Insurance
Mercury General Executive Compensation (FY25)
MCY · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Gabriel Tirador | Latest say-on-pay support = May 13, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 4, 2026Latest filing (8-K): May 14, 2026
13 filings cited on this page
Method: intel.velarion.ai/methodology
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208 figures on this page: 198 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
More on Mercury General
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 — Gabriel Tirador: $3,678,591 → $5,590,472 (52.0% higher)
Say-on-pay support: 97.6% → 98.5% (0.9 points higher)
CEO pay ratio: 43:1 → 62:1 (44.2% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Mercury General's chief executive and what were they paid?
Gabriel Tirador was paid $5,590,472 in total compensation as Chief Executive Officer for fiscal 2025. Tirador's total moved 52.0% higher from the $3,678,591 reported for fiscal 2024.
What was Mercury General's say-on-pay result?
The say-on-pay proposal drew 98.5% of votes cast including abstentions in favor at the meeting held May 13, 2026 for fiscal 2025.
Which companies are in Mercury General's peer group?
The disclosed peer group names Alleghany Corporation, Allstate Corporation, American Financial Group, Arch Capital Group Ltd and Berkley (W.R.), among others.
What is Mercury General's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 62:1, against median employee compensation of $90,662.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gabriel Tirador Chief Executive Officer Director | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
George Joseph Chairman of the Board | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Theodore Stalick Senior Vice President Chief Financial Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Christopher Graves Vice President Chief Investment Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gabriel Tirador Chief Executive Officer Director | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
George Joseph Chairman of the Board | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Wilson Pang Vice President Chief Technology Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Theodore Stalick Senior Vice President Chief Financial Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Christopher Graves Vice President Chief Investment Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gabriel Tirador Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Victor Joseph Chairman of the Board | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Theodore Stalick Senior Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Wei Pang Vice President and Chief Technology Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gabriel Tirador Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
George Joseph Chairman of the Board | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Wei Pang Vice President and Chief Technology Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Victor Joseph President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Theodore Stalick Senior Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Gabriel Tirador | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gabriel Tirador | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| George Joseph | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Theodore Stalick | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Theodore Stalick | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Victor Joseph | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Victor Joseph | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Wei Pang | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Wei Pang | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Wei Pang | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2024 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 |
|---|---|---|---|---|---|
| Gabriel Tirador | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| George Joseph | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Victor Joseph | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Theodore Stalick | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Wei Pang | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
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 |
|---|---|---|---|---|---|---|---|
Martha E. Marcon Lead independent director | ◇ | — | — | — | — | — | — |
Vicky Wai Yee Joseph | ◇ | — | — | — | — | — | — |
James G. Ellis | ◇ | — | — | — | — | — | — |
George G. Braunegg | ◇ | — | — | — | — | — | — |
Ramona L. Cappello | ◇ | — | — | — | — | — | — |
Joshua E. Little | ◇ | — | — | — | — | — | — |
George Joseph, Victor Joseph and Gabriel Tirador 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.
| Lead independent director premium | ◇ |
| Board meeting fee | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- Alleghany Corporation Y
- Allstate Corporation ALL
- American Financial Group AFG
- Arch Capital Group Ltd ACGL
- Berkley (W.R.) WRB
- Berkshire Hathaway 'B' BRK.B
- Chubb Corporation CB
- Cincinnati Financial Corporation CINF
- CNA Financial Corporation CNA
- Hanover Insurance Group HNGR
- Markel Corporation MKL
- Old Republic International ORI
- Progressive Corporation PGR
- RLI Corporation RLI
- Selective Insurance Group SLF
- Travelers Companies, Inc. TRV
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 13, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 14, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 8, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 10, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 11, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 12, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 13, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 8, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 9, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 10, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Gabriel Tirador (Chief Executive Officer), FY2025 total compensation $5,590,472 (base salary $1,344,706) [exec_comp, SEC accession 0000064996-26-000010, filed 2026-03-31]What this page does not include
Everything above is a fact Mercury General disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Mercury General 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 — $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 — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable 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.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
208 figures on this page: 198 cited to the filing that reported them, 10 calculated from figures it prints.
198 cited to the filing
10 calculated from the filing
Documents cited
- 0000064996-26-000017Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-26-000010Director Compensation table · Summary Compensation Table
- 0000064996-25-000031Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-25-000022
- 0000064996-24-000022Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-24-000014
- 0000064996-23-000028Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-22-000017Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-21-000022Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-20-000033Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-19-000018Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-18-000035Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000064996-17-000017Item 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, “Mercury General executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MCY (accessed 2026).
Short form: data: Velarion
The paid brief for Mercury General
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
13 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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Peers Mercury General discloses
The companies named in MCY's own disclosed peer group.
Terms on this page
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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}
}