Jacob F. Scherer, Jr
2012
In 2012, 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 23% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $613,312 |
|---|---|
| Non-Equity Incentive Plan | $487,500 |
| Option Awards | $72,575 |
| Salary | $750,000 |
| Stock Awards | $358,430 |
| Other | $15,299 |
| Total | $2,297,116 |
Scherer received $750K in salary, accounting for 33% of the total pay in 2012.
Scherer also received $613.3K of change in pension value and nonqualified deferred compensation earnings, $487.5K in non-equity incentive plan, $72.6K in option awards, $358.4K in stock awards and $15.3K in other compensation.
Rankings
In 2012, Jacob F. Scherer, Jr's compensation ranked 3,100th out of 11,487 executives tracked by ExecPay. In other words, Scherer earned more than 73.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,100 out of 11,487 | 73rd |
Division Finance, Insurance, And Real Estate | 616 out of 2,573 | 76th |
Major group Insurance Carriers | 158 out of 365 | 57th |
Industry group Fire, Marine, And Casualty Insurance | 82 out of 191 | 57th |
Industry Fire, Marine, and Casualty Insurance | 82 out of 191 | 57th |
Source: SEC filing on March 18, 2015.
Scherer's colleagues
We found six more compensation records of executives who worked with Jacob F. Scherer, Jr at Cincinnati Financial in 2012.
2012
Kenneth Stecher
Cincinnati Financial
Chief Executive Officer
2012
Steven Johnston
Cincinnati Financial
Chief Executive Officer
2012
Thomas Joseph
Cincinnati Financial
Former Senior Vice President The Cincinnati Insurance Company
2012
Charles Stoneburner
Cincinnati Financial
Senior Vice President The Cincinnati Insurance Company
2012
Michael Sewell
Cincinnati Financial
Chief Financial Officer
2012
Martin Hollenbeck
Cincinnati Financial