How Papadopoulo was paid
$14.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Nicolas PapadopouloChief Executive Officer and Class III Director, Arch Capital | $1,300,000 | $5,520,506 | $1,820,186 | $5,200,000 | $785,628 | $14,626,320 |
| François MorinExecutive Vice President, Chief Financial Officer and Treasurer, Arch Capital | $800,000 | $1,668,293 | $550,052 | $2,400,000 | $521,770 | $5,940,115 |
| Maamoun RajehPresident, Arch Capital | $900,000 | $2,607,032 | $859,600 | $3,168,800 | $757,431 | $8,292,863 |
| David E. GansbergPresident, Arch Capital | $900,000 | $2,607,032 | $859,600 | $3,068,900 | $340,616 | $7,776,148 |
| Christine ToddChief Investment Officer, Arch Capital | $800,000 | $1,304,260 | $430,043 | $2,214,000 | $601,726 | $5,350,029 |
What changed and why
- $14.6MCEO total compensation decreased to $14,626,320 in 2025 from $31,758,573 in 2024.
- $4.4BArch delivered $4.4 billion of net income and $3.7 billion of operating income in 2025.
- 200.0%Annual short-term incentive payout factor was 200.0% of target for the CEO based on ROE achievement.
- 200%Performance shares for the 2023-2025 period achieved a final payout of 200% based on TBVPS growth.
- 84.7%At the 2025 annual meeting, 84.7% of votes cast approved the say-on-pay proposal.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.