Paresh Patel

HCI Group

Chief Executive Officer

Overview

Paresh Patel made an average of $3.4M in compensation at HCI Group from 2007 to 2018.

Annual data

2018

In 2018, Paresh Patel earned a total compensation of $4.3M as Chief Executive Officer at HCI Group.

Ranking2,120 out of 10,821
Percentile80.4%

Paresh Patel's 2018 compensation ranked 2,120th out of 10,821 executive pay records tracked by us this year.

Patel earned more than 80.4% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking26 out of 137
Percentile81.0%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 26th out of 137 executive pay records tracked by us in 2018.

Patel earned more than 81.0% of executives in this group.

Bonus$569,000
Option Awards$939,400
Salary$950,000
Stock Awards$1,396,800
Other$407,519
Total$4,262,719

Patel received $1.4M in stock awards, which accounts for 32.77% of total compensation.

Patel also received $569K in bonus, $939.4K in option awards, $950K in salary and $407.5K in other compensation.

Paresh Patel's Pay$4,262,719
Median Employee's Pay$41,017
Pay Ratio104 : 1

For fiscal year 2018, the annual total compensation for Paresh Patel was $4,262,719 and for the median employee at HCI Group was $41,017. The resulting ratio of Paresh Patel's pay to the pay of median employee was 104 to one.

2017

In 2017, Paresh Patel earned a total compensation of $4.1M as Chief Executive Officer at HCI Group.

Ranking2,327 out of 13,725
Percentile83.0%

Paresh Patel's 2017 compensation ranked 2,327th out of 13,725 executive pay records tracked by us this year.

Patel earned more than 83.0% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking44 out of 191
Percentile77.0%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 44th out of 191 executive pay records tracked by us in 2017.

Patel earned more than 77.0% of executives in this group.

Option Awards$1,247,388
Salary$950,000
Stock Awards$1,588,400
Other$344,769
Total$4,130,557

Patel received $1.6M in stock awards, which accounts for 38.45% of total compensation.

Patel also received $1.2M in option awards, $950K in salary and $344.8K in other compensation.

2016

In 2016, Paresh Patel earned a total compensation of $2.5M as Chief Executive Officer at HCI Group.

Ranking3,983 out of 14,026
Percentile71.6%

Paresh Patel's 2016 compensation ranked 3,983rd out of 14,026 executive pay records tracked by us this year.

Patel earned more than 71.6% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking79 out of 206
Percentile61.7%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 79th out of 206 executive pay records tracked by us in 2016.

Patel earned more than 61.7% of executives in this group.

Bonus$1,250,000
Salary$934,479
Other$278,148
Total$2,462,627

Patel received $1.3M in bonus, which accounts for 50.76% of total compensation.

Patel also received $934.5K in salary and $278.1K in other compensation.

2015

In 2015, Paresh Patel earned a total compensation of $4.9M as Chief Executive Officer at HCI Group.

Ranking1,658 out of 13,577
Percentile87.8%

Paresh Patel's 2015 compensation ranked 1,658th out of 13,577 executive pay records tracked by us this year.

Patel earned more than 87.8% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking34 out of 206
Percentile83.5%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 34th out of 206 executive pay records tracked by us in 2015.

Patel earned more than 83.5% of executives in this group.

Bonus$4,000,000
Salary$500,481
Other$364,620
Total$4,865,101

Patel received $4M in bonus, which accounts for 82.22% of total compensation.

Patel also received $500.5K in salary and $364.6K in other compensation.

2014

In 2014, Paresh Patel earned a total compensation of $4M as Chief Executive Officer at HCI Group.

Ranking2,098 out of 12,912
Percentile83.8%

Paresh Patel's 2014 compensation ranked 2,098th out of 12,912 executive pay records tracked by us this year.

Patel earned more than 83.8% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking54 out of 211
Percentile74.4%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 54th out of 211 executive pay records tracked by us in 2014.

Patel earned more than 74.4% of executives in this group.

Bonus$3,125,000
Salary$500,481
Other$417,120
Total$4,042,601

Patel received $3.1M in bonus, which accounts for 77.30% of total compensation.

Patel also received $500.5K in salary and $417.1K in other compensation.

2013

In 2013, Paresh Patel earned a total compensation of $15M as Chief Executive Officer at HCI Group.

Ranking178 out of 12,019
Percentile98.5%

Paresh Patel's 2013 compensation ranked 178th out of 12,019 executive pay records tracked by us this year.

Patel earned more than 98.5% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking5 out of 200
Percentile97.5%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 5th out of 200 executive pay records tracked by us in 2013.

Patel earned more than 97.5% of executives in this group.

Bonus$3,563,542
Salary$500,481
Stock Awards$10,630,000
Other$294,620
Total$14,988,643

Patel received $10.6M in stock awards, which accounts for 70.92% of total compensation.

Patel also received $3.6M in bonus, $500.5K in salary and $294.6K in other compensation.

2012

In 2012, Paresh Patel earned a total compensation of $3.1M as Chief Executive Officer at HCI Group.

Ranking2,246 out of 11,074
Percentile79.7%

Paresh Patel's 2012 compensation ranked 2,246th out of 11,074 executive pay records tracked by us this year.

Patel earned more than 79.7% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking60 out of 191
Percentile68.6%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 60th out of 191 executive pay records tracked by us in 2012.

Patel earned more than 68.6% of executives in this group.

Bonus$1,000,000
Non-Equity Incentive Plan$1,570,000
Salary$490,856
Total$3,060,856

Patel received $1.6M in non-equity incentive plan, which accounts for 51.29% of total compensation.

Patel also received $1M in bonus and $490.9K in salary.

2011

In 2011, Paresh Patel earned a total compensation of $700K as Chief Executive Officer at HCI Group.

Ranking6,712 out of 10,193
Percentile34.2%

Paresh Patel's 2011 compensation ranked 6,712th out of 10,193 executive pay records tracked by us this year.

Patel earned more than 34.2% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking144 out of 186
Percentile22.6%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 144th out of 186 executive pay records tracked by us in 2011.

Patel earned more than 22.6% of executives in this group.

Bonus$185,000
Salary$250,200
Other$264,801
Total$700,001

Patel received $264.8K in other compensation, which accounts for 37.83% of total compensation.

Patel also received $185K in bonus and $250.2K in salary.

2010

In 2010, Paresh Patel earned a total compensation of $622K as Chief Executive Officer at HCI Group.

Ranking6,626 out of 9,681
Percentile31.6%

Paresh Patel's 2010 compensation ranked 6,626th out of 9,681 executive pay records tracked by us this year.

Patel earned more than 31.6% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking143 out of 178
Percentile19.7%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 143rd out of 178 executive pay records tracked by us in 2010.

Patel earned more than 19.7% of executives in this group.

Bonus$285,000
Other$337,000
Total$622,000

Patel received $337K in other compensation, which accounts for 54.18% of total compensation.

Patel also received $285K in bonus.

2009

In 2009, Paresh Patel earned a total compensation of $339K as executive chairman at HCI Group.

Ranking7,386 out of 8,941
Percentile17.4%

Paresh Patel's 2009 compensation ranked 7,386th out of 8,941 executive pay records tracked by us this year.

Patel earned more than 17.4% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking150 out of 164
Percentile8.5%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 150th out of 164 executive pay records tracked by us in 2009.

Patel earned more than 8.5% of executives in this group.

Other$339,000
Total$339,000

Patel received $339K in other compensation, which accounts for 100.00% of total compensation.

2008

In 2008, Paresh Patel earned a total compensation of $521.5K as Executive Chairman at HCI Group.

Ranking5,755 out of 8,016
Percentile28.2%

Paresh Patel's 2008 compensation ranked 5,755th out of 8,016 executive pay records tracked by us this year.

Patel earned more than 28.2% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking123 out of 153
Percentile19.6%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 123rd out of 153 executive pay records tracked by us in 2008.

Patel earned more than 19.6% of executives in this group.

Bonus$215,000
Option Awards$89,521
Other$217,000
Total$521,521

Patel received $217K in other compensation, which accounts for 41.61% of total compensation.

Patel also received $215K in bonus and $89.5K in option awards.

2007

In 2007, Paresh Patel earned a total compensation of $221.8K as Executive Chairman at HCI Group.

Ranking6,763 out of 7,304
Percentile7.4%

Paresh Patel's 2007 compensation ranked 6,763rd out of 7,304 executive pay records tracked by us this year.

Patel earned more than 7.4% of all executives tracked by us in 2018.

Industry groupFire, Marine, And Casualty Insurance
Ranking109 out of 121
Percentile9.9%

In the industry group of Fire, Marine, And Casualty Insurance, Patel's pay ranked 109th out of 121 executive pay records tracked by us in 2007.

Patel earned more than 9.9% of executives in this group.

Option Awards$50,750
Other$171,000
Total$221,750

Patel received $171K in other compensation, which accounts for 77.11% of total compensation.

Patel also received $50.8K in option awards.