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Investors Title Co. Message Board

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  • Debaser8 Debaser8 Aug 17, 2007 2:18 PM Flag

    Where's the Bottom?

    Thanks for pointing that out. I didn't notice the buy backs (though they should be significantly larger). Your post made me do some research into executive compensation.

    Executive compensation last year as a % of net income is horrible. 2.2 million in top executive comp 13 million in net income. 17% of net income is executive compensation. Compare this to Stewart Title with 2 million in executive compensation (for the top 3 execs) and 43 million in net income for a percentage of 4.6%. Their compensation appears to be egregious. Too bad the executives are also controlling shareholders.

    Name and Principal Position
    J. Allen Fine
    Chief Executive Officer &
    Chairman of the Board
    802,430
    James A. Fine, Jr.
    President, Chief Financial Officer & Treasurer
    728,618


    W. Morris Fine
    Executive Vice President & Secretary
    713,618

 
ITIC
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