Patrick Baird - FG Annuities Independent Director

FG Stock  USD 36.52  1.41  4.02%   

Director

Mr. Patrick S. Baird is Independent Director of the Company. He joined the board of directors of FGL Holdings in November 2017. From March 2002 until his retirement in January 2010, Mr. Baird served as the President and Chief Executive Officer of AEGON USA, LLC, the U.S. subsidiary of AEGON N.V., a leading multinational insurance organization . He continues to serve AEGON with certain projects and is currently assisting AEGON with its expansion activities in Latin America. Mr. Baird joined the AEGON USA companies in 1976, and during his career also served as Executive Vice President and Chief Operating Officer, Chief Financial Officer and Chief Tax Officer. Mr. Baird currently serves as Chairman of QCR Holdings, Inc., a publicly traded community bank holding company in Moline, Illinois, and two of its subsidiaries, Cedar Rapids Bank and Trust Company and m2 Lease Funds. He is also a director of Lombard International, a specialty life insurance company based in Luxembourg and Philadelphia, Pennsylvania. Mr. Baird is a Commissioner for the Eastern Iowa Airport, a founding board member and Treasurer of the Zach Johnson Foundation and a member of the board of directors of the Creative Corridor Economic Development Partnership. He also served as a director of National Financial Partners Corporationration until its sale in 2013 since 2017.
Age 65
Tenure 7 years
Address 801 Grand Avenue, Des Moines, IA, United States, 50309
Phone515 330 3340
Webhttps://www.fglife.com
Baird holds a Bachelor of Business Administration from the University of Iowa and is a Certified Public Accountant .

FG Annuities Management Efficiency

The FG Annuities' current Return On Tangible Assets is estimated to increase to -0.001. The FG Annuities' current Return On Capital Employed is estimated to increase to -0.0031. At this time, FG Annuities' Non Currrent Assets Other are most likely to decrease significantly in the upcoming years. FG Annuities' management efficiency ratios could be used to measure how well FG Annuities manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 1.76 B of total liabilities with total debt to equity ratio (D/E) of 1.07, which is normal for its line of buisiness. FG Annuities Life has a current ratio of 1.46, which is generally considered normal. Debt can assist FG Annuities until it has trouble settling it off, either with new capital or with free cash flow. So, FG Annuities' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FG Annuities Life sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FG Annuities to invest in growth at high rates of return. When we think about FG Annuities' use of debt, we should always consider it together with cash and equity.

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FGL Holdings sells individual life insurance products and annuities in the United States. It sells its products through independent agents, managing general agents, and specialty brokerage firms, as well as various institutional markets. FGL Holdings is traded on New York Stock Exchange in the United States. FG Annuities Life (FG) is traded on New York Stock Exchange in USA. It is located in 801 Grand Avenue, Des Moines, IA, United States, 50309 and employs 1,165 people. FG Annuities is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

FG Annuities Life Leadership Team

Elected by the shareholders, the FG Annuities' board of directors comprises two types of representatives: FG Annuities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FG Annuities. The board's role is to monitor FG Annuities' management team and ensure that shareholders' interests are well served. FG Annuities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FG Annuities' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jodi Ahlman, General Secretary
John Currier, Senior Vice President and Chief Actuary
Willliam Foley, Co-Executive Chairman of the Board
Richard Massey, Independent Director
James Quella, Independent Director
Dennis Vigneau, Chief Financial Officer
Timothy Walsh, Independent Director
David Martin, SVP Officer
John II, Chief Officer
Catherine James, Senior Operations
Eric Marhoun, General Counsel, Secretary
Ted Hughes, Senior Officer
Daniel Farrelly, Senior Institutions
Chinh Chu, Co-Executive Chairman of the Board
Thomas Sanzone, Director
John Phelps, Senior Vice President and Chief Distribution Officer
William II, Executive Board
Matthew Christensen, Executive COO
Christopher Fleming, Senior Vice President - Operations and Technology
Leena CFA, Executive Officer
Dave Czerwonka, Senior Officer
David Ducommun, Secretary
Christopher Littlefield, President CEO, Director
Lisa FoxworthyParker, Senior Relations
Rosanne Boehm, Senior Vice President - Human Resources
Bonnie Wasgatt, Chief Operating Officer
Menes Chee, Director
Christopher Blunt, President, Chief Executive Officer, Director
David CFA, SVP Officer
Renee Hamlen, Chief Officer
Mark Wiltse, Senior Officer
Ron Barrett, Senior Distribution
William Foley, Co-Executive Chairman of the Board
Douglas Newton, CFO
Wendy Young, Chief Officer
Patrick Baird, Independent Director
Keith Abell, Independent Director
John Fleurant, Chief Financial Officer

FG Annuities Stock Performance Indicators

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When determining whether FG Annuities Life offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FG Annuities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fg Annuities Life Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fg Annuities Life Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the FG Annuities Life information on this page should be used as a complementary analysis to other FG Annuities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running FG Annuities' price analysis, check to measure FG Annuities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FG Annuities is operating at the current time. Most of FG Annuities' value examination focuses on studying past and present price action to predict the probability of FG Annuities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FG Annuities' price. Additionally, you may evaluate how the addition of FG Annuities to your portfolios can decrease your overall portfolio volatility.
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Is FG Annuities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FG Annuities. If investors know FG Annuities will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FG Annuities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.638
Dividend Share
0.82
Earnings Share
(0.47)
Revenue Per Share
36.589
Quarterly Revenue Growth
1.498
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.