CNO Financial Group CEO Gary Bhojwani's 2020 pay jumps 22% to $8.3M
CNO Financial Group reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
CNO Financial Group reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at CNO Financial Group received on average a compensation package of $3.5M, a 18% increase compared to previous year.
Average pay of disclosed executives at CNO Financial Group
Gary Bhojwani, Chief Executive Officer, received $8.3M in total, which increased by 22% compared to 2019. 59% of Bhojwani's compensation, or $4.9M, was in stock awards. Bhojwani also received $2.2M in non-equity incentive plan, $1M in salary, as well as $103K in other compensation.
For fiscal year 2020, the median employee pay was $67,291 at CNO Financial Group. Therefore, the ratio of Gary Bhojwani's pay to the median employee pay was 123 to one.
Paul H. McDonough, Chief Financial Officer, received a compensation package of $2.4M, which increased by 24% compared to previous year. 40% of the compensation package, or $980K, was in stock awards.
Bruce Baude, Chief Operations & Technology Officer, earned $2.3M in 2020, a 12% increase compared to previous year.
Matthew J. Zimpfer, General Counsel, received $2.3M in 2020, which increases by 13% compared to 2019.
Eric Johnson, Chief Investment Officer, earned $2.2M in 2020, a 10% increase compared to previous year.
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Source: SEC filing on March 26, 2021.