1347 Property Insurance Holdings CEO Larry Swets' 2023 pay jumps 103% to $2M
1347 Property Insurance Holdings reports 2023 executive compensation
By ExecPay News
Published: November 21, 2024
1347 Property Insurance Holdings reported fiscal year 2023 executive compensation information on November 21, 2024.
In 2023, two executives at 1347 Property Insurance Holdings received on average a compensation package of $1.4M, a 114% increase compared to previous year.
Average pay of disclosed executives at 1347 Property Insurance Holdings
Larry G. Swets, Jr, Chief Executive Officer, received $2M in total, which increased by 103% compared to 2022. 70% of Swets' compensation, or $1.4M, was in stock awards. Swets also received $550K in salary and $61K in other compensation.
Hassan R Baqar, Chief Financial Officer, received a compensation package of $844K, which decreased by 2% compared to previous year. 57% of the compensation package, or $480K, was in other compensation.
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Source: SEC filing on November 21, 2024.