Essent Group CEO Mark Casale's 2018 pay rises 2% to $6.7M
Essent Group reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Essent Group reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five executives at Essent Group received on average a compensation package of $2.9M, a 3% increase compared to previous year.
Average pay of disclosed executives at Essent Group
Mark A. Casale, Chief Executive Officer, received $6.7M in total, which increased by 2% compared to 2017. 54% of Casale's compensation, or $3.6M, was in stock awards. Casale also received $2.2M in non-equity incentive plan, $900K in salary, as well as $42K in other compensation.
For fiscal year 2018, the median employee pay was $109,874 at Essent Group. Therefore, the ratio of Mark A. Casale's pay to the median employee pay was 61 to one.
Jeff R. Cashmer, Senior Vice President and Chief Business Officer, received a compensation package of $2.1M, which increased by 1% compared to previous year. 43% of the compensation package, or $900K, was in stock awards.
Vijay Bhasin, Senior Vice President and Chief Risk Officer, earned $2.1M in 2018, a 2% increase compared to previous year.
Christopher G. Curran, Senior Vice President, Corporate Development, received $1.7M in 2018.
Lawrence E. McAlee, Chief Financial Officer, earned $1.7M in 2018, a 3% increase compared to previous year.
Related executives
Mark Casale
Essent Group
Chief Executive Officer
Lawrence McAlee
Essent Group
Chief Financial Officer
Vijay Bhasin
Essent Group
Senior Vice President and Chief Risk Officer
Jeff Cashmer
Essent Group
Former Senior Vice President and Chief Business Officer
Christopher Curran
Essent Group
President, Essent Guaranty, Inc
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Source: SEC filing on March 29, 2019.