HCI Group awards $2.4M bonus to CEO Paresh Patel; other exec bonuses total $875K

HCI Group, Inc.

CEO Paresh Patel received cash bonus of $2,400,000 for 2024 performance.
CFO James Harmsworth, COO Karin Coleman, and GC Andrew Graham each received $250,000.
President of real estate division Anthony Saravanos received $125,000.
Total executive cash bonuses awarded: $3,275,000.
Compensation committee cited strategic initiatives and response to Hurricanes Debby, Helene, Milton.

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