Robert E. Gallagher was an influential figure in the insurance industry as the CEO of Arthur J. Gallagher & Co. He served as the company's leader since 1995 and held the position until his passing in 2006. Gallagher played a...

Number of Employees

52K

Year

2006

Total Compensation

$2.05M

Salary

$925.00K

Board Justification

The compensation philosophy aims to attract, retain, and reward top executive leadership, aligning their interests with those of stockholders through performance-based compensation.

Bonus

$1.00M

Board Justification

Represents the incentive awards under the SMIP related to services rendered in 2006, paid in cash in March 2007, with the remainder payable in 2008 and 2009.

Other

$127.20K

Board Justification

Includes perquisites and contributions to the 401(k) and Supplemental Savings and Thrift Plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2006 as the amounts reported pertain to stock grants that are not vested yet.

Performance Metrics

Performance metrics for 2006 included revenue growth and pre-tax income growth.

SEC Filing

From April 5, 2007