Jacob F. Scherer, Jr
2013
In 2013, Jacob F. Scherer, Jr earned a total compensation of $3M as Chief Insurance Officer and Executive Vice President The Cincinnati Insurance Company at Cincinnati Financial, a 29% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $576,577 |
|---|---|
| Non-Equity Incentive Plan | $1,072,500 |
| Option Awards | $87,210 |
| Salary | $813,462 |
| Stock Awards | $403,799 |
| Other | $17,882 |
| Total | $2,971,429 |
Scherer received $1.1M in non-equity incentive plan, accounting for 36% of the total pay in 2013.
Scherer also received $576.6K of change in pension value and nonqualified deferred compensation earnings, $87.2K in option awards, $813.5K in salary, $403.8K in stock awards and $17.9K in other compensation.
Rankings
In 2013, Jacob F. Scherer, Jr's compensation ranked 2,563rd out of 12,286 executives tracked by ExecPay. In other words, Scherer earned more than 79.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,563 out of 12,286 | 79th |
Division Finance, Insurance, And Real Estate | 556 out of 2,693 | 79th |
Major group Insurance Carriers | 135 out of 368 | 63rd |
Industry group Fire, Marine, And Casualty Insurance | 70 out of 200 | 65th |
Industry Fire, Marine, and Casualty Insurance | 70 out of 200 | 65th |
Source: SEC filing on March 18, 2015.
Scherer's colleagues
We found five more compensation records of executives who worked with Jacob F. Scherer, Jr at Cincinnati Financial in 2013.
2013
Steven Johnston
Cincinnati Financial
Chief Executive Officer
2013
Kenneth Stecher
Cincinnati Financial
Chief Executive Officer
2013
Michael Sewell
Cincinnati Financial
Chief Financial Officer
2013
Charles Stoneburner
Cincinnati Financial
Senior Vice President The Cincinnati Insurance Company
2013
Martin Hollenbeck
Cincinnati Financial