GREENLIGHT CAPITAL RE, LTD. reports 2018 executive compensation

Chief Underwriting Officer Brendan Barry receives $1.4M

GREENLIGHT CAPITAL RE, LTD. reported fiscal year 2018 executive compensation information on March 12, 2019.

In 2018, six executives at GREENLIGHT CAPITAL RE, LTD. received on average a compensation package of $972,908, a 45% decrease compared to previous year.

Average pay of disclosed executives at GREENLIGHT CAPITAL RE, LTD.

Brendan Barry, Chief Underwriting Officer, received $1,362,035 in total, which increased by 32% compared to 2017. 36.71% of Barry's compensation, or $500,000, was in salary. Barry also received $430,000 in bonus, $21,425 in non-equity incentive plan, $400,000 in stock awards, as well as $10,610 in other compensation.

For fiscal year 2018, the median employee pay was $299,241 at GREENLIGHT CAPITAL RE, LTD.. Therefore, the ratio of Brendan Barry's pay to the median employee pay was 5 to one.

Simon Burton, Chief Executive Officer, received a compensation package of $1,260,610, which decreased by 76% compared to previous year. 51.56% of the compensation package, or $650,000, was in salary.

Tim Courtis, Chief Financial Officer, earned $917,405 in 2018, a 15% decrease compared to previous year.

Patrick O'Brien, Chief Executive Officer, received $830,088 in 2018, which increases by 32% compared to 2017.

Michael Belfatti, Chief Operating Officer, earned $783,752 in 2018, a 8% decrease compared to previous year.

Laura Accurso, General Counsel, received $683,558 in 2018.

GREENLIGHT CAPITAL RE, LTD.'s fiscal year ends on undefined 0.