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Verisk Analytics Executive Compensation (FY25)

VRSK · Jersey City, NJ · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Lee Shavel
Latest say-on-pay support
=
May 19, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 3, 2026Latest filing (8-K): May 21, 2026
15 filings cited on this page
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397 figures on this page: 386 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 — Lee Shavel: $12,074,727 → $13,540,847 (12.1% higher)
Say-on-pay support: 96.0% → 95.7% (0.3 points lower)
CEO pay ratio: 132:1 → 196:1 (48.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Verisk Analytics' chief executive and what were they paid?
Lee Shavel, President and Chief Executive Officer, received $13,540,847 in total compensation for fiscal 2025. Shavel's total moved 12.1% higher from the $12,074,727 reported for fiscal 2024.
What was Verisk Analytics' say-on-pay result?
The say-on-pay proposal drew 95.7% of votes cast for or against in favor at the meeting held May 19, 2026 for fiscal 2025.
Which companies are in Verisk Analytics' peer group?
The disclosed peer group includes Clarivate, CoStar, Equifax, FactSet and Fair Isaac, among others.
What is Verisk Analytics' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 196:1, against median employee compensation of $68,933.

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
Scott Stephenson
Former Chairman, President and Chief Executive Officer
Departed during or after this year
◇◇◇———◇◇
Lee Shavel
President and Chief Executive Officer
◇—◇◇◇—◇◇
Mark Anquillare
Chief Operating Officer
◇◇◇◇——◇◇
Elizabeth Mann
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Nick Daffan
Executive Vice President and Chief Information Officer
◇—◇◇◇—◇◇
Kathy Card Beckles
Executive Vice President and Chief Legal Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Shavel
President and Chief Executive Officer
◇—◇◇◇—◇◇
Elizabeth Mann
Executive Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Nick Daffan
Executive Vice President and Chief Information Officer
◇—◇◇◇—◇◇
Kathy Card Beckles
Executive Vice President and Chief Legal Officer
◇◇◇◇◇—◇◇
Sunita Holzer
Executive Vice President and Chief Human Relations Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Shavel
President and Chief Executive Officer
◇—◇◇◇—◇◇
Elizabeth Mann
Executive Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Nick Daffan
Executive Vice President and Chief Information Officer
◇—◇◇◇—◇◇
Kathy Card Beckles
Executive Vice President and Chief Legal Officer
◇—◇◇◇◇◇◇
Sunita Holzer
Executive Vice President and Chief Human Relations Officer
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Shavel
President and Chief Executive Officer
◇—◇◇◇—◇◇
Elizabeth Mann
Executive Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Nick Daffan
Executive Vice President and Chief Information Officer
◇—◇◇◇—◇◇
Kathy Card Beckles
Executive Vice President and Chief Legal Officer
◇—◇◇◇◇◇◇
Sunita Holzer
Executive Vice President and Chief Human Relations 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
Elizabeth D. MannOPTION◇——◇—◇◇
Elizabeth D. MannPSU◇◇◇—◇—◇
Kathy Card BecklesOPTION◇——◇—◇◇
Kathy Card BecklesPSU◇◇◇—◇—◇
Lee M. ShavelOPTION◇——◇—◇◇
Lee M. ShavelPSU◇◇◇—◇—◇
Nick DaffanPSU◇◇◇—◇—◇
Nick DaffanOPTION◇——◇—◇◇
Sunita HolzerOPTION◇——◇—◇◇
Sunita HolzerPSU◇◇◇—◇—◇
Fiscal 2022, 2023, 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
Kathy Card BecklesRSU◇◇——
PSU◇◇——
Option◇—◇1/15/2032
Option◇—◇1/15/2035
PSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇1/15/2034
RSU◇◇——
RSU◇◇——
Option◇—◇1/15/2033
Nick DaffanPSU◇◇——
PSU◇◇——
Option◇—◇1/15/2032
Option◇—◇1/15/2034
RSU◇◇——
Option◇—◇7/01/2028
Option◇—◇1/15/2033
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇4/01/2028
Option◇—◇1/15/2035
Lee ShavelRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇1/15/2032
Option◇—◇5/25/2032
Option◇—◇1/15/2033
Option◇—◇1/15/2034
Option◇—◇1/15/2035
Elizabeth MannRSU◇◇——
Option◇—◇1/15/2033
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇1/15/2034
Option◇—◇1/15/2035
Sunita HolzerPSU◇◇——
Option◇—◇1/15/2034
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇1/15/2032
Option◇—◇1/15/2033
Option◇—◇1/15/2035
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Elizabeth Mann
Executive Vice President and Chief Financial Officer · Severance agreement · citing a 2026 filing
Severance multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Kathy Card Beckles
Executive Vice President and Chief Legal Officer · Severance agreement · citing a 2026 filing
Severance multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Lee Shavel
President and Chief Executive Officer · Severance agreement · citing a 2026 filing
Severance multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Nick Daffan
Executive Vice President and Chief Information Officer · Severance agreement · citing a 2026 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Sunita Holzer
Executive Vice President and Chief Human Relations Officer · Severance agreement · citing a 2026 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bruce Hansen
Board chair
◇◇————◇
Kathleen A. Hogenson
◇◇————◇
Jeffrey Dailey
◇◇————◇
Kimberly S. Stevenson
◇◇————◇
Samuel G. Liss
—◇————◇
Olumide Soroye
◇◇————◇
Therese M. Vaughan
◇◇————◇
Gregory Hendrick
◇◇————◇
Sabra R. Purtill
—◇————◇
Christopher J. Perry
—◇————◇
Lee M. Shavel and Pradip K. Patiath 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◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as RSUs or Deferred Stock Units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Clarivate CLVT
  • CoStar CSGP
  • Equifax EFX
  • FactSet FDS
  • Fair Isaac FICO
  • Gartner IT
  • Global Payments GPN
  • Guidewire GWRE
  • Intercontinental Exchange ICE
  • Jack Henry & Associates JKHY
  • Moody's MCO
  • MSCI MSCI
  • Nasdaq NDAQ
  • S&P Global SPGI
  • Thomson Reuters TRI
  • TransUnion TRU

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 25, 2022=◇◇◇
2020May 19, 2021=◇◇◇
2019May 20, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2017May 16, 2018=◇◇◇
2016May 17, 2017=◇◇◇
2015May 18, 2016=◇◇◇

Chief executive pay ratio

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

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- Lee Shavel (President and Chief Executive Officer), FY2025 total compensation $13,540,847 (base salary $1,000,000) [exec_comp, SEC accession 0001193125-26-141398, filed 2026-04-03]

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What this page does not include

Everything above is a fact Verisk Analytics disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Verisk Analytics 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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
397 figures on this page: 386 cited to the filing that reported them, 11 calculated from figures it prints.
386 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-234734
  2. 0001193125-26-141398
    2025 GRANTS OF PLAN-BASED AWARDS · 2025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · and 2 more sections
  3. 0001193125-25-127567
  4. 0001193125-25-072921
    2024 Summary Compensation Table
  5. 0001193125-24-141725
  6. 0001193125-24-087955
    2023 SUMMARY COMPENSATION TABLE
  7. 0001193125-23-151798
  8. 0001193125-23-094781
    2022 SUMMARY COMPENSATION TABLE
  9. 0001193125-22-163943
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-21-167780
  11. 0001193125-20-151523
  12. 0001193125-19-148026
  13. 0001193125-18-166579
  14. 0001193125-17-173873
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-16-594503
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
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Velarion, “Verisk Analytics executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/VRSK (accessed 2026).
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15 filings cited on this page
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Verisk Analytics discloses

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

ClarivateCoStarEquifaxFactSetFair IsaacGartnerGlobal PaymentsGuidewireIntercontinental ExchangeJack Henry & AssociatesMoody'sMSCINasdaqS&P GlobalTransUnion

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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