Federated National Holding Company CEO Michael Braun's 2018 pay slips 18% to $2.4M
Federated National Holding Company reports 2018 executive compensation
By ExecPay News
Published: August 30, 2019
Federated National Holding Company reported fiscal year 2018 executive compensation information on August 30, 2019.
In 2018, two executives at Federated National Holding Company received on average a compensation package of $1.5M, a 21% increase compared to previous year.
Average pay of disclosed executives at Federated National Holding Company
Michael H. Braun, Chief Executive Officer, received $2.4M in total, which decreased by 18% compared to 2017. 41% of Braun's compensation, or $1M, was in salary. Braun also received $534K in non-equity incentive plan, $873K in stock awards, as well as $16K in other compensation.
For fiscal year 2018, the median employee pay was $62,268 at Federated National Holding Company. Therefore, the ratio of Michael H. Braun's pay to the median employee pay was 39 to one.
Ronald A. Jordan, Chief Financial Officer, received a compensation package of $614K, which increased by 13% compared to previous year. 47% of the compensation package, or $290K, was in salary.
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Source: SEC filing on August 30, 2019.