Richard Baio compensation by year
W. R. Berkley Summary Compensation Table · all 9 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $497,981 | $550,000 | $591,667 | $625,000 | $646,667 | $654,333 | $681,070 | $706,420 | $742,102 |
| Bonus | $330,000 | $400,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $330,037 | $357,523 | $440,063 | $522,564 | $522,529 | $550,004 | $550,052 | $550,013 | $632,496 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $205,380 | $225,245 | $792,645 | $786,551 | $755,240 | $1,213,038 | $1,499,838 | $1,556,515 | $1,658,900 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $45,778 | $47,230 | $53,730 | $56,730 | $52,153 | $65,854 | $84,488 | $89,930 | $94,212 |
| Total | $1,409,176 | $1,579,998 | $1,878,105 | $1,990,846 | $1,976,589 | $2,483,229 | $2,815,448 | $2,902,878 | $3,127,710 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: W. R. Berkley Corp. DEF 14A filed April 22, 2026, accession 0001193125-26-170583, and prior-year filings. Open the filing on EDGAR.
How this page was built: the W. R. Berkley Corp. filed document, accession 0001193125-26-170583. Every figure is read from that document and cited to the page and table it appears in. Filed April 22, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 11,879 | $832,955 | — |
| RSU | 9,524 | $667,823 | — |
| RSU | 8,362 | $586,343 | — |
| RSU | 8,072 | $566,009 | — |
| RSU | 5,550 | $389,166 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in W. R. Berkley Corp.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
W. R. Berkley’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| William Berkley | Executive Chairman of the Board | $17,049,206 |
| W. Robert Berkley, Jr. | President and Chief Executive Officer | $16,823,866 |
| Philip Welt | Executive Vice President -- Secretary | $3,132,761 |
| Richard Baio · this page | Executive Vice President -- Chief Financial Officer | $3,127,710 |
| Lucille Sgaglione | Executive Vice President | $2,309,564 |
| James Shiel | Executive Vice President -- Investments | $2,307,415 |
Richard Baio's compensation dossier, W. R. Berkley
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How this record is built
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