Insurance
Aflac Executive Compensation (FY25)
AFL · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 7, 2026
227 figures on this page: 216 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Daniel Amos, Chairman and Chief Executive Officer, received $25,033,687 in total compensation for fiscal 2025, and compared with the $19,268,254 reported for fiscal 2024, Amos' total was 29.9% higher. The company reported a chief executive pay ratio of 396:1 for fiscal 2025, against median employee compensation of $63,153. The say-on-pay proposal drew 96.1% of votes cast for or against in favor at the meeting held May 4, 2026 for fiscal 2025. The disclosed peer group names Assurant, Inc., Brighthouse Financial, Chubb Limited, Corebridge Financial and Equitable Holdings, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Daniel Amos: $19,268,254 → $25,033,687 (29.9% higher)
Say-on-pay support: 96.6% → 96.1% (0.5 points lower)
CEO pay ratio: 274:1 → 396:1 (44.5% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Aflac's chief executive and what were they paid?
Daniel Amos, Chairman and Chief Executive Officer, received $25,033,687 in total compensation for fiscal 2025. Compared with the $19,268,254 reported for fiscal 2024, Amos' total was 29.9% higher.
What was Aflac's say-on-pay result?
The say-on-pay proposal drew 96.1% of votes cast for or against in favor at the meeting held May 4, 2026 for fiscal 2025.
Which companies are in Aflac's peer group?
The disclosed peer group names Assurant, Inc., Brighthouse Financial, Chubb Limited, Corebridge Financial and Equitable Holdings, among others.
What is Aflac's chief executive pay ratio?
The company reported a chief executive pay ratio of 396:1 for fiscal 2025, against median employee compensation of $63,153.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Daniel Amos Chairman and CEO | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Frederick Crawford President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Audrey Tillman Senior Executive Vice President, General Counsel | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Max Brodén Senior Executive Vice President, CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bradley Dyslin Executive Vice President, Global Chief Investment Officer; President, Aflac Global Investments | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Daniel Amos Chairman, CEO and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Max Brodén Executive Vice President, CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bradley Dyslin Executive Vice President, Global Chief Investment Officer; President, Aflac Global Investments | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Audrey Tillman Executive Vice President, General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Virgil Miller President, Aflac U.S. | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Daniel Amos Chairman and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Max Brodén Senior Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Virgil Miller President, Aflac Incorporated and Aflac U.S. | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bradley Dyslin Executive Vice President, Global Chief Investment Officer; President, Aflac Global Investments | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Audrey Tillman Senior Executive Vice President, General Counsel | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Audrey Boone Tillman | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Bradley E. Dyslin | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Bradley E. Dyslin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Daniel P. Amos | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Max K. Brod | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Virgil R. Miller | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Daniel Amos | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Audrey Tillman | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Max Brodén | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Bradley Dyslin | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Virgil Miller | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Michael A. Forrester | ◇ | ◇ | — | — | — | — | ◇ |
W. Paul Bowers Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Karole F. Lloyd | ◇ | ◇ | — | — | — | — | ◇ |
Joseph L. Moskowitz | ◇ | ◇ | — | — | — | — | ◇ |
Arthur R. Collins | ◇ | ◇ | — | — | — | — | ◇ |
Katherine T. Rohrer | ◇ | ◇ | — | — | — | — | ◇ |
Thomas J. Kenny | ◇ | ◇ | — | — | — | — | ◇ |
Georgette D. Kiser | ◇ | ◇ | — | — | — | — | ◇ |
Miwako Hosoda | ◇ | ◇ | — | — | — | — | ◇ |
Nobuchika Mori | ◇ | ◇ | — | — | — | — | ◇ |
Daniel P. Amos served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Restricted Stock.
Stock ownership guideline: 5x annual cash retainer ($675,000)
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Assurant, Inc. AIZ
- Brighthouse Financial BHF
- Chubb Limited CB
- Corebridge Financial CRBG
- Equitable Holdings EQH
- Humana Inc. HUM
- Lincoln National Corporation LNC
- Manulife Financial Corporation MFC
- MetLife, Inc. MET
- Principal Financial Group, Inc. PFG
- Prudential Financial, Inc. PRU
- The Allstate Corporation ALL
- The Hartford Financial Services Group, Inc. HIG
- The Progressive Corporation PGR
- The Travelers Companies, Inc. TRV
- Unum Group UNM
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 4, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 5, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 6, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 1, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 2, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 3, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 4, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 6, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 7, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 1, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 2, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Aflac disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Aflac sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
227 figures on this page: 216 cited to the filing that reported them, 11 calculated from figures it prints.
216 cited to the filing
11 calculated from the filing
Documents cited
- 0001628280-26-032022Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001628280-26-0196212025 Director Compensation · 2025 Grants of Plan-Based Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · and 3 more sections
- 0000004977-25-000114Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-25-0000592024 Summary Compensation Table
- 0000004977-24-000121Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-24-0000682023 Summary Compensation Table
- 0000004977-23-000118
- 0000004977-22-000086Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-21-000094Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-20-000085Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-19-000106Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-18-000095Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-17-000118Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000004977-16-000311Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Aflac executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/AFL (accessed 2026).
Short form: data: Velarion
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Insurance rankings
Peers Aflac discloses
The companies named in AFL's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}