Mercury General Chairman George Joseph's 2009 pay jumps 51% to $1.5M
Mercury General reports 2009 executive compensation
By ExecPay News
Published: March 31, 2010
Mercury General reported fiscal year 2009 executive compensation information on March 31, 2010.
In 2009, five executives at Mercury General received on average a compensation package of $1M, a 53% increase compared to previous year.
George Joseph, Chairman, received $1.5M in total, which increased by 51% compared to 2008. 58% of Joseph's compensation, or $850K, was in salary. Joseph also received $35K in bonus, $491K in non-equity incentive plan, as well as $82K in other compensation.
Gabriel Tirador, Chief Executive Officer, received a compensation package of $1.4M, which increased by 67% compared to previous year. 52% of the compensation package, or $750K, was in salary.
Christopher Graves, Chief Investment Officer, earned $848K in 2009, a 146% increase compared to previous year.
Theodore Stalick, Chief Financial Officer, received $801K in 2009, which increases by 57% compared to 2008.
Allan Lubitz, Senior Vice President and Chief Information Officer, earned $602K in 2009, a 11% decrease compared to previous year.
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George Joseph
Mercury General
Chairman
Gabriel Tirador
Mercury General
President, Chief Executive Office and Director
Christopher Graves
Mercury General
Chief Investment Officer
Theodore Stalick
Mercury General
Chief Financial Officer
Allan Lubitz
Mercury General