NI Holdings CEO Michael Alexander's 2020 pay rises 7% to $2.7M
NI Holdings reports 2020 executive compensation
By ExecPay News
Published: April 13, 2021
NI Holdings reported fiscal year 2020 executive compensation information on April 13, 2021.
In 2020, three executives at NI Holdings received on average a compensation package of $1.5M, a 7% increase compared to previous year.
Average pay of disclosed executives at NI Holdings
Michael J. Alexander, Chief Executive Officer, received $2.7M in total, which increased by 7% compared to 2019. 35% of Alexander's compensation, or $951K, was in non-equity incentive plan. Alexander also received $800K in salary, $709K in stock awards, as well as $236K in other compensation.
Brian R. Doom, Chief Financial Officer, received a compensation package of $904K, which decreased by 3% compared to previous year. 34% of the compensation package, or $304K, was in non-equity incentive plan.
Patrick W. Duncan, Vice President of Operations, earned $750K in 2020, a 18% increase compared to previous year.
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Source: SEC filing on April 13, 2021.