National General Holdings CEO Barry Karfunkel's 2018 pay jumps 67% to $5.9M
National General Holdings reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
National General Holdings reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, five executives at National General Holdings received on average a compensation package of $3.8M, a 75% increase compared to previous year.
Average pay of disclosed executives at National General Holdings
Barry Karfunkel, Chief Executive Officer, received $5.9M in total, which increased by 67% compared to 2017. 52% of Karfunkel's compensation, or $3.1M, was in stock awards. Karfunkel also received $1.9M in non-equity incentive plan, $925K in salary, as well as $270 in other compensation.
For fiscal year 2018, the median employee pay was $51,466 at National General Holdings. Therefore, the ratio of Barry Karfunkel's pay to the median employee pay was 114 to one.
Robert Karfunkel, President, received a compensation package of $5.3M, which increased by 94% compared to previous year. 48% of the compensation package, or $2.5M, was in stock awards.
Michael Weiner, Chief Financial Officer, earned $2.8M in 2018, a 60% increase compared to previous year.
Jeffrey Weissmann, General Counsel, received $2.7M in 2018, which increases by 62% compared to 2017.
Peter Rendall, Chief Operating Officer, earned $2.5M in 2018, a 94% increase compared to previous year.
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Source: SEC filing on March 21, 2019.