This report was published in July 2000. It should be considered outdated and is kept online for historical purposes only.

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Pioneer Profiles: George W. Bush's $100,000 Club
Name: Bob Devlin
Occupation: Chair, CEO, President, American General Financial Corp.
Industry: Insurance
Home: Houston, Texas

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Devlin is Houstonís highest paid executive, raking in more than $45 million per year. American General is one of the nationís biggest financial services companies; its businesses include life insurance, retirement services and consumer loans. Floridaís insurance commissioner ordered an American General subsidiary to stop charging blacks more than whites for the same life insurance coverage in early 2000. State regulators said they uncovered evidence that thousands of African-Americans in Florida have been victims of this racial discrimination for decades and were charged up to 33 percent more than whites for a policy. Devlin said the policies were issued by companies that American General had acquired and that American had just recently discovered the existence of such policies. 

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