Anna Manning is the former CEO of Reinsurance Group of America (RGA), where she served from January 1, 2017, until her retirement on December 31, 2023. With a background in finance, she has a solid understanding of the insurance and...

Anna Manning is the former CEO of Reinsurance Group of America (RGA), where she served from January 1, 2017, until her retirement on December 31, 2023. With a background in finance, she has a solid understanding of the insurance and reinsurance markets. Before becoming CEO, she held several important positions at RGA, including President and Senior Executive Vice President for Global Structured Solutions. Anna has over 15 years of experience with the company and previously worked as a consultant, which gave her valuable insights into mergers and acquisitions. Her leadership style focused on aligning the company's performance with shareholder interests. In 2023, she received a total compensation of over $13 million, which shows how well the company performed under her guidance. Notably, during her time, her personal trading activity revealed significant investments in RGA stock, reaching up to $18 million, indicating her strong belief in the company's future. Anna has made impactful contributions in improving company operations and driving strategic growth, turning challenges into opportunities for revenue growth.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Reinsurance Group of America CEOs

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Anna Manning

Ex-CEO of Reinsurance Group of America

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of Reinsurance Group of America for

6 years 11 months (Jan 2017 - Dec 2023)

Previous Experience

Senior Executive Vice President, Global Structured Solutions; Executive Vice President and Head of U.S. and Latin American Markets; Executive Vice President and Chief Operating Officer for RGA International Corporation; Senior Consultant at Towers Perrin; Manulife Financial

Rivals

Competitors/colleagues of Anna Manning

U

Richard P. McKenney

CEO of Unum

2023 Compensation

Stock

$14.18M

Salary

$1.10M

Bonus

$4.33M

Other

$863.48K

Total Holdings

$82.29M

P

Glenn J. Williams

CEO of Primerica

2023 Compensation

Stock

$0.00

Salary

$600.00K

Bonus

$1.25M

Other

$131.65K

Total Holdings

$17.95M

C

Gary C. Bhojwani

CEO of CNO Financial Group

2022 Compensation

Stock

$9.11M

Salary

$1.03M

Bonus

$1.70M

Other

$352.32K

Total Holdings

$45.23M

M

Michel A. Khalaf

CEO of MetLife

2023 Compensation

Stock

$15.81M

Salary

$1.48M

Bonus

$4.80M

Other

$279.92K

Total Holdings

$50.00M

Holdings

See how much did Anna Manning make over time.

During her tenure at RGA, Anna Manning's holdings in company stock showed significant growth. Over time, her investment rose sharply, with her stock value reaching over $18 million by mid-2024. This increase reflects her confidence and belief in RGA's potential....

During her tenure at RGA, Anna Manning's holdings in company stock showed significant growth. Over time, her investment rose sharply, with her stock value reaching over $18 million by mid-2024. This increase reflects her confidence and belief in RGA's potential. For instance, in 2021, her stock holdings fluctuated around $6 to $7 million, but by the summer of 2023, they had skyrocketed, topping $12 million during certain months. This pattern showcases how she navigated market conditions effectively and likely positioned herself to benefit from the company's growth trajectory. Anna's stock investment strategy has been closely tied to her role, making it clear that she is deeply invested in RGA's success.

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Total Stock Sold

$1.45M

RGA

$1.45M

9,884 RGA shares

What if they kept their stock?

If Anna Manning didn't sell their stock, today they would have:
Extra RGA9,884 shares worth $701.37K.
This is -51.61% and $748.02K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Anna Manning.

RGA

$4.04M

RGA at $149.06/share

Feb 17, 2023

Received

RGA

$2.11M

RGA at $85.44/share

May 14, 2020

Received

RGA

$634.57K

RGA at $165.47/share

Nov 14, 2019

Sale

RGA

$3.24M

RGA at $149.45/share

May 2, 2019

Received

RGA

$597.98K

RGA at $148.23/share

Nov 30, 2018

Sale

RGA

$946.65K

RGA at $149.55/share

May 3, 2018

Received

RGA

$428.55K

RGA at $127.28/share

May 4, 2017

Received

RGA

$212.02K

RGA at $105.22/share

Aug 26, 2016

Sale

RGA

$149.30K

RGA at $95.40/share

May 10, 2016

Received

RGA

$300.87K

RGA at $92.32/share

May 7, 2015

Received

Compensation History

See how much did Anna Manning make over time.

In 2023, Anna Manning received a total compensation package worth $13.5 million, which was composed of her salary, bonuses, and vested performance shares. Her base salary was approximately $1.1 million, and she earned a significant bonus of around $3.8 million linked to the company's strong performance. Notably, she did not receive stock grants that year, as her long-term incentives were fully contingent on performance metrics. This performance-based pay structure highlights the company's strategy to align executives’ rewards with overall business success. Over the years, her compensation increased steadily, reflecting her leadership role in steering RGA through various market challenges, including the impacts of the COVID-19 pandemic. For context, her compensation in 2022 was about $11.35 million.

Year

2023

Total Compensation

$12.57M

Salary

$1.10M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain senior level employees, aligning their interests with those of shareholders through performance-based incentives.

Bonus

$3.78M

Board Justification

The bonus is based on the company's overall performance, with a payout percentage of 171.9% of the target bonus for 2023 performance, which was determined in February 2024.

Other

$343.72K

Board Justification

Other compensation includes contributions to retirement plans and life insurance premiums paid by the company.

Restricted Stock

$7.35M(0 PCS)

Board Justification

No stock was granted to Ms. Manning in 2023 as her long-term incentive compensation was weighted 100% to performance contingent shares (PCS).

Performance Metrics

Performance metrics include adjusted operating income per share, strategic scorecard, new business embedded value, and annual adjusted consolidated revenue.

Other Reinsurance Group of America CEOs

Here are other CEOs of Reinsurance Group of America

Tony Cheng

CEO of Reinsurance Group of America

January 2024 - Present