CNO Financial Group Management

Management criteria checks 3/4

CNO Financial Group's CEO is Gary Bhojwani, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is $9.79M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth €18.18M. The average tenure of the management team and the board of directors is 6.3 years and 4.5 years respectively.

Key information

Gary Bhojwani

Chief executive officer

US$9.8m

Total compensation

CEO salary percentage	10.8%
CEO tenure	6.3yrs
CEO ownership	0.7%
Management average tenure	6.3yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gary Bhojwani's remuneration changed compared to CNO Financial Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$390m
Dec 31 2023	US$10m	US$1m	US$277m
Sep 30 2023	n/a	n/a	US$44m
Jun 30 2023	n/a	n/a	US$53m
Mar 31 2023	n/a	n/a	US$213m
Dec 31 2022	US$9m	US$1m	US$631m
Sep 30 2022	n/a	n/a	US$708m
Jun 30 2022	n/a	n/a	US$632m
Mar 31 2022	n/a	n/a	US$477m
Dec 31 2021	US$9m	US$1m	US$570m
Sep 30 2021	n/a	n/a	US$437m
Jun 30 2021	n/a	n/a	US$466m
Mar 31 2021	n/a	n/a	US$470m
Dec 31 2020	US$8m	US$1m	US$302m
Sep 30 2020	n/a	n/a	US$468m
Jun 30 2020	n/a	n/a	US$381m
Mar 31 2020	n/a	n/a	US$336m
Dec 31 2019	US$7m	US$1m	US$409m
Sep 30 2019	n/a	n/a	US$160m
Jun 30 2019	n/a	n/a	-US$412m
Mar 31 2019	n/a	n/a	-US$347m
Dec 31 2018	US$8m	US$997k	-US$315m
Sep 30 2018	n/a	n/a	-US$414m
Jun 30 2018	n/a	n/a	US$216m
Mar 31 2018	n/a	n/a	US$198m
Dec 31 2017	US$4m	US$750k	US$176m

Compensation vs Market: Gary's total compensation ($USD9.79M) is above average for companies of similar size in the German market ($USD2.58M).

Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.

CEO

Gary Bhojwani (55 yo)

6.3yrs

Tenure

US$9,788,167

Compensation

Mr. Gary Chandru Bhojwani has been Chief Executive officer at CNO Financial Group since January 1, 2018. He was the President of CNO Financial Group, Inc. from April 18, 2016 to December 2017. Mr. Bhojwani...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gary Bhojwani	CEO & Director	6.3yrs	US$9.79m	0.66% $ 18.2m
Paul McDonough	CFO & Executive VP	5.2yrs	US$3.32m	0.10% $ 2.8m
Eric Johnson	Chief Investment Officer	20.7yrs	US$2.50m	0.53% $ 14.6m
Matthew Zimpfer	Executive VP & General Counsel	15.9yrs	US$2.43m	0.21% $ 5.7m
Scott Goldberg	President of Consumer Division	10.7yrs	US$2.53m	0.096% $ 2.6m
Jeanne Linnenbringer	Chief Operations Officer	1.3yrs	no data	0.046% $ 1.3m
Michellen Wildin	Senior VP & Chief Accounting Officer	less than a year	no data	0.0018% $ 48.0k
Michael Mead	Chief Information Officer	5.5yrs	no data	0.045% $ 1.2m
Doug Williams	Vice President of Finance & Administration	7.3yrs	no data	no data
Nancy Sweet	Chief Compliance Officer and Vice President	10yrs	no data	no data
Carrie Jost	Vice President of Communications	6.3yrs	no data	no data
Rocco Tarasi	Chief Marketing Officer	5.2yrs	no data	0.063% $ 1.7m

6.3yrs

Average Tenure

56yo

Average Age

Experienced Management: COS's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Bhojwani	CEO & Director	7yrs	US$9.79m	0.66% $ 18.2m
Stephen David	Independent Director	7yrs	US$270.02k	0.012% $ 328.0k
Mary Henderson	Independent Director	11.8yrs	US$295.02k	0.018% $ 489.4k
Archie Brown	Independent Director	less than a year	US$252.70k	0.0065% $ 178.4k
Daniel Maurer	Independent Chairman of the Board	9yrs	US$440.01k	0.023% $ 621.4k
Steven Shebik	Independent Director	3.5yrs	US$285.02k	0.040% $ 1.1m
David Foss	Independent Director	4.5yrs	US$278.41k	0.036% $ 995.7k
Chetlur Ragavan	Independent Director	3yrs	US$300.02k	0.018% $ 506.1k
Adrianne Lee	Independent Director	less than a year	US$257.16k	0.0065% $ 178.4k

4.5yrs

Average Tenure

66yo

Average Age

Experienced Board: COS's board of directors are considered experienced (4.5 years average tenure).

CNO Financial Group Management

Management criteria checks 3/4

Key information

Recent management updates

CNO Financial Group, Inc. Announces Retirement of Stephen David from Board of Directors

CNO Financial Group, Inc. Announces Executive Changes

CNO Financial Group, Inc. Announces Retirement of John R. Kline, Chief Accounting Officer

Independent Director recently bought €254k worth of stock

CNO Financial Group, Inc. Appoints New Directors

CNO Financial Group, Inc. Announces Board Retirements

Recent updates

First quarter 2024 earnings released: EPS: US$1.03 (vs US$0.007 loss in 1Q 2023)

CNO Financial Group, Inc. to Report Q1, 2024 Results on Apr 29, 2024

Upcoming dividend of US$0.15 per share

Full year 2023 earnings released: EPS: US$2.44 (vs US$5.45 in FY 2022)

Fourth quarter dividend of US$0.15 announced

CNO Financial Group, Inc. Announces Retirement of Stephen David from Board of Directors

Full year 2023 earnings released: EPS: US$2.44 (vs US$3.43 in FY 2022)

CNO Financial Group, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Upcoming dividend of US$0.15 per share at 2.3% yield

CNO Financial Group Declares Quarterly Dividend, Payable on December 22, 2023

Third quarter 2023 earnings released: EPS: US$1.49 (vs US$0.92 in 3Q 2022)

CNO Financial Group, Inc. to Report Q3, 2023 Results on Nov 06, 2023

CNO Financial Group, Inc. Announces Executive Changes

Upcoming dividend of US$0.15 per share at 2.6% yield

CNO Financial Group, Inc. Declares Quarterly Dividend, Payable on September 22, 2023

New minor risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$0.65 (vs US$1.18 in 2Q 2022)

CNO Financial Group, Inc. to Report Q2, 2023 Results on Jul 31, 2023

CNO Financial Group, Inc. Announces Retirement of John R. Kline, Chief Accounting Officer

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.15 per share at 2.8% yield

Independent Director recently bought €254k worth of stock

CNO Financial Group, Inc. Appoints New Directors

CNO Financial Group, Inc. Increases Quarterly Cash Dividend, Payable on June 23, 2023

First quarter 2023 earnings released: US$0.007 loss per share (vs US$0.95 profit in 1Q 2022)

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Now 20% undervalued

Upcoming dividend of US$0.14 per share at 2.2% yield

CNO Financial Group, Inc. Announces Board Retirements

CNO Financial Group, Inc., Annual General Meeting, May 10, 2023

Full year 2022 earnings released: EPS: US$3.43 (vs US$3.44 in FY 2021)

CNO Financial Group, Inc. to Report Q4, 2022 Results on Feb 07, 2023

CNO Financial Group, Inc. Announces Management Changes

Upcoming dividend of US$0.14 per share

CNO Financial Group, Inc. Declares Quarterly Dividend, Payable on December 23, 2022

Third quarter 2022 earnings released: EPS: US$0.92 (vs US$0.79 in 3Q 2021)

CNO Financial Group, Inc. to Report Q3, 2022 Results on Oct 31, 2022

Upcoming dividend of US$0.14 per share

CNO Financial Group Declares Quarterly Dividend, Payable on September 23, 2022

Second quarter 2022 earnings released: EPS: US$1.18 (vs US$0.59 in 2Q 2021)

CNO Financial Group, Inc. to Report Q2, 2022 Results on Aug 01, 2022

CNO Financial Group, Inc. Appoints Brian Schneider as Chief Risk Officer

Upcoming dividend of US$0.14 per share

Independent Director recently bought €55k worth of stock

CNO Financial Group, Inc. Declares Quarterly Cash Dividend on the Company's Common Shares, Payable June 24, 2022

First quarter 2022 earnings released: EPS: US$0.95 (vs US$1.10 in 1Q 2021)

CNO Financial Group, Inc. to Report Q1, 2022 Results on May 02, 2022

Robert Carl Greving Will Retire from the Board of CNO Financial Group, Inc

Independent Director recently sold €276k worth of stock

Upcoming dividend of US$0.13 per share

CNO Financial Group, Inc., Annual General Meeting, May 19, 2022

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

Upcoming dividend of US$0.13 per share

Third quarter 2021 earnings released: EPS US$0.79 (vs US$0.92 in 3Q 2020)

Co-President of Worksite Division Michael Heard has left the company

Upcoming dividend of US$0.13 per share

Independent Director recently bought €70k worth of stock

Second quarter 2021 earnings released: EPS US$0.59 (vs US$0.57 in 2Q 2020)

Upcoming dividend of US$0.13 per share

Independent Director recently sold €472k worth of stock

Independent Director has left the company

CNO Financial Group, Inc. Announces Quarterly Dividend, Payable on June 24, 2021

First quarter 2021 earnings released: EPS US$1.10 (vs US$0.14 loss in 1Q 2020)

Independent Director recently sold €221k worth of stock

Key Executive recently sold €229k worth of stock

New 90-day high: €20.97

CNO Financial Group, Inc., Annual General Meeting, May 07, 2021