I have researched and made posts related to Top-Tier Executive Total Compensation in most of the largest companies headquartered in the four earliest 2020 Democratic Primary States ..... Iowa, New Hampshire, Nevada and South Carolina.
Then, of the 14 Super Tuesday US States holding their 2020 Democratic Presidential Primaries on March 3, 2020, I made like posts related to most of the largest Texas Companies, most of the largest Southern California companies, most of the largest technology companies headquartered in Northern California and most of the largest North Carolina Companies.
My research has shown that Elizabeth Warren, Bernie Sanders and Tom Steyer are all spot on when they assert that US Corporate Financial Corruption is rampant. But the problem is that none of the three have any clue on precisely the cause or how to effectively fix this huge problem which is also the primary cause of the huge, continuing US income inequality expansion which has been occurring for decades.
But even worse, even though he is a very nice man, Joe Biden is so naive that he isn't even aware of the extent of this continuing huge US income inequality expansion or precisely its cause which has been occurring under his nose for the past forty plus years, nor is he aware of, or else has decided to ignore, just how huge the largest US tax shelters are which are located right under his nose in his home State of Delaware, mostly in one Wilmington building.
On the very negative side, voting for many years for the Annual Income Tax Loophole Extenders which dramatically increased US income inequality expansion each year were Amy Klobuchar and Joe Biden. On the very positive side, voting for many years against these same Annual Income Tax Loophole Extenders were Elizabeth Warren and Bernie Sanders.
So now I will be addressing Top-Tier Executive Compensation for five to ten years in some of the largest companies in the State of Minnesota, one of the 14 Super Tuesday 2020 Democratic Presidential Primary US States.
I will be doing this research mostly by stock market capitalization and thus the 7th Minnesota Company that I am addressing here is Insurance Company Travelers Companies Inc.
From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Travelers Companies Inc's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.
Travelers Companies Inc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was 5.8% per year during the past five years.
| FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
| Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | |||||
| Travelers Companies | 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 | |||||
| Schnitzer Chairman and CEO | 14,648 | 15,234 | 15,234 | 11,558 | 11,558 | 6,945 | 6,945 | 6,629 | 6,629 | 5,907 | ||||
| Benet Vice Chair and Former CFO | 5,896 | 6,391 | 6,391 | 6,600 | 6,600 | 6,714 | 6,714 | 6,985 | 6,985 | 6,445 | ||||
| Frey EVP and CFO | N/A | N/A | ||||||||||||
| Heyman Vice Chair and Chief Investment Off | 6,622 | 6,645 | 6,645 | 6,870 | 6,870 | 7,036 | 7,036 | 7,222 | 7,222 | 6,824 | ||||
| Kess Vice Chair and Chief Legal Officer | 6,010 | 5,921 | N/A | N/A | ||||||||||
| MacLean President and COO | 8,088 | 10,143 | 10,143 | 8,573 | 8,573 | 8,685 | 8,685 | 8,207 | ||||||
| Fishman Former Executive Chair of Board | N/A | N/A | 20,013 | 20,435 | 20,435 | 18,088 | ||||||||
| Totals | 33,176 | 34,191 | 36,358 | 35,171 | 35,171 | 29,268 | 49,281 | 49,956 | 49,956 | 45,471 | ||||
| Annual % Change vs Prior Year | -3.0% | 3.4% | 20.2% | -1.4% | 9.9% | |||||||||
| 5 Year Average Per Year % Change | 5.8% | |||||||||||||
