CNO Financial Group Management
Management criteria checks 3/4
CNO Financial Group's CEO is Gary Bhojwani, appointed in Jan 2018, has a tenure of 6.25 years. total yearly compensation is $9.79M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $18.44M. The average tenure of the management team and the board of directors is 6.2 years and 4.4 years respectively.
Key information
Gary Bhojwani
Chief executive officer
US$9.8m
Total compensation
| CEO salary percentage | 10.8% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 6.2yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Subdued Growth No Barrier To CNO Financial Group, Inc.'s (NYSE:CNO) Price
Jan 08
CNO Financial Group: Lackluster Growth Could Cause A Stagnating Dividend
Sep 29CNO Financial Group (NYSE:CNO) Will Pay A Dividend Of $0.15
Aug 28CNO Financial Group's (NYSE:CNO) Dividend Will Be $0.15
Aug 13CNO-A Is Deeply Undervalued To The OTC Debt Of CNO Financial Group
Jun 14CNO Financial Group's (NYSE:CNO) Shareholders Will Receive A Bigger Dividend Than Last Year
May 25CNO Financial Group (NYSE:CNO) Has Announced That It Will Be Increasing Its Dividend To $0.15
May 11CNO Financial declares $0.14 dividend
Feb 15CNO Financial Group promotes Jean Linnenbringer to COO
Dec 09Do CNO Financial Group's (NYSE:CNO) Earnings Warrant Your Attention?
Nov 23CNO Financial GAAP EPS of $0.91, revenue of $905.3M
Oct 31CNO Financial declares $0.14 dividend
Aug 10CNO Financial GAAP EPS of $1.16 beats by $0.71, revenue of $855M misses by $50.9M
Aug 01CNO Financial Group's (NYSE:CNO) Dividend Will Be Increased To US$0.14
Jun 09CNO Financial Group (NYSE:CNO) Will Pay A Larger Dividend Than Last Year At US$0.14
May 26CNO Financial Group's (NYSE:CNO) Dividend Will Be Increased To US$0.14
May 12Do CNO Financial Group's (NYSE:CNO) Earnings Warrant Your Attention?
Feb 16Here's Why I Think CNO Financial Group (NYSE:CNO) Might Deserve Your Attention Today
Aug 04CNO Financial boosts stock buyback program by $500M
May 07Shareholders May Be More Conservative With CNO Financial Group, Inc.'s (NYSE:CNO) CEO Compensation For Now
May 01Does CNO Financial Group, Inc. (NYSE:CNO) Have A Place In Your Dividend Portfolio?
Apr 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$10m | US$1m | US$277m |
| Sep 30 2023 | n/a | n/a | US$44m |
| Jun 30 2023 | n/a | n/a | US$53m |
| Mar 31 2023 | n/a | n/a | US$213m |
| Dec 31 2022 | US$9m | US$1m | US$631m |
| Sep 30 2022 | n/a | n/a | US$708m |
| Jun 30 2022 | n/a | n/a | US$632m |
| Mar 31 2022 | n/a | n/a | US$477m |
| Dec 31 2021 | US$9m | US$1m | US$570m |
| Sep 30 2021 | n/a | n/a | US$437m |
| Jun 30 2021 | n/a | n/a | US$466m |
| Mar 31 2021 | n/a | n/a | US$470m |
| Dec 31 2020 | US$8m | US$1m | US$302m |
| Sep 30 2020 | n/a | n/a | US$468m |
| Jun 30 2020 | n/a | n/a | US$381m |
| Mar 31 2020 | n/a | n/a | US$336m |
| Dec 31 2019 | US$7m | US$1m | US$409m |
| Sep 30 2019 | n/a | n/a | US$160m |
| Jun 30 2019 | n/a | n/a | -US$412m |
| Mar 31 2019 | n/a | n/a | -US$347m |
| Dec 31 2018 | US$8m | US$997k | -US$315m |
| Sep 30 2018 | n/a | n/a | -US$414m |
| Jun 30 2018 | n/a | n/a | US$216m |
| Mar 31 2018 | n/a | n/a | US$198m |
| Dec 31 2017 | US$4m | US$750k | US$176m |
Compensation vs Market: Gary's total compensation ($USD9.79M) is above average for companies of similar size in the US market ($USD6.64M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Bhojwani (55 yo)
6.3yrs
Tenure
US$9,788,167
Compensation
Mr. Gary Chandru Bhojwani has been Chief Executive officer at CNO Financial Group since January 1, 2018. He was the President of CNO Financial Group, Inc. from April 18, 2016 to December 2017. Mr. Bhojwani...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.3yrs | US$9.79m | 0.66% $ 18.4m | |
| CFO & Executive VP | 5.1yrs | US$3.32m | 0.10% $ 2.8m | |
| Chief Investment Officer | 20.6yrs | US$2.50m | 0.53% $ 14.8m | |
| Executive VP & General Counsel | 15.8yrs | US$2.43m | 0.21% $ 5.8m | |
| President of Consumer Division | 10.6yrs | US$2.53m | 0.096% $ 2.7m | |
| Chief Operations Officer | 1.3yrs | no data | 0.046% $ 1.3m | |
| Senior VP & Chief Accounting Officer | less than a year | no data | 0.0018% $ 48.7k | |
| Chief Information Officer | 5.4yrs | no data | 0.045% $ 1.3m | |
| Vice President of Finance & Administration | 7.3yrs | no data | no data | |
| Chief Compliance Officer and Vice President | 9.9yrs | no data | no data | |
| Vice President of Communications | 6.2yrs | no data | no data | |
| Chief Marketing Officer | 5.1yrs | no data | 0.062% $ 1.7m |
6.2yrs
Average Tenure
56yo
Average Age
Experienced Management: CNO's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.9yrs | US$9.79m | 0.66% $ 18.4m | |
| Independent Director | 6.9yrs | US$270.02k | 0.012% $ 333.1k | |
| Independent Director | 11.7yrs | US$295.02k | 0.018% $ 496.7k | |
| Independent Director | less than a year | US$252.70k | 0.0065% $ 180.9k | |
| Independent Chairman of the Board | 8.9yrs | US$440.01k | 0.023% $ 630.5k | |
| Independent Director | 3.4yrs | US$285.02k | 0.040% $ 1.1m | |
| Independent Director | 4.4yrs | US$278.41k | 0.036% $ 1.0m | |
| Independent Director | 2.9yrs | US$300.02k | 0.018% $ 513.6k | |
| Independent Director | less than a year | US$257.16k | 0.0065% $ 180.9k |
4.4yrs
Average Tenure
66yo
Average Age
Experienced Board: CNO's board of directors are considered experienced (4.4 years average tenure).