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The "Farmers Insurance News-Alert" website is dedicated to providing the consumer and general public with detailed information concerning the Farmers Insurance Group. This includes fraud reports, consumer complaints, lawsuit's and other legal actions taken against this company. All information contained herein is for educational purposes only. Original sources, when known are sited.

 

Executive salaries at insurance companies

Farmers Insurance Exchange

Executive

Year

Salary

Bonus

Other comp.

Total

Martin D. Feinstein,
President & CEO
1998 $900,000 $569,500 $188,110 $1,657,610
1997 600,000 262,300 164,993 1,027,293
1996 400,000 194,600 90,990 685,590
Jason Katz,
Executive Vice President & General Counsel
1998 345,000 312,100 140,231 797,331
1997 328,800 208,400 103,257 640,457
1996 317,800 185,400 76,549 579,749
James MacKinnon,
Executive Vice President & Chief Operating Officer
1998 345,000 302,100 95,298 742,398
1997 318,300 160,300 92,686 571,286
1996 257,300 128,900 67,564 453,764
Keithe T. Schofield,
Executive Vice President
1998 332,500 261,000 110,197 703,697
1997 275,000 141,000 66,170 482,170
1996 215,000 77,500 54,652 347,152
Paul G. Secord,
Senior Vice President & Chief Investment Officer
1998 255,000 218,100 94,855 567,955
1997 241,900 151,000 58,596 451,496
1996 230,267 N/A 107,403 337,670
Leonard H. Golfand,
Senior Vice President
1998 240,000 208,800 86,795 535,595
1997 220,000 130,800 73,654 424,454
1996 210,000 96,100 52,697 358,797
Gerald E. Fauwell,
Senior Vice President & CFO
1998 236,000 207,400 79,009 522,409
1997 218,500 137,800 72,155 428,455
1996 210,100 122,200 50,421 382,721
John H. Lynch,
Senior Vice President
1998 237,500 168,500 107,111 513,111
1997 192,709 49,500 72,207 314,416
1996 166,500 73,700 32,329 272,529
Julien R.M. Harvey,
Vice President
1998 157,500 73,300 208,328 439,128
1997 144,700 48,300 191,347 384,347
1996 138,000 53,600 164,331 355,931
Paul M. Hopkins,
Senior Vice President & Chief Marketing Officer
1998 212,926 131,900 67,706 412,532
1997 162,500 51,400 38,062 251,962
1996 126,000 38,100 23,496 187,596

Source: Nebraska Department of Insurance

 

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