Richard M. Baio
2019
In 2019, Richard M. Baio earned a total compensation of $2M as Executive Vice President Chief Financial Officer and Treasurer at Berkley W R, a 6% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $786,551 |
|---|---|
| Salary | $625,000 |
| Stock Awards | $522,564 |
| Other | $56,730 |
| Total | $1,990,846 |
Baio received $786.6K in non-equity incentive plan, accounting for 40% of the total pay in 2019.
Baio also received $625K in salary, $522.6K in stock awards and $56.7K in other compensation.
Rankings
In 2019, Richard M. Baio's compensation ranked 5,947th out of 13,971 executives tracked by ExecPay. In other words, Baio earned more than 57.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,947 out of 13,971 | 57th |
Division Finance, Insurance, And Real Estate | 1,129 out of 2,901 | 61st |
Major group Insurance Carriers | 233 out of 384 | 39th |
Industry group Fire, Marine, And Casualty Insurance | 106 out of 200 | 47th |
Industry Fire, Marine, and Casualty Insurance | 106 out of 200 | 47th |
Pay ratio
| Richard M. Baio's Pay | $1,990,846 |
|---|---|
| Median Employee's Pay | $105,106 |
| Pay Ratio | 19to 1 |
In 2019, the annual total compensation of Richard M. Baio was $1,990,846.
The annual total compensation of the median employee at Berkley W R was $105,106.
The ratio of Richard M. Baio's pay to the pay of median employee was therefore 19 to one.
Source: SEC filing on April 27, 2020.
Baio's colleagues
We found five more compensation records of executives who worked with Richard M. Baio at Berkley W R in 2019.