Essent Group CEO Mark Casale's 2020 pay slips 16% to $6.8M
Essent Group reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
Essent Group reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, five executives at Essent Group received on average a compensation package of $2.7M, a 14% decrease compared to previous year.
Average pay of disclosed executives at Essent Group
Mark A. Casale, Chief Executive Officer, received $6.8M in total, which decreased by 16% compared to 2019. 61% of Casale's compensation, or $4.2M, was in stock awards. Casale also received $1.5M in non-equity incentive plan, $925K in salary, as well as $211K in other compensation.
For fiscal year 2020, the median employee pay was $128,808 at Essent Group. Therefore, the ratio of Mark A. Casale's pay to the median employee pay was 53 to one.
Jeff R. Cashmer, Senior Vice President and Chief Business Officer, received a compensation package of $1.9M, which decreased by 8% compared to previous year. 49% of the compensation package, or $900K, was in stock awards.
Vijay Bhasin, Senior Vice President and Chief Risk Officer, earned $1.8M in 2020, a 14% decrease compared to previous year.
Christopher G. Curran, Senior Vice President, Corporate Development, received $1.6M in 2020, which decreases by 12% compared to 2019.
Lawrence E. McAlee, Chief Financial Officer, earned $1.5M in 2020, a 15% decrease compared to previous year.
Related executives
Mark Casale
Essent Group
Chief Executive Officer
Lawrence McAlee
Essent Group
Chief Financial Officer
Vijay Bhasin
Essent Group
Senior Vice President and Chief Risk Officer
Jeff Cashmer
Essent Group
Former Senior Vice President and Chief Business Officer
Christopher Curran
Essent Group
President, Essent Guaranty, Inc
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Source: SEC filing on April 2, 2021.