Reinsurance Group of America Chief Executive Anna Manning earned $8.1 million last year, a 21% increase.
The Chesterfield company's proxy statement shows that Manning's bonus and stock award both grew last year. A 3% raise boosted her salary to $1.03 million.
Manning's $2.1 million bonus was 139% of the target amount. She received $3.4 million worth of performance-contingent stock and $989,847 worth of stock-appreciation rights.
The stock award, which depends on three years' worth of financial results, could be even more lucrative. RGA beat its targets for a similar award that covered 2016 to 2018, and its stock price rose, so Manning's award that was originally valued at $1.5 million ended up being worth $3.2 million.
Also included in Manning's pay were a $404,102 increase in pension value and perquisites including $1,357 for tax preparation and $1,831 for professional dues.
Manning earned 72 times as much as the median Reinsurance Group employee. The company calculated median pay of $113,479 for its 3,426 employees.
RGA's earnings per share rose 24% last year and its share price increased 16%.
Here's what St. Louis CEOs were paid in 2018:
29. Allied Healthcare Products Inc.
28. Peak Resorts
27. Reliv International
26. Avadel Pharmaceuticals
25. Enterprise Financial Services Corp.
24. Huttig Building Products, Inc.
23. Foresight Energy
22. Cass Information Systems
21. Build-A-Bear Workshop
20. Commerce Bancshares (John W. Kemper)
19. Aegion Corporation
18. Esco Technologies Inc.
16. Commerce Bancshares (David Kemper)
13. Edgewell Personal Care Co.
10. Reinsurance Group
8. Peabody Energy
5. Arch Coal
4. Post Holdings
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