Insurance
Unum Group Executive Compensation (FY25)
UNM · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
221 figures on this page: 210 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
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 — Richard McKenney: $18,393,061 → $19,417,476 (5.6% higher)
Say-on-pay support: 92.2% → 96.1% (3.9 points higher)
Frequently asked questions
Answers drawn from the data on this page.
What was Unum Group's say-on-pay result?
The say-on-pay proposal drew 96.1% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Unum Group's peer group?
The disclosed peer group names Aflac, Brighthouse Financial, CNO Financial Group, Equitable Holdings and Lincoln Financial Group Corporation, among others. The additional disclosed peer group names AIG, Allstate, Cigna, Corebridge Financial and Genworth Financial, among others.
What is Unum Group's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 222:1, against median employee compensation of $87,332.
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 |
|---|---|---|---|---|---|---|---|---|
Richard McKenney President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Simonds Executive Vice President, Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Zabel Executive Vice President, Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Lisa Iglesias Executive Vice President, General Counsel and Chief Legal and Compliance Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Timothy Arnold President, Unum US | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard McKenney President and Chief Executive Officer, and a Director | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Steven Zabel Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Simonds Former Executive Vice President, Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Lisa Iglesias Executive Vice President, General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Timothy Arnold Executive Vice President, Voluntary Benefits & President, Colonial Life | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard McKenney President and Chief Executive Officer, and a Director | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Zabel Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Christopher Pyne Executive Vice President, Group Benefits | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Lisa Iglesias Executive Vice President, General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Timothy Arnold Executive Vice President, Voluntary Benefits & President, Colonial Life | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard McKenney President and Chief Executive Officer, and a Director | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Steven Zabel Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Christopher Pyne Executive Vice President, Group Benefits | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Shelia Anderson Executive Vice President, Chief Information and Digital Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Lisa Iglesias Executive Vice President, General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|---|---|---|
| Christopher W. Pyne | AIP | — | — | — | — | — | — | — |
| Christopher W. Pyne | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Lisa G. Iglesias | AIP | — | — | — | — | — | — | — |
| Lisa G. Iglesias | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Richard P. McKenney | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Richard P. McKenney | AIP | — | — | — | — | — | — | — |
| Shelia D. Anderson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Steven A. Zabel | AIP | — | — | — | — | — | — | — |
| Steven A. Zabel | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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 |
|---|---|---|---|---|---|
| Richard McKenney | RSU | ◇ | ◇ | — | — |
| Lisa Iglesias | RSU | ◇ | ◇ | — | — |
| Shelia Anderson | RSU | ◇ | ◇ | — | — |
| Christopher Pyne | RSU | ◇ | ◇ | — | — |
| Steven Zabel | 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 |
|---|---|---|---|---|---|---|---|
Kevin T. Kabat Board chair · Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Ronald P. O'Hanley | ◇ | ◇ | — | — | — | ◇ | ◇ |
Cynthia L. Egan | ◇ | ◇ | — | — | — | ◇ | ◇ |
Susan D. DeVore | ◇ | ◇ | — | — | — | ◇ | ◇ |
Susan L. Cross | ◇ | ◇ | — | — | — | ◇ | ◇ |
Theodore H. Bunting, Jr | ◇ | ◇ | — | — | — | ◇ | ◇ |
Gale V. King | ◇ | ◇ | — | — | — | ◇ | ◇ |
Timothy F. Keaney | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mojgan M. Lefebvre | ◇ | ◇ | — | — | — | — | ◇ |
Joseph J. Echevarria | ◇ | ◇ | — | — | — | — | ◇ |
Gloria C. Larson, Kristi A. Matus and Richard P. McKenney 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 | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Aflac AFL
- Brighthouse Financial BHF
- CNO Financial Group CNO
- Equitable Holdings EQH
- Lincoln Financial Group Corporation LNC
- MetLife MET
- Principal Financial Group PFG
- Prudential Financial PRU
- Reinsurance Group of America RGA
- The Hartford Insurance Group HIG
Additional disclosed peer group
- AIG AIG
- Allstate ALL
- Cigna CI
- Corebridge Financial CRBG
- Genworth Financial GNW
- Globe Life GL
- Voya Financial VOYA
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 22, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 23, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 25, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 27, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 28, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 23, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 24, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 25, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 26, 2016 | = | ◇ | ◇ | ◇ |
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 Unum Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Unum 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.
221 figures on this page: 210 cited to the filing that reported them, 11 calculated from figures it prints.
210 cited to the filing
11 calculated from the filing
Documents cited
- 0000005513-26-000053
- 0000005513-26-0000262025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · CEO PAY RATIO · and 1 more section
- 0000005513-25-000079
- 0000005513-25-0000482024 Summary Compensation Table
- 0000005513-24-000104
- 0000005513-24-0000832023 Summary Compensation Table
- 0000005513-23-000139
- 0000005513-23-000107Summary Compensation Table
- 0000005513-22-000104
- 0000005513-21-000129
- 0000005513-20-000098
- 0000005513-19-000084
- 0000005513-18-000058
- 0000005513-17-000058
- 0001193125-16-604332
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Unum Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/UNM (accessed 2026).
Short form: data: Velarion
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Insurance rankings
Peers Unum Group discloses
The companies named in UNM'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}
}