020
Assurant reported fiscal year 2019 executive compensation information on March 23, 2020.
In 2019, five Assurant executives received on average a compensation package of $5M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Assurant
Alan B. Colberg, Chief Executive Officer, received $10M in total, which decreased by 25% compared to 2018. 62% of Colberg's compensation, or $6.3M, was in stock awards. Colberg also received $690K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $1M in salary, as well as $500K in other compensation.
Gene E. Mergelmeyer, Chief Operating Officer, received a compensation package of $5.9M, which increased by 29% compared to previous year. 40% of the compensation package, or $2.4M, was in stock awards.
Richard S. Dziadzio, Chief Financial Officer, earned $3.5M in 2019, a 38% decrease compared to previous year.
Keith W. Demmings, Executive Vice President and President, Global Lifestyle, received $3M in 2019.
Robyn Price Stonehill, Chief Human Resources Officer, earned $2.2M in 2019.
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Source: SEC filing on March 23, 2020.