Alleghany CEO Weston Hicks' 2010 pay stays at $5.6M

Alleghany reports 2010 executive compensation

By ExecPay News

Published: March 17, 2011

Alleghany reported fiscal year 2010 executive compensation information on March 17, 2011.
In 2010, six Alleghany executives received on average a compensation package of $2.1M, which is about the same as previous year.
Average pay of disclosed executives at Alleghany
Weston M. Hicks, Chief Executive Officer, received $5.6M in total, which is about the same as previous year. 35% of Hicks' compensation, or $2M, was in stock awards. Hicks also received $822K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1M in salary, as well as $188K in other compensation.
Roger B. Gorham, Chief Financial Officer, received a compensation package of $2.2M, which increased by 10% compared to previous year. 28% of the compensation package, or $628K, was in stock awards.
Robert M. Hart, Former Senior Vice President — Law, earned $1.5M in 2010, a 25% decrease compared to previous year.
Christopher K. Dalrymple, General Counsel, received $1M in 2010, which increases by 25% compared to 2009.
Law Jerry G. Borrelli, Vice President and CAO, earned $1M in 2010, a 5% increase compared to previous year.
Jerry G. Borrelli, VP and CAO, received $1M in 2010, which increases by 5% compared to 2009.

Related executives

Robert Hart

Alleghany

Former Senior Vice President — Law

Law Borrelli

Alleghany

Vice President and CAO

Weston Hicks

Alleghany

Chief Executive Officer

Christopher Dalrymple

Alleghany

General Counsel

Roger Gorham

Alleghany

Senior Vice President - Head of Fixed Income and Treasurer

Jerry Borrelli

Alleghany

Chief Accounting Officer

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Source: SEC filing on March 17, 2011.