American Equity Investment Life Holding Company CEO John Matovina's 2019 pay jumps 26% to $4.5M

American Equity Investment Life Holding Company reports 2019 executive compensation

By ExecPay News

Published: April 24, 2020

American Equity Investment Life Holding Company reported fiscal year 2019 executive compensation information on April 24, 2020.

In 2019, five executives at American Equity Investment Life Holding Company received on average a compensation package of $2.4M, a 11% increase compared to previous year.

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

John M. Matovina, Chief Executive Officer, received $4.5M in total, which increased by 26% compared to 2018. 45% of Matovina's compensation, or $2M, was in stock awards. Matovina also received $1.5M in non-equity incentive plan, $900K in salary, as well as $33K in other compensation.

Ronald J. Grensteiner, Exec. Vice President, received a compensation package of $2M, which increased by 9% compared to previous year. 38% of the compensation package, or $764K, was in stock awards.

Ted M. Johnson, Chief Financial Officer, earned $2M in 2019, a 2% increase compared to previous year.

Jeffrey D. Lorenzen, Chief Investment Officer, received $1.8M in 2019, which increases by 5% compared to 2018.

Renee D. Montz, General Counsel, earned $1.6M in 2019, a 1% increase compared to previous year.