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Selective Insurance Group Executive Compensation (FY25)

SIGI · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): April 30, 2026
201 figures on this page: 194 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
John Marchioni was paid $6,858,564 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025, and Marchioni's total moved 8.6% higher from the $6,314,664 reported for fiscal 2024. Shareholders supported the say-on-pay proposal with 98.4% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025. The disclosed peer group names Arch Capital Group, Ltd., AXIS Capital Holdings Limited, Cincinnati Financial Corporation, CNA Financial Corporation and Erie Indemnity Company, among others. Companies named in the Cash Incentive Unit Peer Group include Donegal Insurance Group and Liberty Mutual Group Inc.
Chief executive, fiscal 2025
◇
John Marchioni
Latest say-on-pay support
=
April 29, 2026
Chief executive pay ratio
◇
To the median employee
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 — John Marchioni: $6,314,664 → $6,858,564 (8.6% higher)
Say-on-pay support: 97.0% → 98.4% (1.4 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Selective Insurance Group's chief executive and what were they paid?
John Marchioni was paid $6,858,564 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025. Marchioni's total moved 8.6% higher from the $6,314,664 reported for fiscal 2024.
What was Selective Insurance Group's say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.4% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025.
Which companies are in Selective Insurance Group's peer group?
The disclosed peer group names Arch Capital Group, Ltd., AXIS Capital Holdings Limited, Cincinnati Financial Corporation, CNA Financial Corporation and Erie Indemnity Company, among others. Companies named in the Cash Incentive Unit Peer Group include Donegal Insurance Group and Liberty Mutual Group Inc.
What is Selective Insurance Group's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 58:1, against median employee compensation of $118,344.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Marchioni
President and Chief Executive Officer
◇—◇—◇◇◇◇
Brenda Hall
Former EVP, Chief Operating Officer, Standard Lines
◇—◇—◇◇◇◇
Michael Lanza
EVP, General Counsel and Chief Compliance Officer
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Marchioni
President and Chief Executive Officer
◇—◇—◇—◇◇
Brenda Hall
Executive Vice President, Chief Operating Officer, Standard Lines
◇—◇—◇◇◇— not reconciled
Patrick Brennan
Executive Vice President, Chief Financial Officer
◇◇◇—◇——◇
Joseph Eppers
Executive Vice President, Chief Investment Officer
◇—◇—◇—◇◇
Anthony Harnett
Senior Vice President, Chief Accounting Officer
◇—◇—◇—◇◇
Michael Lanza
Executive Vice President, General Counsel and Chief Compliance Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Marchioni
Chairman, President and Chief Executive Officer
◇—◇—◇◇◇◇
Patrick Brennan
Executive Vice President, Chief Financial Officer
◇◇◇—◇—◇◇
Brenda Hall
Former Executive Vice President, Chief Operating Officer, Standard Lines
Departed during or after this year
◇—◇—◇◇◇◇
Joseph Eppers
Executive Vice President, Chief Investment Officer
◇—◇—◇—◇◇
Michael Lanza
Executive Vice President, General Counsel and Chief Compliance 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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brenda M. HallRSU◇——◇——◇
Brenda M. HallPSU◇◇◇—◇—◇
John J. MarchioniPSU◇◇◇—◇—◇
John J. MarchioniRSU◇——◇——◇
Joseph O. EppersPSU◇◇◇—◇—◇
Joseph O. EppersRSU◇——◇——◇
Michael H. LanzaPSU◇◇◇—◇—◇
Michael H. LanzaRSU◇——◇——◇
Patrick S. BrennanRSU◇——◇——◇
Patrick S. BrennanPSU◇◇◇—◇—◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Brenda HallPSU◇◇——
Joseph EppersPSU◇◇——
Michael LanzaPSU◇◇——
John MarchioniPSU◇◇——
Patrick BrennanPSU◇◇——
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
Robert Kelly Doherty
◇◇————◇
Thomas A. McCarthy
◇◇————◇
Cynthia S. Nicholson
◇◇————◇
John S. Scheid
◇◇————◇
Terrence W. Cavanaugh
◇◇————◇
Stephen C. Mills
◇◇————◇
H. Elizabeth Mitchell
◇◇————◇
Lisa Rojas Bacus
◇◇————◇
Ainar D. Aijala, Jr
◇◇————◇
Wole C. Coaxum
◇◇————◇
Kate E. R. Sampson
◇◇————◇
Philip H. Urban
◇—————◇
Julie Parsons
◇—————◇
John J. Marchioni 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◇
Lead independent director premium◇
Audit committee member◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual retainer ($500,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Arch Capital Group, Ltd. ACGL
  • AXIS Capital Holdings Limited AXS
  • Cincinnati Financial Corporation CINF
  • CNA Financial Corporation CNA
  • Erie Indemnity Company ERIE
  • Everest Re Group, Ltd. EG
  • Kemper Corporation KMPR
  • RLI Corporation RLI
  • The Hanover Insurance Group, Inc. THG
  • The Hartford Financial Services Group, Inc. HIG
  • United Fire Group, Inc. UFCS
  • W. R. Berkley Corporation WRB
Cash Incentive Unit Peer Group
  • Donegal Insurance Group DGICA
  • Liberty Mutual Group Inc. symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 29, 2026=◇◇◇
2024April 30, 2025=◇◇◇
2023May 1, 2024=◇◇◇
2022May 3, 2023=◇◇◇
2021May 3, 2022=◇◇◇
2020April 28, 2021=◇◇◇
2019April 29, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Selective Insurance Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Selective Insurance 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 — $1,200
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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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.
201 figures on this page: 194 cited to the filing that reported them, 7 calculated from figures it prints.
194 cited to the filing
7 calculated from the filing

Documents cited

  1. 0000230557-26-000013
  2. 0001104659-26-034953
    CEO PAY RATIO · DIRECTOR COMPENSATION · GRANTS OF PLAN-BASED AWARDS · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END · and 1 more section
  3. 0000230557-25-000012
  4. 0001104659-25-028157
    SUMMARY COMPENSATION TABLE
  5. 0000230557-24-000014
  6. 0001104659-24-039493
    Summary Compensation Table
  7. 0000230557-23-000014
  8. 0000230557-22-000014
  9. 0000230557-21-000018
  10. 0001104659-20-055487
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Selective Insurance Group executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/SIGI (accessed 2026).
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Insurance rankings

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

Peers Selective Insurance Group discloses

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

Arch Capital Group, Ltd.AXIS Capital Holdings LimitedCNA Financial CorporationErie Indemnity CompanyEverest Re Group, Ltd.Kemper CorporationThe Hanover Insurance Group, Inc.The Hartford Financial Services Group, Inc.United Fire Group, Inc.W. R. Berkley CorporationDonegal Insurance Group

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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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