AXIS Capital Holdings CEO Albert Benchimol's 2020 pay falls 22% to $7.3M
AXIS Capital Holdings reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
AXIS Capital Holdings reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at AXIS Capital Holdings received on average a compensation package of $3.2M, a 15% decrease compared to previous year.
Average pay of disclosed executives at AXIS Capital Holdings
Albert A. Benchimol, Chief Executive Officer, received $7.3M in total, which decreased by 22% compared to 2019. 69% of Benchimol's compensation, or $5M, was in stock awards. Benchimol also received $77K in bonus, $385K in non-equity incentive plan, $1.1M in salary, as well as $704K in other compensation.
For fiscal year 2020, the median employee pay was $156,400 at AXIS Capital Holdings. Therefore, the ratio of Albert A. Benchimol's pay to the median employee pay was 46 to one.
Steve K. Arora, Chief Executive Officer, received a compensation package of $3.1M, which decreased by 3% compared to previous year. 39% of the compensation package, or $1.2M, was in stock awards.
Peter W. Wilson, Chief Executive Officer, earned $2.2M in 2020, a 12% decrease compared to previous year.
Peter J. Vogt, Chief Financial Officer, received $1.9M in 2020, which decreases by 12% compared to 2019.
David S. Phillips, Chief Investment Officer, earned $1.8M in 2020, a 11% decrease compared to previous year.
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Source: SEC filing on March 26, 2021.