In 2022, Mark S. McAndrew earned $2.67M in total compensation at Globe Life, including $650.00K salary, $585.00K bonus and $1.40M in stock. Has led Globe Life for over 20 years.
Compensation History
Annual executive compensation data for Mark S. McAndrew, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.67M
Salary
$650.00K
Bonus
$585.00K
Other
$32.04K
Salary
$650.00KBoard Justification
The compensation philosophy emphasizes long-term performance and alignment with shareholder interests, focusing on consistent growth in operating earnings and shareholder value.
Bonus
$585.00KBoard Justification
The annual cash bonus is based on the achievement of performance metrics including operating EPS growth, underwriting income growth, and NOI ROE, with a maximum payout of 150% of the target bonus amount.
Other Compensation
$32.04KBoard Justification
Includes various perquisites and benefits such as personal use of corporate aircraft and country club dues.
Restricted Stock
Board Justification
Performance shares awarded on February 23, 2022, vesting based on the achievement of specified performance goals over a three-year period ending December 31, 2024.
Performance Metrics
The performance metrics for determining the compensation include operating EPS growth, underwriting income growth, and NOI ROE.
Mark S. McAndrew
CEO of Globe Life
Sector of Economy
Financial Services
CEO of Globe Life for
20 years 4 months (Aug 2005 - Present)
Previous Experience
Director of Torchmark since July 1998, President of Globe Life And Accident Insurance Company since October 1991, CEO since September 1999, Chairman of Insurance Operations February 2003 – July 2005, Executive Vice President September 1999 – February 2003.
Holdings
Track Mark S. McAndrew's stock holdings and portfolio value over time.
Insider Trading
Mark S. McAndrew's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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