In 2021, Douglas D. Dirks earned $1.13M in total compensation at Employers Holdings, including $441.97K salary and $265.38K bonus. Most recently acquired 51,240 shares in Apr 2021. Currently holds stock worth $21.38M. Has led Employers Holdings for over 20 years.
Compensation History
Annual executive compensation data for Douglas D. Dirks, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$1.13M
Salary
$441.97K
Bonus
$265.38K
Other
$423.86K
Salary
$441.97KBoard Justification
The compensation philosophy emphasizes performance-based compensation linked to the company's financial performance and aligns executive interests with those of stockholders.
Bonus
$265.38KBoard Justification
The bonus awarded to Mr. Dirks reflects an annual incentive cash bonus prorated for the period during which he was employed with the Company, as he retired on April 1, 2021.
Other Compensation
$423.86KBoard Justification
Includes the following payments: car allowance, perquisites, 401(k) matching contributions, cash dividends paid, excess accrued vacation, life insurance premiums, and personal benefits.
Restricted Stock
Board Justification
Mr. Dirks did not receive any stock grants in 2021 as he received additional vesting acceleration of outstanding RSU and PSU awards upon his retirement on April 1, 2021.
Performance Metrics
The performance metrics for the CEO's compensation in 2021 were based on the company's Adjusted GAAP Calendar Year Combined Ratio.
Douglas D. Dirks
CEO of Employers Holdings
Education
B.A. and M.B.A. degrees from the University of Texas and a J.D. degree from the University of South Dakota
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of Employers Holdings for
20 years 8 months (Apr 2005 - Present)
Previous Experience
Chief Executive Officer of EICN since December 1999, ECIC since May 2002, EPIC since November 2008, and EAC since November 2008
Holdings
Track Douglas D. Dirks's stock holdings and portfolio value over time.
Total Stock Sold
$16.10M
$16.10M
478,534 EIG shares
What if they kept their stock?
If Douglas D. Dirks didn't sell their stock, today they would have:
Extra EIG478,534 shares worth $18.95M.
This is 17.66% and $2.84M more than what they got when they sold the stock.
Insider Trading
Douglas D. Dirks's recent stock transactions, purchases, and sales filed with the SEC.
51,240 shares
EIG
Apr 1, 2021
Received
$1.25M
EIG at $33.56/share
Feb 23, 2021
Sale
52,920 shares
EIG
Jan 22, 2021
Received
$175.56K
EIG at $29.26/share
May 5, 2020
Purchase
$557.65K
EIG at $29.35/share
May 1, 2020
Purchase
14,320 shares
EIG
Mar 10, 2020
Received
$1.54M
EIG at $42.47/share
Feb 24, 2020
Sale
55,240 shares
EIG
Jan 24, 2020
Received
13,800 shares
EIG
Mar 6, 2019
Received
57,240 shares
EIG
Jan 22, 2019
Received
Rivals
Compare Douglas D. Dirks with competitor CEOs and industry peers.