How III was paid
$11M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Carl H. Lindner IIICo-Chief Executive Officer (Co-Principal Executive Officer) | $1,250,000 | $1,500,009 | $6,454,770 | $1,837,764 | $11,042,543 |
| S. Craig LindnerCo-Chief Executive Officer (Co-Principal Executive Officer) | $1,250,000 | $1,500,009 | $6,454,770 | $1,943,517 | $11,148,296 |
| John B. BerdingPresident of AFG and American Money Management | $1,050,000 | $1,175,044 | $4,380,528 | $389,229 | $6,994,801 |
| Brian S. HertzmanSenior Vice President and Chief Financial Officer | $550,000 | $400,051 | $453,390 | $123,210 | $1,526,651 |
| David L. ThompsonPresident and Chief Operating Officer of Great American Insurance Group | $800,000 | $600,077 | $1,041,900 | $219,130 | $2,661,106 |
| Mark A. WeissSenior Vice President and General Counsel | $580,000 | $400,051 | $431,800 | $95,408 | $1,507,259 |
What changed and why
- $11MCarl H. Lindner III received total compensation of $11,042,543 for 2025, representing a decrease from the prior year.
- $11.1MS. Craig Lindner received total compensation of $11,148,296 for 2025, also reflecting a decrease from the prior year.
- 93%Shareholders approved the named executive officer compensation with approximately 93% support at the previous advisory vote.
- The Compensation Committee maintained challenging incentive goals tied to operating EPS, core ROE, and relative GBVPS.
- The company has no employment agreements, severance agreements, or change-in-control agreements with any of its executive officers.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.