American Equity Investment Life Holding Company Chairman David Noble's 2010 pay jumps 113% to $1.5M

American Equity Investment Life Holding Company reports 2010 executive compensation

By ExecPay News

Published: April 25, 2011

American Equity Investment Life Holding Company reported fiscal year 2010 executive compensation information on April 25, 2011.

In 2010, six executives at American Equity Investment Life Holding Company received on average a compensation package of $1.1M, a 100% increase compared to previous year.

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

David J. Noble, Chairman, received $1.5M in total, which increased by 113% compared to 2009. 42% of Noble's compensation, or $650K, was in salary. Noble also received $51K in bonus, $318K in non-equity incentive plan, $404K in option awards, $61K in stock awards, as well as $50K in other compensation.

Wendy C. Waugaman, Chief Executive Officer, received a compensation package of $1.4M, which increased by 101% compared to previous year. 39% of the compensation package, or $550K, was in salary.

John M. Matovina, Chief Executive Officer, earned $1.2M in 2010, a 106% increase compared to previous year.

Debra J. Richardson, Secretary, received $1.2M in 2010, which increases by 87% compared to 2009.

Ronald J. Grensteiner, Vice President, earned $1M in 2010, a 173% increase compared to previous year.

Ted M. Johnson, Chief Financial Officer, received $492K in 2010.