Larry M. Hutchison
2018
In 2018, Larry M. Hutchison earned a total compensation of $7.8M as Co, Chairman and Chief Executive Officer at Torchmark, a 6% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,660,000 |
|---|---|
| Option Awards | $2,112,000 |
| Salary | $920,386 |
| Stock Awards | $3,066,000 |
| Other | $39,022 |
| Total | $7,797,408 |
Hutchison received $3.1M in stock awards, accounting for 39% of the total pay in 2018.
Hutchison also received $1.7M in non-equity incentive plan, $2.1M in option awards, $920.4K in salary and $39K in other compensation.
Rankings
In 2018, Larry M. Hutchison's compensation ranked 1,061st out of 14,244 executives tracked by ExecPay. In other words, Hutchison earned more than 92.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,061 out of 14,244 | 93rd |
Division Finance, Insurance, And Real Estate | 210 out of 2,994 | 93rd |
Major group Insurance Carriers | 51 out of 401 | 87th |
Industry group Life Insurance | 12 out of 88 | 86th |
Industry Life Insurance | 12 out of 88 | 86th |
Pay ratio
| Larry M. Hutchison's Pay | $7,797,408 |
|---|---|
| Median Employee's Pay | $76,409 |
| Pay Ratio | 102to 1 |
In 2018, the annual total compensation of Larry M. Hutchison was $7,797,408.
The annual total compensation of the median employee at Torchmark was $76,409.
The ratio of Larry M. Hutchison's pay to the pay of median employee was therefore 102 to one.
Source: SEC filing on March 15, 2019.
Hutchison's colleagues
We found five more compensation records of executives who worked with Larry M. Hutchison at Torchmark in 2018.