Globe Life Management
Management criteria checks 3/4
Globe Life's CEO is Frank Svoboda, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $7.21M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $17.05M. The average tenure of the management team and the board of directors is 3 years and 3.1 years respectively.
Key information
Frank Svoboda
Chief executive officer
US$7.2m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Market Cool On Globe Life Inc.'s (NYSE:GL) Earnings
Dec 01
Globe Life: Boring, Which Is Good As A Policyholder-But Not As An Investor
Sep 13Market Cool On Globe Life Inc.'s (NYSE:GL) Earnings
Aug 16Globe Life: A Small Bet That The Recent Controversy Will Blow Over
Jun 24Globe Life Inc. (NYSE:GL) Might Not Be As Mispriced As It Looks After Plunging 33%
Apr 30Globe Life: Betting On A Bounce To $80
Apr 15Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24
Mar 22Here's Why We Think Globe Life (NYSE:GL) Is Well Worth Watching
Feb 09It's A Story Of Risk Vs Reward With Globe Life Inc. (NYSE:GL)
Dec 25Do Not Take Your Profits On Globe Life, Even At Its All-Time Highs
Nov 23Globe Life: Lacking An Appealing Entry Price
Sep 12Globe Life Has Become Undervalued Again
Jun 15Globe Life raises dividend by ~8% to $0.225/share
Feb 23Globe Life Q4 2022 Earnings Preview
Jan 31Globe Life: High Excess Claims Lie Ahead
Jan 25Globe Life Remains Reasonably Valued, Even At Its All-Time High
Jan 05Globe Life declares $0.2075 dividend
Dec 13Globe Life co-CEOs Coleman, Hutchison to step down
Oct 26Globe Life Has Reached My Target Price But Remains Reasonably Valued
Oct 20Globe Life: A Stock To Hold For The Rest Of Your Life
Aug 10Globe Life Q2 2022 Earnings Preview
Jul 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| 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$938m |
| Jun 30 2023 | n/a | n/a | US$872m |
| 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 about average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
CEO
Frank Svoboda (62 yo)
1.9yrs
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 | 1.9yrs | US$7.21m | 0.19% $ 17.0m | |
| Co-Chairman & Co-CEO | 1.7yrs | US$6.86m | 0.051% $ 4.5m | |
| Executive VP & CFO | 1.9yrs | US$2.82m | 0.023% $ 2.0m | |
| Executive VP & Chief Investment Officer | 3.4yrs | US$2.45m | 0.0028% $ 245.5k | |
| Executive VP | 12.5yrs | US$2.96m | 0.068% $ 6.0m | |
| Executive VP of Policy Acquisition & Chief Strategy Officer | 1.9yrs | US$3.21m | 0.049% $ 4.3m | |
| Corporate Senior VP & Chief Accounting Officer | 5.8yrs | no data | no data | |
| Executive VP & Chief Information Officer | 2.5yrs | no data | no data | |
| Executive VP & Chief Administrative Officer | 1.9yrs | no data | 0.011% $ 974.8k | |
| Corporate Senior VP | 3.9yrs | no data | no data | |
| Executive VP & Chief Marketing Officer | 6.9yrs | no data | 0.018% $ 1.6m | |
| President of United American Insurance Company | 6.9yrs | no data | no data |
3.0yrs
Average Tenure
56.5yo
Average Age
Experienced Management: GL's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & Co-CEO | 1.7yrs | US$7.21m | 0.19% $ 17.0m | |
| Co-Chairman & Co-CEO | 1.7yrs | US$6.86m | 0.051% $ 4.5m | |
| Independent Director | 3.1yrs | US$283.39k | 0.0084% $ 733.7k | |
| Independent Director | 11.8yrs | US$276.72k | 0.024% $ 2.1m | |
| Independent Director | 1.8yrs | US$231.04k | 0.0050% $ 437.4k | |
| Independent Director | 3.1yrs | US$274.22k | 0.0078% $ 680.3k | |
| Independent Director | 6.8yrs | US$297.56k | 0.019% $ 1.6m | |
| Lead Independent Director | 6.8yrs | US$315.03k | 0.021% $ 1.8m | |
| Independent Director | 6.8yrs | US$270.06k | 0.0092% $ 808.3k | |
| Independent Director | 1.8yrs | US$241.75k | 0.0034% $ 296.3k | |
| Independent Director | 8.1yrs | US$290.06k | 0.020% $ 1.7m |
3.1yrs
Average Tenure
62yo
Average Age
Experienced Board: GL's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:05 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Globe Life Inc. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Gelb | Barclays |
| Ian Ryave | BofA Global Research |
| Catherine Seifert | CFRA Equity Research |