American Financial Group Management

Management criteria checks 3/4

American Financial Group's CEO is Stephen Lindner, appointed in Jan 2005, has a tenure of 19.33 years. total yearly compensation is $9.91M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 5.67% of the company’s shares, worth €563.67M. The average tenure of the management team and the board of directors is 10.3 years and 15.9 years respectively.

Key information

Stephen Lindner

Chief executive officer

US$9.9m

Total compensation

CEO salary percentage	12.6%
CEO tenure	19.3yrs
CEO ownership	5.7%
Management average tenure	10.3yrs
Board average tenure	15.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Stephen Lindner's remuneration changed compared to American Financial Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$882m
Dec 31 2023	US$10m	US$1m	US$852m
Sep 30 2023	n/a	n/a	US$865m
Jun 30 2023	n/a	n/a	US$853m
Mar 31 2023	n/a	n/a	US$820m
Dec 31 2022	US$13m	US$1m	US$898m
Sep 30 2022	n/a	n/a	US$977m
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$12m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$991m
Jun 30 2021	n/a	n/a	US$860m
Mar 31 2021	n/a	n/a	US$733m
Dec 31 2020	US$10m	US$1m	US$325m
Sep 30 2020	n/a	n/a	US$271m
Jun 30 2020	n/a	n/a	US$330m
Mar 31 2020	n/a	n/a	US$427m
Dec 31 2019	US$10m	US$1m	US$519m
Sep 30 2019	n/a	n/a	US$657m
Jun 30 2019	n/a	n/a	US$714m
Mar 31 2019	n/a	n/a	US$714m
Dec 31 2018	US$10m	US$1m	US$530m
Sep 30 2018	n/a	n/a	US$725m
Jun 30 2018	n/a	n/a	US$532m
Mar 31 2018	n/a	n/a	US$467m
Dec 31 2017	US$10m	US$1m	US$475m

Compensation vs Market: Stephen's total compensation ($USD9.91M) is above average for companies of similar size in the German market ($USD5.58M).

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

CEO

Stephen Lindner (68 yo)

19.3yrs

Tenure

US$9,914,566

Compensation

Mr. Stephen Craig Lindner has been Co-Chief Executive Officer and Director of American Financial Group, Inc. since January 2005 and 1985 respectively. He was Co-President of American Financial Group, Inc....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stephen Lindner	Co-CEO & Director	19.3yrs	US$9.91m	5.67% $ 563.7m
Carl Lindner	Co-CEO & Director	19.3yrs	US$9.84m	13.47% $ 1.3b
John Berding	President & Director	less than a year	US$7.31m	0.14% $ 13.8m
Brian Hertzman	Senior VP & CFO	3.9yrs	US$1.19m	0.019% $ 1.9m
Mark Weiss	Senior VP	4.3yrs	US$1.17m	0.020% $ 2.0m
James Evans	Executive Consultant & Director	10.3yrs	US$444.18k	0.13% $ 13.3m
David Thompson	President & COO of Property and Casualty Insurance Group	no data	US$2.01m	2% $ 199.3m
John Rogers	Chief Information Security Officer & Divisional VP	8.4yrs	no data	no data
Michelle Gillis	Senior VP	12.2yrs	US$1.19m	0.062% $ 6.1m
Diane Weidner	Vice President of Investor & Media Relations	14.8yrs	no data	no data
Christopher Miliano	Executive VP & CFO of Annuity Operations	no data	no data	no data
Michael Prager	Executive VP & Chief Actuary of Annuity Operations	no data	no data	no data

10.3yrs

Average Tenure

62yo

Average Age

Experienced Management: QFI's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Lindner	Co-CEO & Director	39.3yrs	US$9.91m	5.67% $ 563.7m
Carl Lindner	Co-CEO & Director	33.3yrs	US$9.84m	13.47% $ 1.3b
John Berding	President & Director	12yrs	US$7.31m	0.14% $ 13.8m
James Evans	Executive Consultant & Director	39.3yrs	US$444.18k	0.13% $ 13.3m
John Von Lehman	Independent Director	15.8yrs	US$305.00k	0.015% $ 1.5m
Terry Jacobs	Independent Director	20.9yrs	US$314.25k	0.0089% $ 889.1k
William Verity	Independent Director	22.3yrs	US$308.50k	0.012% $ 1.2m
Gregory Joseph	Lead Independent Director	16yrs	US$340.50k	0.25% $ 25.2m
Roger Newport	Independent Director	less than a year	no data	0.0012% $ 118.4k
Mary Martin	Independent Director	5.3yrs	US$309.25k	0.0090% $ 893.1k
Evans Nwankwo	Independent Director	3.4yrs	US$298.00k	0.0044% $ 436.6k
Amy Murray	Independent Director	2.5yrs	US$305.50k	0.0011% $ 107.4k

15.9yrs

Average Tenure

64yo

Average Age

Experienced Board: QFI's board of directors are seasoned and experienced ( 15.9 years average tenure).

American Financial Group Management

Management criteria checks 3/4

Key information

Recent management updates

American Financial Group, Inc., Annual General Meeting, May 23, 2024

American Financial Group, Inc. Announces Executive Promotions

American Financial Group, Inc. Announces Changes to Its Board of Directors

Insufficient new directors

Vito C. Peraino Retires as Senior Vice President and Executive Counsel of American Financial Group, Inc

American Financial Group, Inc. Announces Appointment of John B. Berding as President

Recent updates

First quarter 2024 earnings released: EPS: US$2.89 (vs US$2.49 in 1Q 2023)

American Financial Group, Inc. to Report Q1, 2024 Results on May 01, 2024

American Financial Group, Inc., Annual General Meeting, May 23, 2024

Dividend of US$0.71 announced

American Financial Group, Inc. Declares Quarterly Dividend, Payable on April 25, 2024

American Financial Group, Inc. Announces Executive Promotions

American Financial Group, Inc. Announces Changes to Its Board of Directors

Full year 2023 earnings released: EPS: US$10.06 (vs US$10.55 in FY 2022)

Dividend of US$2.50 announced

Full year 2023 earnings released: EPS: US$10.05 (vs US$10.55 in FY 2022)

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

American Financial Group, Inc. Declares Quarterly Dividend, Payable on January 25, 2024

Insufficient new directors

American Financial Group, Inc. Declares Special Dividend, Payable on November 22, 2023

Third quarter 2023 earnings released: EPS: US$2.09 (vs US$1.94 in 3Q 2022)

American Financial Group, Inc. Declares Special Dividend, Payable on October 25, 2023

American Financial Group, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Vito C. Peraino Retires as Senior Vice President and Executive Counsel of American Financial Group, Inc

American Financial Group, Inc. Declares Quarterly Dividend, Payable on October 25, 2023

American Financial Group, Inc. Increases Annual Common Stock Dividend

Second quarter 2023 earnings released: EPS: US$2.35 (vs US$1.96 in 2Q 2022)

American Financial Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

American Financial Group, Inc. (NYSE:AFG) completed the acquisition of Crop Risk Services, Inc. from American International Group, Inc. (NYSE:AIG).

American Financial Group, Inc. Announces Appointment of John B. Berding as President

American Financial Group, Inc. (NYSE:AFG) entered into a definitive agreement to acquire Crop Risk Services, Inc. from American International Group, Inc. (NYSE:AIG) for $240 million.

First quarter 2023 earnings released: EPS: US$2.48 (vs US$3.41 in 1Q 2022)

Upcoming dividend of US$0.63 per share at 2.1% yield

Senior VP & CFO recently sold €138k worth of stock

Upcoming dividend of US$4.00 per share at 1.8% yield

Full year 2022 earnings released: EPS: US$10.53 (vs US$12.70 in FY 2021)

American Financial Group, Inc. Declares Special Dividend, Payable on February 28, 2023

American Financial Group, Inc. to Report Q4, 2022 Results on Feb 01, 2023

American Financial Group, Inc. Declares Quarterly Dividend, Payable on January 25, 2023

American Financial Group, Inc. Announces Executive Changes

Senior VP recently sold €385k worth of stock

Upcoming dividend of US$2.00 per share

Third quarter 2022 earnings released: EPS: US$1.93 (vs US$2.58 in 3Q 2021)

American Financial Group, Inc. Declares Special Dividend, Payable on November 22, 2022

American Financial Group, Inc. to Report Q3, 2022 Results on Nov 02, 2022

American Financial Group, Inc. Declares Quarterly Dividend, Payable on October 25, 2022

American Financial Group, Inc. Approves an Increase in the Company’s Regular Annual Dividend on Common Stock

Second quarter 2022 earnings released: EPS: US$1.96 (vs US$2.82 in 2Q 2021)

American Financial Group, Inc. Revises Earnings Guidance for the Year 2022

American Financial Group, Inc. to Report Q2, 2022 Results on Aug 03, 2022

American Financial Group, Inc. Declares Regular Dividend, Payable on July 25, 2022

American Financial Group, Inc.(NYSE:AFG) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$8.00 per share

First quarter 2022 earnings released: EPS: US$3.40 (vs US$3.11 in 1Q 2021)

American Financial Group, Inc. Declares Special Dividend, Payable on May 27, 2022

American Financial Group, Inc. to Report Q1, 2022 Results on May 04, 2022

Upcoming dividend of US$0.56 per share

American Financial Group, Inc., Annual General Meeting, May 18, 2022

American Financial Group, Inc. Declares Quarterly Dividend, Payable on April 25, 2022

Now 21% undervalued

Upcoming dividend of US$4.00 per share

American Financial Group, Inc. Declares Special Dividend on Common Stock, Payable on March 22, 2022

Senior VP & CFO recently sold €107k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

American Financial Group, Inc. Provides Earnings Guidance for the Year 2022

American Financial Group, Inc. (NYSE:AFG) acquired Verikai Inc. for $120 million.

American Financial Group, Inc. Declares Special Dividend. Payable on December 30, 2021

Third quarter 2021 earnings released: EPS US$2.57 (vs US$1.86 in 3Q 2020)

Executive Consultant & Director recently sold €411k worth of stock

Upcoming dividend of US$4.00 per share

American Financial Group, Inc. Declares Special Dividend, Payable on October 5, 2021

Director recently sold €584k worth of stock

Director recently sold €830k worth of stock

Second quarter 2021 earnings released: EPS US$2.80 (vs US$1.97 in 2Q 2020)

American Financial Group, Inc. Declares Special Dividend, Payable on August 2, 2021