R. Andrew Watts

2018

In 2018, R. Andrew Watts earned a total compensation of $1.7M as Chief Financial Officer Executive Vice President and Treasurer at Brown & Brown, a 10% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$537,000
Salary$500,000
Stock Awards$582,991
Other$51,217
Total$1,671,208

Watts received $583K in stock awards, accounting for 35% of the total pay in 2018.

Watts also received $537K in non-equity incentive plan, $500K in salary and $51.2K in other compensation.

Rankings

In 2018, R. Andrew Watts' compensation ranked 6,631st out of 14,244 executives tracked by ExecPay. In other words, Watts earned more than 53.4% of executives.

ClassificationRankingPercentile
All
6,631
out of 14,244
53rd
Division
Finance, Insurance, And Real Estate
1,229
out of 2,994
59th
Major group
Insurance Agents, Brokers, And Service
35
out of 52
33rd
Industry group
Insurance Agents, Brokers, And Service
35
out of 52
33rd
Industry
Insurance Agents, Brokers, and Service
35
out of 52
33rd

Pay ratio

R. Andrew Watts' Pay$1,671,208
Median Employee's Pay$66,650
Pay Ratio

25

to 1

In 2018, the annual total compensation of R. Andrew Watts was $1,671,208.

The annual total compensation of the median employee at Brown & Brown was $66,650.

The ratio of R. Andrew Watts' pay to the pay of median employee was therefore 25 to one.

Source: SEC filing on March 21, 2019.

Watts' colleagues

We found four more compensation records of executives who worked with R. Andrew Watts at Brown & Brown in 2018.

2018

J Brown

Brown & Brown

Chief Executive Officer

2018

Anthony Strianese

Brown & Brown

Executive Vice President and President - Wholesale Brokerage Segment

2018

Chris Walker

Brown & Brown

Executive Vice President and President - National Programs Segment

2018

J Penny

Brown & Brown

Executive Vice President and Chief Acquisitions Officer

News

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