In 2013, Allan Waters earned $2.22M in total compensation at White Mountains Insurance Group, including $500.00K salary, $337.50K bonus and $1.25M in stock. Most recently acquired 1,200 shares in Feb 2015. Currently holds stock worth $26.36M. Has donated $15.68M in stock to charitable causes. Has led White Mountains Insurance Group for over 18 years.
Compensation History
Annual executive compensation data for Allan Waters, including salary, bonuses, and stock awards.
Year
2013
Total Compensation
$2.22M
Salary
$500.00K
Bonus
$337.50K
Other
$138.11K
Salary
$500.00KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning management's financial interests with those of shareholders, with a focus on long-term incentives tied to company performance.
Bonus
$337.50KBoard Justification
Annual incentive bonuses earned based on performance, with a target of 50% of salary, awarded at 135% of target due to exceeding performance objectives.
Other Compensation
$138.11KBoard Justification
Includes director fees, personal use of corporate aircraft, 401(k) match, and other benefits.
Restricted Stock
Board Justification
Vested WTM performance shares from the 2011-2013 performance cycle, which became fully vested on December 31, 2013 at 130% of target.
Performance Metrics
Performance metrics include annual growth in intrinsic business value per share and underwriting return on deployed capital.
Allan Waters
CEO of White Mountains Insurance Group
Sector of Economy
Financial Services
CEO of White Mountains Insurance Group for
18 years 9 months (Mar 2007 - Present)
Previous Experience
Unknown
Other White Mountains Insurance Group CEOs
Holdings
Track Allan Waters's stock holdings and portfolio value over time.
Charitable Transactions
7,704 shares
WTM
Recent Charitable Transactions
7,704 shares
WTM
Dec 31, 2012
Charity
Insider Trading
Allan Waters's recent stock transactions, purchases, and sales filed with the SEC.
1,200 shares
WTM
Feb 25, 2015
Received
1,200 shares
WTM
Nov 19, 2014
Received
2,145 shares
WTM
Feb 26, 2014
Received
1,335 shares
WTM
Feb 27, 2013
Received
7,700 shares
WTM
Dec 31, 2012
Charity
7,704 shares
WTM
Dec 31, 2012
Charity
1,485 shares
WTM
Feb 22, 2012
Received
6,122 shares
WTM
Feb 22, 2012
Received
$804.00K
WTM at $402.00/share
May 27, 2011
Purchase
1,650 shares
WTM
Feb 23, 2011
Received
Rivals
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