White Mountains Insurance Group CEO G Rountree's 2018 pay slips 6% to $6.2M
White Mountains Insurance Group reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
White Mountains Insurance Group reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, four executives at White Mountains Insurance Group received on average a compensation package of $3.9M, a 21% decrease compared to previous year.
G. Manning Rountree, Chief Executive Officer, received $6.2M in total, which decreased by 6% compared to 2017. 83% of Rountree's compensation, or $5.2M, was in stock awards. Rountree also received $375K in bonus, $500K in salary, as well as $187K in other compensation.
For fiscal year 2018, the median employee pay was $85,834 at White Mountains Insurance Group. Therefore, the ratio of G. Manning Rountree's pay to the median employee pay was 73 to one.
Reid T. Campbell, Chief Financial Officer, received a compensation package of $4.3M, which decreased by 34% compared to previous year. 76% of the compensation package, or $3.2M, was in stock awards.
Robert L. Seelig, General Counsel, earned $3.7M in 2018, a 23% decrease compared to previous year.
J. Brian Palmer, Chief Accounting Officer, received $1.5M in 2018, which decreases by 25% compared to 2017.