Delphi Financial Group CEO Robert Rosenkranz's 2007 pay jumps 56% to $11M
Delphi Financial Group reports 2007 executive compensation
By ExecPay News
Published: April 10, 2008
Delphi Financial Group reported fiscal year 2007 executive compensation information on April 10, 2008.
In 2007, five executives at Delphi Financial Group received on average a compensation package of $3.4M, a 13% increase compared to previous year.
Robert Rosenkranz, Chief Executive Officer, received $11M in total, which increased by 56% compared to 2006. 36% of Rosenkranz's compensation, or $4.1M, was in option awards. Rosenkranz also received $2.2M of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $793K in salary, $3M in stock awards, as well as $107K in other compensation.
Donald A. Sherman, Chief Operating Officer, received a compensation package of $3M, which increased by 32% compared to previous year. 28% of the compensation package, or $840K, was in non-equity incentive plan.
Harold F. Ilg, Chairman, earned $1.5M in 2007, a 16% decrease compared to previous year.
Lawrence E. Daurelle, Chief Executive Officer, received $831K in 2007.
Thomas W. Burghart, Senior Vice President and Treasurer of the Company and of RSLIC, earned $410K in 2007, a 49% decrease compared to previous year.
Related executives
Harold Ilg
Delphi Financial Group
Chairman
Robert Rosenkranz
Delphi Financial Group
Chief Executive Officer
Thomas Burghart
Delphi Financial Group
Senior Vice President and Treasurer of the Company and of RSLIC
Lawrence Daurelle
Delphi Financial Group
Chief Executive Officer
Donald Sherman
Delphi Financial Group