Sundar PichaiSundar Pichai earned $164M in 2023
C

Gary C. Bhojwani

CEO of CNO Financial Group

Education

Bachelor's degree from Illinois State University and an MBA from the University of Chicago

Field of Expertise

Finance & Banking - Insurance

Born

April 12, 1968 - 56 years ago

Economy Sector

Financial Services

Current Tenure

7 years 1 month (Jan 2018 - Present)

Previous Experience

Member of the Board of Management at Allianz SE, Chairman of Allianz of America, Allianz Life Insurance Company, and Fireman’s Fund Insurance Company

Gary C. Bhojwani has been leading CNO Financial Group, Inc. as its CEO since January 2018. Before this, he was the company's President from April 2016, and he holds a remarkable background in the insurance sector. He worked at Allianz...

Year

2022

Total Compensation

$12.20M

Salary

$1.03M

Board Justification

The compensation philosophy is focused on pay-for-performance, aligning management's interests with those of shareholders and rewarding for achieving strategic business goals.

Bonus

$1.70M

Board Justification

The bonus is based on the Annual Cash Incentive/P4P Plan, which rewards for delivering targeted financial and operational results, with a target of 160% of base salary.

Other

$352.32K

Board Justification

Includes group life insurance premiums, 401(k) contributions, and other personal benefits.

Restricted Stock

$9.11M(374.42K common stock)

Board Justification

The stock that vested in 2022 includes shares from P-share awards based on performance metrics achieved during the year.

Performance Metrics

The performance metrics include Operating ROE and Operating EPS, adjusted by relative TSR for the three-year performance period.