James Veghte
2008
In 2008, James Veghte earned a total compensation of $4M as Executive Vice President, Chief Executive of Reinsurance Operations of the Company at XL Group, a 40% increase compared to previous year.
Compensation breakdown
| Bonus | $1,000,000 |
|---|---|
| Non-Equity Incentive Plan | $428,296 |
| Option Awards | $1,272,272 |
| Salary | $541,667 |
| Stock Awards | $480,625 |
| Other | $293,712 |
| Total | $4,016,572 |
Veghte received $1.3M in option awards, accounting for 32% of the total pay in 2008.
Veghte also received $1M in bonus, $428.3K in non-equity incentive plan, $541.7K in salary, $480.6K in stock awards and $293.7K in other compensation.
Rankings
In 2008, James Veghte's compensation ranked 1,132nd out of 9,135 executives tracked by ExecPay. In other words, Veghte earned more than 87.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,132 out of 9,135 | 88th |
Division Finance, Insurance, And Real Estate | 220 out of 2,034 | 89th |
Major group Insurance Carriers | 61 out of 306 | 80th |
Industry group Fire, Marine, And Casualty Insurance | 33 out of 167 | 80th |
Industry Fire, Marine, and Casualty Insurance | 33 out of 167 | 80th |
Source: SEC filing on March 7, 2011.
Veghte's colleagues
We found four more compensation records of executives who worked with James Veghte at XL Group in 2008.