NI Holdings CEO Michael Alexander's 2018 pay rises 9% to $2.6M
NI Holdings reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
NI Holdings reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, three executives at NI Holdings received on average a compensation package of $1.4M, a 7% increase compared to previous year.
Average pay of disclosed executives at NI Holdings
Michael J. Alexander, Chief Executive Officer, received $2.6M in total, which increased by 9% compared to 2017. 32% of Alexander's compensation, or $841K, was in non-equity incentive plan. Alexander also received $750K in salary, $743K in stock awards, as well as $293K in other compensation.
Brian R. Doom, Chief Financial Officer, received a compensation package of $958K, which increased by 4% compared to previous year. 30% of the compensation package, or $285K, was in salary.
Patrick W. Duncan, Vice President of Operations, earned $697K in 2018, a 2% increase compared to previous year.
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Source: SEC filing on April 11, 2019.