WEST DES MOINES, Iowa--(BUSINESS WIRE)--
American Equity Investment Life Holding Company (NYSE: AEL), a leading
underwriter of index and fixed rate annuities, announced today the
following changes to its executive officers:
- John M. Matovina was named Chief Executive Officer and President. Mr.
Matovina, age 58, was previously Chief Financial Officer and Treasurer
and was serving as interim Chief Executive Officer and President. Mr.
Matovina has served on American Equity’s Board of Directors since 2000
and has also served as Vice Chairman since 2003.
- Ted M. Johnson was named Chief Financial Officer and Treasurer. Mr.
Johnson, age 42, was previously Vice President – Controller. Prior to
joining American Equity in August 2000, Mr. Johnson was a senior
manager with Ernst & Young LLP working primarily on audit clients in
the insurance industry. Mr. Johnson is a certified public accountant
and has over 19 years of experience in the life insurance industry.
David J. Noble, Executive Chairman and Robert L. Howe, American Equity’s
lead independent director, said “The Board has a great deal of
confidence in Mr. Matovina, Mr. Johnson, and the entire management team
of American Equity. These individuals, together with Debra J.
Richardson, Executive Vice President and Secretary, Ron Grensteiner,
President of American Equity Investment Life Insurance Company, Terry
Reimer, Executive Vice President and Jeff Lorenzen, Sr. Vice President
of Investments provide us with an experienced group of executives that
have worked together as a team for many years. We fully expect that the
success and stability of American Equity will continue under their
leadership.”
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its
wholly-owned operating subsidiaries, is a full service underwriter of a
broad line of fixed annuity and life insurance products, with a primary
emphasis on the sale of index and fixed rate annuities. American Equity
Investment Life Holding Company, a New York Stock Exchange Listed
company (NYSE: AEL), is headquartered in West Des Moines, Iowa. For more
information, please visit www.american-equity.com.
American Equity Investment Life Holding Company
John M.
Matovina, Chief Executive Officer, 515-457-1813
jmatovina@american-equity.com
or
Julie
L. LaFollette, Director of Investor Relations, 515-273-3602
jlafollette@american-equity.com
or
Debra
J. Richardson, Chief Administrative Officer, 515-273-3551
drichardson@american-equity.com
Source: American Equity Investment Life Holding Company
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