CEO total pay
$16,823,866
W. Robert Berkley, Jr. · 2025
Say on pay
Not disclosed
Use Ask for the underlying narrative
CEO pay ratio
Not in CD&A
Median employee: $135,437
Compensation committee
CD&ACompensation Committee
Per the latest proxy
Filings indexed: 2 · 2026 · 2025
Executive pay
What did they pay them?
From the Summary Compensation Table. Pay mix and YoY are computed from these rows.
| Executive | Role | TotalYoY | Pay mix | Salary | Stock | Cash incentive | Other |
|---|---|---|---|---|---|---|---|
W. Robert Berkley, Jr.2025 compensation | President and Chief Executive Officer | $16,823,866↓ 3% | 89% at-risk | $1,097,800 | $3,850,038 | $11,176,030 | $699,998 |
Richard M. Baio2025 compensation | Executive Vice President — Chief Financial Officer | $3,127,710↑ 2% | 73% at-risk | $742,102 | $632,496 | $1,658,900 | $94,212 |
William R. Berkley2025 compensation | Executive Chairman | $17,049,206↓ 3% | 88% at-risk | $1,097,800 | $3,850,038 | $11,176,030 | $925,338 |
Philip S. Welt2025 compensation | Executive Vice President — Secretary | $3,132,761→ 1% | 73% at-risk | $742,102 | $632,496 | $1,658,900 | $99,263 |
Lucille T. Sgaglione2025 compensation | Executive Vice President | $2,309,564↓ 7% | 63% at-risk | $742,102 | — | $366,050 | $101,412 |
James G. Shiel2025 compensation | Executive Vice President — Investments | $2,307,415↓ 11% | 64% at-risk | $742,102 | — | $1,466,050 | $99,263 |
Pay mix: base cash incentive equity other
CD&A excerpt
Compensation discussion & analysis
Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.
Read the full CD&A on SEC.gov ↗
Peer comparison
Who they benchmark against
Click any peer to jump to their proxy. Peers we haven't ingested yet kick off an import on click.
Peer Group
9 members · 5 in ProxyMiner
Governance
Policy guardrails
hedging
prohibited
“Prohibition on Hedging”
pledging
prohibited
“The Board’s policy requires significant stock ownership by our NEOs, and prohibits pledging of shares used to satisfy our NEO stock ownership requirements or any hedging.”
clawback
present
“clawback policy, adopted in accordance with applicable NYSE listing standards”
stock ownership guidelines
present
“Stock Ownership Guidelines”
change in control
Severance and Change in Control Benefits
“Severance and Change in Control Benefits”
compensation consultant
independent
“independent compensation consultant, Meridian, the composition of the peer group to be used for compensation market data, considering the Company’s size and market positioning relative to potential peer companies as well…”
compensation committee
Compensation Committee
“The Compensation Committee decided that no changes to the peer group were necessary.”
Performance markers
Metric facts
revenue
—
“will commence payment of the deferred amounts either in a lump sum or in no more than five annual installments beginning generally within 60 days following the date specified for payment or on the date of the officer’s s…”
performance equity mix
3.798%
“Each such NEO received a target number of performance-based RSUs divided into three tranches.”
median employee compensation
$135,437
“CEO Pay Ratio For 2025, Mr. Rob Berkley had total compensation, as reported in the Summary Compensation Table on pages 66-67, of $16,823,866. Of this amount, 47% was long-term and 93% was performance-based and at risk. O…”
Ask
Anything about BERKLEY W R CORP’s 2026 proxy
Answers are grounded in the loaded filing and cite specific artifacts. Bring your own free Google AI Studio key.
Loading the Ask interface…