Sundar PichaiSundar Pichai earned $164M in 2023
G

Cynthia Y. Valko

Ex-CEO of Global Indemnity Group

Education

MBA from Harvard Business School.

Field of Expertise

Finance & Banking - Insurance

Born

May 15, 1961 - 63 years ago

Economy Sector

Financial Services

Tenure

11 years 1 month (Sep 2011 - Oct 2022)

Previous Experience

Senior Vice President at GMAC Insurance, COO at New York Life International.

Cynthia Y. Valko became the CEO of Global Indemnity Group in September 2011, bringing years of experience in the insurance industry. Prior to this, she served as Senior VP of Commercial Lines at GMAC Insurance and had a role at...

Year

2011

Total Compensation

$194.53K

Salary

$115.39K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and shareholder interests, focusing on competitive compensation packages based on peer benchmarking.

Bonus

$72.00K

Board Justification

Cynthia Y. Valko's yearly bonus opportunity of $500,000 was pro-rated for 2011, resulting in a bonus of $144,000, payable 50% in cash and 50% in restricted shares.

Other

$7.15K

Board Justification

Includes matching contributions under the 401(k) plan and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2011 as the stock grants were not specified in the provided data.

Performance Metrics

Performance metrics for determining compensation include underwriting income, premium volume, and underwriting profitability targets.