In 2015, William R. Berkley earned $6.40M in total compensation at W.R. Berkley, including $1.00M salary and $4.91M in stock. Most recently acquired 120,430 shares in Aug 2024. Currently holds stock worth $1.23B. Has donated $104.89M in stock to charitable causes. Led W.R. Berkley as CEO for 11 years.
Compensation History
Annual executive compensation data for William R. Berkley, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$6.40M
Salary
$1.00M
Bonus
$0.00
Other
$487.21K
Salary
$1.00MBoard Justification
The compensation philosophy emphasizes long-term performance and alignment with shareholder interests, with a significant portion of compensation tied to performance metrics.
Bonus
$0.00Board Justification
No bonus was awarded for 2015 as the performance metrics did not meet the required thresholds.
Other Compensation
$487.21KBoard Justification
Includes various forms of compensation such as health insurance, use of company aircraft, and other benefits.
Restricted Stock
Board Justification
Performance-based RSUs that vested based on the company's return on equity performance for the year 2015.
Performance Metrics
The primary performance metrics included return on equity and combined ratio, with a focus on achieving a minimum operating ROE of 15%.
William R. Berkley
Founder and Ex-CEO of W.R. Berkley
Education
Bachelor's degree from the University of Connecticut
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
April 26, 1946 - 79 years ago
CEO of W.R. Berkley for
11 years 2 months (Aug 2004 - Oct 2015)
Previous Experience
Founder of W.R. Berkley Corporation
Other W.R. Berkley CEOs
Holdings
Track William R. Berkley's stock holdings and portfolio value over time.
Charitable Transactions
1,479,964.5 shares
WRB
Recent Charitable Transactions
429,328 shares
WRB
Dec 30, 2015
Charity
297,315 shares
WRB
Jul 22, 2013
Charity
10,000 shares
WRB
Dec 27, 2012
Charity
250,000 shares
WRB
Dec 22, 2011
Charity
Insider Trading
William R. Berkley's recent stock transactions, purchases, and sales filed with the SEC.
120,430 shares
WRB
Aug 15, 2024
Received
2,534 shares
WRB
Jun 12, 2024
Received
89,507 shares
WRB
Aug 15, 2023
Received
3,479 shares
WRB
Jun 14, 2023
Received
99,374 shares
WRB
Aug 15, 2022
Received
2,995 shares
WRB
Jun 15, 2022
Received
49,438 shares
WRB
Aug 16, 2021
Received
30,512 shares
WRB
Aug 5, 2021
Received
2,652 shares
WRB
Jun 15, 2021
Received
26,028 shares
WRB
Aug 17, 2020
Received
Rivals
Compare William R. Berkley with competitor CEOs and industry peers.
Kenneth D. DeGiorgio
CEO of First American Financial
2023 Compensation
Stock
$0.00
Salary
$832.50K
Bonus
$1.05M
Other
$12.76K
Total Holdings
$459.53K
Evan G. Greenberg
CEO of Chubb
2023 Compensation
Stock
$18.41M
Salary
$1.55M
Bonus
$9.00M
Other
$1.46M
Total Holdings
$327.07M
Susan Patricia (Tricia) Griffith
CEO of Progressive
2024 Compensation
Stock
$43.11M
Salary
$1.04M
Bonus
$4.65M
Other
$186.33K
Total Holdings
$4.19M
Paresh Patel
CEO of HCI Group
2023 Compensation
Stock
$933.40K
Salary
$950.00K
Bonus
$800.00K
Other
$37.85K
Total Holdings
$110.62M