Larry M. Hutchison
2021
Compensation breakdown
| Non-Equity Incentive Plan | $1,520,000 |
|---|---|
| Option Awards | $2,521,400 |
| Salary | $1,000,096 |
| Stock Awards | $3,244,560 |
| Other | $37,610 |
| Total | $8,323,666 |
Hutchison received $3.2M in stock awards, accounting for 39% of the total pay in 2021.
Hutchison also received $1.5M in non-equity incentive plan, $2.5M in option awards, $1M in salary and $37.6K in other compensation.
Rankings
In 2021, Larry M. Hutchison's compensation ranked 1,375th out of 12,397 executives tracked by ExecPay. In other words, Hutchison earned more than 88.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,375 out of 12,397 | 89th |
Division Finance, Insurance, And Real Estate | 222 out of 2,278 | 90th |
Major group Insurance Carriers | 41 out of 279 | 85th |
Industry group Life Insurance | 6 out of 37 | 84th |
Industry Life Insurance | 6 out of 37 | 84th |
Pay ratio
| Larry M. Hutchison's Pay | $8,323,666 |
|---|---|
| Median Employee's Pay | $56,843 |
| Pay Ratio | 146to 1 |
In 2021, the annual total compensation of Larry M. Hutchison was $8,323,666.
The annual total compensation of the median employee at Torchmark was $56,843.
The ratio of Larry M. Hutchison's pay to the pay of median employee was therefore 146 to one.
Hutchison's colleagues
We found five more compensation records of executives who worked with Larry M. Hutchison at Torchmark in 2021.
2021
Gary Coleman
Torchmark
Chief Executive Officer
2021
Frank Svoboda
Torchmark
Chief Financial Officer
2021
J Darden
Torchmark
Executive Vice President Chief Strategy Officer
2021
Steven Greer
Torchmark
Chief Executive Officer
2021
Michael Majors
Torchmark