Sunday, September 29, 2019

Fairfield, Ohio-Based Property Casualty Insurer Cincinnati Financial's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Robust 12.3% Per Year During the Past Ten Years

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


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Cincinnati Financial 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
Johnston CEO           3,445           4,979           4,979           4,250           4,250           2,164           2,164           2,624           2,624           3,502
Scherer Chief Insurance Officer           2,887           3,614           3,614           3,318           3,318           2,269           2,269           2,605           2,605           2,971
Sewell CFO           2,162           2,850           2,850           2,476           2,476           1,453           1,453           1,729           1,729           2,247
Hollenbeck Chief Investment Officer           1,800           2,372           2,372           2,042           2,042           1,197           1,197           1,421           1,421           1,801
Mullen Chief Claims Officer           1,589           2,519
Stoneburner SVP           2,477           1,743           1,743           1,975           1,975           2,027
 Totals      11,883     16,334     13,815     12,086     14,563       8,826       8,826     10,354     10,354     12,548
Annual % Change vs Prior Year -27.2% 14.3% 65.0% -14.8% -17.5%
5 Year Average Per Year % Change 4.0%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Cincinnati Financial 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
Johnston CEO           3,502           2,069           2,069           1,754           1,754               826               826               704  N/A   N/A 
Scherer Chief Insurance Officer           2,971           2,297           2,297           1,871           1,871           1,237           1,237               813               813           1,203
Sewell CFO           2,247           1,639  N/A   N/A     
Hollenbeck Chief Investment Officer           1,801           1,314           1,314           1,076           1,076               685               685               455               455               669
Mullen Chief Claims Officer
Stoneburner SVP           2,027           1,766    
Stecher Chairman and former CEO           2,535           2,720           2,720           2,311           2,311           2,315           2,315           1,410           1,410           1,905
Joseph former SVP  N/A   N/A            1,515           1,129           1,129               696               696           1,046
Popplewell COO               541           1,114
 Totals      15,083     11,805       8,400       7,012       8,527       6,192       6,192       4,078       3,915       5,937
Annual % Change vs Prior Year 27.8% 19.8% 37.7% 51.8% -34.1%
5 Year Average Per Year % Change 20.6%
10 Year Average Per Year % Change 12.3%