American Equity Investment Life Holding Company

NYSE:AEL.PRB Stock Report

Market Cap: US$4.5b

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 percentage2.1%
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.PRB'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.PRB's board of directors are considered experienced (8.2 years average tenure).