Sundar PichaiSundar Pichai earned $164M in 2023
D

Donald H. Nikolaus

Ex-CEO of Donegal Group

Field of Expertise

Legal & Compliance - Law

Economy Sector

Financial Services

Tenure

29 years 6 months (Jan 1986 - Jul 2015)

Previous Experience

President and CEO of Donegal Group Inc. since 1986

Donald H. Nikolaus is a veteran in the insurance industry, having served as the President and CEO of Donegal Group Inc. since 1986. With a Juris Doctor degree from the Dickinson School of Law, he brings a legal background to...

Year

2015

Total Compensation

$1.32M

Salary

$800.00K

Board Justification

The compensation philosophy aims to attract and retain talented executives while aligning their interests with company performance and shareholder value.

Bonus

$440.00K

Board Justification

The bonus is based on the company's underwriting profit for the completed fiscal year, reflecting a significant increase from the previous year due to improved operational results.

Other

$83.48K

Board Justification

This includes directors and committee meeting fees and a matching 401(k) plan contribution.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2015 as all stock options granted are subject to vesting schedules.

Performance Metrics

The performance metrics include underwriting profit, return on equity, and growth in net written premiums.