In 2022, David B. Edelson earned $3.74M in total compensation at Loews, including $1.12M salary, $1.96M bonus and $400.00K in stock. Most recently acquired 2,994 shares in Jan 2025. Currently holds stock worth $14.50M. Led Loews as CEO for 8 years.
Compensation History
Annual executive compensation data for David B. Edelson, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$3.74M
Salary
$1.12M
Bonus
$1.96M
Other
$263.47K
Salary
$1.12MBoard Justification
The compensation philosophy emphasizes performance-based compensation to align executive interests with shareholder value creation, while avoiding excessive compensation levels.
Bonus
$1.96MBoard Justification
Cash incentive compensation awarded based on performance metrics established in the first quarter of 2022, paid in the first quarter of 2023.
Other Compensation
$263.47KBoard Justification
Includes contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
Performance-based restricted stock units (PRSUs) granted in 2022, which vested based on performance metrics, with 100% earned due to performance-based income exceeding target levels.
Performance Metrics
Performance metrics include performance-based income per share, with targets set at the beginning of the year.
David B. Edelson
Ex-CEO of Loews
Education
MBA from Harvard Business School
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1971 - 54 years ago
CEO of Loews for
8 years 4 months (Jan 2014 - May 2022)
Previous Experience
Senior Vice President at Loews Corporation since 2005
Other Loews CEOs
Holdings
Track David B. Edelson's stock holdings and portfolio value over time.
Total Stock Sold
$16.88M
$4.74M
104,113 L shares
$12.14M
153,200 AN shares
What if they kept their stock?
If David B. Edelson didn't sell their stock, today they would have:
Extra L104,113 shares worth $10.70M and AN153,200 shares worth $33.08M.
This is 159.39% and $26.90M more than what they got when they sold the stock.
Insider Trading
David B. Edelson's recent stock transactions, purchases, and sales filed with the SEC.
2,994 shares
AN
Jan 2, 2025
Received
$1.68M
AN at $168.00/share
Apr 29, 2024
Sale
1,659 shares
AN
Jan 2, 2024
Received
$2.75M
AN at $137.48/share
Feb 28, 2023
Sale
2,331 shares
AN
Jan 3, 2023
Received
$1.43M
AN at $108.00/share
Feb 25, 2022
Sale
2,192 shares
AN
Jan 3, 2022
Received
$321.53K
AN at $128.61/share
Nov 12, 2021
Sale
$719.30K
L at $55.92/share
Aug 11, 2021
Sale
$303.43K
AN at $121.37/share
Jul 29, 2021
Sale
Rivals
Compare David B. Edelson with competitor CEOs and industry peers.
Craig Smiddy
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2023 Compensation
Stock
$575.29K
Salary
$926.67K
Bonus
$2.28M
Other
$37.02K
Total Holdings
$5.24M
Evan G. Greenberg
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2023 Compensation
Stock
$18.41M
Salary
$1.55M
Bonus
$9.00M
Other
$1.46M
Total Holdings
$327.07M
Christopher J. Swift
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2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$3.86M
Other
$312.77K
Total Holdings
$49.40M
Michel A. Khalaf
CEO of MetLife
2023 Compensation
Stock
$15.81M
Salary
$1.48M
Bonus
$4.80M
Other
$279.92K
Total Holdings
$104.98M
Steven R. Johnston
CEO of Cincinnati Financial
2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$0.00
Other
$233.32K
Total Holdings
$26.91M