DONEGAL GROUP CEO Kevin Burke's 2021 pay falls 21% to $1M
DONEGAL GROUP reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
DONEGAL GROUP reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five executives at DONEGAL GROUP received on average a compensation package of $745K, a 20% decrease compared to previous year.
Average pay of disclosed executives at DONEGAL GROUP
Kevin G. Burke, Chief Executive Officer, received $1M in total, which decreased by 21% compared to 2020. 68% of Burke's compensation, or $695K, was in salary. Burke also received $174K in bonus, $29K in option awards, $7K in stock awards, as well as $113K in other compensation.
Jeffrey D. Miller, Chief Financial Officer, received a compensation package of $871K, which decreased by 20% compared to previous year. 67% of the compensation package, or $588K, was in salary.
Jeffery T. Hay, Senior Vice President, earned $665K in 2021.
Sanjay Pandey, Senior Vice President and Chief Information Officer, received $602K in 2021, which decreases by 23% compared to 2020.
Richard G. Kelley, Senior Vice President, earned $571K in 2021, a 26% decrease compared to previous year.
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Source: SEC filing on March 18, 2022.