Richard Lavey compensation by year
HANOVER INSURANCE Summary Compensation Table · all 9 fiscal years held| Component | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $452,019 | $515,000 | $522,308 | $564,423 | $607,692 | $644,231 | $669,231 | $694,231 | $738,461 |
| Bonus | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 |
| Stock awards | $231,149 | $313,011 | $487,667 | $524,917 | $543,985 | $675,099 | $750,144 | $826,465 | $1,089,699 |
| Option awards | $262,515 | $312,680 | $162,547 | $175,226 | $181,306 | $225,006 | $250,023 | $275,030 | $331,281 |
| Non-equity incentive | $328,500 | $386,250 | $485,000 | $693,000 | $675,000 | $560,500 | $683,100 | $1,245,500 | $1,312,500 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $48,436 | $59,528 | $63,834 | $76,213 | $78,608 | $69,646 | $70,178 | $75,465 | $73,369 |
| Total | $1,322,619 | $1,586,469 | $1,721,356 | $2,033,779 | $2,086,591 | $2,174,482 | $2,422,676 | $3,116,691 | $3,545,310 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: HANOVER INSURANCE GROUP, INC. DEF 14A filed March 26, 2026, accession 0001193125-26-125009, and prior-year filings. Open the filing on EDGAR.
How this page was built: the HANOVER INSURANCE GROUP, INC. filed document, accession 0001193125-26-125009. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 2,882 | $526,743 | — |
| RSU | 2,144 | $391,859 | — |
| PSU | 2,144 | $391,859 | — |
| RSU | 2,091 | $382,172 | — |
| PSU | 2,091 | $382,172 | — |
| RSU | 1,922 | $351,284 | — |
| RSU | 1,857 | $339,404 | — |
| Option | 9,377 | — | $161.82 |
| Option | 2,642 | — | $140.01 |
| Option | 6,078 | — | $134.26 |
Per the Outstanding Equity Awards at Fiscal Year-End table in HANOVER INSURANCE GROUP, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
3 Form 4 lines since the FY2025 proxy (filed March 26, 2026)current to 2026-11-10 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-25 | Grant or award | — | 27.91 | $0.00 | 34,474.53 |
| 2026-06-26 | Grant or award | — | 28.42 | $0.00 | 34,446.62 |
| 2026-03-27 | Grant or award | — | 35.47 | $0.00 | 34,418.21 |
The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
HANOVER INSURANCE’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| John Roche | President and CEO | $10,486,571 |
| Jeffrey Farber | EVP and CFO | $4,548,532 |
| Richard Lavey · this page | EVP and COO | $3,545,310 |
| Bryan Salvatore | EVP and President, Specialty | $3,203,070 |
| Dennis Kerrigan | EVP, CLO and Corporate Secretary | $2,139,070 |
Richard Lavey's compensation dossier, HANOVER INSURANCE
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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 HANOVER INSURANCE'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.
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