AXIS Capital Holdings CEO Albert Benchimol's 2021 pay jumps 28% to $9.3M
AXIS Capital Holdings reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
AXIS Capital Holdings reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, five executives at AXIS Capital Holdings received on average a compensation package of $4.5M, a 40% increase 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 28% compared to 2020. 56% of Benchimol's compensation, or $5.2M, was in stock awards. Benchimol also received $2.3M in non-equity incentive plan, $1.1M in salary, as well as $741K in other compensation.
For fiscal year 2021, the median employee pay was $140,734 at AXIS Capital Holdings. Therefore, the ratio of Albert A. Benchimol's pay to the median employee pay was 66 to one.
Steve K. Arora, Chief Executive Officer, received a compensation package of $4.3M, which increased by 41% compared to previous year. 35% of the compensation package, or $1.5M, was in stock awards.
Peter W. Wilson, Chief Executive Officer, earned $3.5M in 2021, a 58% increase compared to previous year.
Peter J. Vogt, Chief Financial Officer, received $2.9M in 2021, which increases by 52% compared to 2020.
David S. Phillips, Chief Investment Officer, earned $2.6M in 2021, a 47% increase compared to previous year.
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Source: SEC filing on March 25, 2022.