Sean P. Downes
2016
In 2016, Sean P. Downes earned a total compensation of $16.3M as Chairman and CEO at Universal Insurance Holdings, a 35% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $7,033,024 |
|---|---|
| Option Awards | $3,939,027 |
| Salary | $2,306,456 |
| Stock Awards | $3,000,002 |
| Other | $57,714 |
| Total | $16,336,223 |
Downes received $7M in non-equity incentive plan, accounting for 43% of the total pay in 2016.
Downes also received $3.9M in option awards, $2.3M in salary, $3M in stock awards and $57.7K in other compensation.
Rankings
In 2016, Sean P. Downes' compensation ranked 204th out of 14,075 executives tracked by ExecPay. In other words, Downes earned more than 98.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 204 out of 14,075 | 99th |
Division Finance, Insurance, And Real Estate | 33 out of 3,063 | 99th |
Major group Insurance Carriers | 6 out of 401 | 99th |
Industry group Fire, Marine, And Casualty Insurance | 2 out of 206 | 99th |
Industry Fire, Marine, and Casualty Insurance | 2 out of 206 | 99th |
Source: SEC filing on April 29, 2019.
Downes' colleagues
We found four more compensation records of executives who worked with Sean P. Downes at Universal Insurance Holdings in 2016.
2016
Jon Springer
Universal Insurance Holdings
President, Chief Risk Officer and Director
2016
Stephen Donaghy
Universal Insurance Holdings
Chief Operating Officer
2016
Frank Wilcox
Universal Insurance Holdings
Chief Financial Officer
2016
Kimberly Campos
Universal Insurance Holdings