Jacob F. Scherer, Jr
2014
In 2014, Jacob F. Scherer, Jr earned a total compensation of $2.6M as Chief Insurance Officer and Executive Vice President The Cincinnati Insurance Company at Cincinnati Financial, a 12% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $766,538 |
|---|---|
| Non-Equity Incentive Plan | $552,338 |
| Option Awards | $90,151 |
| Salary | $845,942 |
| Stock Awards | $325,573 |
| Other | $24,761 |
| Total | $2,605,303 |
Scherer received $845.9K in salary, accounting for 32% of the total pay in 2014.
Scherer also received $766.5K of change in pension value and nonqualified deferred compensation earnings, $552.3K in non-equity incentive plan, $90.2K in option awards, $325.6K in stock awards and $24.8K in other compensation.
Rankings
In 2014, Jacob F. Scherer, Jr's compensation ranked 3,501st out of 13,032 executives tracked by ExecPay. In other words, Scherer earned more than 73.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,501 out of 13,032 | 73rd |
Division Finance, Insurance, And Real Estate | 703 out of 2,844 | 75th |
Major group Insurance Carriers | 172 out of 384 | 55th |
Industry group Fire, Marine, And Casualty Insurance | 94 out of 211 | 56th |
Industry Fire, Marine, and Casualty Insurance | 94 out of 211 | 56th |
Source: SEC filing on March 18, 2015.
Scherer's colleagues
We found four more compensation records of executives who worked with Jacob F. Scherer, Jr at Cincinnati Financial in 2014.
2014
Steven Johnston
Cincinnati Financial
Chief Executive Officer
2014
Charles Stoneburner
Cincinnati Financial
Senior Vice President The Cincinnati Insurance Company
2014
Michael Sewell
Cincinnati Financial
Chief Financial Officer
2014
Martin Hollenbeck
Cincinnati Financial