CARMEL, Ind., Feb. 27, 2017 /PRNewswire/ -- CNO Financial
Group, Inc. (NYSE: CNO) announced today that its board of directors
has nominated Stephen N. David to
stand for election to the board at the company's annual meeting of
shareholders on May 10, 2017. He
would fill the vacancy resulting from the retirement of director
Michael Tokarz, effective at the
annual meeting. The other eight current directors have been
nominated for re-election at the meeting.
Mr. David, 68, has been a Senior Advisor with The Boston
Consulting Group since 2005, providing strategic planning services
in sales, marketing and technology to a variety of clients across
multiple industries, including financial services. He retired in
2005 after 34 years with Procter & Gamble ("P&G").
During his P&G career Mr. David held multiple senior management
positions including Chief Information Officer, Global Customer
Development Officer, and Senior Vice President, Business
Development. He previously served on the board of Iomega
Corporation, a consumer technology company, from 2002 until its
acquisition in 2008 and as a director of Checkpoint Systems, Inc.,
which provides merchandise availability solutions for the retail
industry, from 2012 until its acquisition in 2016. Mr. David
received a bachelor's degree in business administration from the
University of Nebraska in
1970.
CNO Chairman Neal Schneider said,
"We are very pleased and excited that Steve has agreed to join the
CNO board. He brings a wealth of experience and skills which fit
well with CNO's strategy and focus on serving the evolving needs of
our middle-income market. He will be a valuable asset as we
continue to grow our business and deliver value to shareholders. I
would also like to personally thank Mike, with whom I have had the
pleasure of working on the CNO board since 2003, for his many
contributions to the board and to CNO. His presence will certainly
be missed."
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.