CARMEL, Ind., June 18, 2015 /PRNewswire/ -- CNO Financial
Group, Inc. has received 2020 Women on Board's highest honor – a
Winning (W) rating – for the gender diversity of its board of
directors. Two of the nine (22 percent) directors on CNO Financial
Group's board are women.
Ellyn Brown joined CNO Financial
Group's board of directors in May
2012. Ms. Brown has served on a number of other boards of
public and not-for-profit entities, including NYSE-Euronext (the
owner of the New York Stock Exchange, prior to its acquisition by
ICE), the Financial Industry Regulatory Authority (FINRA), and the
Financial Accounting Foundation (parent of FASB and GASB), and
previously chaired the board of NYSE Regulation, Inc. Prior to her
retirement from an active law and consulting practice, she provided
legal, operations, regulatory and governance advice to financial
services industry clients and other enterprises operating in
heavily-regulated, high-scrutiny environments, and worked with
companies undertaking significant transformations.
Nina Henderson joined CNO
Financial Group's board of directors in August 2012. Henderson is a retired Corporate
Vice President of Bestfoods. During her 30 year career with
Bestfoods (predecessor CPC International) she held numerous general
management and executive marketing positions including CVP and
President Bestfoods Grocery, CVP and President Bestfoods Specialty
Markets, CVP Global Business Development. She is currently a
director of Regus plc and Walter Energy. Previously, Ms. Henderson
served on the boards of AXA Financial (including the Equitable
Company, Alliance Bernstein and DLJ), Royal
Dutch Shell plc, Del Monte Foods and Pactiv Corporation
boards.
"CNO is committed to gender diversity and we're proud of our 'W'
status," said Ed Bonach, CEO of CNO
Financial Group. "Ellyn and Nina epitomize the depth of knowledge
and expertise women can bring to a board of directors, and we're
honored they're part of overseeing our corporation."
The cornerstone of the 2020 Women on Boards campaign is the 2020
Gender Diversity Directory, a national database of public and
private companies that are categorized based on the gender
composition of their boards. Companies are ranked in four
categories:
- W (winning) – Females represent more than 20 percent of the
Board
- V (very close) – Between 11 and 19 percent of Board members are
women
- T (token) – One woman on the Board
- Z (zero) – Zero female Board members
"We are delighted that CNO Financial Group is a Winning 'W'
company and congratulate them for their commitment to good
corporate governance, boardroom diversity and women's advancement,"
said Malli Gero, president and
co-founder of 2020 Women on Boards. "We look forward to seeing them
on the 'W' list for years to come."
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.
About 2020 Women on Boards
Founded in Boston in 2010, 2020 Women on Boards is the
national campaign to increase the percentage of women on U.S.
company boards to 20 percent or greater by the year 2020. More
information is available at www.2020wob.com.
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SOURCE CNO Financial Group, Inc.