Richard R. Whitt, III
2019
In 2019, Richard R. Whitt, III earned a total compensation of $4.8M as Co, Chief Executive Officer at Markel, a 30% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,425,000 |
|---|---|
| Salary | $1,000,000 |
| Stock Awards | $2,375,000 |
| Other | $27,522 |
| Total | $4,827,522 |
Whitt received $2.4M in stock awards, accounting for 49% of the total pay in 2019.
Whitt also received $1.4M in non-equity incentive plan, $1M in salary and $27.5K in other compensation.
Rankings
In 2019, Richard R. Whitt, III's compensation ranked 2,318th out of 13,971 executives tracked by ExecPay. In other words, Whitt earned more than 83.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,318 out of 13,971 | 83rd |
Division Finance, Insurance, And Real Estate | 451 out of 2,901 | 85th |
Major group Insurance Carriers | 92 out of 384 | 76th |
Industry group Fire, Marine, And Casualty Insurance | 40 out of 200 | 80th |
Industry Fire, Marine, and Casualty Insurance | 40 out of 200 | 80th |
Pay ratio
| Richard R. Whitt, III's Pay | $4,827,522 |
|---|---|
| Median Employee's Pay | $39,303 |
| Pay Ratio | 123to 1 |
In 2019, the annual total compensation of Richard R. Whitt, III was $4,827,522.
The annual total compensation of the median employee at Markel was $39,303.
The ratio of Richard R. Whitt, III's pay to the pay of median employee was therefore 123 to one.
Source: SEC filing on March 24, 2020.
Whitt's colleagues
We found five more compensation records of executives who worked with Richard R. Whitt, III at Markel in 2019.