The estimated Net Worth of John M Matovina is at least $13.8 Million dollars as of 22 June 2021. Mr. Matovina owns over 4,200 units of American Equity Investment Life Co stock worth over $7,743,392 and over the last 21 years he sold AEL stock worth over $1,555,115. In addition, he makes $4,459,670 as Non-Executive Chairman of the Board at American Equity Investment Life Co.
John has made over 26 trades of the American Equity Investment Life Co stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 4,200 units of AEL stock worth $135,492 on 22 June 2021.
The largest trade he's ever made was exercising 50,000 units of American Equity Investment Life Co stock on 29 November 2005 worth over $266,500. On average, John trades about 6,763 units every 131 days since 2003. As of 22 June 2021 he still owns at least 137,124 units of American Equity Investment Life Co stock.
You can see the complete history of Mr. Matovina stock trades at the bottom of the page.
John M. Matovina serves as Non-Executive Chairman of the Board of the Company. He has served as a director since 2000. He has served as Chairman since April 2017 and as Chief Executive Officer and President of the Company since 2012. He served as Chief Financial Officer and Treasurer of the Company from 2009 to 2012 and as the Company's Vice Chairman from 2003 to April 2017. Mr. Matovina was a private investor and a financial consultant to us from 1997 to 2003. From 1983 through 1996, he was a senior financial officer of The Statesman Group, Inc. ("Statesman") and many of its subsidiaries, and, prior to Statesman's acquisition in 1994, he served as Statesman's Chief Financial Officer, Treasurer and Secretary. Mr. Matovina is a certified public accountant and has more than 25 years of experience in the life insurance industry. Mr. Matovina's role as Chief Executive Officer of the Company as well as his years of experience in and extensive knowledge of the life insurance industry led the Board of Directors to conclude that Mr. Matovina should serve as a director of the Company.
As the Non-Executive Chairman of the Board of American Equity Investment Life Co, the total compensation of John Matovina at American Equity Investment Life Co is $4,459,670. There are no executives at American Equity Investment Life Co getting paid more.
John Matovina is 65, he's been the Non-Executive Chairman of the Board of American Equity Investment Life Co since 2020. There are 6 older and 17 younger executives at American Equity Investment Life Co. The oldest executive at American Equity Investment Life Holding Co is James Gerlach, 78, who is the Independent Director.
Over the last 25 years, insiders at American Equity Investment Life Co have traded over $29,572,582 worth of American Equity Investment Life Co stock and bought 812,985 units worth $8,001,828 . The most active insiders traders include David J Noble, Debra J Richardson, and Bureau Life Insurance Co Farm. On average, American Equity Investment Life Co executives and independent directors trade stock every 30 days with the average trade being worth of $1,624,134. The most recent stock trade was executed by Aaron Boushek on 23 February 2024, trading 992 units of AEL stock currently worth $56,018.
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American Equity Investment Life Co executives and other stock owners filed with the SEC include: