CEO Total Pay
$12.9M
FY2022 Summary Compensation
FY2022 data Public-data reference. official source
National Western Life Group, Inc.
Data updated July 2026
Open-data reference.
Insurance Carriers · DE · FY2022
CEO-to-Worker Pay Ratio
231:1
High (Scale: 0–1000:1)
CEO Pay
$12.9M
Median Worker
$55,869
A component-level pay breakdown (salary, bonus, equity, perks, pension) is not reported in National Western Life Group, Inc.'s structured SEC pay-ratio disclosure. Only the CEO-to-median-worker ratio is required under Dodd-Frank §953(b); see our methodology for what each filing does and doesn't disclose.
National Western Life Group, Inc., a insurance carriers company, reported a CEO-to-worker pay ratio of 231:1 in FY2022. The CEO received total compensation of $12.9M, while the median employee earned $55,869 annually. This is above the Insurance Carriers industry median of 69:1 across 54 companies. Data sourced from SEC EDGAR proxy (DEF 14A) filings.
CEO Compensation Breakdown, FY2022
A component-level pay breakdown is not reported in National Western Life Group, Inc.'s structured SEC pay-ratio disclosure. See our methodology →
Industry Comparison - Insurance Carriers
This Company's Ratio
231:1
Industry Median Ratio
69:1
Industry Median CEO Pay
$8.2M
This CEO's Pay
$12.9M
Companies in Industry
54
vs. Industry Median
Above
Understanding This Pay Ratio
National Western Life Group, Inc.'s CEO-to-worker pay ratio of 231:1 means that the CEO earned 231 times more than the company's median employee in FY2022.
The median employee at National Western Life Group, Inc. earned $55,869 annually. At that wage, it would take a median employee approximately 231 years to earn what the CEO earned in a single year.
Why cross-company pay-ratio comparisons need caution
SEC rules let each company choose its own methodology for identifying the "median employee" (measurement date, statistical sampling, whether part-time pay is annualized, and a de minimis exemption for up to 5% of non-U.S. employees), so a higher ratio doesn't automatically mean less-fair pay practices, it can also reflect workforce mix (a large offshore, outsourced, or part-time-heavy workforce lowers the reported median and raises the ratio for reasons unrelated to CEO compensation itself).
Pay Ratio
231:1
Elevated vs peers
What This 2022 Filing Tells Us About National Western Life Group, Inc.
According to the 2022 DEF 14A proxy statement filed with the SEC, National Western Life Group, Inc. (CIK 1635984) reported the CEO's total compensation at $12.9M. The proxy statement's structured pay-ratio disclosure reports this total but does not break it down by salary, bonus, equity, or other components. The median employee at the firm, the reference point mandated by Section 953(b) of the Dodd-Frank Act, earned $55,869 over the same fiscal year, producing the headline CEO-to-worker pay ratio of 231:1 that this page tracks.
National Western Life Group, Inc. operates in the Insurance Carriers sector and is headquartered in DE. Across the Insurance Carriers industry (SIC 63), 54 SEC-reporting companies disclosed pay ratios in FY2025, with a median of 69:1 and an average of 103:1. Median industry CEO pay was $8.2M, so National Western Life Group, Inc.'s $12.9M sits above that typical figure.
This proxy was filed on 2023-04-28; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.
What these SEC numbers do and do not include
Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more, or less, depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year.
Key Data, FY2022
- CEO
- Not disclosed
- Total Compensation
- $12.9M
- Median Employee Pay
- $55,869
- Pay Ratio
- 231:1
- Filing Date
- 2023-04-28
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with official SEC filings at sec.gov.
Frequently Asked Questions
What is the CEO pay ratio at National Western Life Group, Inc.? ▼
National Western Life Group, Inc.'s CEO-to-worker pay ratio is 231:1. The CEO earned $12.9M in FY2022, while the median employee earned $55,869.
How much does National Western Life Group, Inc.'s CEO earn? ▼
The CEO of National Western Life Group, Inc. earned total compensation of $12.9M in fiscal year 2022, according to SEC proxy filings.
How does National Western Life Group, Inc.'s pay ratio compare to its industry? ▼
National Western Life Group, Inc.'s pay ratio of 231:1 is above the Insurance Carriers industry median of 69:1. The industry has 54 companies reporting pay ratios.
Where does National Western Life Group, Inc.'s CEO pay data come from? ▼
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. Companies are required by the Dodd-Frank Act to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates this publicly available data for easy comparison.
What is included in the CEO's total compensation? ▼
PlainCEOPay reports the CEO total-compensation figure disclosed with the company's pay-ratio filing. The current dataset does not extract its underlying Summary Compensation Table line items, so this page does not provide a salary, bonus, equity, or other-component breakdown.
How long would it take a median National Western Life Group, Inc. employee to earn the CEO's pay? ▼
At a median salary of $55,869, it would take the typical National Western Life Group, Inc. employee approximately 231 years to earn what the CEO earned in a single year ($12.9M in FY2022).
Read our methodology - how this data is sourced, computed, and verified.
Related
Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay
Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed July 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.
Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Executive pay figures are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.