Globe Life Management
Management criteria checks 1/4
Globe Life's CEO is Frank Svoboda, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is $7.21M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth €12.30M. The average tenure of the management team and the board of directors is 2.4 years and 2.5 years respectively.
Key information
Frank Svoboda
Chief executive officer
US$7.2m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.4yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$7m | US$850k | US$971m |
| Sep 30 2023 | n/a | n/a | US$784m |
| Jun 30 2023 | n/a | n/a | US$717m |
| Mar 31 2023 | n/a | n/a | US$881m |
| Dec 31 2022 | US$4m | US$650k | US$894m |
| Sep 30 2022 | n/a | n/a | US$830m |
| Jun 30 2022 | n/a | n/a | US$828m |
| Mar 31 2022 | n/a | n/a | US$804m |
| Dec 31 2021 | US$4m | US$590k | US$1b |
| Sep 30 2021 | n/a | n/a | US$771m |
| Jun 30 2021 | n/a | n/a | US$771m |
| Mar 31 2021 | n/a | n/a | US$745m |
| Dec 31 2020 | US$4m | US$597k | US$732m |
| Sep 30 2020 | n/a | n/a | US$715m |
| Jun 30 2020 | n/a | n/a | US$727m |
| Mar 31 2020 | n/a | n/a | US$741m |
| Dec 31 2019 | US$4m | US$560k | US$761m |
| Sep 30 2019 | n/a | n/a | US$739m |
| Jun 30 2019 | n/a | n/a | US$715m |
| Mar 31 2019 | n/a | n/a | US$713m |
| Dec 31 2018 | US$3m | US$540k | US$702m |
| 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$1b |
| Dec 31 2017 | US$3m | US$520k | US$1b |
Compensation vs Market: Frank's total compensation ($USD7.21M) is above average for companies of similar size in the German market ($USD3.01M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
CEO
Frank Svoboda (61 yo)
1.3yrs
Tenure
US$7,206,071
Compensation
Mr. Frank Martin Svoboda served as Senior Executive Vice President & Chief Financial Officer of Globe Life Inc. since April 2022 until January 01, 2023 and serves as its Co-Chief Executive Officer since Ja...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & Co-CEO | 1.3yrs | US$7.21m | 0.17% $ 12.3m | |
| Co-Chairman & Co-CEO | 1.1yrs | US$6.86m | 0.041% $ 2.9m | |
| Executive VP & CFO | 1.3yrs | US$2.82m | 0.020% $ 1.5m | |
| Executive VP & Chief Investment Officer | 2.8yrs | US$2.45m | 0.0026% $ 185.1k | |
| Executive VP | 11.9yrs | US$2.96m | 0.062% $ 4.5m | |
| Executive VP of Policy Acquisition & Chief Strategy Officer | 1.3yrs | US$3.21m | 0.045% $ 3.2m | |
| Corporate Senior VP & Chief Accounting Officer | 5.3yrs | no data | no data | |
| Executive VP & Chief Information Officer | 1.9yrs | no data | no data | |
| Executive VP & Chief Administrative Officer | 1.3yrs | no data | 0.010% $ 733.9k | |
| Corporate Senior VP | 3.3yrs | no data | no data | |
| Executive VP & Chief Marketing Officer | 6.3yrs | no data | 0.017% $ 1.2m | |
| President of United American Insurance Company | 6.3yrs | no data | 0.014% $ 992.4k |
2.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: TMJ's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & Co-CEO | 1.1yrs | US$7.21m | 0.17% $ 12.3m | |
| Co-Chairman & Co-CEO | 1.1yrs | US$6.86m | 0.041% $ 2.9m | |
| Independent Director | 2.5yrs | US$283.39k | 0.0076% $ 553.2k | |
| Independent Director | 11.3yrs | US$276.72k | 0.022% $ 1.6m | |
| Independent Director | 1.3yrs | US$231.04k | 0.0045% $ 329.6k | |
| Independent Director | 2.5yrs | US$274.22k | 0.0071% $ 512.5k | |
| Independent Director | 6.3yrs | US$297.56k | 0.014% $ 986.6k | |
| Lead Independent Director | 6.3yrs | US$315.03k | 0.019% $ 1.4m | |
| Independent Director | 6.3yrs | US$270.06k | 0.0084% $ 609.1k | |
| Independent Director | 1.3yrs | US$241.75k | 0.0031% $ 222.9k | |
| Independent Director | 7.5yrs | US$290.06k | 0.018% $ 1.3m |
2.5yrs
Average Tenure
61yo
Average Age
Experienced Board: TMJ's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.