How D’Orazio was paid
$2.7M in total for 2024, 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Frank N. D’OrazioChief Executive Officer | $966,625 | — | $966,613 | $745,268 | $30,747 | $2,709,253 |
| Sarah C. DoranChief Financial Officer | $572,000 | $286,000 | $571,987 | $441,012 | $28,444 | $1,899,443 |
| Richard J. SchmitzerFormer President and Chief Executive Officer, Excess and Surplus Lines segment | $669,955 | $334,978 | $669,948 | $395,943 | $29,763 | $2,100,587 |
| William K. BowmanFormer President and Chief Executive Officer, Specialty Admitted Insurance segment | $300,000 | $150,000 | $299,998 | $279,300 | $22,671 | $1,051,969 |
| Michael J. HoffmannGroup Chief Underwriting Officer | $442,000 | $165,750 | $442,000 | $255,586 | $30,825 | $1,336,161 |
What changed and why
- $2.7M$2,709,253 was CEO total compensation in 2024, down from $2,720,691 in 2023.
- No salary increases were provided to named executive officers in 2024.
- 77.1%77.1% of target was paid to group leaders under the short-term incentive plan.
- Cash retention awards were granted to each NEO other than the CEO during the strategic review.
- 2024 equity grants consisted of performance-based and service-based restricted stock units.
- 97.3%97.3% of votes supported 2024 named executive officer compensation.
Other James River Group Holdings proxy statements
- 2026 proxy statement
Frank N. D’Orazio paid $2.9M (+8% on the year), pay ratio 27:1.
Filed Sep 16, 2026
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.