TERRY S. JACOBS - Corporate Board Profile

AMERICAN FINANCIAL GROUP INC

Filing Date	Source Excerpt
2014-04-04	Terry S. Jacobs Age: 71 Director Since: 2003 Board Committees: Compensation (Chair) Audit Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005. From its founding in 1996 until September 2005, Mr. Jacobs was Chairman of the Board and CEO of Regent Communications, Inc., a holding company in the radio broadcasting business (Regent). Since September 2010, he has served as non-executive Chairman of the Board of Adelante Media Group, LLC, a private company which owns and operates radio and television stations and specializes in Spanish language programming. Mr. Jacobs is a Fellow of the Casualty Actuarial Society, a professional organization focused on applying actuarial science to property, casualty and similar risk exposures and is a Member of the American Academy of Actuaries. In 2009, receivers were appointed to administer two commercial real estate development projects, since sold, that were owned or managed by JFP Group, LLC or its affiliates. Mr. Jacobs service with Regent, as well as principal executive officer experience at two privately-held companies, qualify him for membership on the Companys Board and as an audit committee financial expert under SEC guidelines. Specifically, Mr. Jacobs position at Regent provided him with significant knowledge of and experience in capital management and allocation, public company financial statement preparation and strategic investment, the latter of which is also bolstered by Mr. Jacobs private equity experience. In his career, Mr. Jacobs has significant chief executive officer experience and has held board positions for 10 public companies, six private companies and nine charitable organizations. Through his professional memberships discussed above, Mr. Jacobs has developed significant experience in understanding and critically assessing risks in the property and casualty insurance industry, which the Board believes is valuable to the Company.
2015-03-27	Terry S. Jacobs Age: 72 Director Since: 2003 Board Committees: Compensation (Chair) Audit Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005.
2016-04-01	Terry S. Jacobs Age: 73 Director Since: 2003 Board Committees: Compensation (Chair) Audit Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005.
2017-04-07	Terry S. Jacobs Age: 74 Director Since: 2003 Board Committees: Compensation (Chair) Audit Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC.
2018-04-06	Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005. From its founding in 1996 until September 2005, Mr. Jacobs was Chairman of the Board and CEO of Regent Communications, Inc., a public holding company in the radio broadcasting business. From September 2010 through September 2015, he served as non-executive Chairman of the Board of Adelante Media Group, LLC, a private company which owns and operates radio and television stations and specializes in Spanish language programming. Mr. Jacobs is a Fellow of the Casualty Actuarial Society, a professional organization focused on applying actuarial science to property, casualty and similar risk exposures and is a Member of the American Academy of Actuaries. In 2009, receivers were appointed to administer two commercial real estate development projects, since sold, that were owned or managed by JFP Group, LLC or its affiliates. Mr. Jacobs principal executive officer experience qualifies him for membership on the Companys Board and as an audit committee financial expert under SEC guidelines. In his career, Mr. Jacobs has significant chief executive officer experience and has held board positions for 10 public companies, six private companies and nine charitable organizations. Mr. Jacobs has significant experience in understanding and critically assessing risks in the property and casualty insurance industry, which the Board believes is valuable to the Company.
2019-04-05	Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005. From its founding in 1996 until September 2005, Mr. Jacobs was Chairman of the Board and CEO of Regent Communications, Inc., a public holding company in the radio broadcasting business.
2020-04-03	Terry S. Jacobs Age: 77 Director Since: 2003 Board Committees: Compensation (Chair) Audit Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC... Mr. Jacobs’ principal executive officer experience qualifies him for membership on the Company’s Board and as an “audit committee financial expert” under SEC guidelines.
2021-04-02	Terry S. Jacobs Age: 78 Director Since: 2003 Board Committees: Compensation (Chair), Audit Summary of Director Compensation shows fees earned or paid in cash of $130,000, stock award of $143,169, total $273,169.
2022-04-04	Terry S. Jacobs Age: 79 Director Since 2003 Board Committees: Compensation (Chair) Audit Key Experience: Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005. From its founding in 1996 until September 2005, Mr. Jacobs was Chairman of the Board and CEO of Regent Communications, Inc., a public holding company in the radio broadcasting business. From September 2010 through September 2015, he served as non-executive Chairman of the Board of Adelante Media Group, LLC, a private company which owns and operates radio and television stations and specializes in Spanish language programming. Mr. Jacobs serves as Chair of the Actuarial Committee and a member of the Audit Committee of the Ohio Bureau of Workers’ Compensation (BWC) Board of Directors, is a Fellow of the Casualty Actuarial Society, a professional organization focused on applying actuarial science to property, casualty and similar risk exposures and is a Member of the American Academy of Actuaries.
2023-04-03	Terry S. Jacobs Mr. Jacobs has served as Chairman and CEO of The JFP Group, LLC, a real estate development company, since September 2005. From its founding in 1996 until September 2005, Mr. Jacobs was Chairman of the Board and CEO of Regent Communications, Inc., a public holding company in the radio broadcasting business. From September 2010 through September 2015, he served as non-executive Chairman of the Board of Adelante Media Group, LLC, a private company which owns and operates radio and television stations and specializes in Spanish language programming. Mr. Jacobs serves as Chair of the Actuarial Committee and a member of the Audit Committee of the Ohio Bureau of Workers’ Compensation (BWC) Board of Directors, is a Fellow of the Casualty Actuarial Society, a professional organization focused on applying actuarial science to property, casualty and similar risk exposures and is a Member of the American Academy of Actuaries. Mr. Jacobs’ principal executive officer experience qualifies him for membership on the Company’s Board and as an “audit committee financial expert” under SEC guidelines. In his career, Mr. Jacobs has significant chief executive officer experience and has held board positions for 10 public companies, six private companies and nine charitable organizations. Mr. Jacobs has significant experience in understanding and critically assessing risks in the property and casualty insurance industry, which the Board believes is valuable to the Company. Board of Directors and Committees There are 11 members on the Board of Directors. The Board met 8 times during 2022. Incumbent directors attended 100% of total Board and committee meetings to which he or she was appointed and served during 2022. The members of the Board are expected to be present at the annual meeting. All of the Directors attended last year’s annual meeting by remote communication which permitted their ability to respond to shareholder questions. The committees of the Board consist of the Audit Committee, Compensation Committee and Corporate Governance Committee. Each committee is governed by a charter that defines its role and responsibilities and are available on the Company’s website at www.AFGinc.com under “About Us—Leadership and Governance – Board Committees.” A printed copy of these charters may be obtained by shareholders upon written request addressed to the Company’s Secretary, at the address set forth under “Board Communications” in the Proxy Statement Summary. The following table identifies membership and the Chairperson of each of the current committees of the Board, as well as the number of times each committee met during 2022. Director Lead Independent Director Audit Committee Compensation Committee Corporate Governance Committee Terry S. Jacobs Member Member
2024-04-04	Terry S. Jacobs, Age 81, Director. Member of Audit Committee and Compensation Committee. Total compensation in 2023 was $314,250.