The charts on this page feature a breakdown of the total annual pay for the top executives at HANOVER INSURANCE GROUP, INC. as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. HANOVER INSURANCE GROUP, INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. HANOVER INSURANCE GROUP, INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
J. Kendall Huber
EVP and General Counsel
Total Cash $939,231 Equity $705,319 Other $60,574 Total Compensation $1,705,124
John C. Roche
President and CEO
Total Cash $1,025,962 Equity $921,481 Other $63,900 Total Compensation $2,011,343
Joseph M. Zubretsky
Former President and CEO
Total Cash $888,556 Equity $2,820,276 Other $39,616 Total Compensation $3,748,448
Jeffrey M. Farber
Total Cash $1,267,500 Equity $1,269,334 Other $80,554 Total Compensation $2,617,388
Richard W. Lavey
EVP and President, Hanover Agency Markets
Total Cash $780,519 Equity $493,664 Other $48,436 Total Compensation $1,322,619
Bryan J. Salvatore
EVP and President, Domestic Specialty
Total Cash $631,615 Equity $1,195,525 Other $4,119 Total Compensation $1,831,259

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.