In 2016, David F. Brussard earned $705.37K in total compensation at Safety Insurance Group, including $212.10K salary and $324.65K in stock. Most recently acquired 1,000 shares in Feb 2023. Currently holds stock worth $32.60M. Has donated $6.93M in stock to charitable causes. Led Safety Insurance Group as CEO for 14 years.
Compensation History
Annual executive compensation data for David F. Brussard, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$705.37K
Salary
$212.10K
Bonus
$0.00
Other
$168.62K
Salary
$212.10KBoard Justification
The compensation philosophy is designed to attract and retain key talent, align interests with shareholders, and reward performance based on company and individual achievements.
Bonus
$0.00Board Justification
No annual cash incentive was awarded in 2016 due to performance metrics not being met.
Other Compensation
$168.62KBoard Justification
Includes employer matching contributions to the EICP, 401(k) plan contributions, and other benefits.
Restricted Stock
Board Justification
Restricted stock that vested in 2016, based on time-based vesting schedule.
Performance Metrics
The performance metrics for 2016 included earnings before income taxes (EBIT) and combined ratio, which were not met to trigger bonuses.
David F. Brussard
Ex-CEO of Safety Insurance Group
Education
Not specified
Field of Expertise
Finance & Banking - Insurance
Sector of Economy
Financial Services
Born
January 1, 1951 - 74 years ago
CEO of Safety Insurance Group for
14 years 2 months (Jan 2002 - Mar 2016)
Previous Experience
Employed by Registrant's insurance subsidiaries for over 40 years.
Other Safety Insurance Group CEOs
Holdings
Track David F. Brussard's stock holdings and portfolio value over time.
Total Stock Sold
$3.19M
$3.19M
46,586 SAFT shares
What if they kept their stock?
If David F. Brussard didn't sell their stock, today they would have:
Extra SAFT46,586 shares worth $3.48M.
This is 8.88% and $283.38K more than what they got when they sold the stock.
Charitable Transactions
92,930 shares
SAFT
Recent Charitable Transactions
7,500 shares
SAFT
Nov 15, 2016
Charity
77,130 shares
SAFT
Dec 10, 2012
Charity
8,300 shares
SAFT
Dec 16, 2010
Charity
Insider Trading
David F. Brussard's recent stock transactions, purchases, and sales filed with the SEC.
1,000 shares
SAFT
Feb 22, 2023
Received
1,000 shares
SAFT
Feb 23, 2022
Received
1,000 shares
SAFT
Feb 24, 2021
Received
1,000 shares
SAFT
Feb 26, 2020
Received
1,000 shares
SAFT
Feb 26, 2019
Received
1,000 shares
SAFT
Feb 26, 2018
Received
$36.08K
SAFT at $80.01/share
Dec 21, 2017
Sale
$1.18M
SAFT at $81.20/share
Dec 14, 2017
Sale
1,000 shares
SAFT
Feb 22, 2017
Received
7,500 shares
SAFT
Nov 15, 2016
Charity
Rivals
Compare David F. Brussard with competitor CEOs and industry peers.