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Arch Capital Group Executive Compensation (FY25)

ACGL · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Nicolas Papadopoulo
Latest say-on-pay support
=
May 5, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): May 7, 2026
15 filings cited on this page
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325 figures on this page: 314 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Arch Capital Group

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Nicolas Papadopoulo: $31,758,573 → $14,626,320 (53.9% lower)
Say-on-pay support: 84.8% → 94.1% (9.3 points higher)
CEO pay ratio: 212:1 → 105:1 (50.5% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Arch Capital Group's chief executive and what were they paid?
Nicolas Papadopoulo, Chief Executive Officer and Class III Director, Arch Capital, received $14,626,320 in total compensation for fiscal 2025. Papadopoulo's total was 53.9% lower than the $31,758,573 reported for fiscal 2024.
What was Arch Capital Group's say-on-pay result?
Shareholders supported the say-on-pay proposal with 94.1% of votes cast for or against in favor at the meeting held May 5, 2026 for fiscal 2025.
Which companies are in Arch Capital Group's peer group?
Companies named in the disclosed peer group include American Financial Group, Inc., Arthur J. Gallagher & Co., Assurant, Inc., AXIS Capital Holdings Limited and Cincinnati Financial Corporation, among others.
What is Arch Capital Group's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 105:1, against median employee compensation of $132,527.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marc Grandisson
President and Chief Executive Officer
◇—◇◇◇—◇◇
Nicolas Papadopoulo
President and Chief Underwriting Officer, Arch Capital and CEO, Arch Worldwide Insurance Group
◇—◇◇◇—◇◇
David Gansberg
President and CEO, Arch Worldwide Mortgage Group
◇◇◇◇◇—◇◇
François Morin
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Maamoun Rajeh
Chairman and CEO, Arch Worldwide Reinsurance Group
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marc Grandisson
Chief Executive Officer and Class III Director, Arch Capital
◇—◇◇◇—◇◇
Nicolas Papadopoulo
President and Chief Underwriting Officer, Arch Capital and CEO, Arch Worldwide Insurance Group
◇—◇◇◇—◇◇
Maamoun Rajeh
Chairman and Chief Executive Officer, Arch Worldwide Reinsurance Group
◇—◇◇◇—◇◇
David Gansberg
Chief Executive Officer, Global Mortgage Group, Arch Capital
◇◇◇◇◇—◇◇
François Morin
Executive Vice President, Chief Financial Officer and Treasurer, Arch Capital
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Nicolas Papadopoulo
Chief Executive Officer and Class III Director, Arch Capital
◇—◇◇◇—◇◇
Maamoun Rajeh
President, Arch Capital
◇—◇◇◇—◇◇
David Gansberg
President, Arch Capital
◇◇◇◇◇—◇◇
Marc Grandisson
Retired Chief Executive Officer, Arch Capital
Departed during or after this year
◇—◇◇——◇◇
François Morin
Executive Vice President, Chief Financial Officer and Treasurer, Arch Capital
◇—◇◇◇—◇◇
Christine Todd
Chief Investment Officer, Arch Capital
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Nicolas Papadopoulo
Chief Executive Officer and Class III Director, Arch Capital
◇—◇◇◇—◇◇
Maamoun Rajeh
President, Arch Capital
◇—◇◇◇—◇◇
David Gansberg
President, Arch Capital
◇—◇◇◇—◇◇
François Morin
Executive Vice President, Chief Financial Officer and Treasurer, Arch Capital
◇—◇◇◇—◇◇
Christine Todd
Chief Investment Officer, Arch Capital
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christine ToddPSU◇◇◇—◇—◇
Christine ToddRSU◇——◇——◇
David E. GansbergPSU◇◇◇—◇—◇
David E. GansbergRSU◇——◇——◇
Maamoun RajehRSU◇——◇——◇
Maamoun RajehPSU◇◇◇—◇—◇
NAPSU◇—◇—◇—◇
Nicolas PapadopouloPSU◇◇◇—◇—◇
Nicolas PapadopouloRSU◇——◇——◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Nicolas PapadopouloOption◇—◇—
RSU◇◇——
Option◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
Christine ToddOption◇—◇—
PSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
François MorinRSU◇◇——
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
David GansbergOption◇—◇—
RSU◇◇——
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Maamoun RajehRSU◇◇——
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John D. Vollaro
◇————◇◇
John M. Pasquesi
Board chair
◇◇———◇◇
Laurie S. Goodman
◇◇———◇◇
Alexander S. Moczarski
◇◇———◇◇
Francis Ebong
◇◇———◇◇
Eileen Mallesch
◇◇———◇◇
Moira Kilcoyne
◇◇———◇◇
Brian S. Posner
◇◇———◇◇
John L. Bunce
◇◇———◇◇
Neal Triplett
◇◇———◇◇
Daniel Houston
◇◇———◇◇
Eugene S. Sunshine
◇————◇◇
Nicolas Papadopoulo served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Restricted Shares.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Financial Group, Inc. AFG
  • Arthur J. Gallagher & Co. AJG
  • Assurant, Inc. AIZ
  • AXIS Capital Holdings Limited AXS
  • Cincinnati Financial Corporation CINF
  • CNA Financial Corporation CNA
  • Everest Group, Ltd. EG
  • Markel Group Inc. MKL
  • Old Republic International Corporation ORI
  • RenaissanceRe Holdings Ltd. RNR
  • The Allstate Corporation ALL
  • The Hanover Insurance Group, Inc. HNRG
  • The Hartford Insurance Group, Inc. HIG
  • The Travelers Companies, Inc. TRV
  • W.R. Berkley Corporation WRB
  • Willis Towers Watson Public Limited Company WTW

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 5, 2026=◇◇◇
2024May 7, 2025=◇◇◇
2023May 9, 2024=◇◇◇
2022May 4, 2023=◇◇◇
2021May 4, 2022=◇◇◇
2020May 6, 2021=◇◇◇
2019May 8, 2020=◇◇◇
2018May 8, 2019=◇◇◇
2017May 9, 2018=◇◇◇
2016May 4, 2017=◇◇◇
2015May 6, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Nicolas Papadopoulo (Chief Executive Officer and Class III Director, Arch Capital), FY2025 total compensation $14,626,320 (base salary $1,300,000) [exec_comp, SEC accession 0000947484-26-000038, filed 2026-03-24]

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What this page does not include

Everything above is a fact Arch Capital Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Arch Capital Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Adviser switching and vote outcomes
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
325 figures on this page: 314 cited to the filing that reported them, 11 calculated from figures it prints.
314 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000947484-26-000063
  2. 0000947484-26-000038
    Director Compensation · Grants of Plan-Based Awards
  3. 0000947484-25-000052
  4. 0000947484-25-000031
    Summary Compensation Table”
  5. 0000947484-24-000077
  6. 0000947484-24-000035
    Summary Compensation Table”
  7. 0000947484-23-000062
  8. 0000947484-23-000040
    Summary Compensation Table
  9. 0000947484-22-000040
  10. 0000947484-21-000055
  11. 0000947484-20-000042
  12. 0000947484-19-000036
  13. 0000947484-18-000045
  14. 0000947484-17-000028
  15. 0001104659-16-119584
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Arch Capital Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ACGL (accessed 2026).
Short form: data: Velarion

The paid brief for Arch Capital Group

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Insurance rankings

Chief executive pay — InsuranceCEO pay ratio — InsuranceSay-on-pay support — Insurance

Peers Arch Capital Group discloses

The companies named in ACGL's own disclosed peer group.

American Financial Group, Inc.Arthur J. Gallagher & Co.Assurant, Inc.AXIS Capital Holdings LimitedCincinnati Financial CorporationCNA Financial CorporationEverest Group, Ltd.Markel Group Inc.Old Republic International CorporationRenaissanceRe Holdings Ltd.The Allstate CorporationThe Hanover Insurance Group, Inc.The Hartford Insurance Group, Inc.The Travelers Companies, Inc.W.R. Berkley CorporationWillis Towers Watson Public Limited Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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