Equibles does not estimate personal net worth.
Larry Hutchison was last confirmed as CEO at Globe Life Inc. (GL) in a filing dated March 16, 2023. The proxy statement of Globe Life Inc. reports total compensation of $8,871,217 for Larry Hutchison in fiscal 2022, including a base salary of $1,025,000. Disclosed compensation is on record for 6 fiscal years. Larry Hutchison has spoken on 11 earnings calls across 1 company, most recently for Globe Life Inc. on October 26, 2022. The companies whose calls Larry Hutchison spoke on are classified in the Financial Services sector.
“I would like to echo your comments about the appointments of Frank and Matt as the next Co-CEOs of Globe Life. Frank and Matt have worked closely with Gary and me over the past several years and helped develop and execute the company’s strategy.”
“At American Income, life premiums were up 8% for the year-ago quarter to $376 million, and life underwriting margin was up 19% to $128 million. A higher underwriting margin was primarily due to higher premium and improved claims experience.”
“At American Income, life premiums were up 10% over the year-ago quarter to $370 million, and life underwriting margin was up 13% to $111 million. The higher premium is primarily due to higher sales in recent quarters.”
“I will now discuss each distribution channel. At American Income, life premiums were up 11% over the year-ago quarter to $364 million, and life underwriting margin was down 3% to $102 million.”
“I'm very pleased with the overall agency results. Looking forward, the addition of virtual recruiting and selling opportunities will continue to enhance our ability to grow.”
Start not stated–2023-03-16
Last confirmed by a filing; no departure on record
Insurance - Life · Financial Services
CEO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2022 | Globe Life Inc. (GL) | Co-Chairman and Former Chief Executive Officer\ | $1,025,000 | $8,871,217 |
| 2021 | Globe Life Inc. (GL) | Co-Chairman and Former Chief Executive Officer\ | $1,000,096 | $8,323,666 |
| 2020 | Globe Life Inc. (GL) | Co-Chairman and Former Chief Executive Officer\ | $1,007,981 | $8,443,364 |
| 2019 | Globe Life Inc. (GL) | Co-Chairman and Chief Executive Officer | $942,308 | $8,337,263 |
| 2018 | Globe Life Inc. (GL) | Co-Chairman and Chief Executive Officer | $920,386 | $7,797,408 |
| 2017 | Globe Life Inc. (GL) | Co-Chairman and Chief Executive Officer | $896,154 | $8,311,946 |
