Palomar Holdings CEO Mac Armstrong's 2021 pay jumps 1,710% to $19M
Palomar Holdings reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
Palomar Holdings reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five executives at Palomar Holdings received on average a compensation package of $6.6M, a 813% increase compared to previous year.
Average pay of disclosed executives at Palomar Holdings
Mac Armstrong, Chief Executive Officer, received $19M in total, which increased by 1,710% compared to 2020. 89% of Armstrong's compensation, or $17M, was in stock awards. Armstrong also received $795K in non-equity incentive plan, $480K in option awards, $846K in salary, as well as $8.7K in other compensation.
Christopher Uchida, Chief Financial Officer, received a compensation package of $5.9M, which increased by 961% compared to previous year. 88% of the compensation package, or $5.2M, was in stock awards.
Jon Christianson, Chief Operating Officer, earned $4.1M in 2021, a 366% increase compared to previous year.
Jonathan Knutzen, Chief Risk Officer, received $2.7M in 2021.
Heath Fisher, President, earned $1.3M in 2021, a 104% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on April 14, 2022.