Mercury General Chairman George Joseph's 2011 pay jumps 81% to $1.8M

Mercury General reports 2011 executive compensation

By ExecPay News

Published: April 2, 2012

Mercury General reported fiscal year 2011 executive compensation information on April 2, 2012.
In 2011, five executives at Mercury General received on average a compensation package of $1.2M, a 38% increase compared to previous year.
Average pay of disclosed executives at Mercury General
George Joseph, Chairman, received $1.8M in total, which increased by 81% compared to 2010. 49% of Joseph's compensation, or $880K, was in salary. Joseph also received $37K in bonus, $514K in non-equity incentive plan, $302K in stock awards, as well as $55K in other compensation.
Gabriel Tirador, Chief Executive Officer, received a compensation package of $1.7M, which increased by 51% compared to previous year. 48% of the compensation package, or $812K, was in salary.
Christopher Graves, Chief Investment Officer, earned $868K in 2011, a 12% increase compared to previous year.
Theodore Stalick, Chief Financial Officer, received $827K in 2011, which increases by 8% compared to 2010.
Allan Lubitz, Senior Vice President and Chief Information Officer, earned $657K in 2011, a 12% increase compared to previous year.

Related executives

George Joseph

Mercury General

Chairman

Gabriel Tirador

Mercury General

President, Chief Executive Office and Director

Theodore Stalick

Mercury General

Chief Financial Officer

Allan Lubitz

Mercury General

Former Senior Vice President Chief Information Officer

Christopher Graves

Mercury General

Chief Investment Officer

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Source: SEC filing on April 2, 2012.