Insurance
Donegal Group Executive Compensation (FY25)
DGICA · Executive and director compensation, fiscal 2023 to 2025
Data as of September 5, 2026Latest filing (8-K): April 17, 2026
152 figures on this page: 150 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
Total compensation for Kevin Burke, President and Chief Executive Officer, came to $1,742,994 in fiscal 2025, and Burke's total was 19.6% higher than the $1,456,810 reported for fiscal 2024. The company reported a chief executive pay ratio of 16.4:1 for fiscal 2025, against median employee compensation of $98,234. For fiscal 2025, the say-on-pay proposal drew 98.7% support at the meeting held April 16, 2026. The disclosed peer group includes Cincinnati Financial Corporation, Erie Indemnity Company, Horace Mann Educators Corporation, Kemper Corporation and ProAssurance Corporation, among others.
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 — Kevin Burke: $1,456,810 → $1,742,994 (19.6% higher)
CEO pay ratio: 14.2:1 → 16.4:1 (15.5% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Donegal Group's chief executive and what were they paid?
Total compensation for Kevin Burke, President and Chief Executive Officer, came to $1,742,994 in fiscal 2025. Burke's total was 19.6% higher than the $1,456,810 reported for fiscal 2024.
What was Donegal Group's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 98.7% support at the meeting held April 16, 2026.
Which companies are in Donegal Group's peer group?
The disclosed peer group includes Cincinnati Financial Corporation, Erie Indemnity Company, Horace Mann Educators Corporation, Kemper Corporation and ProAssurance Corporation, among others.
What is Donegal Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 16.4:1 for fiscal 2025, against median employee compensation of $98,234.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Kevin Burke President and Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Jeffrey Miller Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Sanjay Pandey Executive Vice President and Chief Information Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Jeffery Hay Executive Vice President | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Kevin Burke President and Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Jeffrey Miller Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
W. Daniel DeLamater Executive Vice President and Chief Operating Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Sanjay Pandey Executive Vice President and Chief Information Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Jeffery Hay Executive Vice President | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Kevin Burke President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jeffrey Miller Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
W. Daniel DeLamater Executive Vice President and Chief Operating Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Sanjay Pandey Executive Vice President and Chief Information Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Jeffery Hay Executive Vice President | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
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 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jeffery T. Hay | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Jeffrey D. Miller | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Kevin G. Burke | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Sanjay Pandey | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| W. Daniel DeLamater | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Sanjay Pandey | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Kevin Burke | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Jeffrey Miller | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Jeffery Hay | 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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Jack L. Hess | ◇ | ◇ | — | — | — | — | ◇ |
Kevin M. Kraft, Sr | ◇ | ◇ | — | — | — | — | ◇ |
Dennis J. Bixenman | ◇ | ◇ | — | — | — | — | ◇ |
Barry C. Huber | ◇ | ◇ | — | — | — | — | ◇ |
Britta H. Schatz | ◇ | ◇ | — | — | — | — | ◇ |
Annette B. Szady | ◇ | ◇ | — | — | — | — | ◇ |
S. Trezevant Moore, Jr | ◇ | ◇ | — | — | — | — | ◇ |
Jon M. Mahan | ◇ | ◇ | — | — | — | — | ◇ |
David C. King | ◇ | ◇ | — | — | — | — | ◇ |
Melissa A. Veenstra, Kevin G. Burke and Michael K. Callahan 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 | ◇ |
| Audit committee member | ◇ |
| Compensation committee member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Cincinnati Financial Corporation CINF
- Erie Indemnity Company ERIE
- Horace Mann Educators Corporation HMN
- Kemper Corporation KMPR
- ProAssurance Corporation PRA
- RLI Corp. RLI
- Selective Insurance Group, Inc. SIGI
- The Hanover Insurance Group, Inc. THG
- United Fire Group, Inc. UFCS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 16, 2026 | = | ◇ | ◇ | ◇ |
| 2022 | April 20, 2023 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Donegal Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Donegal 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
152 figures on this page: 150 cited to the filing that reported them, 2 calculated from figures it prints.
150 cited to the filing
2 calculated from the filing
Documents cited
- 0001140361-26-015398Item 5.07 . Submission of Matters to a Vote of Security Holders .
- 0001140361-26-009495CEO Pay Ratio · Director Compensation · EXECUTIVE COMPENSATION DISCUSSION AND ANALYSIS & · Outstanding Equity Awards at December 31, 2025 · and 1 more section
- 0001140361-25-008932Grants of Plan-Based Awards · Summary Compensation Table
- 0001140361-24-013410Summary Compensation Table
- 0001140361-23-024922Item 5.07 . Submission of Matters to a Vote of Security Holders .
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Donegal Group executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/DGICA (accessed 2026).
Short form: data: Velarion
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Insurance rankings
Peers Donegal Group discloses
The companies named in DGICA's own disclosed peer group.
Terms on this page
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}
}