NI Holdings CEO Michael Alexander's 2021 pay slips 16% to $2.3M
NI Holdings reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
NI Holdings reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, three executives at NI Holdings received on average a compensation package of $1.2M, a 20% decrease compared to previous year.
Average pay of disclosed executives at NI Holdings
Michael J. Alexander, Chief Executive Officer, received $2.3M in total, which decreased by 16% compared to 2020. 38% of Alexander's compensation, or $870K, was in stock awards. Alexander also received $308K in non-equity incentive plan, $820K in salary, as well as $272K in other compensation.
Seth C. Daggett, Chief Financial Officer, received a compensation package of $614K. 45% of the compensation package, or $277K, was in salary.
Patrick W. Duncan, Senior Vice President, Operations, earned $602K in 2021, a 20% decrease compared to previous year.
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Source: SEC filing on April 12, 2022.