Greenlight Capital Re Chief Underwriting Officer Brendan Barry's 2018 pay jumps 32% to $1.4M

Greenlight Capital Re reports 2018 executive compensation

Published: March 12, 2019

Greenlight Capital Re reported fiscal year 2018 executive compensation information on March 12, 2019.

In 2018, six executives at Greenlight Capital Re received on average a compensation package of $972.9K, a 45% decrease compared to previous year.

Average pay of disclosed executives at Greenlight Capital Re

Brendan Barry, Chief Underwriting Officer, received $1.4M in total, which increased by 32% compared to 2017. 36.71% of Barry's compensation, or $500K, was in salary. Barry also received $430K in bonus, $21.4K in non-equity incentive plan, $400K in stock awards, as well as $10.6K in other compensation.

For fiscal year 2018, the median employee pay was $299,241 at Greenlight Capital Re. 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 $1.3M, which decreased by 76% compared to previous year. 51.56% of the compensation package, or $650K, was in salary.

Tim Courtis, Chief Financial Officer, earned $917.4K in 2018, a 15% decrease compared to previous year.

Patrick O'Brien, Chief Executive Officer, received $830.1K in 2018, which increases by 32% compared to 2017.

Michael Belfatti, Chief Operating Officer, earned $783.8K in 2018, a 8% decrease compared to previous year.

Laura Accurso, General Counsel, received $683.6K in 2018.