White Mountains Insurance Group CEO G Rountree's 2019 pay rises 10% to $6.9M

White Mountains Insurance Group reports 2019 executive compensation

By ExecPay News

Published: April 7, 2020

White Mountains Insurance Group reported fiscal year 2019 executive compensation information on April 7, 2020.

In 2019, five executives at White Mountains Insurance Group received on average a compensation package of $4.2M, a 8% increase compared to previous year.

Average pay of disclosed executives at White Mountains Insurance Group

G. Manning Rountree, Chief Executive Officer, received $6.9M in total, which increased by 10% compared to 2018. 82% of Rountree's compensation, or $5.6M, was in stock awards. Rountree also received $529K in non-equity incentive plan, $500K in salary, as well as $221K in other compensation.

For fiscal year 2019, the median employee pay was $42,523 at White Mountains Insurance Group. Therefore, the ratio of G. Manning Rountree's pay to the median employee pay was 161 to one.

Reid T. Campbell, Chief Financial Officer, received a compensation package of $4.9M, which increased by 15% compared to previous year. 76% of the compensation package, or $3.7M, was in stock awards.

Frank R. Bazos, Executive Vice President Head of Mergers & Acquisitions, earned $4.7M in 2019.

Robert L. Seelig, General Counsel, received $3M in 2019, which decreases by 21% compared to 2018.

J. Brian Palmer, Chief Accounting Officer, earned $1.8M in 2019, a 16% increase compared to previous year.