Kirk T. Hulett has been leading Horace Mann Educators Corporation, a key player in the education insurance market, since November 2021. With a Bachelor's degree in Business Administration, Kirk brings a solid educational background to his role. He has previously...

Current Market Cap

$1.71B

Number of Employees

1.7K

Total Compensation

2011 - 2022

Trending down by -66.72% last year
Showing total compensation for the last 2011 - 2022

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Down by -5.22% last year

Year

2022

Total Compensation

$1.14M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes performance-based incentives aligned with shareholder interests, targeting compensation around the median of the competitive market.

Bonus

$0.00

Board Justification

The annual cash incentive plan (AIP) is based on company performance measures, with a target payout of 145% of base salary, but actual payout for 2022 was below target at 65%.

Other

$139.21K

Board Justification

Includes financial planning services and contributions to defined contribution plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2022 as the performance-based RSUs are tied to performance periods that extend beyond the fiscal year.

Performance Metrics

The performance metrics include AIP adjusted core earnings, AIP adjusted return on equity, and total shareholder return.

SEC Filing

From April 5, 2023

Kirk T. Hulett

Ex-CEO of Horace Mann Educators

KT

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

June 1, 1966 - 58 years ago

Is Founder?

No

Tenure

1 year 8 months (Nov 2021 - Jul 2023)

Previous Experience

Chief Operating Officer at Horace Mann Educators Corporation