American Equity Mourns Death of Founder and Chairman of the Board David J. Noble
April 17 2017 - 1:13PM
Business Wire
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 EQUITYAmerican 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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version on businesswire.com: http://www.businesswire.com/news/home/20170417005696/en/
American Equity Investment Life Holding CompanySteven D.
Schwartz, 515-273-3763Vice President - Investor
Relationssschwartz@american-equity.com
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