Jacob F. Scherer, Jr
2011
In 2011, Jacob F. Scherer, Jr earned a total compensation of $1.9M as Chief Insurance Officer and Executive Vice President The Cincinnati Insurance Company at Cincinnati Financial, a 51% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $383,887 |
|---|---|
| Non-Equity Incentive Plan | $487,500 |
| Option Awards | $69,587 |
| Salary | $734,177 |
| Stock Awards | $182,059 |
| Other | $13,751 |
| Total | $1,870,961 |
Scherer received $734.2K in salary, accounting for 39% of the total pay in 2011.
Scherer also received $383.9K of change in pension value and nonqualified deferred compensation earnings, $487.5K in non-equity incentive plan, $69.6K in option awards, $182.1K in stock awards and $13.8K in other compensation.
Rankings
In 2011, Jacob F. Scherer, Jr's compensation ranked 3,521st out of 10,747 executives tracked by ExecPay. In other words, Scherer earned more than 67.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,521 out of 10,747 | 67th |
Division Finance, Insurance, And Real Estate | 663 out of 2,383 | 72nd |
Major group Insurance Carriers | 169 out of 339 | 50th |
Industry group Fire, Marine, And Casualty Insurance | 89 out of 187 | 52nd |
Industry Fire, Marine, and Casualty Insurance | 89 out of 187 | 52nd |
Source: SEC filing on March 7, 2014.
Scherer's colleagues
We found five more compensation records of executives who worked with Jacob F. Scherer, Jr at Cincinnati Financial in 2011.
2011
Kenneth Stecher
Cincinnati Financial
Chief Executive Officer
2011
Steven Johnston
Cincinnati Financial
Chief Executive Officer
2011
Thomas Joseph
Cincinnati Financial
Former Senior Vice President The Cincinnati Insurance Company
2011
Michael Sewell
Cincinnati Financial
Chief Financial Officer
2011
Martin Hollenbeck
Cincinnati Financial