Sean P. Downes

2019

In 2019, Sean P. Downes earned a total compensation of $5.4M as Executive Chairman at Universal Insurance Holdings, a 70% decrease compared to previous year.

Compensation breakdown

Bonus$1,000,000
Option Awards$999,999
Salary$998,846
Stock Awards$2,350,500
Other$56,715
Total$5,406,060

Downes received $2.4M in stock awards, accounting for 43% of the total pay in 2019.

Downes also received $1M in bonus, $1M in option awards, $998.8K in salary and $56.7K in other compensation.

Rankings

In 2019, Sean P. Downes' compensation ranked 1,982nd out of 13,971 executives tracked by ExecPay. In other words, Downes earned more than 85.8% of executives.

ClassificationRankingPercentile
All
1,982
out of 13,971
86th
Division
Finance, Insurance, And Real Estate
378
out of 2,901
87th
Major group
Insurance Carriers
74
out of 384
81st
Industry group
Fire, Marine, And Casualty Insurance
32
out of 200
84th
Industry
Fire, Marine, and Casualty Insurance
32
out of 200
84th

Pay ratio

Sean P. Downes' Pay$5,406,060
Median Employee's Pay$76,822
Pay Ratio

70

to 1

In 2019, the annual total compensation of Sean P. Downes was $5,406,060.

The annual total compensation of the median employee at Universal Insurance Holdings was $76,822.

The ratio of Sean P. Downes' pay to the pay of median employee was therefore 70 to one.

Source: SEC filing on April 29, 2020.

Downes' colleagues

We found four more compensation records of executives who worked with Sean P. Downes at Universal Insurance Holdings in 2019.

2019

Stephen Donaghy

Universal Insurance Holdings

Chief Executive Officer

2019

Jon Springer

Universal Insurance Holdings

President, Chief Risk Officer and Director

2019

Frank Wilcox

Universal Insurance Holdings

Chief Financial Officer

2019

Kimberly Campos

Universal Insurance Holdings

Chief Admin. Officer, Chief Information Officer and Director

News

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