ICC Holdings CEO Arron Sutherland's 2019 pay rises 11% to $589K
ICC Holdings reports 2019 executive compensation
By ExecPay News
Published: April 7, 2020
ICC Holdings reported fiscal year 2019 executive compensation information on April 7, 2020.
In 2019, three executives at ICC Holdings received on average a compensation package of $339K, a 9% increase compared to previous year.
Arron K. Sutherland, Chief Executive Officer, received $589K in total, which increased by 11% compared to 2018. 67% of Sutherland's compensation, or $397K, was in salary. Sutherland also received $112K of change in pension value and nonqualified deferred compensation earnings, $60K in non-equity incentive plan, as well as $20K in other compensation.
Norman D. Schmeichel, Vice President and Chief Information Officer, received a compensation package of $222K, which increased by 5% compared to previous year. 87% of the compensation package, or $192K, was in salary.
Michael R. Smith, Chief Financial Officer, earned $207K in 2019, a 6% increase compared to previous year.