CNO Financial Group CEO Gary Bhojwani's 2021 pay rises 8% to $8.9M
CNO Financial Group reports 2021 executive compensation
By ExecPay News
Published: March 29, 2022
CNO Financial Group reported fiscal year 2021 executive compensation information on March 29, 2022.
In 2021, five executives at CNO Financial Group received on average a compensation package of $3.8M, a 8% increase compared to previous year.
Average pay of disclosed executives at CNO Financial Group
Gary Bhojwani, Chief Executive Officer, received $8.9M in total, which increased by 8% compared to 2020. 57% of Bhojwani's compensation, or $5.1M, was in stock awards. Bhojwani also received $2.6M in non-equity incentive plan, $1M in salary, as well as $222K in other compensation.
For fiscal year 2021, the median employee pay was $67,555 at CNO Financial Group. Therefore, the ratio of Gary Bhojwani's pay to the median employee pay was 132 to one.
Paul H. McDonough, Chief Financial Officer, received a compensation package of $2.7M, which increased by 12% compared to previous year. 41% of the compensation package, or $1.1M, was in stock awards.
Bruce Baude, Chief Operations & Technology Officer, earned $2.5M in 2021, a 6% increase compared to previous year.
Matthew J. Zimpfer, General Counsel, received $2.5M in 2021, which increases by 6% compared to 2020.
Scott L. Goldberg, President, Consumer Division, earned $2.4M in 2021.
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Source: SEC filing on March 29, 2022.