How Martz was paid
$2.8M 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 |
|---|---|---|---|---|---|---|
| B. Bradford MartzPresident & CEO | $681,042 | $787,500 | $262,500 | $945,000 | $135,513 | $2,811,555 |
| R. Daniel PeedFormer CEO and Executive Chairman of Board | $150,000 | $53,600 | — | $2,500 | — | $206,100 |
| Svetlana CastleChief Financial Officer | $385,000 | $216,563 | $72,188 | $283,500 | $28,700 | $985,950 |
| Christopher GriffithChief Information Officer & Chief Operating Officer | $480,000 | $315,000 | $105,000 | $375,638 | $84,228 | $1,359,866 |
| Brooke AdlerGeneral Counsel | $420,000 | $275,625 | $91,875 | $354,375 | $69,345 | $1,211,220 |
| James GrayChief Compliance and Risk Officer | $385,000 | $216,563 | $72,188 | $283,500 | $38,487 | $995,737 |
What changed and why
- $2.8MCEO total compensation increased to $2,811,555 in fiscal 2025 compared to $1,739,773 in the prior year.
- Core ROBE and Combined Ratio metrics determined annual incentive compensation payouts for executives.
- Return on Average Equity was utilized to determine the vesting of performance stock units.
- 99.5%Approximately 99.5% of shareholders voted in support of executive compensation at the previous annual meeting.
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.