The charts on this page feature a breakdown of the total annual pay for the top executives at PROASSURANCE CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. PROASSURANCE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. PROASSURANCE CORP 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
Edward L. Rand Jr.
Chief Executive Officer and President
Total Cash $1,132,408 Equity $2,499,965 Other $106,055 Total Compensation $3,738,428
W. Stancil Starnes
Executive Chairman
Total Cash $1,148,635 Equity $499,972 Other $165,734 Total Compensation $1,814,341
Michael L. Boguski
President, Specialty P&C
Total Cash $1,173,722 Equity $1,399,973 Other $489,707 Total Compensation $3,063,402
Dana S. Hendricks
Chief Financial Officer, Treasurer and Executive Vice President
Total Cash $453,981 Equity $149,978 Other $154,612 Total Compensation $758,571
Kevin M. Shook
President, Workers' Compensation Insurance
Total Cash $660,904 Equity $374,990 Other $153,024 Total Compensation $1,188,918
For its 2019 fiscal year, PROASSURANCE CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Edward L. Rand Jr. CEO Pay $3,738,428 Median Employee Pay $96,125 CEO Pay Ratio 39:1
For its 2018 fiscal year, PROASSURANCE CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Bruce D. Angiolillo Total Cash $155,802
Frank A. Spinosa Total Cash $153,302
John J. McMahon, Jr. Total Cash $143,302
Katisha T. Vance Total Cash $130,302
Kedrick D. Adkins, Jr. Total Cash $116,802
M. James Gorrie Total Cash $128,802
Robert E. Flowers Total Cash $150,552
Samuel A. DiPiazza Total Cash $163,302
Thomas A.S. Wilson, Jr. Total Cash $139,052
Ziad R. Haydar Total Cash $132,802

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 www.sec.gov 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.