American Equity Investment Life Holding Company announced the appointment of Mike Hayes to its Board as an independent director. Following the appointment of Mr. Hayes, the Board will be comprised of 10 directors, eight of whom are independent. Mr. Hayes is currently Chief Operating Officer of VMware Inc., where he is responsible for worldwide business operations and the acceleration of VMware's SaaS transition.

Before joining VMware in October 2020, he served as Senior Vice President and Head of Strategic Operations for Cognizant Technologies, where he was a member of the 14-person executive leadership group and oversaw the company's business with banking and financial services firms, which generated approximately $2 billion in annual revenues. Mr. Hayes previously served as Chief of Staff to the CEO and Chief Operating Officer at investment management firm Bridgewater Associates from July 2013 to January 2017. Prior to joining the private sector, Mr. Hayes spent 20 years in the U.S. Navy SEALs, where his last role was Commanding Officer of SEAL Team TWO.

He served in the Bosnia, Kosovo, Iraq, and Afghanistan conflicts. Mr. Hayes was selected as a White House Fellow, served as Director of Defense Policy and Strategy at the National Security Council, and was the Deputy Commander for Special Operations in Anbar Province, Iraq. His military decorations include the Bronze Star for valor in combat in Iraq, a Bronze Star for Afghanistan, and the Defense Superior Service Medal from the White House.

Mr. Hayes also serves on the Boards of Directors of Immuta, a leader in data security, and the National Medal of Honor Museum, and serves as a Senior Advisor to Inherent Group and as a lifetime member of the Council on Foreign Relations. He holds a master's degree in Public Policy from Harvard's Kennedy School and a bachelor's degree in Mathematics from Holy Cross College.