In 2023, Liam P. Caffrey earned $1.69M in total compensation at White Mountains Insurance Group, including $600.00K salary and $765.00K bonus. 3+ years at the helm of White Mountains Insurance Group.
Compensation History
Annual executive compensation data for Liam P. Caffrey, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.69M
Salary
$600.00K
Bonus
$765.00K
Other
$325.00K
Salary
$600.00KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, with a significant portion of compensation being at risk based on performance metrics.
Bonus
$765.00KBoard Justification
The annual target bonus opportunity remains at 75% of salary, with actual payout based on company performance, resulting in a bonus of 170% of target due to a 14.5% increase in CVPS in 2023.
Other Compensation
$325.00KBoard Justification
This includes a sign-on bonus of $975,000 payable in three equal annual installments, with $325,000 recognized in 2023.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as the focus was on performance shares and restricted shares which are not included in this summary.
Performance Metrics
The primary performance metric for determining bonuses is the growth in CVPS, which reflects the company's financial performance.
Liam P. Caffrey
CEO of White Mountains Insurance Group
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
February 22, 1973 - 52 years ago
CEO of White Mountains Insurance Group for
3 years 9 months (Mar 2022 - Present)
Previous Experience
Chief Executive Officer of Aon Affinity (2018-2020); Global Chief Financial Officer of Aon Risk Solutions (2015-2018); CFO of Aon Risk Solutions Americas (2012-2015); Partner at McKinsey & Company.
Other White Mountains Insurance Group CEOs
Holdings
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Insider Trading
Liam P. Caffrey's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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