American Financial Group CEO Carl Lindner's 2019 pay rises 2% to $10M
American Financial Group reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
American Financial Group reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, six executives at American Financial Group received on average a compensation package of $5.6M, a 2% increase compared to previous year.
Carl H. Lindner III, Chief Executive Officer, received $10M in total, which increased by 2% compared to 2018. 63% of Lindner's compensation, or $6.6M, was in non-equity incentive plan. Lindner also received $1.3M in salary, $1.5M in stock awards, as well as $1.1M in other compensation.
For fiscal year 2019, the median employee pay was $73,634 at American Financial Group. Therefore, the ratio of Carl H. Lindner III's pay to the median employee pay was 142 to one.
S. Craig Lindner, Chief Executive Officer, received a compensation package of $10M, which increased by 3% compared to previous year. 63% of the compensation package, or $6.6M, was in non-equity incentive plan.
John B. Berding, President of American Money Management, earned $4.9M in 2019, a 2% increase compared to previous year.
Joseph E. Jeff Consolino, Chief Financial Officer, received $4.8M in 2019, which increases by 2% compared to 2018.
Vito C. Peraino, General Counsel, earned $2M in 2019, a 1% increase compared to previous year.
Michelle A. Gillis, Chief Administrative Officer, received $1.1M in 2019, which increases by 3% compared to 2018.
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