Torchmark CEO Gary Coleman's 2018 pay slips 6% to $7.8M
Torchmark reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
Torchmark reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, six Torchmark executives received on average a compensation package of $4.3M, a 1% increase compared to previous year.
Average pay of disclosed executives at Torchmark
Gary L. Coleman, Chief Executive Officer, received $7.8M in total, which decreased by 6% compared to 2017. 39% of Coleman's compensation, or $3.1M, was in stock awards. Coleman also received $1.7M in non-equity incentive plan, $2.1M in option awards, $920K in salary, as well as $73K in other compensation.
For fiscal year 2018, the median employee pay was $76,409 at Torchmark. Therefore, the ratio of Gary L. Coleman's pay to the median employee pay was 102 to one.
Larry M. Hutchison, Chief Executive Officer, received a compensation package of $7.8M, which decreased by 6% compared to previous year. 39% of the compensation package, or $3.1M, was in stock awards.
Frank M. Svoboda, Chief Financial Officer, earned $3.2M in 2018, a 4% decrease compared to previous year.
W. Michael Pressley, Chief Investment Officer, received $2.8M in 2018, which decreases by 9% compared to 2017.
J. Matthew Darden, Executive Vice President & Chief Strategy Officer, earned $2.2M in 2018, a 13% increase compared to previous year.
Steven K. Greer, Chief Executive Officer, received $2.1M in 2018, which increases by 34% compared to 2017.
Related executives
You may also like
Source: SEC filing on March 15, 2019.