Jacob F. Scherer, Jr
2015
In 2015, Jacob F. Scherer, Jr earned a total compensation of $2.3M as Chief Insurance Officer and Executive Vice President The Cincinnati Insurance Company at Cincinnati Financial, a 13% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $721,831 |
|---|---|
| Non-Equity Incentive Plan | $169,015 |
| Option Awards | $90,465 |
| Salary | $863,477 |
| Stock Awards | $410,863 |
| Other | $13,842 |
| Total | $2,269,493 |
Scherer received $863.5K in salary, accounting for 38% of the total pay in 2015.
Scherer also received $721.8K of change in pension value and nonqualified deferred compensation earnings, $169K in non-equity incentive plan, $90.5K in option awards, $410.9K in stock awards and $13.8K in other compensation.
Rankings
In 2015, Jacob F. Scherer, Jr's compensation ranked 4,245th out of 13,638 executives tracked by ExecPay. In other words, Scherer earned more than 68.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,245 out of 13,638 | 69th |
Division Finance, Insurance, And Real Estate | 798 out of 2,968 | 73rd |
Major group Insurance Carriers | 159 out of 380 | 58th |
Industry group Fire, Marine, And Casualty Insurance | 82 out of 206 | 60th |
Industry Fire, Marine, and Casualty Insurance | 82 out of 206 | 60th |
Source: SEC filing on March 21, 2018.
Scherer's colleagues
We found three more compensation records of executives who worked with Jacob F. Scherer, Jr at Cincinnati Financial in 2015.