Wednesday, August 7, 2019

Hanover, New Hampshire-Based White Mountains Insurance Group Ltd's Top-Tier Executives Average Pay Raise Was 8.1% Per Year During the Past Ten Years (2009-2018)

After the second Democratic 2020 Presidential candidate debate held in Detroit where Cory Booker was the standout performer, where several other non-top-tier candidates performed exceptionally well especially Steve Bullock and where most of the top-tier candidates stumbled, I now will turn my attention to the early primary States and I finished Iowa Companies so now I have moved on to New Hampshire.

The key issue to New Hampshire citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of New Hampshire Companies were rewarded with in the past five to ten years.

The second New Hampshire Company I am addressing here is White Mountains Insurance Group Ltd.

From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart below shows White Mountains Insurance Group Ltd's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years. 

White Mountains Insurance Group Ltd's Top-Tier Executives Average Pay Raise was 8.1% per year for the last ten years
.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
White Mountains Insurance Group Ltd 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Manning Rountree CEO       6,248       6,633  N/A   N/A 
Reid Campbell CFO       4,261       6,434       6,434       3,906       3,906       4,684       4,684       3,329    
Robert Seeling General Counsel       3,732       4,846       4,846       5,917       5,917       4,586
Brian Palmer Chief Accounting Officer       1,539       2,065
Raymond Barrette Former CEO  N/A   N/A        4,914       8,129       8,129       7,016       7,016       7,996
David Foy Former CFO       8,873       5,329       5,329       5,380       5,380       4,224       4,224       4,943
Allan Waters CEO of Sirius Group  N/A   N/A        8,038       9,310       9,310       6,476
               
 Totals      15,780     19,978     20,153     15,152     20,066     22,779     26,231     23,879     20,550     19,415
Annual % Change vs Prior Year -21.0% 33.0% -11.9% 9.8% 5.8%
 5 Year Average Per Year % Change 3.2%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
White Mountains Insurance Group Ltd 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Manning Rountree CEO       3,738       3,614       3,614       3,974  N/A   N/A 
Reid Campbell CFO       2,729       3,707       3,707       3,258
Robert Seeling General Counsel
Brian Palmer Chief Accounting Officer
Raymond Barrette Former CEO       7,996       1,268       1,268       3,048       3,048       1,723       1,723       1,596       1,596          759
David Foy Former CFO       4,943       4,827       4,827       4,330       4,330       4,000       4,000       5,084       5,084       4,309
Allan Waters CEO of Sirius Group       6,476       5,490       5,490       5,815       5,815       6,281       6,281       6,115       6,115       2,277
Michael Miller CEO of OneBeacon       4,411       6,323       6,323     13,277     13,277       4,243       4,243       5,203       5,203       8,060
 Totals      27,564     21,522     21,522     30,444     26,470     16,247     18,976     21,705     21,705     18,663
Annual % Change vs Prior Year 28.1% -29.3% 62.9% -12.6% 16.3%
5 Year Average Per Year % Change 13.1%
10 Year Average Per Year % Change 8.1%