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...

Number of Employees

3.5K

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.

SEC Filing

From March 29, 2023

Gary C. Bhojwani

CEO of CNO Financial Group

C

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

Is Founder?

No

Current Tenure

7 years 0 months (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