1347 Property Insurance Holdings CEO Larry Swets' 2022 pay rises 20% to $989K
1347 Property Insurance Holdings reports 2022 executive compensation
By ExecPay News
Published: November 1, 2023
1347 Property Insurance Holdings reported fiscal year 2022 executive compensation information on November 1, 2023.
In 2022, three executives at 1347 Property Insurance Holdings received on average a compensation package of $667K, a 40% increase compared to previous year.
Larry G. Swets, Jr, Chief Executive Officer, received $989K in total, which increased by 20% compared to 2021. 56% of Swets' compensation, or $550K, was in salary. Swets also received $384K in bonus and $55K in other compensation.
Hassan R Baqar, Chief Financial Officer, received a compensation package of $864K, which increased by 199% compared to previous year. 56% of the compensation package, or $480K, was in other compensation.
Brian D. Bottjer, Chief Accounting Officer, earned $147K in 2022, a 48% decrease compared to previous year.