In 2023, J. Patrick Gallagher, Jr. earned $8.22M in total compensation at Arthur J. Gallagher, including $1.30M salary and $3.99M in stock. Currently holds stock worth $35.97M. Has donated $40.69M in stock to charitable causes. Has led Arthur J. Gallagher for over 19 years.
Compensation History
Annual executive compensation data for J. Patrick Gallagher, Jr., including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.22M
Salary
$1.30M
Bonus
$0.00
Other
$2.93M
Salary
$1.30MBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with the long-term interests of the company and its stockholders, while promoting retention and attracting top talent.
Bonus
$0.00Board Justification
No bonus was reported for 2023.
Other Compensation
$2.93MBoard Justification
Includes contributions to the Deferred Equity Participation Plan (DEPP), 401(k) match, and other benefits.
Restricted Stock
Board Justification
Performance Share Units (PSUs) granted in 2023 that are expected to vest based on performance criteria over a three-year period, with a grant date value of $3,988,775.
Performance Metrics
The performance metrics for determining compensation include adjusted revenue growth and adjusted EBITDAC growth.
J. Patrick Gallagher, Jr.
CEO of Arthur J. Gallagher
Field of Expertise
Business & Management
Sector of Economy
Financial Services
CEO of Arthur J. Gallagher for
19 years 1 month (Oct 2006 - Present)
Previous Experience
President of Arthur J. Gallagher & Co.
Other Arthur J. Gallagher CEOs
Holdings
Track J. Patrick Gallagher, Jr.'s stock holdings and portfolio value over time.
Charitable Transactions
165,803 shares
AJG
Recent Charitable Transactions
155,738 shares
AJG
Mar 7, 2025
Charity
10,065 shares
AJG
Oct 30, 2024
Charity
Insider Trading
J. Patrick Gallagher, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.
155,738 shares
AJG
Mar 7, 2025
Charity
75,205 shares
AJG
Mar 7, 2025
Charity
10,065 shares
AJG
Oct 30, 2024
Charity
Rivals
Compare J. Patrick Gallagher, Jr. with competitor CEOs and industry peers.
Gregory C. Case
CEO of Aon plc
2023 Compensation
Stock
$62.08M
Salary
$1.50M
Bonus
$2.55M
Other
$674.49K
Total Holdings
$216.70M
Evan G. Greenberg
CEO of Chubb
2023 Compensation
Stock
$18.41M
Salary
$1.55M
Bonus
$9.00M
Other
$1.46M
Total Holdings
$327.07M
Daniel S. Glaser
CEO of Marsh & McLennan Companies
2023 Compensation
Stock
$5.78M
Salary
$1.40M
Bonus
$6.00M
Other
$329.85K
Total Holdings
$10.17M
Carl Hess
CEO of Willis Towers Watson
2023 Compensation
Stock
$1.77M
Salary
$1.00M
Bonus
$0.00
Other
$512.64K
Total Holdings
$5.21M