Independence Holding CEO Roy Thung's 2018 pay falls 24% to $2.1M
Independence Holding reports 2018 executive compensation
By ExecPay News
Published: October 3, 2019
Independence Holding reported fiscal year 2018 executive compensation information on October 3, 2019.
In 2018, four executives at Independence Holding received on average a compensation package of $1M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Independence Holding
Roy T.K. Thung, Chief Executive Officer, received $2.1M in total, which decreased by 24% compared to 2017. 53% of Thung's compensation, or $1.1M, was in non-equity incentive plan. Thung also received $339K in bonus, $168K of change in pension value and nonqualified deferred compensation earnings, $485K in salary, as well as $7.7K in other compensation.
David T. Kettig, Chief Operating Officer, received a compensation package of $753K, which decreased by 31% compared to previous year. 53% of the compensation package, or $395K, was in salary.
Vincent J. Furfaro, Senior Vice President Corporate Development and CISO, earned $714K in 2018.
Teresa A. Herbert, Chief Financial Officer, received $536K in 2018, which decreases by 37% compared to 2017.
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Source: SEC filing on October 3, 2019.