Berkley W R CEO William Berkley receives $30M in 2006
Berkley W R reports 2006 executive compensation
By ExecPay News
Published: April 6, 2007
Berkley W R reported fiscal year 2006 executive compensation information on April 6, 2007.
In 2006, five executives at Berkley W R received on average a compensation package of $7.9M.
Average pay of disclosed executives at Berkley W R
William R. Berkley, Chief Executive Officer, received $30M in total. 50% of Berkley's compensation, or $15M, was in non-equity incentive plan. Berkley also received $9.8M of change in pension value and nonqualified deferred compensation earnings, $103K in option awards, $1M in salary, $3.8M in stock awards, as well as $338K in other compensation.
W. Robert Berkley, Jr, Executive Vice President, received a compensation package of $4M. 60% of the compensation package, or $2.4M, was in non-equity incentive plan.
Ira S. Lederman, General Counsel, earned $1.8M in 2006.
Eugene G. Ballard, Chief Financial Officer, received $1.8M in 2006.
James G. Shiel, Senior Vice President Investments, earned $1.7M in 2006.
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Source: SEC filing on April 6, 2007.