Andrew Rippert is the Chief Innovation and Strategic Investment Officer at Arch Capital Group Ltd. He transitioned to this role in March 2019 after serving as the CEO of the Global Mortgage Group from 2014 to 2019. With over a...

Current Market Cap

$42.58B

Number of Employees

5.8K

Total Compensation

2019 - 2023

Trending up by 21.70% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 6.12% last year

Bonus

Down by -47.97% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$7.22M

Salary

$1.30M

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach that aligns executive compensation with the company's financial performance and long-term shareholder value.

Bonus

$2.45M

Board Justification

The target annual bonus for 2023 is 200% of base salary, with a payout factor of 200% based on performance against strategic goals.

Other

$0.00

Board Justification

No additional compensation reported for 2023.

Restricted Stock

$3.47M(50.19K Performance shares)

Board Justification

Performance shares granted in 2023, vesting based on achieving a target of 11% annual growth in tangible book value per share over a three-year period.

Performance Metrics

The performance metrics for 2023 included growth in tangible book value per share and total shareholder return relative to peers.

SEC Filing

From March 28, 2024