Jacob F. Scherer, Jr
2007
In 2007, Jacob F. Scherer, Jr earned a total compensation of $1.1M as Senior Vice President The Cincinnati Insurance Company at Cincinnati Financial, a 17% decrease compared to previous year.
Compensation breakdown
| Bonus | $380,632 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $139,082 |
| Option Awards | $175,085 |
| Salary | $411,090 |
| Stock Awards | $22,770 |
| Other | $14,263 |
| Total | $1,142,922 |
Scherer received $411.1K in salary, accounting for 36% of the total pay in 2007.
Scherer also received $380.6K in bonus, $139.1K of change in pension value and nonqualified deferred compensation earnings, $175.1K in option awards, $22.8K in stock awards and $14.3K in other compensation.
Rankings
In 2007, Jacob F. Scherer, Jr's compensation ranked 3,726th out of 8,700 executives tracked by ExecPay. In other words, Scherer earned more than 57.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,726 out of 8,700 | 57th |
Division Finance, Insurance, And Real Estate | 731 out of 1,930 | 62nd |
Major group Insurance Carriers | 171 out of 266 | 36th |
Industry group Fire, Marine, And Casualty Insurance | 86 out of 144 | 40th |
Industry Fire, Marine, and Casualty Insurance | 86 out of 144 | 40th |
Source: SEC filing on March 20, 2008.
Scherer's colleagues
We found four more compensation records of executives who worked with Jacob F. Scherer, Jr at Cincinnati Financial in 2007.