WEST DES MOINES, Iowa--(BUSINESS WIRE)--Apr. 17, 2017--
American Equity Investment Life Holding Company (NYSE: AEL), a leading
issuer of fixed index annuities, is sad to announce that David J. Noble,
founder and Chairman of the Board of the Company’s Board of Directors,
passed away peacefully in his sleep on April 16, 2017. Mr. Noble founded
the American Equity group of companies in 1995 and served as Chairman,
Chief Executive Officer, President and Treasurer of AEL from its
formation until 2009 when he became Executive Chairman of the Board. He
retired from full time employment in July 2016.
Mr. Noble built American Equity from the ground up and his legacy will
continue to impact the Company into the future. He fully believed that
American Equity’s primary responsibility was to create products that
helped people preserve their assets and secure a predictable return that
they could not outlive. He affectionately called this Sleep Insurance®.
“We are deeply saddened by the passing of our founder and leader,” said
John M. Matovina, Chief Executive Officer and President of the Company.
“Dave was a visionary leader whose passion for the annuity business was
inspirational to the thousands of employees, independent insurance
producers and business associates his life touched during his more than
60 years in the insurance industry. In addition, he was a great
supporter of our community through the Noble Foundation.”
“Dave built American Equity on the foundation of great people and great
service,” continued Matovina. “He always said – and believed – that a
company is not a building or a charter, but rather it is the people that
make the company successful. We will continue to follow his business
model of providing superior customer service and valuing and
appreciating every employee, agent and policyholder of American Equity.
We send our deepest condolences to his family and friends.”
Please send memories of David Noble to RememberingDave@american-equity.com.
ABOUT AMERICAN EQUITY
American Equity Investment Life
Holding Company, through its wholly-owned operating subsidiaries, issues
fixed annuity and life insurance products, with a primary emphasis on
the sale of fixed index and fixed rate annuities. American Equity
Investment Life Holding Company, a New York Stock Exchange Listed
company (NYSE: AEL), is headquartered in West Des Moines, Iowa. For more
information, please visit www.american-equity.com.
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Source: American Equity Investment Life Holding Company
American Equity Investment Life Holding Company
Steven D. Schwartz,
Vice President - Investor Relations