Board of Directors
John M. MatovinaPresident & Chief Executive Officer, Chairman of the Board American Equity Investment Life Holding CompanyJohn M. Matovina is Chairman of the Board, Chief Executive Officer, and President of American Equity Investment Life Holding Company. He was appointed Chief Executive Officer and President on June 27, 2012. Prior to being appointed Chief Executive Officer and President, he was Chief Financial Officer since January 1, 2009, and was Vice Chairman until April, 2017, at which time he became Chairman.
Prior to being appointed vice chairman, Mr. Matovina was a financial consultant to us from 1997 to 2003. From November 1983 through November 1996, he was a senior financial officer of The Statesman Group and many of its subsidiaries, and, prior to Statesman’s acquisition in September 1994, he served as Statesman’s Chief Financial Officer, Treasurer and Secretary.
Mr. Matovina received his B.S. from Indiana University. He is also a Certified Public Accountant and has more than 30 years of experience in the accounting and insurance industries.
Joyce A. ChapmanRetired Executive, West Bank
Joyce A. Chapman was elected to the board of directors in September, 2008. Ms. Chapman is a retired banker who spent over 35 years with West Bank, West Des Moines, Iowa. While at West Bank, she served in numerous roles covering virtually every aspect of bank administration and operation.
Ms. Chapman is a well-known community figure, having served in numerous positions of leadership in philanthropic and banking industry organizations.
Alexander M. ClarkSenior Managing Director, Griffin Financial Group
Alexander M. Clark was elected as a director of our company in 2007. Mr. Clark is senior managing director at Griffin Financial Group, which provides merger and acquisition advisory, capital formation and strategic consulting services to insurance companies and other financial institutions, private equity sponsors and commercial and industrial companies of all sizes in various industries.
Prior to joining Griffin Financial Group, Mr. Clark was managing director at Madison Williams, where he led the Insurance Investment Banking Group. For 13 years prior to joining Madison Williams, he was a managing director at Advest Group where he was responsible for global investment banking activities in the insurance industry.
Mr. Clark is a Chartered Financial Analyst and serves as a member of the Board of Directors of Pennsylvania National Insurance Group, Unity Financial Life Insurance Company, Penn Treaty American Corporation and Great American Life Insurance Company of New York, a subsidiary of American Financial Group. He holds a B.A. from Dartmouth College and an MBA from Harvard Business School.
Brenda J. CushingRetired Executive, Athene Holding
Brenda J. Cushing was elected to the board of directors in March, 2017. Ms. Cushing retired in August, 2015 from Athene Holding where she served as executive finance president and chief financial officer. Ms. Cushing began her Athene career in 1993 as general accounting manager at AmerUs Life Insurance Company, and joined AmerUs Bank in 1994 as finance vice president, and later, as the bank's CFO until its sale in 1998.
Ms. Cushing has a bachelor's degree in business administration from Iowa State University and serves on the Dean's Advisory Council for the ISU College of Business.
She also serves on the boards of the United Way of Central Iowa, Mercy Medical Center and is a community board member for Bankers Trust (Des Moines) and is a member of the Iowa Society of CPAs.
James M. GerlachRetired Executive, American Equity Investment Life Holding CompanyJames M. Gerlach served as executive vice president of American Equity from 1997 until his retirement and as executive vice president and chief marketing officer of American Equity Life since 1996. Prior to joining American Equity, Mr. Gerlach served as executive vice president and secretary of American Life and Casualty and as executive vice president and treasurer of Vulcan Life Insurance Company, a subsidiary of American Life and Casualty. He has been active in the insurance industry for over 35 years.
Robert L. HoweRetired Deputy Commissioner and Chief Examiner, State of Iowa
Robert L. Howe has been a director of the Company since 2005. He served in the State of Iowa Insurance Division from 1964 to 2002 in various capacities. He was named Deputy Commissioner and Chief Examiner in 1985 and served in this position until his retirement in 2002. During this time, Mr. Howe was responsible for the financial oversight of 220 domestic insurance companies. Since his retirement, he has been an independent consultant. Since 2007, Mr. Howe has served on the board of EMC Insurance Group and serves on the Audit, Inter-Company, Corporate Governance and Nominating Committees.
Howe is a graduate of Drake University with a B.S. degree in Actuarial Science and did graduate work in human relations at St. John’s University. Howe is a Certified Financial Examiner, Certified Insurance Examiner, Certified Government Financial Manager and Accredited Insurance Receiver.Lead Director
William R. KunkelGeneral Counsel, Archdiocese of ChicagoWilliam R. Kunkel is general counsel of the Archdiocese of Chicago. Previously, he served as executive vice president and general counsel of American Equity from 2012 until April, 2016. Prior to joining the Company, Mr. Kunkel was a partner at Skadden, Arps, Slate, Meagher & Flom LLP for over 25 years, where he focused his practice on mergers and acquisitions, corporate finance and other corporate governance and securities matters.
Alan D. MatulaChief Information Officer, Weber-Stephen Products LLC
Alan D. Matula was elected to the board of directors in December, 2015. Mr. Matula has served as the chief information officer of Weber-Stephen Products LLC, a privately owned company which manufactures charcoal, gas and electric outdoor grills and accessories, since December 2015. Mr. Matula worked for the Royal Dutch Shell plc organization for over 30 years. During that time, he served in various information technology capacities for the parent company and several of its subsidiaries including chief information officer for Royal Dutch Shell plc from 2006 to 2015.
Mr. Matula has a B.S. degree in Quantitative Business Analytics from Indiana University and an Executive MBA from Houston Baptist College.
David S. MulcahyChairman of the Board, Monarch Materials Group, Inc.
David S. Mulcahy was elected to serve on the Company's board of directors in January, 2011. Mr. Mulcahy previously served as a member of the Company's board of directors from 1996 to 2006. He currently serves as chairman of the board of directors of Monarch Materials Group, Inc.
Mr. Mulcahy is a certified public accountant who acted as a senior tax partner in the Des Moines office of Ernst & Young LLP, where he was employed from 1976 through 1994. He is a graduate of The University of Iowa.
Gerard D. NeugentPresident & Chief Executive Officer, Knapp Properties, Inc.
Gerard D. Neugent was elected to the board of directors in June, 2010. Mr. Neugent is the president and chief executive officer of Knapp Properties, Inc., Des Moines, IA. His primary duties include dealing with real estate transactions, development and management.
Mr. Neugent is a graduate of Marquette University and received his J.D. from Drake University Law School.Independent Director
Debra J. RichardsonRetired Executive, American Equity Investment Life Holding CompanyDebra J. Richardson is retired executive vice president and secretary of American Equity Investment Life Holding Company. She served as executive vice president from 2009 until June 30, 2016. She is a member of American Equity’s board of directors.
Prior to being named executive vice president, Ms. Richardson served as senior vice president and secretary of the Company since 1996. Prior to joining American Equity, she was employed by The Statesman Group from 1977 through April 1996 serving in various positions including vice president-investor relations. Ms. Richardson has been involved in the insurance industry for over 30 years.
A.J. Strickland, IIIProfessor, University of Alabama School of Business
A. J. Strickland III has been a director of our company since 1996. Dr. Strickland is the Miller Professor of Strategic Management at The University of Alabama School of Business. He is co-author of the best-selling strategic management textbook in the world. His 18th edition published by McGraw-Hill is used in over 900 Universities worldwide.
Dr. Strickland is a former director of The Statesman Group. He has been director of marketing at BellSouth, and is a consultant in the area of strategic analysis. In the international arena, he has done extensive work in Europe, the Middle East, Central and South America, Southeast Asia, Australia, and Africa.