American Equity Investment Life Holding Company Chairman David Noble's 2007 pay jumps 361% to $553K

American Equity Investment Life Holding Company reports 2007 executive compensation

By ExecPay News

Published: April 22, 2008

American Equity Investment Life Holding Company reported fiscal year 2007 executive compensation information on April 22, 2008.

In 2007, seven executives at American Equity Investment Life Holding Company received on average a compensation package of $364K, a 32% increase compared to previous year.

Average pay of disclosed executives at American Equity Investment Life Holding Company

David J. Noble, Chairman, received $553K in total, which increased by 361% compared to 2006. 72% of Noble's compensation, or $400K, was in bonus. Noble also received $120K in salary and $33K in other compensation.

Wendy L. Carlson, Chief Financial Officer, received a compensation package of $365K, which increased by 14% compared to previous year. 71% of the compensation package, or $257K, was in salary.

Wendy C. Waugaman, Chief Executive Officer, earned $365K in 2007.

Debra J. Richardson, Secretary, received $364K in 2007, which increases by 14% compared to 2006.

Kevin R. Wingert, Former President, American Equity Life, earned $364K in 2007, a 14% increase compared to previous year.

John M. Matovina, Chief Financial Officer, received $287K in 2007, which decreases by 2% compared to 2006.

James M. Gerlach, Executive Vice President, earned $253K in 2007.