Globe Life Inc. (GL) company profile
Close on Nov 13, 2026Market cap $12.35BP/E 10.8Yield 0.67%
About Globe Life
Life Insurance, SIC 6311
Globe Life Inc. is an insurance holding company that provides life and supplemental health insurance products through multiple operating divisions, including Direct to Consumer, American Income Life, Liberty National, Family Heritage, and United American. Its core offerings comprise nonparticipating whole life and term life policies, Medicare Supplement coverage, and limited-benefit supplemental health plans protecting against specific conditions such as critical illness, cancer, and accidents. The company markets these offerings to lower-middle to middle-income individuals, working families, Medicare beneficiaries, labor unions, and affinity groups.
The company operates across the United States and maintains international branches and subsidiaries in Canada, New Zealand, and Bermuda. Globe Life reaches customers nationwide through direct mail, electronic and insert media, as well as an extensive distribution network of more than 17,000 independent contractor sales agents, exclusive agents, and independent brokers. Several primary subsidiaries maintain corporate offices in McKinney and Waco, Texas, as well as Cleveland, Ohio.
Summary of the business section of Globe Life's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Globe Life Inc.
- Founded
- 1979
- Headquarters
- Mckinney, TX
- Address
- 7677 Henneman Way 75070
- Phone
- (972) 569-4000
- Website
- globelifeinsurance.com
- Employees
- 3,695, Dec 31, 2025
- Industry
- Life Insurance
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Dallas, Texas
Stock & identifiers
- Ticker
- GL
- Other tickers
- GL.PD
- Former tickers
- TMK until Aug 8, 2019
- Exchange
- NYSE
- IPO date
- Oct 1, 1980
- Shares outstanding
- 77M, Jul 31, 2026
- Public float
- $10.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Jul 2, 2014; 3-for-2, Jul 5, 2011; 2-for-1, Aug 4, 1997; 3-for-2, Aug 20, 1992
- SEC CIK
- 320335
- CUSIP
- 37959E102
- ISIN
- US37959E1029
- FIGI
- BBG000BVD6X4
- Share class FIGI
- BBG001S5WRX4
- LEI
- 5493001JFHKQOPP6XA71
- EIN
- 63-0780404
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| James Matthew Darden | Co-Chairman & CEO, Director | 63,053 |
| Frank M. Svoboda | Co-Chairman & CEO, Director | 190,874 |
| Rebecca E. Zorn | EVP & Chief Talent Officer | 17,631 |
| Robert Edward Hensley | EVP & Chief Investment Officer | 12,384 |
| Michael Clay Majors | EVP - Chief Strategy Officer | 39,141 |
| Robert Brian Mitchell | EVP, General Counsel and CRO | 88,900 |
| Thomas Peter Kalmbach | EVP & CFO | 61,726 |
| Dolores L. Skarjune | EVP and Chief Admin. Officer | 16,596 |
| Michael Shane Henrie | SVP & Chief Accounting Officer | 4,114 |
| Jennifer Allison Haworth | EVP & Chief Marketing Officer | 23,770 |
| Robert Sweeney | EVP, Underwriting & Sales Adm. | 906 |
| Christopher Kyle Tyler | EVP and Chief Info Officer | 9,874 |
| Cheryl Alston | Director | 16,621 |
| Sandra L. Phillips | Director | 1,174 |
| Derek T. Kan | Director | 0 |
| Mark A. Blinn | Director | 3,043 |
| Matthew J. Adams | Director | 2,558 |
| James Brannen | Director | 10,103 |
| Philip M. Jacobs | Director | 2,563 |
| Marilyn A. Alexander | Director | 22,607 |
| David A. Rodriguez | Director | 7,226 |
| Mary E. Thigpen | Director | 18,747 |
| Linda Addison | Director | 20,406 |
| Alice S. Cho | Director | 5,877 |
| Steven Paul Johnson | Director | 17,275 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Darden | $9.07M | $15.99M | $3.63M | $154 | $201 |
| FY2025 Svoboda | $9.45M | $15.98M | $3.63M | $154 | $201 |
| FY2024 Darden | $8.46M | $8.13M | $3.14M | $121 | $190 |
| FY2024 Svoboda | $8.73M | $8.33M | $3.14M | $121 | $190 |
| FY2023 Darden | $6.86M | $6.04M | $2.86M | $131 | $158 |
| FY2023 Svoboda | $7.21M | $5.96M | $2.86M | $131 | $158 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Frank M. Svoboda Co-Chairman and Chief Executive Officer | $900.00K | $4.00M | $2.01M | $1.72M | $818.24K | $9.45M | +8% |
| J. Matthew Darden Co-Chairman and Chief Executive Officer | $900.00K | $4.00M | $2.01M | $1.72M | $430.17K | $9.07M | +7% |
| Thomas P. Kalmbach Executive Vice President and Chief Financial Officer | $684.13K | $1.62M | $666.66K | $645.00K | $573.17K | $4.18M | +22% |
| Michael C. Majors Executive Vice President and Chief Strategy Officer | $534.85K | $1.23M | $510.98K | $400.00K | $1.04M | $3.72M | +13% |
| R. Brian Mitchell Executive Vice President, General Counsel and Chief Risk Officer | $557.67K | $1.19M | $487.02K | $425.00K | $998.44K | $3.65M | +22% |
| Robert E. Hensley Executive Vice President and Chief Investment Officer | $554.65K | $1.20M | $495.01K | $435.00K | $278.97K | $2.96M | +5% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, the Company had 3,695 full-time, part-time, and temporary employees, a 1% decrease over the prior year.”
Corporate history
Events identified from SEC filings
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