Michael McGavick
2012
In 2012, Michael McGavick earned a total compensation of $9.4M as Chief Executive Officer at XL Group, a 6% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,081,400 |
|---|---|
| Option Awards | $3,070,727 |
| Salary | $1,000,000 |
| Stock Awards | $2,810,783 |
| Other | $485,557 |
| Total | $9,448,467 |
McGavick received $3.1M in option awards, accounting for 32% of the total pay in 2012.
McGavick also received $2.1M in non-equity incentive plan, $1M in salary, $2.8M in stock awards and $485.6K in other compensation.
Rankings
In 2012, Michael McGavick's compensation ranked 462nd out of 11,487 executives tracked by ExecPay. In other words, McGavick earned more than 96.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 462 out of 11,487 | 96th |
Division Finance, Insurance, And Real Estate | 97 out of 2,573 | 96th |
Major group Insurance Carriers | 25 out of 365 | 93rd |
Industry group Fire, Marine, And Casualty Insurance | 13 out of 191 | 93rd |
Industry Fire, Marine, and Casualty Insurance | 13 out of 191 | 93rd |
Source: SEC filing on March 20, 2015.
McGavick's colleagues
We found four more compensation records of executives who worked with Michael McGavick at XL Group in 2012.
2012
James Veghte
XL Group
Executive Vice President, Chief Executive of Reinsurance Operations
2012
Gregory Hendrick
XL Group
Executive Vice President, Chief Executive of Insurance Operations
2012
Sarah Street
XL Group
Chief Investment Officer
2012
Peter Porrino
XL Group