Companies Mercury General Corp
Mercury General (MER): executive pay, fiscal 2025
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CEO pay, last three years
- $5,590,472FY2025
CEO total pay was $5,590,472 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $1,344,706 · bonus $0 · stock awards $1,703,470 · option awards $0
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Gabriel Tirador | $1,344,706 | $0 | $1,703,470 | $0 | $2,498,269 | $0 | $44,027 | $5,590,472 |
| Chief Executive Officer Director | ||||||||
| George Joseph | 1,320,525 | 54,813 | 1,003,703 | 0 | 1,226,672 | 0 | 20,016 | 3,625,729 |
| Chairman of the Board | ||||||||
| Wei Pang | 700,134 | 299,364 | 685,821 | 0 | 812,015 | 0 | 13,530 | 2,510,864 |
| Vice President Chief Technology Officer | ||||||||
| Victor Joseph | 815,524 | 0 | 702,511 | 0 | 946,954 | 0 | 13,450 | 2,478,439 |
| President Chief Operating Officer | ||||||||
| Theodore Stalick | 882,180 | 0 | 670,526 | 0 | 819,481 | 0 | 13,450 | 2,385,637 |
| Senior Vice President Chief Financial Officer | ||||||||
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.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Gabriel Tirador | $5,590,472 | — | — | — |
| George Joseph | 3,625,729 | — | — | — |
| Wei Pang | 2,510,864 | — | — | — |
| Victor Joseph | 2,478,439 | — | — | — |
| Theodore Stalick | 2,385,637 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company’s executive compensation program is designed to be simple and clear, seeking to attract, motivate, and build the long-term commitment of talented executives by tying total compensation to the Company’s business and financial performance to maximize underwriting income and increase shareholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Wei Pang | RSU | 1,831 | — | $172,269 |
| Wei Pang | RSU | 3,409 | — | 320,617 |
| Joseph | RSU | 3,956 | — | 372,099 |
| Theodore Stalick | RSU | 4,279 | — | 402,512 |
| Wei Pang | PSU | 6,817 | — | 641,235 |
| Wei Pang | PSU | 8,461 | — | 795,873 |
| Theodore Stalick | PSU | 8,559 | — | 805,025 |
| Joseph | PSU | 9,494 | — | 893,039 |
| Theodore Stalick | PSU | 11,000 | — | 1,034,636 |
| Joseph | PSU | 11,716 | — | 1,101,979 |
| Gabriel Tirador | RSU | 13,046 | — | 1,227,098 |
| Joseph | PSU | 19,217 | — | 1,807,549 |
| Gabriel Tirador | PSU | 19,569 | — | 1,840,647 |
| Joseph | PSU | 23,527 | — | 2,212,904 |
| Gabriel Tirador | PSU | 23,979 | — | 2,255,443 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $32,400 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $8,100 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Peer group, and who names Mercury General as a peer
Companies that benchmark against MER
No companies currently name MER as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
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 | Mercury General Corp | 2025 | Gabriel Tirador | $1,344,706 | $1,703,470 | $0 | $2,498,269 | $5,590,472 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 62 : 1 |
|---|---|
| CEO total compensation | $5,590,472 |
| Median employee compensation | $90,662 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (7 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Gabriel Tirador. DEF 14A, filed 2026-03-31. Section “Executive Compensation” · page 13. As printed: 5,590,472. View filing ↗
- Section 01, George Joseph. DEF 14A, filed 2026-03-31. Section “Executive Compensation” · page 13. As printed: 3,625,729. View filing ↗
- Section 01, Wei Pang. DEF 14A, filed 2026-03-31. Section “Executive Compensation” · page 13. As printed: 2,510,864. View filing ↗
- Section 01, Victor Joseph. DEF 14A, filed 2026-03-31. Section “Executive Compensation” · page 13. As printed: 2,478,439. View filing ↗
- Section 01, Theodore Stalick. DEF 14A, filed 2026-03-31. Section “Executive Compensation” · page 13. As printed: 2,385,637. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-31. Section “CEO Pay Ratio”. As printed: 62 : 1. View filing ↗
- Mercury General Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Mercury General Corp's own proxy. As printed: 5,590,472. View filing ↗