W.R. Berkley Corp. last year awarded its chairman and chief executive, William Berkley, a $2 million bonus according to a proxy statement filed by the company on Wednesday.
The Greenwich, Conn., company also increased Berkley’s salary to $1 million from $920,000, according to the filing with the U.S. Securities and Exchange Commission.
The proxy, an annual report to shareholders, Berkley’s 2000 compensation, which totaled $3.8 million, was based mainly on the financial performance of the company.
Was this article valuable?
Here are more articles you may enjoy.
Karen Read Sues Police Agencies That Investigated Her Boyfriend’s Death 
D&O Market Expected to Tighten Under Pressure, Says AM Best 
Artist Suing FIFA Over Destruction of Dallas Whale Mural 
Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns 
