American Equity Investment Life Holding Company

NYSE:AEL.PRA Stock Report

Market Cap: US$4.5b

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American Equity Investment Life Holding Management

Management criteria checks 2/4

American Equity Investment Life Holding's CEO is Anant Bhalla, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $46.60M, comprised of 2.1% salary and 97.9% bonuses, including company stock and options. directly owns 1.11% of the company’s shares, worth $49.57M. The average tenure of the management team and the board of directors is 2.3 years and 8.2 years respectively.

Key information

Anant Bhalla

Chief executive officer

US$46.6m

Total compensation

CEO salary percentage2.15%
CEO tenure4.3yrs
CEO ownership1.1%
Management average tenure2.3yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Anant Bhalla's remuneration changed compared to American Equity Investment Life Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$167m

Sep 30 2023n/an/a

-US$35m

Jun 30 2023n/an/a

-US$66m

Mar 31 2023n/an/a

US$342m

Dec 31 2022US$47mUS$1m

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$827m

Dec 31 2021US$8mUS$1m

US$509m

Sep 30 2021n/an/a

US$342m

Jun 30 2021n/an/a

US$861m

Mar 31 2021n/an/a

US$673m

Dec 31 2020US$9mUS$796k

US$638m

Compensation vs Market: Anant's total compensation ($USD46.60M) is above average for companies of similar size in the US market ($USD6.66M).

Compensation vs Earnings: Anant's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Anant Bhalla (45 yo)

4.3yrs

Tenure

US$46,595,558

Compensation

Mr. Anant Bhalla serves as President of the American Equity Investment Life Holding Company since January 27, 2020, its Chief Executive Officer since March 1, 2020 and Director since January 27, 2020 and s...


Leadership Team

NamePositionTenureCompensationOwnership
Anant Bhalla
President4.3yrsUS$46.60m1.11%
$ 49.6m
Axel Philippe Andre
Executive VP & CFO2.7yrsUS$3.20m0.0010%
$ 45.5k
James Hamalainen
Executive VP & Chief Investment Officer1.8yrsUS$2.63m0.010%
$ 457.1k
Jeffrey Lorenzen
Executive VP & Chief Risk Officer15.3yrsUS$1.58m0.045%
$ 2.0m
Nicholas Volpe
Executive VP & CTO1.8yrsno data0.0038%
$ 170.8k
Steven Schwartz
Head of Investor Relations8.3yrsno datano data
Erik Askelsen
Executive VP & General Counselless than a yearno datano data
Katherine Etinger
Executive VP & Chief People Officer1.8yrsno data0.0025%
$ 111.5k
Aaron Boushek
Controllerno datano data0.011%
$ 483.8k

2.3yrs

Average Tenure

47yo

Average Age

Experienced Management: AEL.PRA's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anant Bhalla
President4.3yrsUS$46.60m1.11%
$ 49.6m
William Kunkel
Independent Director7.9yrsUS$230.01k0.061%
$ 2.7m
Joyce Chapman
Independent Director15.8yrsUS$247.51k0.064%
$ 2.9m
Brenda Cushing
Independent Director7.2yrsUS$280.01k0.029%
$ 1.3m
David Mulcahy
Independent Chairman of the Board & Lead Independent Director13.3yrsUS$363.51k0.15%
$ 6.7m
Robert Howe
Independent Director18.9yrsUS$249.51k0.099%
$ 4.4m
Douglas Healy
Independent Director3.7yrsUS$255.01k0.016%
$ 734.4k
Alan Matula
Independent Director8.4yrsUS$250.51k0.054%
$ 2.4m
Gerard Neugent
Independent Director13.8yrsUS$249.01k0.067%
$ 3.0m
Michael Hayes
Independent Director1.1yrsno data0.0050%
$ 224.3k

8.2yrs

Average Tenure

64.5yo

Average Age

Experienced Board: AEL.PRA's board of directors are considered experienced (8.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/02 14:24
End of Day Share Price 2024/05/02 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

American Equity Investment Life Holding Company is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel BergmanCitigroup Inc
Andrew KligermanCredit Suisse
Thomas GallagherEvercore ISI