Frederick J. Crawford is the President and Chief Operating Officer of Aflac Incorporated, a major player in the insurance market. He joined the company in 2015 as Executive Vice President and Chief Financial Officer after impressive stints at CNO Financial...

Frederick J. Crawford is the President and Chief Operating Officer of Aflac Incorporated, a major player in the insurance market. He joined the company in 2015 as Executive Vice President and Chief Financial Officer after impressive stints at CNO Financial Group and Lincoln Financial Group. His journey through the finance world spans over two decades, where he has held several leadership roles, showing a knack for turning company performance around. In 2023, his compensation hit $8,196,490, reflecting Aflac's improved performance—a mix of salary, retirement benefits, and perks like personal use of company aircraft. Notably, he doesn’t rely much on stock options; instead, he receives performance-based restricted stock awards. This aligns his interests closely with shareholders, which has become a common trend in executive pay lately. As he prepares for his retirement in 2024, Crawford has stopped receiving new stock grants. However, he had a standout year in 2022 when he realized over $3 million in stock due to performance metrics being hit. Crawford has emphasized the importance of tying executive pay to company outcomes, ensuring that leadership incentives are rewarded based on real performance metrics such as earnings and savings. This focus on performance management has marked his tenure at Aflac, driving real growth and stability in the company.