CARMEL, Ind., March 12, 2015 /PRNewswire/ -- CNO Financial
Group, Inc. (NYSE: CNO) announced today that its board of directors
has nominated Daniel R. Maurer and
Charles J. Jacklin to stand for
election as directors at the company's annual meeting of
shareholders on May 6, 2015.
They would fill the vacancies resulting from the retirement of
directors Keith Long and
John Turner, effective at the annual
meeting. The other seven current directors have been
nominated for re-election at the meeting.
Mr. Maurer, 58, was a member of the senior management team at
Intuit Inc. from 2006 until his retirement in 2014. In his
most recent role at Intuit, he oversaw the Small Business Solutions
Group (including QuickBooks payroll, DemandForce, and QuickBase),
and previously led the TurboTax®, Mint, and Quicken brands.
Mr. Maurer has extensive global consumer retail sales and
marketing experience with over 20 years in executive management at
Procter & Gamble ("P&G"), including 15 years
internationally. As General Manager of Global Customer Development
at P&G's headquarters, he was tasked with building an effective
marketing strategy to achieve a competitive advantage with
P&G's largest global customers including Wal-Mart, Costco,
Ahold, Tessco, and Carrefour. Subsequent to his tenure at
P&G, Mr. Maurer was Vice President of Strategy for Global Sales
and US Business at Campbell's Soup.
He has served since 2012 on the board of directors of Zagg
Inc, which designs, produces and distributes mobile accessory
solutions, and he was a director of Iomega Corporation, a consumer
technology company, from 2006 until its acquisition by EMC
Corporation in 2008. Mr. Maurer received a bachelor's degree
in marketing and finance from the University
of Wisconsin in 1978.
Mr. Jacklin, 60, has more than 30 years of finance and
investment experience. He served as Chief Executive Officer
and President of Mellon Capital Management Corporation from 2006
until March 2011 and then served as
Chairman until his retirement at the end of 2012. Mr. Jacklin
also held several other executive management positions in his 18
years with Mellon Capital Management including chief investment
strategist, where he was responsible for investment strategies and
research, and director of asset allocation strategies, where he was
responsible for portfolio management in domestic, international and
global asset allocation strategies. He also taught finance
and investment strategy for 10 years at the University of Chicago and Stanford University Schools of Business. Mr.
Jacklin received a bachelor's degree in mathematics from the
University of Maryland in 1976, an MBA
from the University of Illinois in 1978
and a PhD in business administration from Stanford University in 1985.
CNO Chairman Neal Schneider said,
"We are very pleased and excited that Dan and Charlie have agreed
to join the CNO board. Each brings a wealth of experience and
skills which fit well with CNO's strategy and focus on serving the
needs of our middle-income market and continuing to deliver value
to our shareholders. I would also like to personally thank
John and Keith for their many valuable contributions to the board
and to CNO and its shareholders. Their presence will be
missed by all."
About CNO Financial Group
CNO Financial Group, Inc.
(NYSE: CNO) is a holding company. Our insurance subsidiaries
– principally Bankers Life and Casualty Company, Colonial Penn Life
Insurance Company and Washington National Insurance Company –
primarily serve middle-income pre-retiree and retired Americans by
helping them protect against financial adversity and provide for a
more secure retirement. For more information, visit CNO
online at www.CNOinc.com.
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SOURCE CNO Financial Group, Inc.