Gary L. Coleman

2021

In 2021, Gary L. Coleman earned a total compensation of $8.4M as Co, Chairman and Chief Executive Officer at Torchmark, a 9% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,520,000
Option Awards$2,521,400
Salary$1,000,096
Stock Awards$3,244,560
Other$67,698
Total$8,353,754

Coleman received $3.2M in stock awards, accounting for 39% of the total pay in 2021.

Coleman also received $1.5M in non-equity incentive plan, $2.5M in option awards, $1M in salary and $67.7K in other compensation.

Rankings

In 2021, Gary L. Coleman's compensation ranked 1,366th out of 12,405 executives tracked by ExecPay. In other words, Coleman earned more than 89.0% of executives.

ClassificationRankingPercentile
All
1,366
out of 12,405
89th
Division
Finance, Insurance, And Real Estate
221
out of 2,278
90th
Major group
Insurance Carriers
40
out of 279
86th
Industry group
Life Insurance
5
out of 37
87th
Industry
Life Insurance
5
out of 37
87th

Pay ratio

Gary L. Coleman's Pay$8,353,754
Median Employee's Pay$56,843
Pay Ratio

147

to 1

In 2021, the annual total compensation of Gary L. Coleman was $8,353,754.

The annual total compensation of the median employee at Torchmark was $56,843.

The ratio of Gary L. Coleman's pay to the pay of median employee was therefore 147 to one.

Source: SEC filing on March 16, 2022.

Coleman's colleagues

We found five more compensation records of executives who worked with Gary L. Coleman at Torchmark in 2021.

2021

Larry Hutchison

Torchmark

Chief Executive Officer

2021

Frank Svoboda

Torchmark

Chief Financial Officer

2021

J Darden

Torchmark

Executive Vice President Chief Strategy Officer

2021

Steven Greer

Torchmark

Chief Executive Officer

2021

Michael Majors

Torchmark

Executive Vice President - Administration & Investor Relations

News

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