Reinsurance Group of America Management
Management criteria checks 3/4
Reinsurance Group of America's CEO is Tony Cheng, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is $6.51M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $4.22M. The average tenure of the management team and the board of directors is 3.8 years and 3.3 years respectively.
Key information
Tony Cheng
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 11.5% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
With EPS Growth And More, Reinsurance Group of America (NYSE:RGA) Makes An Interesting Case
Apr 08
Reinsurance Group of America: May Have An Upside, But It's Probably Slim
Mar 21There's No Escaping Reinsurance Group of America, Incorporated's (NYSE:RGA) Muted Earnings
Feb 01Reinsurance Group of America: Attractively Valued With Potential Life Expectancy Upside
Jan 04Is Now The Time To Put Reinsurance Group of America (NYSE:RGA) On Your Watchlist?
Dec 20Reinsurance Group Of American - Sup-Par Performance Since March, "BUY"
Oct 23Here's Why Reinsurance Group of America (NYSE:RGA) Has Caught The Eye Of Investors
Sep 06Reinsurance Group of America's (NYSE:RGA) Dividend Will Be Increased To $0.85
Aug 07Reinsurance Group of America: Undervalued Wealth Compounder
Aug 01Reinsurance Group of America: I'm Extending My Targets For Additional Upside
Feb 21Reinsurance Group of America closes $1.7B longevity swap deal
Dec 15Reinsurance Group of America upped to Outperform at RBC on earnings growth potential
Dec 06Reinsurance Group of America to redeem debentures due 2042
Nov 10Reinsurance Group of America: An Under-The-Radar Outperformer
Oct 04Reinsurance Group of America's (NYSE:RGA) Upcoming Dividend Will Be Larger Than Last Year's
Aug 08Reinsurance Group of America Non-GAAP EPS of $5.78 beats by $3.00, revenue of $3.89B misses by $140M
Aug 04Reinsurance Group Of America: Still Upside To Be Had
Jun 07Reinsurance Group Of America Could See Upside In An Inflationary Environment
Apr 21Reinsurance Group Of America: Why The Stock Is Still A Buy?
Feb 07Reinsurance Group of America: Buy For A 55% Upside Potential
Jan 02Reinsurance Group Of America: Look Beyond COVID For Strong Returns
Dec 07Reinsurance Group Of America: 100%+ Two-Year Upside Potential
Dec 01Reinsurance Group of America (NYSE:RGA) Is Paying Out A Larger Dividend Than Last Year
Nov 08Reinsurance Group Of America: Recovery Encouraging, But Looks Fairly Valued
Aug 09Reinsurance Group of America (NYSE:RGA) Is Paying Out A Larger Dividend Than Last Year
Aug 07Reinsurance Group of America, Incorporated 2021 Q1 - Results - Earnings Call Presentation
May 10Reinsurance Group of America declares $0.70 dividend
May 06Is Reinsurance Group of America, Incorporated (NYSE:RGA) A Good Fit For Your Dividend Portfolio?
Apr 14The Reinsurance Group of America (NYSE:RGA) Share Price Has Gained 33% And Shareholders Are Hoping For More
Mar 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$749k | US$902m |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$778m |
| Mar 31 2023 | n/a | n/a | US$678m |
| Dec 31 2022 | US$3m | US$639k | US$517m |
| Sep 30 2022 | n/a | n/a | US$382m |
| Jun 30 2022 | n/a | n/a | US$436m |
| Mar 31 2022 | n/a | n/a | US$675m |
| Dec 31 2021 | US$2m | US$612k | US$1b |
| Sep 30 2021 | n/a | n/a | US$593m |
| Jun 30 2021 | n/a | n/a | US$828m |
| Mar 31 2021 | n/a | n/a | US$642m |
| Dec 31 2020 | US$2m | US$610k | US$415m |
| Sep 30 2020 | n/a | n/a | US$518m |
| Jun 30 2020 | n/a | n/a | US$568m |
| Mar 31 2020 | n/a | n/a | US$612m |
| Dec 31 2019 | US$3m | US$580k | US$870m |
Compensation vs Market: Tony's total compensation ($USD6.51M) is below average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Tony's compensation has increased by more than 20% in the past year.
CEO
Tony Cheng (49 yo)
1.3yrs
Tenure
US$6,512,894
Compensation
Mr. Tony Cheng, FSA, FCIA, serves as Non-Executive Director of RGA Reinsurance Company of Australia Limited - New Zealand Branch since September 23, 2021. Mr. Cheng is President and Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$6.51m | 0.034% $ 4.2m | |
| Senior EVP & CFO | 7.9yrs | US$4.89m | 0.074% $ 9.3m | |
| Executive VP & Chief Investment Officer | 4.3yrs | US$4.24m | 0.0082% $ 1.0m | |
| Executive VP & Head of the Americas - RGA Reinsurance Company | 3.3yrs | US$3.10m | 0.0050% $ 634.7k | |
| Executive VP & Chief Information Officer | 1.3yrs | no data | no data | |
| Senior Vice President of Investor Relations | 10.3yrs | no data | no data | |
| Executive VP | 13.3yrs | no data | 0.019% $ 2.4m | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.3yrs | no data | 0.0039% $ 487.7k | |
| Executive VP & Global Chief Risk Officer | no data | no data | 0.011% $ 1.3m | |
| VP, Chief Underwriter - U.S. Mortality Markets | no data | no data | no data | |
| Chief Executive Officer - RGA Latin America | no data | no data | no data |
3.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: RGA's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$6.51m | 0.034% $ 4.2m | |
| Independent Director | 1.8yrs | US$136.50k | 0.0016% $ 204.9k | |
| Independent Director | 7.5yrs | US$308.95k | 0.014% $ 1.8m | |
| Independent Director | 2.3yrs | US$279.95k | 0.0036% $ 450.0k | |
| Independent Director | 5.8yrs | US$303.95k | 0.013% $ 1.7m | |
| Independent Director | 5.2yrs | US$292.45k | 0.0015% $ 188.5k | |
| Independent Director | 3.2yrs | US$303.95k | 0.0053% $ 659.9k | |
| Independent Director | less than a year | US$67.50k | no data | |
| Independent Director | 4.5yrs | US$269.95k | 0.0016% $ 204.9k | |
| Independent Director | no data | no data | no data | |
| Independent Director | 5.8yrs | US$303.95k | 0.00080% $ 100.6k | |
| Independent Chairman | 3.5yrs | US$511.53k | no data |
3.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: RGA's board of directors are considered experienced (3.3 years average tenure).