Aflac Management

Management criteria checks 2/4

Aflac's CEO is Dan Amos, appointed in Jan 1990, has a tenure of 34.33 years. total yearly compensation is $20.70M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.53% of the company’s shares, worth €237.14M. The average tenure of the management team and the board of directors is 3.7 years and 9 years respectively.

Key information

Dan Amos

Chief executive officer

US$20.7m

Total compensation

CEO salary percentage	7.0%
CEO tenure	34.3yrs
CEO ownership	0.5%
Management average tenure	3.7yrs
Board average tenure	9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Amos's remuneration changed compared to Aflac's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$5b
Dec 31 2023	US$21m	US$1m	US$5b
Sep 30 2023	n/a	n/a	US$5b
Jun 30 2023	n/a	n/a	US$5b
Mar 31 2023	n/a	n/a	US$5b
Dec 31 2022	US$16m	US$1m	US$4b
Sep 30 2022	n/a	n/a	US$5b
Jun 30 2022	n/a	n/a	US$4b
Mar 31 2022	n/a	n/a	US$4b
Dec 31 2021	US$16m	US$1m	US$4b
Sep 30 2021	n/a	n/a	US$4b
Jun 30 2021	n/a	n/a	US$6b
Mar 31 2021	n/a	n/a	US$6b
Dec 31 2020	US$23m	US$1m	US$5b
Sep 30 2020	n/a	n/a	US$5b
Jun 30 2020	n/a	n/a	US$3b
Mar 31 2020	n/a	n/a	US$3b
Dec 31 2019	US$14m	US$1m	US$3b
Sep 30 2019	n/a	n/a	US$3b
Jun 30 2019	n/a	n/a	US$3b
Mar 31 2019	n/a	n/a	US$3b
Dec 31 2018	US$18m	US$1m	US$3b
Sep 30 2018	n/a	n/a	US$5b
Jun 30 2018	n/a	n/a	US$5b
Mar 31 2018	n/a	n/a	US$5b
Dec 31 2017	US$23m	US$1m	US$5b

Compensation vs Market: Dan's total compensation ($USD20.70M) is above average for companies of similar size in the Austrian market ($USD4.44M).

Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.

CEO

Dan Amos (71 yo)

34.3yrs

Tenure

US$20,703,253

Compensation

Mr. Daniel Paul Amos, also known as Dan, has been President since January 1, 2024 and also the Chief Executive Officer of Aflac Incorporated and Aflac since 1990. He has been Chairman of Aflac Incorporated...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Amos	President	34.3yrs	US$20.70m	0.53% $ 234.8m
Max Kristian Broden	Executive VP & CFO	4.3yrs	US$5.73m	0.017% $ 7.6m
Bradley Dyslin	Executive VP	1.3yrs	US$4.33m	0.0020% $ 865.2k
Audrey Tillman	Executive VP & General Counsel	10yrs	US$6.51m	0.057% $ 25.0m
Frederick John Crawford	Executive Vice President	less than a year	US$8.20m	0.033% $ 14.5m
Robin Blackmon	SVP of Financial Services & Chief Accounting Officer	less than a year	no data	0.0013% $ 557.8k
Bradley Knox	Senior VP & Counsel of Federal Relations	no data	no data	no data
Steven Kent Beaver	Executive VP & CFO of Aflac Japan	5yrs	no data	0.0062% $ 2.7m
Timothy Callahan	Senior VP & Chief Information Security Officer	8.3yrs	no data	no data
Albert Riggieri	Senior VP & Global Chief Risk Officer	no data	no data	0.0057% $ 2.5m
Takeko Uemoto	Senior VP & Enterprise Corporate Actuary	3yrs	no data	no data
Frederic Jean Simard	Senior VP & CFO of Aflac U.S.	less than a year	no data	0.00075% $ 329.4k

3.7yrs

Average Tenure

58yo

Average Age

Experienced Management: AFL's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Amos	President	41.3yrs	US$20.70m	0.53% $ 234.8m
Charles Ditmars Lake	President of Aflac International & Chairman of Aflac Life Insurance Japan	15.9yrs	US$3.96m	0.011% $ 4.8m
Masatoshi Koide	President & Representative Director of Aflac Life Insurance Japan	no data	US$3.60m	0.015% $ 6.6m
Barbara Rimer	Independent Director	29.3yrs	US$341.55k	0.0061% $ 2.7m
William Bowers	Independent Lead Non-Management Director	11yrs	US$392.53k	0.011% $ 4.7m
Thomas Kenny	Independent Director	9.3yrs	US$325.01k	0.0031% $ 1.4m
Katherine Rohrer	Independent Director	6.5yrs	US$325.07k	0.0033% $ 1.5m
Karole Lloyd	Independent Director	7.3yrs	US$350.07k	0.0078% $ 3.4m
Arthur Collins	Independent Director	2yrs	US$317.68k	0.00097% $ 426.0k
Georgette Kiser	Independent Director	5yrs	US$315.07k	0.0027% $ 1.2m
Joseph Moskowitz	Independent Director	9yrs	US$356.69k	0.0045% $ 2.0m
Nobuchika Mori	Independent Director	4yrs	US$300.07k	0.0019% $ 847.7k

9.0yrs

Average Tenure

65yo

Average Age

Experienced Board: AFL's board of directors are considered experienced (9 years average tenure).

Aflac Management

Management criteria checks 2/4

Key information

Recent management updates

Aflac Incorporated Announces Executive Changes

Aflac Incorporated Appoints Daniel P. Amos as President, Effective on January 1, 2024

Board Member recently sold €2.4m worth of stock

Insufficient new directors

Insufficient new directors

Aflac Incorporated Elects Miwako Hosoda to Board of Directors

Recent updates

First quarter 2024 earnings released: EPS: US$3.27 (vs US$1.94 in 1Q 2023)

Aflac Incorporated Declares Second Quarter Cash Dividend, Payable on June 3, 2024

New minor risk - Insider selling

Full year 2023 earnings released: EPS: US$7.82 (vs US$6.96 in FY 2022)

Upcoming dividend of US$0.50 per share at 2.5% yield

New minor risk - Share price stability

Aflac Incorporated to Report Q1, 2024 Results on May 01, 2024

Full year 2023 earnings released: EPS: US$7.82 (vs US$6.62 in FY 2022)

Aflac Incorporated Declares First Quarter Dividend, Payable on March 1, 2024

Aflac Incorporated Announces Executive Changes

Aflac Incorporated to Report Fiscal Year 2023 Results on Jan 31, 2024

Aflac Incorporated Appoints Daniel P. Amos as President, Effective on January 1, 2024

Board Member recently sold €2.4m worth of stock

Upcoming dividend of US$0.42 per share at 2.1% yield

Aflac Incorporated Declares Fourth Quarter Dividend, Payable on December 1, 2023

Third quarter 2023 earnings released: EPS: US$2.63 (vs US$2.54 in 3Q 2022)

Insufficient new directors

Aflac Incorporated to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.42 per share at 2.2% yield

Aflac Incorporated Declares Third Quarter Cash Dividend, Payable on September 1, 2023

Second quarter 2023 earnings released: EPS: US$2.70 (vs US$2.17 in 2Q 2022)

Now 20% undervalued

Aflac Incorporated to Report Q2, 2023 Results on Aug 01, 2023

Upcoming dividend of US$0.42 per share at 2.5% yield

Insufficient new directors

Aflac Incorporated Elects Miwako Hosoda to Board of Directors

First quarter 2023 earnings released: EPS: US$1.94 (vs US$1.59 in 1Q 2022)

Upcoming dividend of US$0.42 per share at 2.4% yield

Full year 2022 earnings released: EPS: US$6.73 (vs US$6.42 in FY 2021)

Aflac Incorporated Announces Increase in First Quarter Cash Dividend, Payable on March 1, 2023

Aflac Incorporated to Report Fiscal Year 2022 Results on Feb 01, 2023

Insider recently sold €311k worth of stock

Executive VP recently sold €1.9m worth of stock

Insufficient new directors

Aflac Incorporated Declares Dividend for the First Quarter 2023, Payable on March 1, 2023

Upcoming dividend of US$0.40 per share

Third quarter 2022 earnings released: EPS: US$2.54 (vs US$1.33 in 3Q 2021)

Aflac Incorporated Declares Cash Dividend for the Fourth Quarter, Payable on December 1, 2022

Aflac Incorporated Announces Executive Changes

Aflac Dental, Vision and Hearing Plans Now Available to Individuals Outside the Traditional Worksite

Aflac Incorporated to Report Q3, 2022 Results on Oct 31, 2022

Aflac Enhances Individual Short-Term Disability Insurance to Include Mental Health Coverage

Aflac Incorporated Names Virgil R. Miller as President, Aflac US

Upcoming dividend of US$0.40 per share

President of Aflac US recently sold €583k worth of stock

Aflac Incorporated Announces the Introduction of Two New Consumer-Directed Products

Second quarter 2022 earnings released: EPS: US$2.17 (vs US$1.63 in 2Q 2021)

Aflac Incorporated Declares Third Quarter Cash Dividend, Payable on September 1, 2022

Aflac Incorporated to Report Q2, 2022 Results on Aug 01, 2022

Aflac Incorporated(NYSE:AFL) dropped from Russell 1000 Dynamic Index

Insufficient new directors

Upcoming dividend of US$0.40 per share

Independent Director recently bought €56k worth of stock

First quarter 2022 earnings released: EPS: US$1.59 (vs US$1.88 in 1Q 2021)

Aflac Incorporated Declares Second Quarter Cash Dividend, Payable on June 1, 2022

Insufficient new directors

Aflac Incorporated Announces Retirement of Teresa L. White, President, Aflac U.S, Effective March 31, 2023

Independent Director recently sold €77k worth of stock

Executive VP recently sold €1.1m worth of stock

Upcoming dividend of US$0.40 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Executive VP & General Counsel recently sold €296k worth of stock

Insufficient new directors

Upcoming dividend of US$0.33 per share

Third quarter 2021 earnings released: EPS US$1.33 (vs US$3.45 in 3Q 2020)

Independent Director recently sold €98k worth of stock

Independent Director recently bought €47k worth of stock

Independent Director recently bought €47k worth of stock

Second quarter 2021 earnings released: EPS US$1.63 (vs US$1.12 in 2Q 2020)