Palomar Holdings CEO Mac Armstrong's 2019 pay jumps 265% to $3.1M
Palomar Holdings reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
Palomar Holdings reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, three executives at Palomar Holdings received on average a compensation package of $1.8M, a 182% increase compared to previous year.
Mac Armstrong, Chief Executive Officer, received $3.1M in total, which increased by 265% compared to 2018. 32% of Armstrong's compensation, or $1M, was in bonus. Armstrong also received $745K in non-equity incentive plan, $855K in option awards, $500K in salary, as well as $14K in other compensation.
Heath Fisher, President, received a compensation package of $1.7M, which increased by 185% compared to previous year. 29% of the compensation package, or $500K, was in bonus.
Jon Christianson, Chief Operating Officer, earned $667K in 2019, a 34% increase compared to previous year.