Markel Executive Vice President Paul Springman receives $1.5M in 2006

Markel reports 2006 executive compensation

By ExecPay News

Published: March 26, 2007

Markel reported fiscal year 2006 executive compensation information on March 26, 2007.
In 2006, six Markel executives received on average a compensation package of $1.3M.
Average pay of disclosed executives at Markel
Paul W. Springman, Executive Vice President, received $1.5M in total. 47% of Springman's compensation, or $713K, was in non-equity incentive plan. Springman also received $462K in salary, $269K in stock awards, as well as $72K in other compensation.
Thomas S. Gayner, Chief Investment Officer, received a compensation package of $1.5M. 48% of the compensation package, or $713K, was in non-equity incentive plan.
Alan I. Kirshner, Chief Executive Officer, earned $1.3M in 2006.
Steven A. Markel, Chairman, received $1.2M in 2006.
Richard R. Whitt, III, Chief Financial Officer, earned $1.2M in 2006.
Anthony F. Markel, Chief Operating Officer, received $1.2M in 2006.

Related executives

Alan Kirshner

Markel

Chief Executive Officer

Anthony Markel

Markel

Chief Operating Officer

Steven Markel

Markel

Chairman

Thomas Gayner

Markel

Chief Executive Officer

Paul Springman

Markel

Executive Vice President

Richard Whitt

Markel

Chief Executive Officer

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Source: SEC filing on March 26, 2007.