Sundar PichaiSundar Pichai earned $164M in 2023

Evan G. Greenberg is the CEO of Chubb Limited, leading the company since 2004. He studied at the College of Insurance in New York City and has over 45 years of experience in the insurance industry. Under his tenure, Chubb...

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Evan G. Greenberg

CEO of Chubb

Education

Attended College of Insurance in New York City

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

January 1, 1955 - 70 years ago

CEO of Chubb for

9 years 2 months (Jan 2016 - Present)

Previous Experience

President and Chief Operating Officer of ACE Limited

Holdings

See how much did Evan G. Greenberg make over time.

Evan G. Greenberg's financial journey is captivating. His holdings in Chubb Limited peaked at about $211.35 million in September 2019, showcasing his deep trust in the company. Following a dynamic period of fluctuations, his wealth in holdings mildly dipped to...

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Total Stock Sold

$237.20M

CB

$237.20M

1,441,428 CB shares

What if they kept their stock?

If Evan G. Greenberg didn't sell their stock, today they would have:
Extra CB1,441,428 shares worth $161.48M.
This is -31.92% and $75.71M less than what they got when they sold the stock.

Charitable Transactions

CB

393,730 shares

CB

Recent Charitable Transactions

CB

1,029 shares

CB

Apr 25, 2024

Charity

CB

1,480 shares

CB

Nov 9, 2023

Charity

CB

1,978 shares

CB

Mar 10, 2023

Charity

CB

1,140 shares

CB

Dec 14, 2022

Charity

CB

17,292 shares

CB

Sep 9, 2022

Charity

CB

52,934 shares

CB

Aug 8, 2022

Charity

Insider Trading

See recent insider trades of Evan G. Greenberg.

CB

$17.55M

CB at $288.43/share

Sep 6, 2024

Sale

CB

1,029 shares

CB

Apr 25, 2024

Charity

CB

61,274 shares

CB

Feb 26, 2024

Received

CB

$14.59M

CB at $248.37/share

Feb 2, 2024

Sale

CB

1,480 shares

CB

Nov 9, 2023

Charity

CB

1,978 shares

CB

Mar 10, 2023

Charity

CB

150,048 shares

CB

Feb 23, 2023

Received

CB

1,140 shares

CB

Dec 14, 2022

Charity

CB

$5.00M

CB at $207.91/share

Oct 27, 2022

Sale

CB

$5.00M

CB at $193.86/share

Sep 9, 2022

Sale

Compensation History

See how much did Evan G. Greenberg make over time.

In 2023, Evan G. Greenberg's compensation hit $27.7 million, maintaining him among the top earners in the insurance industry. His pay package contained a base salary of $1.55 million along with an impressive cash bonus of $9 million. What’s noteworthy is that a major part of his compensation—approximately $18.4 million—came through performance shares that vested based on meeting specific targets over a three-year period. This approach ties his earnings closely to Chubb’s success, promoting alignment with shareholder interests. Through performance metrics tied to core operating income and book value growth, Greenberg has been incentivized to continue driving Chubb forward. His compensation structure reflects a strategy focused on long-term performance rather than quick gains, essential for the sustainable growth of a company like Chubb.

Year

2023

Total Compensation

$30.42M

Salary

$1.55M

Board Justification

The compensation philosophy emphasizes alignment with company performance, peer benchmarking, and retention strategies, with a significant portion of compensation being performance-based.

Bonus

$9.00M

Board Justification

The annual cash bonus was determined based on the Company's performance metrics and individual performance for the year 2023.

Other

$1.46M

Board Justification

Other compensation includes retirement plan contributions, personal use of corporate aircraft, and other benefits.

Restricted Stock

$18.41M(91.99K performance shares)

Board Justification

The vested stock represents performance shares that were earned based on the achievement of performance criteria over a three-year period, which vested in 2023.

Performance Metrics

The performance metrics include core operating income, core operating return on equity, P&C combined ratio, and tangible book value per share growth.

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Here are other CEOs of Chubb