Reinsurance Group of America Management
Management criteria checks 3/4
Reinsurance Group of America's CEO is Tony Cheng, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is $6.51M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth €3.94M. The average tenure of the management team and the board of directors is 3.8 years and 3.3 years respectively.
Key information
Tony Cheng
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 11.5% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$749k | US$902m |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$778m |
| Mar 31 2023 | n/a | n/a | US$678m |
| Dec 31 2022 | US$3m | US$639k | US$517m |
| Sep 30 2022 | n/a | n/a | US$382m |
| Jun 30 2022 | n/a | n/a | US$436m |
| Mar 31 2022 | n/a | n/a | US$675m |
| Dec 31 2021 | US$2m | US$612k | US$1b |
| Sep 30 2021 | n/a | n/a | US$593m |
| Jun 30 2021 | n/a | n/a | US$828m |
| Mar 31 2021 | n/a | n/a | US$642m |
| Dec 31 2020 | US$2m | US$610k | US$415m |
| Sep 30 2020 | n/a | n/a | US$518m |
| Jun 30 2020 | n/a | n/a | US$568m |
| Mar 31 2020 | n/a | n/a | US$612m |
| Dec 31 2019 | US$3m | US$580k | US$870m |
Compensation vs Market: Tony's total compensation ($USD6.51M) is about average for companies of similar size in the German market ($USD5.58M).
Compensation vs Earnings: Tony's compensation has increased by more than 20% in the past year.
CEO
Tony Cheng (49 yo)
1.3yrs
Tenure
US$6,512,894
Compensation
Mr. Tony Cheng, FSA, FCIA, serves as Non-Executive Director of RGA Reinsurance Company of Australia Limited - New Zealand Branch since September 23, 2021. Mr. Cheng is President and Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$6.51m | 0.034% $ 3.9m | |
| Senior EVP & CFO | 7.9yrs | US$4.89m | 0.074% $ 8.5m | |
| Executive VP & Chief Investment Officer | 4.3yrs | US$4.24m | 0.0082% $ 952.0k | |
| Executive VP & Head of the Americas - RGA Reinsurance Company | 3.3yrs | US$3.10m | 0.0050% $ 586.3k | |
| Executive VP & Chief Information Officer | 1.3yrs | no data | no data | |
| Senior Vice President of Investor Relations | 10.3yrs | no data | no data | |
| Executive VP | 13.3yrs | no data | 0.019% $ 2.2m | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.3yrs | no data | 0.0039% $ 450.4k | |
| Executive VP & Global Chief Risk Officer | no data | no data | 0.011% $ 1.2m | |
| VP, Chief Underwriter - U.S. Mortality Markets | no data | no data | no data | |
| Chief Executive Officer - RGA Latin America | no data | no data | no data |
3.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: RGPB's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$6.51m | 0.034% $ 3.9m | |
| Independent Director | 1.8yrs | US$136.50k | 0.0016% $ 189.2k | |
| Independent Director | 7.5yrs | US$308.95k | 0.014% $ 1.6m | |
| Independent Director | 2.3yrs | US$279.95k | 0.0036% $ 415.6k | |
| Independent Director | 5.8yrs | US$303.95k | 0.013% $ 1.5m | |
| Independent Director | 5.2yrs | US$292.45k | 0.0015% $ 174.1k | |
| Independent Director | 3.2yrs | US$303.95k | 0.0053% $ 609.5k | |
| Independent Director | less than a year | US$67.50k | no data | |
| Independent Director | 4.5yrs | US$269.95k | 0.0016% $ 189.2k | |
| Independent Director | no data | no data | no data | |
| Independent Director | 5.8yrs | US$303.95k | 0.00080% $ 92.9k | |
| Independent Chairman | 3.5yrs | US$511.53k | no data |
3.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: RGPB's board of directors are considered experienced (3.3 years average tenure).