WRB · Berkley W R Corp

$68.44 +0.10 (+0.15%) At close · Aug 28

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$25.41B

371.23M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman	$1,097,800	—	$3,850,038	—	$11,176,030	$925,338	$17,049,206
W. Robert Berkley	President and Chief Executive Officer	$1,097,800	—	$3,850,038	—	$11,176,030	$699,998	$16,823,866
Philip S. Welt	Executive Vice President — Secretary	$742,102	—	$632,496	—	$1,658,900	$99,263	$3,132,761
Richard Baio	Executive Vice President — Chief Financial Officer	$742,102	—	$632,496	—	$1,658,900	$94,212	$3,127,710
Lucille T. Sgaglione	Executive Vice President	$742,102	$1,100,000	—	—	$366,050	$101,412	$2,309,564
James G. Shiel	Executive Vice President — Investments	$742,102	—	—	—	$1,466,050	$99,263	$2,307,415

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,086,800	—	$3,850,044	—	$11,696,675	$1,031,855	$17,665,374
W. Robert Berkley	President and Chief Executive Officer	$1,086,800	—	$3,850,044	—	$11,696,675	$737,714	$17,371,233
Philip S. Welt	Executive Vice President	$724,081	$1,100,000	$604,984	—	$544,135	$134,007	$3,107,207
Richard Baio	Executive Vice President — Chief Financial Officer	$724,081	—	$604,984	—	$1,644,135	$92,050	$3,065,250
James G. Shiel	Executive Vice President — Investments	$724,081	—	—	—	$1,644,135	$225,362	$2,593,578
Lucille T. Sgaglione	Executive Vice President	$724,081	—	—	—	$1,644,135	$109,097	$2,477,313

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,086,800	—	$3,850,025	—	$11,198,400	$977,990	$17,113,215
W. Robert Berkley	President and Chief Executive Officer	$1,086,800	—	$3,850,025	—	$11,198,400	$678,341	$16,813,566
James G. Shiel	Executive Vice President — Investments	$706,420	—	$550,013	—	$1,556,515	$217,163	$3,030,111
Lucille T. Sgaglione	Executive Vice President	$706,420	—	$550,013	—	$1,556,515	$106,249	$2,919,197
Richard Baio	Executive Vice President — Chief Financial Officer	$706,420	—	$550,013	—	$1,556,515	$89,930	$2,902,878

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,047,800	—	$3,850,038	—	$11,180,910	$830,334	$16,909,082
W. Robert Berkley	President and Chief Executive Officer	$1,047,800	—	$3,850,038	—	$11,180,910	$628,114	$16,706,862
James G. Shiel	Executive Vice President — Investments	$681,070	—	$550,052	—	$1,517,410	$115,213	$2,863,745
Lucille T. Sgaglione	Executive Vice President	$681,070	—	$550,052	—	$1,517,410	$96,827	$2,845,359
Richard Baio	Executive Vice President — Chief Financial Officer	$681,070	—	$550,052	—	$1,499,838	$84,488	$2,815,448

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,006,667	—	$3,850,030	—	$8,776,200	$647,575	$14,280,472
W. Robert Berkley	President and Chief Executive Officer	$1,006,667	—	$3,850,030	—	$8,776,200	$514,408	$14,147,305
James G. Shiel	Executive Vice President — Investments	$654,333	—	$550,004	—	$1,281,940	$65,854	$2,552,131
Lucille T. Sgaglione	Executive Vice President	$654,333	—	$550,004	—	$1,281,940	$65,644	$2,551,921
Richard Baio	Executive Vice President — Chief Financial Officer	$654,333	—	$550,004	—	$1,213,038	$65,854	$2,483,229

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,000,000	—	$3,575,058	—	$4,999,850	$578,948	$10,153,856
W. Robert Berkley	President and Chief Executive Officer	$1,000,000	—	$3,575,058	—	$4,999,850	$407,820	$9,982,728
James G. Shiel	Executive Vice President — Investments	$650,000	—	$522,529	—	$795,695	$52,420	$2,020,644
Lucille T. Sgaglione	Executive Vice President	$650,000	—	$522,529	—	$783,013	$52,210	$2,007,752
Richard Baio	Executive Vice President — Chief Financial Officer	$646,667	—	$522,529	—	$755,240	$52,153	$1,976,589

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,000,000	—	$3,575,014	—	$6,154,926	$559,084	$11,289,025
W. Robert Berkley	President and Chief Executive Officer	$1,000,000	—	$3,575,014	—	$5,939,145	$503,772	$11,017,931
James G. Shiel	Executive Vice President — Investments	$650,000	—	$522,564	—	$902,551	$58,980	$2,134,095
Ira S. Lederman	Executive Vice President and Secretary	$650,000	—	$522,564	—	$902,551	$58,500	$2,133,615
Lucille T. Sgaglione	Executive Vice President	$650,000	$500,000	$522,564	—	$339,345	$58,822	$2,070,731
Richard Baio	Executive Vice President — Chief Financial Officer	$625,000	—	$522,564	—	$786,551	$56,730	$1,990,846

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,000,000	—	$3,575,022	—	$7,192,950	$557,869	$12,325,841
W. Robert Berkley	President and Chief Executive Officer	$1,000,000	—	$3,575,022	—	$6,707,250	$570,589	$11,852,862
James G. Shiel	Executive Vice President — Investments	$650,000	—	$522,531	—	$1,032,155	$58,980	$2,263,667
Ira S. Lederman	Executive Vice President and Secretary	$650,000	—	$522,531	—	$1,032,155	$58,820	$2,263,507
Lucille T. Sgaglione	Executive Vice President	$650,000	$500,000	$522,531	—	$405,023	$58,980	$2,136,534
Richard Baio	Executive Vice President — Chief Financial Officer	$591,667	—	$440,063	—	$792,645	$53,730	$1,878,105

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William R. Berkley	Executive Chairman of the Board	$1,000,000	—	$3,575,015	—	$7,071,000	$568,082	$12,214,097
W. Robert Berkley	President and Chief Executive Officer	$1,000,000	—	$3,575,015	—	$5,253,700	$450,824	$10,279,539
James G. Shiel	Executive Vice President — Investments	$650,000	—	$522,549	—	$923,830	$55,730	$2,152,109
Ira S. Lederman	Executive Vice President and Secretary	$650,000	—	$522,549	—	$923,830	$55,730	$2,152,109
Richard Baio	Executive Vice President — Chief Financial Officer and Treasurer	$550,000	$400,000	$357,523	—	$225,245	$47,230	$1,579,998

Executive changes

Person	Role	Change	Effective	Filed
Lucille Sgaglione	Executive Vice President	Resigned	2026-06-30	2026-06-26
Daniel L. Mosley	director	Appointed	2023-01-01	2022-12-12
Ira S. Lederman	Executive Vice President and Secretary	Resigned	2020-06-01	2020-05-29

Key facts CIK 11544 CUSIP 084423102 13F (30d) 644 filings 602 filers Visit website Investor relations