AXIS Capital Holdings CEO Albert Benchimol's 2019 pay rises 19% to $9.3M
AXIS Capital Holdings reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
AXIS Capital Holdings reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, five executives at AXIS Capital Holdings received on average a compensation package of $3.8M, a 11% decrease compared to previous year.
Average pay of disclosed executives at AXIS Capital Holdings
Albert A. Benchimol, Chief Executive Officer, received $9.3M in total, which increased by 19% compared to 2018. 73% of Benchimol's compensation, or $6.7M, was in stock awards. Benchimol also received $701K in non-equity incentive plan, $1.1M in salary, as well as $728K in other compensation.
For fiscal year 2019, the median employee pay was $144,000 at AXIS Capital Holdings. Therefore, the ratio of Albert A. Benchimol's pay to the median employee pay was 64 to one.
Steve K. Arora, Chief Executive Officer, received a compensation package of $3.2M, which decreased by 47% compared to previous year. 44% of the compensation package, or $1.4M, was in stock awards.
Peter W. Wilson, Chief Executive Officer, earned $2.5M in 2019, a 17% decrease compared to previous year.
Peter J. Vogt, Chief Financial Officer, received $2.1M in 2019, which increases by 9% compared to 2018.
David S. Phillips, Chief Investment Officer, earned $2M in 2019, a 25% decrease compared to previous year.
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Source: SEC filing on April 2, 2020.