In 2023, Gabriel Tirador earned $1.70M in total compensation at Mercury General, including $1.22M salary and $387.33K bonus. Most recently acquired 3,000 shares in May 2020. Currently holds stock worth $4.40M. Has led Mercury General for over 18 years.
Compensation History
Annual executive compensation data for Gabriel Tirador, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.70M
Salary
$1.22M
Bonus
$387.33K
Other
$90.25K
Salary
$1.22MBoard Justification
The compensation program is designed to attract, motivate, and retain talented executives, aligning their incentives with the company's performance and shareholder value.
Bonus
$387.33KBoard Justification
Annual cash bonuses were based on the Mercury Incentive Plan, with 75% tied to corporate performance and 25% to individual performance. For 2023, the bonus pool tied to company performance was not funded, but individual performance bonuses were awarded based on subjective assessments.
Other Compensation
$90.25KBoard Justification
Other compensation includes director fees and perquisites such as personal use of company automobile and contributions to retirement plans.
Restricted Stock
Board Justification
No stock awards vested in 2023.
Performance Metrics
Compensation is tied to company performance metrics, including GAAP underwriting profit.
Gabriel Tirador
CEO of Mercury General
Education
Bachelor's degree in Accounting from California State University, Northridge
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
May 15, 1965 - 60 years ago
CEO of Mercury General for
18 years 11 months (Jan 2007 - Present)
Previous Experience
Vice President and Chief Financial Officer at Mercury General
Other Mercury General CEOs
Holdings
Track Gabriel Tirador's stock holdings and portfolio value over time.
Total Stock Sold
$1.43M
$1.43M
27,990 MCY shares
What if they kept their stock?
If Gabriel Tirador didn't sell their stock, today they would have:
Extra MCY27,990 shares worth $2.52M.
This is 75.52% and $1.08M more than what they got when they sold the stock.
Insider Trading
Gabriel Tirador's recent stock transactions, purchases, and sales filed with the SEC.
$104.45K
MCY at $34.82/share
May 7, 2020
Purchase
$138.95K
MCY at $59.00/share
Aug 4, 2017
Sale
$138.95K
MCY at $59.00/share
Aug 4, 2017
Sale
$405.00K
MCY at $54.00/share
Mar 7, 2016
Sale
18,711 shares
MCY
Feb 22, 2016
Received
18,711 shares
MCY
Feb 22, 2016
Received
$131.72K
MCY at $55.93/share
Dec 4, 2014
Sale
$410.53K
MCY at $46.00/share
Sep 13, 2013
Sale
$203.50K
MCY at $45.22/share
May 13, 2013
Sale
Rivals
Compare Gabriel Tirador with competitor CEOs and industry peers.