Top insurance executives are in third place among industry sectors for total compensation packages, but without stock considerations their cash paychecks are the biggest, a survey has found.
According to The Conference Board, the highest median total compensation was recorded for utilities CEOs ($3.9 million), followed by food and tobacco ($3.8 million), and insurance ($3.2 million), with construction a close fourth.
The group said its research found that chief executive officers of the largest companies actually have a substantial amount of "skin in the game" when the amount of their pay tied to their company's stock is considered.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
