Essent Group CEO Mark Casale's 2020 pay slips 16% to $6.8M

Essent Group reports 2020 executive compensation

By ExecPay News

Published: April 2, 2021

Essent Group reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, five executives at Essent Group received on average a compensation package of $2.7M, a 14% decrease compared to previous year.
Average pay of disclosed executives at Essent Group
Mark A. Casale, Chief Executive Officer, received $6.8M in total, which decreased by 16% compared to 2019. 61% of Casale's compensation, or $4.2M, was in stock awards. Casale also received $1.5M in non-equity incentive plan, $925K in salary, as well as $211K in other compensation.
For fiscal year 2020, the median employee pay was $128,808 at Essent Group. Therefore, the ratio of Mark A. Casale's pay to the median employee pay was 53 to one.
Jeff R. Cashmer, Senior Vice President and Chief Business Officer, received a compensation package of $1.9M, which decreased by 8% compared to previous year. 49% of the compensation package, or $900K, was in stock awards.
Vijay Bhasin, Senior Vice President and Chief Risk Officer, earned $1.8M in 2020, a 14% decrease compared to previous year.
Christopher G. Curran, Senior Vice President, Corporate Development, received $1.6M in 2020, which decreases by 12% compared to 2019.
Lawrence E. McAlee, Chief Financial Officer, earned $1.5M in 2020, a 15% decrease 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 April 2, 2021.