Universal Insurance Holdings CEO Stephen Donaghy's 2021 pay rises 7% to $3.5M
Universal Insurance Holdings reports 2021 executive compensation
By ExecPay News
Published: April 29, 2022
Universal Insurance Holdings reported fiscal year 2021 executive compensation information on April 29, 2022.
In 2021, five executives at Universal Insurance Holdings received on average a compensation package of $1.3M, a 47% decrease compared to previous year.
Average pay of disclosed executives at Universal Insurance Holdings
Stephen J. Donaghy, Chief Executive Officer, received $3.5M in total, which increased by 7% compared to 2020. 41% of Donaghy's compensation, or $1.5M, was in stock awards. Donaghy also received $1M in option awards, $1M in salary, as well as $72K in other compensation.
For fiscal year 2021, the median employee pay was $73,006 at Universal Insurance Holdings. Therefore, the ratio of Stephen J. Donaghy's pay to the median employee pay was 48 to one.
Sean P. Downes, Chairman, received a compensation package of $1.1M, which decreased by 57% compared to previous year. 93% of the compensation package, or $1M, was in salary.
Frank C. Wilcox, Chief Financial Officer, earned $1M in 2021, a 16% decrease compared to previous year.
Kimberly D. Campos, Chief Admin. Officer, Chief Information Officer and Director, received $519K in 2021, which increases by 15% compared to 2020.
Jon W. Springer, Former President and Chief Risk Officer; Director, earned $285K in 2021, a 94% decrease compared to previous year.
Related executives
Stephen Donaghy
Universal Insurance Holdings
Chief Executive Officer
Sean Downes
Universal Insurance Holdings
Chairman
Frank Wilcox
Universal Insurance Holdings
Chief Financial Officer
Kimberly Campos
Universal Insurance Holdings
Chief Admin. Officer, Chief Information Officer and Director
Jon Springer
Universal Insurance Holdings
Former President and Chief Risk Officer; Director
You may also like
Source: SEC filing on April 29, 2022.