Bloomberg Law
July 25, 2017, 1:35 PM UTC

In-House Compensation Report: Top 30 Money-Earners

Gabe Friedman
Freelancer

By the time A.J. Kess joined Travelers’ Insurance Company as the chief legal officer in December 2016, the year was basically over. Nonetheless, Travelers tallied his total compensation that year as $8.7 million.

For most of 2016, Kess had been a partner at Simpson Thacher & Bartlett, which posted profits per partner of $3.47 million, according to The American Lawyer.

To entice him to walk away from “certain pension benefits,” as the company phrased it in its 2017 proxy report, it paid Kess $4.7 million in other compensation, in addition to a $500,000 bonus, $3 million in stock awards, and $500,000 ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.