In 2020, Gregory E. Murphy earned $3.19M in total compensation at Selective Insurance Group, including $807.69K salary and $2.00M bonus. Most recently sold 10,000 shares in Feb 2022. Currently holds stock worth $13.59M. Has donated $2.66M in stock to charitable causes. Led Selective Insurance Group as CEO for 7 years.
Compensation History
Annual executive compensation data for Gregory E. Murphy, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$3.19M
Salary
$807.69K
Bonus
$2.00M
Other
$380.33K
Salary
$807.69KBoard Justification
The compensation philosophy aligns executive compensation with company performance and stockholder interests, emphasizing pay-for-performance.
Bonus
$2.00MBoard Justification
The ACIP payment for 2020 was set at 248% of base salary, reflecting the achievement of corporate performance measures.
Other Compensation
$380.33KBoard Justification
This includes company matching contributions, non-elective contributions to the Deferred Compensation Plan, and tax preparation services.
Restricted Stock
Board Justification
No stock awards were granted after the first quarter of 2020; therefore, no stock vested in 2020.
Performance Metrics
The performance metrics for the ACIP included achieving a GAAP combined ratio of between 90.0% and 100.0% and meeting various strategic objectives.
Gregory E. Murphy
Ex-CEO of Selective Insurance Group
Education
Boston College and Harvard Business School Advanced Management Program
Field of Expertise
Business & Management
Sector of Economy
Financial Services
Born
January 1, 1955 - 70 years ago
CEO of Selective Insurance Group for
7 years 1 month (Jan 2013 - Feb 2020)
Previous Experience
Chairman, President and Chief Executive Officer of the Company from 2000 to 2013, President and Chief Executive Officer from 1999 to 2000, President and Chief Operating Officer from 1997 to 1999, and other senior executive, management, and operational positions of the Company from 1980 to 1997.
Other Selective Insurance Group CEOs
Holdings
Track Gregory E. Murphy's stock holdings and portfolio value over time.
Total Stock Sold
$14.95M
$14.95M
309,299 SIGI shares
What if they kept their stock?
If Gregory E. Murphy didn't sell their stock, today they would have:
Extra SIGI309,299 shares worth $23.98M.
This is 60.44% and $9.03M more than what they got when they sold the stock.
Charitable Transactions
34,272 shares
SIGI
Recent Charitable Transactions
5,000 shares
SIGI
Dec 9, 2021
Charity
1,000 shares
SIGI
Aug 20, 2021
Charity
400 shares
SIGI
Dec 7, 2020
Charity
4,500 shares
SIGI
Aug 6, 2020
Charity
4,100 shares
SIGI
May 8, 2019
Charity
4,000 shares
SIGI
Nov 5, 2018
Charity
Insider Trading
Gregory E. Murphy's recent stock transactions, purchases, and sales filed with the SEC.
$775.95K
SIGI at $77.59/share
Feb 16, 2022
Sale
23,497 shares
SIGI
Feb 1, 2022
Received
5,000 shares
SIGI
Dec 9, 2021
Charity
$1.81M
SIGI at $79.66/share
Nov 9, 2021
Sale
1,000 shares
SIGI
Aug 20, 2021
Charity
$2.00M
SIGI at $81.19/share
Jul 30, 2021
Sale
1,051 shares
SIGI
Apr 30, 2021
Received
$2.45M
SIGI at $75.59/share
Apr 30, 2021
Sale
400 shares
SIGI
Dec 7, 2020
Charity
$630.77K
SIGI at $63.08/share
Nov 17, 2020
Sale
Rivals
Compare Gregory E. Murphy with competitor CEOs and industry peers.
Joseph M. Zubretsky
CEO of The Hanover Insurance Group
2023 Compensation
Stock
$1.15M
Salary
$1.10M
Bonus
$2.04M
Other
$87.75K
Total Holdings
$556.20M
Alan D. Schnitzer
CEO of The Travelers Companies
2023 Compensation
Stock
$22.60M
Salary
$1.45M
Bonus
$6.00M
Other
$327.79K
Total Holdings
$20.41K
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