R. Andrew Watts compensation by year
Brown & Brown Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $648,077 | $794,231 | $800,000 |
| Bonus | — | $0 | $750,000 |
| Stock awards | $980,620 | $1,279,571 | $1,282,054 |
| Option awards | — | $0 | $0 |
| Non-equity incentive | $1,559,000 | $1,903,000 | $813,000 |
| Pension and deferred compensation | — | $0 | $0 |
| All other | $81,161 | $86,284 | $95,973 |
| Total | $3,268,858 | $4,063,086 | $3,741,027 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Brown & Brown, Inc. DEF 14A filed March 24, 2026, accession 0001193125-26-122172, and prior-year filings. Open the filing on EDGAR.
Change-in-control & termination
estimated payments Brown & Brown discloses, by trigger · FY2026| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Disability | — | $8,948,021 | — | $8,948,021 |
| Death | — | $8,948,021 | — | $8,948,021 |
| Change in control and involuntary termination | — | $11,699,243 | — | $11,699,243 |
Per the Potential Payments Upon Termination or Change in Control table in Brown & Brown, Inc.'s FY2026 proxy. Estimates as the company printed them; a dash means it printed no figure.
Brown & Brown’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| J. Powell Brown | Chief Executive Officer and President | $8,641,088 |
| Stephen P. Hearn | Executive Vice President, Chief Operating Officer and President Retail Segment | $3,975,069 |
| R. Andrew Watts · this page | Chief Financial Officer, Executive Vice President and Treasurer | $3,741,027 |
| P. Barrett Brown | Executive Vice President | $3,495,054 |
| Chris L. Walker | Executive Vice President and Chairman Specialty Distribution Segment | $3,396,035 |
The full Brown & Brown compensation record
free company briefThis page is one person within Brown & Brown's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Brown & Brown's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Brown & Brown's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Velarion Pro: every company page, peer tools and exports, one seat