Ameriprise Financial Management

Management criteria checks 2/4

Ameriprise Financial's CEO is Jim Cracchiolo, appointed in Sep 2005, has a tenure of 18.58 years. total yearly compensation is $28.38M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth €33.13M. The average tenure of the management team and the board of directors is 11.6 years and 8.9 years respectively.

Key information

Jim Cracchiolo

Chief executive officer

US$28.4m

Total compensation

CEO salary percentage	4.4%
CEO tenure	18.6yrs
CEO ownership	0.09%
Management average tenure	11.6yrs
Board average tenure	8.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Cracchiolo's remuneration changed compared to Ameriprise Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$28m	US$1m	US$3b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$23m	US$1m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$3b
Dec 31 2021	US$21m	US$1m	US$3b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	-US$65m
Dec 31 2020	US$21m	US$1m	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$3b
Mar 31 2020	n/a	n/a	US$4b
Dec 31 2019	US$25m	US$1m	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$26m	US$1m	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$24m	US$1m	US$1b

Compensation vs Market: Jim's total compensation ($USD28.38M) is above average for companies of similar size in the German market ($USD5.66M).

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

CEO

Jim Cracchiolo (64 yo)

18.6yrs

Tenure

US$28,378,031

Compensation

Mr. James M. Cracchiolo, also known as Jim, has been the Chief Executive Officer, Chairman and Director at Ameriprise Financial, Inc. (formerly, American Express Financial Corporation) since September 30,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Cracchiolo	Chairman & CEO	18.6yrs	US$28.38m	0.087% $ 33.1m
Walter Berman	Executive VP	18.6yrs	US$9.46m	0.00038% $ 144.7k
William Davies	Executive VP & Global Chief Investment Officer	2.2yrs	US$4.17m	0.020% $ 7.7m
William Truscott	Chief Executive Officer of Global Asset Management	11.6yrs	US$7.93m	0.023% $ 8.7m
Joseph Sweeney	President of Advice & Wealth Management - Products and Service Delivery	14.9yrs	US$5.73m	0.0056% $ 2.1m
John Hutt	Executive VP - Finance	4.8yrs	no data	no data
Gerard Smyth	Executive VP & Global Chief Information Officer	3.7yrs	no data	0.0038% $ 1.4m
Alicia Charity	Senior Vice President of Investor Relations	9.3yrs	no data	no data
Heather Melloh	Executive VP & General Counsel	1.8yrs	no data	0.0035% $ 1.3m
Deirdre D. McGraw	Executive Vice President of Marketing	17.9yrs	no data	no data
Kelli Ann Petruzillo	Executive Vice President of Human Resources	18.6yrs	no data	no data
David Joy	Chief Market Strategist	no data	no data	no data

11.6yrs

Average Tenure

61.5yo

Average Age

Experienced Management: A4S's management team is seasoned and experienced (11.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Cracchiolo	Chairman & CEO	18.6yrs	US$28.38m	0.087% $ 33.1m
Robert Sharpe	Presiding Independent Director	18.6yrs	US$372.00k	0.018% $ 7.0m
Christopher Williams	Independent Director	7.6yrs	US$354.69k	0.00020% $ 76.2k
W. Walter	Independent Director	6yrs	US$327.00k	0.0010% $ 380.9k
Amy DiGeso	Independent Director	10.2yrs	US$340.00k	0.00016% $ 60.9k
Brian Shea	Independent Director	4.8yrs	US$317.50k	0.0031% $ 1.2m
Armando Pimentel	Independent Director	1.6yrs	US$152.77k	0.0027% $ 1.0m
Dianne Blixt	Independent Director	10.2yrs	US$346.50k	0.0010% $ 380.9k

8.9yrs

Average Tenure

64.5yo

Average Age

Experienced Board: A4S's board of directors are considered experienced (8.9 years average tenure).

Ameriprise Financial Management

Management criteria checks 2/4

Key information

Recent management updates

Ameriprise Financial, Inc., Annual General Meeting, Apr 24, 2024

Chairman & CEO recently sold €5.7m worth of stock

Presiding Independent Director recently sold €1.4m worth of stock

Insider recently sold €1.0m worth of stock

Executive VP recently sold €2.0m worth of stock

Chairman & CEO recently sold €13m worth of stock

Recent updates

First quarter dividend of US$1.48 announced

Ameriprise Financial, Inc. Increases Regular Quarterly Dividend, Payable on May 17, 2024

First quarter 2024 earnings released: EPS: US$9.63 (vs US$3.87 in 1Q 2023)

Ameriprise Financial, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Ameriprise Financial, Inc., Annual General Meeting, Apr 24, 2024

Full year 2023 earnings released: EPS: US$24.18 (vs US$22.99 in FY 2022)

Chairman & CEO recently sold €5.7m worth of stock

Presiding Independent Director recently sold €1.4m worth of stock

Upcoming dividend of US$1.35 per share at 1.4% yield

Third quarter dividend of US$1.35 announced

Ameriprise Financial Declares Regular Quarterly Dividend, Payable on February 27, 2024

Ameriprise Financial, Inc. to Report Q4, 2023 Results on Jan 24, 2024

Insider recently sold €1.0m worth of stock

New minor risk - Profit margin trend

Ameriprise Financial, Inc. Declares Regular Quarterly Dividend, Payable on November 17, 2023

Third quarter 2023 earnings released: EPS: US$8.31 (vs US$4.96 in 3Q 2022)

Ameriprise Financial, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Executive VP recently sold €2.0m worth of stock

Ameriprise Financial, Inc. Declares Quarterly Cash Dividend, Payable on August 18, 2023

Second quarter 2023 earnings released: EPS: US$8.37 (vs US$6.73 in 2Q 2022)

Ameriprise Financial, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Ameriprise Financial, Inc. (NYSE:AMP) acquired Centennial Bank.

First quarter 2023 earnings released: EPS: US$3.87 (vs US$6.69 in 1Q 2022)

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: US$22.99 (vs US$23.53 in FY 2021)

Chairman & CEO recently sold €13m worth of stock

Upcoming dividend of US$1.25 per share at 1.4% yield

Now 20% undervalued

Ameriprise Financial, Inc. Declares Regular Quarterly Dividend, Payable on February 28, 2023

Ameriprise Financial, Inc. to Report Q4, 2022 Results on Jan 25, 2023

Insider recently sold €120k worth of stock

Insider recently sold €689k worth of stock

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$4.96 (vs US$8.86 in 3Q 2021)

Ameriprise Financial, Inc. Declares Regular Quarterly Dividend, Payable on November 18, 2022

Credit Suisse U.S. Asset Manager Reportedly Draws Interest from Janus, Blue Owl, Others

Ameriprise Financial, Inc. to Report Q3, 2022 Results on Oct 25, 2022

Ameriprise Financial, Inc. Announces Executive Changes

Ameriprise Financial Appoints Armando Pimentel, Jr. to Board of Directors

Presiding Independent Director recently sold €277k worth of stock

Ameriprise Financial, Inc. Declares Quarterly Cash Dividend for Common Share, Payable on August 19, 2022

Second quarter 2022 earnings released: EPS: US$6.73 (vs US$4.99 in 2Q 2021)

Ameriprise Financial, Inc. to Report Q2, 2022 Results on Jul 26, 2022

Ameriprise Financial, Inc. Announces Executive Appointments

Chevron Corporation (NYSE:CVX) completed the acquisition of Renewable Energy Group, Inc. (NasdaqGS:REGI) from State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP, Ameriprise Financial, Inc. (NYSE:AMP) and others.

Christine Gustafson and Her Team Join Ameriprise with More Than $450 Million in Client Assets

Insufficient new directors

Ameriprise Financial, Inc. Increases Regular Quarterly Dividend, Payable on May 20, 2022

Ameriprise Financial, Inc. to Report Q1, 2022 Results on Apr 25, 2022

Chairman & CEO recently sold €16m worth of stock

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

Executive VP recently sold €3.3m worth of stock

Upcoming dividend of US$1.13 per share

Ameriprise Financial, Inc. (NYSE:AMP) announces an Equity Buyback for $3,000 million worth of its shares.

Insufficient new directors

Executive VP & General Counsel recently sold €399k worth of stock

Third quarter 2021 earnings released: EPS US$8.86 (vs US$1.14 loss in 3Q 2020)

Insider recently sold €520k worth of stock

Second quarter 2021 earnings released: EPS US$4.99 (vs US$4.31 loss in 2Q 2020)

Insider recently sold €1.6m worth of stock

Senior VP of Corporate Finance, Controller & Principal Accounting Officer has left the company

Chief Executive Officer of EMEA Nicholas Ring has left the company

First quarter 2021 earnings released: EPS US$3.65 (vs US$16.11 in 1Q 2020)

Ameriprise Financial Announces Regular Quarterly Dividend, Payable on May 21, 2021

Ameriprise Financial, Inc., Annual General Meeting, Apr 28, 2021

Ameriprise Financial, Inc. (NYSE:AMP) acquired Tranquil Lakes Investment Advisors from Waddell & Reed Financial, Inc. (NYSE:WDR).

Full year 2020 earnings released: EPS US$12.39 (vs US$14.12 in FY 2019)

Revenue misses expectations

Executive VP & CFO recently sold €3.3m worth of stock