Heritage Insurance Holdings CEO Bruce Lucas' 2018 pay jumps 30% to $8.7M
Heritage Insurance Holdings reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
Heritage Insurance Holdings reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, three executives at Heritage Insurance Holdings received on average a compensation package of $4.3M, a 20% increase compared to previous year.
Average pay of disclosed executives at Heritage Insurance Holdings
Bruce Lucas, Chief Executive Officer, received $8.7M in total, which increased by 30% compared to 2017. 40% of Lucas' compensation, or $3.5M, was in non-equity incentive plan. Lucas also received $3M in bonus, $2.2M in salary, as well as $30K in other compensation.
Richard Widdicombe, President, received a compensation package of $2.7M, which decreased by 1% compared to previous year. 71% of the compensation package, or $1.9M, was in salary.
Ernie Garateix, Chief Operating Officer, earned $1.4M in 2018, a 13% increase compared to previous year.
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Source: SEC filing on April 3, 2019.