Current Report Filing (8-k)
May 15 2017 - 5:05PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 15, 2017
CITIZENS, INC.
(Exact
name of registrant as specified in its charter)
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COLORADO
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0-16509
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84-0755371
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(State or other
jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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400 East Anderson Lane
Austin, Texas 78752
(Address of principal executive offices) (Zip Code)
(512) 837-7100
(Registrants telephone number, including area code)
Not Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to
Rule 14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to
Rule 14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to
Rule 13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 15, 2017, Citizens, Inc. (Citizens)
announced it added a new
C-level
officer role to its executive team by creating a Chief Accounting Officer position at the Company and hiring Jeff Conklin, age 47, for the role. Mr. Conklin was most
recently Vice President of Special Projects at American International Group, Inc. (AIG), Life & Retirement, Houston, and prior to that Director and then Vice President of Financial Reporting at AIG. His career at AIG spanned 13
years.
Mr. Conklin joins Citizens with over 25 years of life insurance and financial reporting experience, having worked at Zurich Life and Jackson
National Life prior to joining AIG. He joins a growing but experienced
C-level
Citizens team, which most recently included the addition of Terry Festervand, Citizens COO, who led the development and
implementation of a SOX compliance program throughout AIGs worldwide operations, prior to joining Citizens. In addition to financial reporting, Mr. Conklin brings Citizens expertise in budgeting, financial analysis and implementing
strategic accounting initiatives.
Mr. Conklins annual base salary will be $250,000 and he will receive a one time signing bonus of $10,000.
Mr. Conklin has not entered into an employment agreement with Citizens.
A copy of the press release issued by Citizens regarding this announcement
is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
99.1
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News Release issued by Citizens, Inc. on May 15, 2017.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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CITIZENS, INC
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By:
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/s/ Geoffrey M. Kolander
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Geoffrey M. Kolander
Chief Executive
Officer
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Date: May 15, 2017
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2
EXHIBIT INDEX
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Exhibit
No.
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Description
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99.1
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News Release issued by Citizens, Inc. on May 15, 2017.
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3
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