National General Holdings CEO Barry Karfunkel's 2019 pay slips 5% to $5.6M
National General Holdings reports 2019 executive compensation
By ExecPay News
Published: March 12, 2020
National General Holdings reported fiscal year 2019 executive compensation information on March 12, 2020.
In 2019, five executives at National General Holdings received on average a compensation package of $3.7M, a 5% decrease compared to previous year.
Barry Karfunkel, Chief Executive Officer, received $5.6M in total, which decreased by 5% compared to 2018. 52% of Karfunkel's compensation, or $2.9M, was in stock awards. Karfunkel also received $1.8M in non-equity incentive plan, $925K in salary, as well as $270 in other compensation.
For fiscal year 2019, the median employee pay was $50,541 at National General Holdings. Therefore, the ratio of Barry Karfunkel's pay to the median employee pay was 111 to one.
Robert Karfunkel, President, received a compensation package of $5M, which decreased by 5% compared to previous year. 48% of the compensation package, or $2.4M, was in stock awards.
Michael Weiner, Chief Financial Officer, earned $2.7M in 2019, a 4% decrease compared to previous year.
Jeffrey Weissmann, General Counsel, received $2.6M in 2019, which decreases by 5% compared to 2018.
Peter Rendall, Chief Operating Officer, earned $2.4M in 2019, a 7% decrease compared to previous year.