Health Insurance Innovations CEO Gavin Southwell's 2019 pay jumps 365% to $10M
Health Insurance Innovations reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
Health Insurance Innovations reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, three executives at Health Insurance Innovations received on average a compensation package of $4.3M, a 200% increase compared to previous year.
Average pay of disclosed executives at Health Insurance Innovations
Gavin D. Southwell, Chief Executive Officer, received $10M in total, which increased by 365% compared to 2018. 81% of Southwell's compensation, or $8.4M, was in stock awards. Southwell also received $1.2M in non-equity incentive plan, $750K in salary, as well as $73K in other compensation.
For fiscal year 2019, the median employee pay was $56,796 at Health Insurance Innovations. Therefore, the ratio of Gavin D. Southwell's pay to the median employee pay was 183 to one.
Erik M. Helding, Chief Financial Officer, received a compensation package of $1.4M. 49% of the compensation package, or $702K, was in stock awards.
Michael D. Hershberger, Chief Financial Officer, earned $936K in 2019, a 15% increase compared to previous year.
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Source: SEC filing on April 17, 2020.