American Equity (AEL) Says CEO Lost Cancer Battle

June 19, 2012 3:30 PM EDT
American Equity Investment Life Holding Company (NYSE: AEL), announced today that Wendy C. Waugaman, Chief Executive Officer and President and a member of the Company’s Board of Directors, passed away yesterday after a courageous battle with cancer.

David J. Noble, Executive Chairman, said, “We are deeply saddened by the loss of our respected colleague and friend. Wendy was dedicated to the success of American Equity and an industry leader in the fixed index annuity business. On behalf of everyone at American Equity, we offer our condolences to her family, and our thoughts and sympathies are with them at this difficult time.”

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