Fiscal year 2021 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses EBIX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named EBIX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Steven Hamil | $325,000 | $150,000 | $150,000 | $0 | $0 | $0 | $2,100 | $627,100 |
| Corporate Executive Vice President and Global Chief Financial Officer | ||||||||
| Ash Sawhney | 300,000 | 0 | 0 | 0 | 0 | 0 | 4,154 | 304,154 |
| President-Insurance Solutions, North America | ||||||||
| James Senge | 225,000 | 0 | 0 | 0 | 0 | 0 | 3,375 | 228,375 |
| Senior Vice President EbixHealth | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2021 total | FY2020 total | FY2019 total | Δ FY2020→2021 |
|---|---|---|---|---|
| Steven Hamil | $627,100 | — | — | — |
| Ash Sawhney | 304,154 | — | — | — |
| James Senge | 228,375 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Steven Hamil | RSU | 20,743 | — | $630,587 |
The objectives of the Compensation Committee have been to adopt a compensation approach that is simple, internally equitable, and externally competitive, and that attracts, motivates, and retains qualified people capable of contributing to the growth, success and profitability of the Company, thereby contributing to long-term stockholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Ernst & Young LLP |
| Clawback policy | false |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2022 | 2022-11-16 | 12,559,794 | 10,057,059 | 26,691 | 55.53% | Passed |
| 2021 | 2021-10-14 | 11,934,907 | 11,615,385 | 61,452 | 50.68% | Passed |
| 2020 | 2020-09-14 | 13,282,512 | 10,915,757 | 541,497 | 53.69% | Passed |
| 2019 | 2019-08-15 | 16,811,006 | 6,383,884 | 290,612 | 72.48% | Passed |
| 2017 | 2017-05-24 | 13,296,509 | 10,656,742 | 205,722 | 55.04% | Passed |
| 2016 | 2016-04-29 | 18,528,705 | 6,964,733 | 138,510 | 72.68% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2022 | 2022-11-16 | 55.53%a |
| 2021 | 2021-10-14 | 50.68%b |
| 2020 | 2020-09-14 | 53.69%c |
a. Approved under the standard stated in the filing — “Abstentions will not affect the outcome of this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions will not affect the outcome of this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions will be considered as present and entitled to vote at the Annual Meeting and on the proposal but will not be voted "for" the proposal, and they will have the same effect as votes "against" the proposal.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 892 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Annual cash retainer | $25,000 |
|---|---|
| Annual equity retainer | $93,193 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 8,000 / 8,000 |
| Stock ownership guideline | — |
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Ebix Inc | 2021 | Steven Hamil | $325,000 | $150,000 | $0 | $0 | $627,100 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Steven Hamil | DEF 14A | 2022-10-18 | 0001104659-22-109688 | Section “Summary Compensation Table”. As printed: 627,100. Filing ↗machine: span 327154–327161 |
| 2 | Section 01, Ash Sawhney | DEF 14A | 2022-10-18 | 0001104659-22-109688 | Section “Summary Compensation Table”. As printed: 304,154. Filing ↗machine: span 364704–364711 |
| 3 | Section 01, James Senge | DEF 14A | 2022-10-18 | 0001104659-22-109688 | Section “Summary Compensation Table”. As printed: 228,375. Filing ↗machine: span 369928–369935 |
| 4 | Section 07, pay ratio | DEF 14A | 2022-10-18 | 0001104659-22-109688 | Section “CEO Pay Ratio”. As printed: 892 : 1. Filing ↗machine: span 484601–484604 |
| 5 | Section 06, 2022 vote | Form 8-K | 2022-11-16 | 0001193125-22-286845 | Item 5.07 · say-on-pay result. As reported: 55.53%. Filing ↗ |
| 6 | Section 06, 2021 vote | Form 8-K | 2021-10-18 | 0001193125-21-300570 | Item 5.07 · say-on-pay result. As reported: 50.68%. Filing ↗ |
| 7 | Section 06, 2020 vote | Form 8-K | 2020-09-14 | 0001193125-20-245174 | Item 5.07 · say-on-pay result. As reported: 53.69%. Filing ↗ |
| 8 | Ebix Inc (subject), Section 10b CEO total | DEF 14A | 2022-10-18 | 0001104659-22-109688 | CEO total compensation as printed in Ebix Inc's own proxy. As printed: 627,100. Filing ↗machine: span 327154–327161 |