Tech — Software
Verisk Analytics Executive Compensation (FY25)
VRSK · Jersey City, NJ · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 21, 2026
366 figures on this page: 355 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
The disclosed peer group includes Clarivate, CoStar, Equifax, FactSet and Fair Isaac, among others. Separately, Lee Shavel, President and Chief Executive Officer, received $13,540,847 in total compensation for fiscal 2025, and Shavel's total moved 12.1% higher from the $12,074,727 reported for fiscal 2024, and for fiscal 2025, the company reported a chief executive pay ratio of 196:1, against median employee compensation of $68,933. Meanwhile, 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.
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Elizabeth D. Mann | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Elizabeth D. Mann | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Kathy Card Beckles | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kathy Card Beckles | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Lee M. Shavel | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Lee M. Shavel | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Nick Daffan | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Nick Daffan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sunita Holzer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sunita Holzer | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Kathy Beckles | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 1/15/2034 | |
| Option | ◇ | — | ◇ | 1/15/2032 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2035 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2033 | |
| Elizabeth Mann | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2035 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2033 | |
| Option | ◇ | — | ◇ | 1/15/2034 | |
| Lee Shavel | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 1/15/2035 | |
| Option | ◇ | — | ◇ | 5/25/2032 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2034 | |
| Option | ◇ | — | ◇ | 1/15/2032 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2033 | |
| Nick Daffan | Option | ◇ | — | ◇ | 1/15/2034 |
| Option | ◇ | — | ◇ | 1/15/2032 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/01/2028 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 7/01/2028 | |
| Option | ◇ | — | ◇ | 1/15/2035 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2033 | |
| Sunita Holzer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2035 | |
| Option | ◇ | — | ◇ | 1/15/2034 | |
| Option | ◇ | — | ◇ | 1/15/2032 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/15/2033 |
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 |
|---|---|---|---|---|---|---|---|
Bruce Hansen Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Kathleen A. Hogenson | ◇ | ◇ | — | — | — | — | ◇ |
Jeffrey Dailey | ◇ | ◇ | — | — | — | — | ◇ |
Samuel G. Liss | — | ◇ | — | — | — | — | ◇ |
Kimberly S. Stevenson | ◇ | ◇ | — | — | — | — | ◇ |
Olumide Soroye | ◇ | ◇ | — | — | — | — | ◇ |
Gregory Hendrick | ◇ | ◇ | — | — | — | — | ◇ |
Therese M. Vaughan | ◇ | ◇ | — | — | — | — | ◇ |
Sabra R. Purtill | — | ◇ | — | — | — | — | ◇ |
Christopher J. Perry | — | ◇ | — | — | — | — | ◇ |
Pradip K. Patiath and Lee M. Shavel 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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
Equity is delivered as 25% Options / 75% Deferred Stock Units.
Stock ownership guideline: 6x annual retainer ($630,000)
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 19, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 20, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 15, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 17, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 25, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 19, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 20, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 15, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 16, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 17, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 18, 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 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.
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.
366 figures on this page: 355 cited to the filing that reported them, 11 calculated from figures it prints.
355 cited to the filing
11 calculated from the filing
Documents cited
- 0001193125-26-234734
- 0001193125-26-1413982025 DIRECTOR COMPENSATION · 2025 GRANTS OF PLAN-BASED AWARDS · 2025 Grants of Plan-Based Awards · 2025 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · and 3 more sections
- 0001193125-25-127567
- 0001193125-25-0729212024 SUMMARY COMPENSATION TABLE
- 0001193125-24-141725
- 0001193125-24-0879552023 SUMMARY COMPENSATION TABLE
- 0001193125-23-151798
- 0001193125-23-0947812022 SUMMARY COMPENSATION TABLE
- 0001193125-22-163943Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-21-167780
- 0001193125-20-151523
- 0001193125-19-148026
- 0001193125-18-166579
- 0001193125-17-173873Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-16-594503Item 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, “Verisk Analytics executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/VRSK (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers Verisk Analytics discloses
The companies named in VRSK'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}
}