Donegal Group: Pay

Donegal Group paid its 5 named executives $5.4M in total in FY2024 (Dec). CEO Kevin G. Burke was paid $1.5M of that.

Pay$100 in the stock at the end of FY20 → $115
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Kevin G. BurkePresident and Chief Executive Officer
FY2024 (Dec)
FY2023 (Dec)
FY2021 (Dec)Not disclosed
3 years
Jeffrey D. MillerExecutive Vice President and Chief Financial Officer
FY2024 (Dec)
FY2023 (Dec)
FY2021 (Dec)Not disclosed
3 years
W. Daniel DeLamaterExecutive Vice President and Chief Operating Officer
FY2024 (Dec)
1 year
Sanjay PandeyExecutive Vice President and Chief Information Officer
FY2024 (Dec)
FY2023 (Dec)
FY2021 (Dec)Not disclosed
3 years
Jeffery T. HayExecutive Vice President
FY2024 (Dec)
FY2023 (Dec)
FY2021 (Dec)Not disclosed
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 3 peers with pay on file was $7.7M. The CEO of Donegal Group was paid $1.7M, 77% below the median.

  1. 1Hanover Insurance Group
  2. 2Rli
  3. 3Cincinnati Financial
  4. 4Donegal Group
  5. 5Erie IndemnityNot disclosed
  6. 6Horace Mann Educators CorporationNot disclosed
  7. 7KEMPERNot disclosed
  8. 8ProAssurance CorporationNot disclosed
  9. 9Selective Insurance GroupNot disclosed
  10. 10United Fire GroupNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.