Sundar PichaiSundar Pichai earned $164M in 2023
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Allan Waters

CEO of White Mountains Insurance Group

Economy Sector

Financial Services

Current Tenure

17 years 11 months (Mar 2007 - Present)

Previous Experience

Unknown

Allan Waters has been at the helm of White Mountains Insurance Group, Ltd. since 2007, leading the reinsurance subsidiary, Sirius International Insurance Group. He's known for aligning executive pay with long-term performance, with his compensation reflecting a strong focus on...

Year

2013

Total Compensation

$2.22M

Salary

$500.00K

Board 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

$337.50K

Board 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

$138.11K

Board Justification

Includes director fees, personal use of corporate aircraft, 401(k) match, and other benefits.

Restricted Stock

$1.25M(2.15K WTM Performance Shares)

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.