People: American Equity Investment Life Holding Co (AEL)
AEL on New York Consolidated
15.75USD
24 May 2013
15.75USD
24 May 2013
Price Change (% chg)
$-0.09 (-0.57%)
$-0.09 (-0.57%)
Prev Close
$15.84
$15.84
Open
$15.71
$15.71
Day's High
$15.76
$15.76
Day's Low
$15.55
$15.55
Volume
287,796
287,796
Avg. Vol
641,517
641,517
52-wk High
$16.50
$16.50
52-wk Low
$10.00
$10.00
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
David Noble |
81 | 2009 | Executive Chairman of the Board |
John Matovina |
58 | 2012 | Vice Chairman of the Board, President, Chief Executive Officer |
Ted Johnson |
42 | 2012 | Chief Financial Officer, Treasurer |
Ronald Grensteiner |
49 | 2009 | President of American Equity Investment Life Insurance Company |
William Kunkel |
2012 | Executive Vice President - Legal, General Counsel | |
Debra Richardson |
55 | 2010 | Executive Vice President, Secretary, Director |
James Gerlach |
70 | 1997 | Executive Vice President, Director |
Terry Reimer |
66 | 1996 | Executive Vice President |
Scott Samuelson |
39 | 2012 | Vice President, Controller |
Robert Howe |
69 | 2009 | Lead Independent Director |
Gerard Neugent |
60 | 2010 | Director |
Wendy Waugaman |
51 | 2012 | Director |
Joyce Chapman |
68 | 2008 | Independent Director |
Alexander Clark |
78 | 2007 | Independent Director |
Robert Hilton |
83 | 1996 | Independent Director |
David Mulcahy |
59 | 2011 | Independent Director |
A. Strickland |
70 | 1996 | Independent Director |
Harley Whitfield |
81 | 1996 | Independent Director |
Julie LaFollette |
Director - Investor Relations |
Biographies
| Name | Description |
|---|---|
David Noble |
Mr. David J. Noble is an Executive Chairman of the Board of American Equity Investment Life Holding Co. He serves as Executive Chairman of the Board of the Company and served as Chairman, Chief Executive Officer, President and Treasurer of the Company since its formation in 1995 until January 1, 2009. Mr. Noble was Chief Executive Officer of The Statesman Group Inc., ("Statesman") from 1982 through 1994 and was a director of Statesman (from 1975) and its President (from 1979) until he left to form our Company at the end of 1995. Mr. Noble has been active in the insurance industry for over 50 years. Mr. Noble is a director of Twenty Services, Inc. Mr. Noble's prior service as Chief Executive Officer, President and Treasurer of the Company gives him unique insights into the Company's challenges, opportunities and operations. This, along with his years of experience in the insurance industry, led the Board of Directors to conclude that Mr. Noble should serve as a director of the Company. |
John Matovina |
Mr. John M. Matovina is Vice Chairman of the Board, President, Chief Executive Officer of American Equity Investment Life Holding Co. He resigned as Chief Financial Officer and Treasurer of the company effective June 27, 2012. Prior to that, Mr. Matovina had served as Vice Chairman since June 2003. Prior to being appointed Vice Chairman, Mr. Matovina was a private investor since 1997 and a financial consultant to from 1997 to 2003. From November 1983 through November 1996, he was a senior financial officer of Statesman and many of its subsidiaries, and, prior to Statesman's acquisition in September 1994, he served as Statesman's Chief Financial Officer, Treasurer and Secretary. Mr. Matovina is a certified public accountant and has 30 years experience in the accounting and insurance industries. He serves as interim Chief Executive Officer and President during Mrs. Waugaman's medical absence. |
Ted Johnson |
Mr. Ted M. Johnson has been appointed as Chief Financial Officer, Treasurer of American Equity Investment Life Holding Co., effective June 27, 2012. He was previously Vice President - Controller of the company. Mr. Johnson was previously a senior manager with Ernst & Young LLP where he was employed from 1992 until August of 2000 working primarily on audit clients in the insurance industry. Mr. Johnson is a certified public accountant and has 19 years of experience in the life insurance industry. |
Ronald Grensteiner |
Mr. Ronald J. Grensteiner is President of American Equity Investment Life Insurance Company, subsidiary of American Equity Investment Life Holding Co. Prior to that, Mr. Grensteiner served as Senior Vice President of Marketing for American Equity Life since 1996. Prior to joining American Equity Life, Mr. Grensteiner was a senior marketing officer of American Life and Casualty. He has 25 years of experience in the insurance industry. |
William Kunkel |
Mr. William R. Kunkel is Executive Vice President - Legal, General Counsel of American Equity Investment Life Holding Co. Mr. Kunkel was a partner in the Chicago office of Skadden, Arps, Slate, Meagher & Flom LLP until his retirement in June 2012. He joined Skadden Arps in 1984 upon the founding of its Chicago office. His practice concentrated on mergers and acquisitions, corporate finance, and other corporate governance and securities matters. He has represented public and private companies in many industries and has received numerous recognitions for his professional work. He is a graduate of Harvard Law School and Creighton University. |
Debra Richardson |
Ms. Debra J. Richardson is an Executive Vice President, Secretary, Director of American Equity Investment Life Holding Company. She has served as Executive Vice President and Secretary of the Company since January 1, 2009. Prior to that, Ms. Richardson served as Senior Vice President and Secretary of the Company since 1996. Ms. Richardson was employed by Statesman from 1977 through April 1996 serving in positions including Vice President—Shareholder/Investor Relations. Ms. Richardson has been in the insurance industry for 30 years. |
James Gerlach |
Mr. James M. Gerlach is an Executive Vice President, Director of American Equity Investment Life Holding Co. He has served as Executive Vice President of the Company from 1996 until his retirement on December 31, 2011. Prior to joining, Mr. Gerlach served as Executive Vice President of American Life and Casualty Insurance Company ("American Life and Casualty") and as Executive Vice President and Treasurer of Vulcan Life Insurance Company, a subsidiary of American Life and Casualty. Mr. Gerlach has been in the insurance industry for 45 years. |
Terry Reimer |
Mr. Terry A. Reimer is an Executive Vice President of American Equity Investment Life Holding Co. He is director, Executive Vice President and Chief Operating Officer of American Equity Life since November, 1996. Mr. Reimer was Executive Vice President, Treasurer and Chief Operating Officer of American Life and Casualty from 1988 through November 1996. Mr. Reimer is a certified public accountant and has been in the insurance industry for 36 years. |
Scott Samuelson |
Mr. Scott A. Samuelson has been appointed as Vice President, Controller of American Equity Investment Life Holding Company with effect from June 27, 2012 He joined the Company in October 2010 as Assistant Vice President and Assistant Controller. Prior to joining the Company, Mr. Samuelson was a senior manager with Ernst & Young LLP where he was employed from 1995 to October 2010 working primarily on audit clients in the insurance and financial services industries. Mr. Samuelson is a certified public accountant and has over 16 years of experience in the life insurance industry. |
Robert Howe |
Mr. Robert Lee Howe is Lead Independent Director of American Equity Investment Life Holding Co. He served the State of Iowa Insurance Division from 1964 to 2002 in capacities. He was named Deputy Commissioner and Chief Examiner in 1985 and served in this position until his retirement in 2002. During this time, Mr. Howe was responsible for the financial oversight of 220 domestic insurance companies. Since his retirement, Mr. Howe has been a self-employed insurance consultant serving as director of EMC National Life Company from 2003 until 2007, and from 2007 to present, Mr. Howe serves as a director of EMC Insurance Group. Mr. Howe is a certified financial examiner, certified insurance examiner, certified government financial manager and accredited insurance receiver. |
Gerard Neugent |
Mr. Gerard D. Neugent is Director of American Equity Investment Life Holding Company, since August 17, 2010. Mr. Neugent is the President and Chief Operating Officer of Knapp Properties, Inc., Des Moines, IA. His primary duties include dealing with real estate transactions, development and management. Mr. Neugent received his law degree from Drake University. |
Wendy Waugaman |
Ms. Wendy C. Waugaman is Director of American Equity Investment Life Holding Co. She has served as Chief Executive Officer and President of the Company since January 1, 2009. Prior to that, Ms. Waugaman served as Chief Financial Officer and General Counsel of the Company since June 1999. Before joining the Company, she served as outside corporate counsel for the Company from its inception in 1995. Ms. Waugaman was previously a partner in the firm of Whitfield & Eddy, P.L.C., Des Moines, Iowa, where she practiced law from 1985 until June 1999. She was a corporate attorney for Statesman for 15 years. Ms. Waugaman served as a director of West Bancorporation, Inc. from March 2007 through March 2009. Ms. Waugaman is a certified public accountant. Ms. Waugaman's role as Chief Executive Officer and President of the Company and former role as Chief Financial Officer and General Counsel of the Company. She is on a medical leave of absence, and will remain on the Board of Directors and to participate in certain management and strategic discussions as her health permits. |
Joyce Chapman |
Ms. Joyce A. Chapman is an Independent Director of American Equity Investment Life Holding Company. She is a retired banker who worked 35 years with West Bank, West Des Moines, Iowa. While at West Bank, Ms. Chapman served in capacities related to bank administration and operation. Ms. Chapman has served in positions of leadership in philanthropic and banking industry organizations. Ms. Chapman serves as a director for West Bancorporation, Inc. |
Alexander Clark |
Mr. Alexander M. Clark is an Independent Director of American Equity Investment Life Holding Co. He has served as a Senior Managing Director, Insurance Group at Griffin Financial Group LLC since November 2010. Mr. Clark was Managing Director—Insurance Investment Banking from February 2006 to October 2010 at Madison Williams & Company, Inc. From October 1993 to February 2006, Mr. Clark was Managing Director with Advest, Inc. Mr. Clark is a chartered financial analyst. He has served as a director of New York life subsidiary since August 2005 and also serves as a director of Pennsylvania National Insurance Group, Unity Financial Life Insurance Company and Penn Treaty American Corporation. Mr. Clark's investment banking activities have been focused primarily on insurance companies and he has been in the insurance industry for 30 years. |
Robert Hilton |
Mr. Robert L. Hilton is an Independent Director of American Equity Investment Life Holding Co. He served as Executive Vice President of Government Relations and Marketing of Amtrust Financial Services, Inc. from October 2000 to April 2001. Mr. Hilton served as Executive Vice President of Insurance Data Resources Statistical Services, Inc., Boca Raton, Florida from 1997 until December 1999. From 1992 to 1996 he served as President of TIDE Consulting Co., Destin, Florida. Mr. Hilton was retired from December 1999 until October 2000 and has been a self-employed insurance consultant since November 2000. Mr. Hilton is a former director of Statesman and served for 40 years as Senior Vice President of the National Council of Compensation Insurance, Boca Raton, Florida. |
David Mulcahy |
Mr. David S. Mulcahy is an Independent Director of American Equity Investment Life Holding Co., since January 24, 2011. Mr. Mulcahy previously served as a member of the Company's Board of Directors from 1996 to 2006. Mr. Mulcahy serves as Chairman of the Board of Directors of Monarch Materials Group, Inc. Mr. Mulcahy is a certified public accountant and was a senior tax partner in the Des Moines office of Ernst & Young LLP, where he was employed from 1976 through 1994. Mr. Mulcahy's financial knowledge and experience in accounting and business management led the Board of Directors to conclude that Mr. Mulcahy should serve as a director of the Company. |
A. Strickland |
Dr. A. J. Strickland is an Independent Director of American Equity Investment Life Holding Co. He is the Thomas R. Miller Professor of Strategic Management in the Graduate School of Business at the University of Alabama and has been since 1969. Dr. Strickland is a director of Twenty Services, Inc. and a former director of Statesman. Dr. Strickland is the co-author of strategic management books and texts used at universities worldwide. In addition, he conducts industry and competitive analyses of domestic and international firms. |
Harley Whitfield |
Mr. Harley A. Whitfield is an Independent Director of American Equity Investment Life Holding Co. He is an attorney who is of counsel to Whitfield & Eddy, P.L.C., Des Moines, Iowa. Mr. Whitfield was a partner with Whitfield & Eddy from 1956 through 1994. Mr. Whitfield served as corporate counsel for Statesman and its subsidiary companies for 30 years. |
Julie LaFollette |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
David Noble |
1,319,430 |
John Matovina |
931,346 |
Ted Johnson |
-- |
Ronald Grensteiner |
702,031 |
William Kunkel |
-- |
Debra Richardson |
831,755 |
James Gerlach |
405,003 |
Terry Reimer |
242,396 |
Scott Samuelson |
-- |
Robert Howe |
-- |
Gerard Neugent |
-- |
Wendy Waugaman |
1,136,380 |
Joyce Chapman |
-- |
Alexander Clark |
-- |
Robert Hilton |
-- |
David Mulcahy |
-- |
A. Strickland |
-- |
Harley Whitfield |
-- |
Julie LaFollette |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
David Noble |
2,020,000 | 16,705,400 |
John Matovina |
130,000 | 486,100 |
Ted Johnson |
0 | 0 |
Ronald Grensteiner |
0 | 0 |
William Kunkel |
0 | 0 |
Debra Richardson |
223,250 | 1,114,673 |
James Gerlach |
210,500 | 1,193,070 |
Terry Reimer |
310,250 | 1,786,253 |
Scott Samuelson |
0 | 0 |
Robert Howe |
0 | 0 |
Gerard Neugent |
0 | 0 |
Wendy Waugaman |
277,500 | 1,233,000 |
Joyce Chapman |
0 | 0 |
Alexander Clark |
0 | 0 |
Robert Hilton |
0 | 0 |
David Mulcahy |
0 | 0 |
A. Strickland |
0 | 0 |
Harley Whitfield |
0 | 0 |
Julie LaFollette |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
HILTON ROBERT L |
1,000 | $11.00 |
HILTON ROBERT L |
22,800 | $14.74 |
HILTON ROBERT L |
200 | $14.73 |
HILTON ROBERT L |
10,000 | $10.85 |
HILTON ROBERT L |
1,000 | $9.00 |
HILTON ROBERT L |
1,000 | $10.77 |
HILTON ROBERT L |
10,000 | $5.85 |
JOHNSON TED MORRIS |
11,000 | $9.00 |
JOHNSON TED MORRIS |
145 | $14.73 |
JOHNSON TED MORRIS |
1,670 | $14.85 |
JOHNSON TED MORRIS |
2 | $14.74 |
JOHNSON TED MORRIS |
1,659 | $14.77 |
JOHNSON TED MORRIS |
1,100 | $14.89 |
JOHNSON TED MORRIS |
300 | $14.88 |
JOHNSON TED MORRIS |
100 | $14.76 |
JOHNSON TED MORRIS |
3,171 | $14.87 |
JOHNSON TED MORRIS |
4,000 | $9.00 |
MATOVINA JOHN M |
10,000 | $9.00 |
GRENSTEINER RONALD JAMES |
1,930 | $14.84 |
GRENSTEINER RONALD JAMES |
3,668 | $14.86 |
GRENSTEINER RONALD JAMES |
3,680 | $14.85 |
GRENSTEINER RONALD JAMES |
15,000 | $9.00 |
GRENSTEINER RONALD JAMES |
1,787 | $14.87 |
GRENSTEINER RONALD JAMES |
6,553 | $0.00 |
JOHNSON TED MORRIS |
5,774 | $0.00 |
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