DONEGAL GROUP CEO Kevin Burke's 2020 pay jumps 25% to $1.3M
DONEGAL GROUP reports 2020 executive compensation
By ExecPay News
Published: March 15, 2021
DONEGAL GROUP reported fiscal year 2020 executive compensation information on March 15, 2021.
In 2020, five executives at DONEGAL GROUP received on average a compensation package of $936K, a 26% increase compared to previous year.
Kevin G. Burke, Chief Executive Officer, received $1.3M in total, which increased by 25% compared to 2019. 52% of Burke's compensation, or $665K, was in salary. Burke also received $486K in bonus, $31K in option awards, $7.4K in stock awards, as well as $101K in other compensation.
Jeffrey D. Miller, Chief Financial Officer, received a compensation package of $1.1M, which increased by 35% compared to previous year. 51% of the compensation package, or $560K, was in salary.
Sanjay Pandey, Senior Vice President and Chief Information Officer, earned $776K in 2020, a 17% increase compared to previous year.
Richard G. Kelley, Senior Vice President, received $776K in 2020, which increases by 19% compared to 2019.
Daniel J. Wagner, Senior Vice President and Treasurer, earned $742K in 2020, a 18% increase compared to previous year.