Mercury General (MCY) executive compensation, 2026 proxy

Gabriel Tirador, Chief Executive Officer, was paid $5.6M in 2025, up 52% from $3.7M the year before. The CEO-to-median-employee pay ratio was 62:1, on median employee pay of $90,662.

Filed
March 31, 2026
Annual meeting
May 13, 2026
Pay year
2025
Named executives
5
CEO total pay
$5.6M+52% vs prior year
CEO to median employee
62:1median $90,662
CEO pay in equity
30%$1.7M in awards
Prior say-on-pay support
98%of votes cast
CEO Total Compensation
$5,590,4722025 total pay
CEO Prior Year Pay
$3,678,5912024 total pay
CEO Pay Ratio
62:1Compared to median employee
Median Employee Pay
$90,6622025 annual total

How Tirador was paid

$5.6M 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.

Salary24%Stock awards30%Non-equity incentive45%All other compensation1%

Named executive officers

ExecutiveTotal
George JosephChairman of the Board$3,625,729
Gabriel TiradorChief Executive Officer$5,590,472
Victor JosephPresident$2,478,439
Theodore StalickSenior Vice President$2,385,637
Wei PangVice President$2,510,864

What changed and why

  • $5.6MCEO Gabriel Tirador received total compensation of $5,590,472 in 2025, representing an increase from $3,678,591 in 2024.
  • 98%Shareholders holding more than 98% of the votes cast approved executive compensation at the 2025 annual meeting.
  • PSUs and RSUs are paid in cash based on the value of company common stock upon vesting.
  • Performance metrics for PSUs include average combined ratio and market share growth.
  • The ratio of the CEO pay to the median employee pay was 62 to 1 in 2025.

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.