Everest Re Group CEO Joseph Taranto's 2012 pay jumps 67% to $17M
Everest Re Group reports 2012 executive compensation
By ExecPay News
Published: April 10, 2013
Everest Re Group reported fiscal year 2012 executive compensation information on April 10, 2013.
In 2012, six executives at Everest Re Group received on average a compensation package of $5M, a 31% increase compared to previous year.
Average pay of disclosed executives at Everest Re Group
Joseph V. Taranto, Chief Executive Officer, received $17M in total, which increased by 67% compared to 2011. 68% of Taranto's compensation, or $12M, was in stock awards. Taranto also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $3.2M in non-equity incentive plan, $1M in salary, as well as $197K in other compensation.
Dominic J. Addesso, Chief Executive Officer, received a compensation package of $4.8M, which increased by 44% compared to previous year. 43% of the compensation package, or $2.1M, was in stock awards.
John P. Doucette, Executive Vice President and Chief Underwriting Officer, earned $2.2M in 2012, a 7% increase compared to previous year.
Mark S. de Saram, Chief Executive Officer, received $2.1M in 2012, which increases by 9% compared to 2011.
Craig Howie, Chief Financial Officer, earned $1.9M in 2012.
Sanjoy Mukherjee, General Counsel, received $1.4M in 2012, which increases by 16% compared to 2011.
Related executives
Joseph Taranto
Everest Re Group
Chief Executive Officer
Dominic Addesso
Everest Re Group
Chief Executive Officer
Mark de Saram
Everest Re Group
Chief Executive Officer
John Doucette
Everest Re Group
Executive Vice President and Chief Underwriting Officer
Craig Howie
Everest Re Group
Chief Financial Officer
Sanjoy Mukherjee
Everest Re Group
General Counsel
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Source: SEC filing on April 10, 2013.