HCI Group Chairman Paresh Patel's 2009 pay falls 35% to $339K
HCI Group reports 2009 executive compensation
By ExecPay News
Published: April 26, 2010
HCI Group reported fiscal year 2009 executive compensation information on April 26, 2010.
In 2009, four HCI Group executives received on average a compensation package of $245K, a 6% decrease compared to previous year.
Average pay of disclosed executives at HCI Group
Paresh Patel, Chairman, received $339K in total, which decreased by 35% compared to 2008.
Francis McCahill, III, Chief Executive Officer, received a compensation package of $277K, which decreased by 22% compared to previous year. 72% of the compensation package, or $200K, was in salary.
Richard R. Allen, Chief Financial Officer, earned $183K in 2009, a 4% decrease compared to previous year.
Sanjay Madhu, vice president of marketing and investor relations, received $182K in 2009, which increases by 21% compared to 2008.
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Source: SEC filing on April 26, 2010.