Aflac Inc - Additional Proxy Soliciting Materials (definitive) (DEFA14A)
March 24 2008 - 4:01PM
Edgar (US Regulatory)
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section
14(a) of the
Securities Exchange Act of 1934 (Amendment No. )
Filed by the Registrant
[x]
Filed by a Party other than the Registrant
[_]
Check the appropriate
box:
[_] Preliminary Proxy
Statement
[_] Soliciting Material Under
Rule
[_] Confidential, For Use of
the
14a-12
Commission Only (as permitted
by Rule 14a-6(e)(2))
[_]
Definitive Proxy Statement
[x] Definitive Additional
Materials
AFLAC
INCORPORATED
------------------------------------------------------------------------------------------------------------------------------------------------------
(Name of Registrant as Specified In Its
Charter)
------------------------------------------------------------------------------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy
Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the
appropriate box):
[x] No fee
required.
[_] Fee computed on table below per
Exchange Act Rules 14a-6(i)(4) and 0-11.
1) Title of each class of
securities to which transaction applies:
____________________________________________________________________________________
2) Aggregate number of securities to which transaction
applies:
3) Per
unit price or other underlying value of transaction computed
pursuant
to Exchange Act
Rule 0-11 (set forth the
amount on which the filing
fee is
calculated
and state how it was determined):
4) Proposed maximum aggregate value of
transaction:
____________________________________________________________________________________
5) Total fee paid:
[_]
Fee paid previously with preliminary materials:
[_] Check box if any part of the fee is
offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for
which
the offsetting fee was paid
previously. Identify the previous filing by registration
statement number,
or the
form or
schedule and the date of its
filing.
____________________________________________________________________________________
1) Amount previously
paid:
____________________________________________________________________________________
2) Form, Schedule or
Registration Statement No.:
____________________________________________________________________________________
3) Filing Party:
____________________________________________________________________________________
4) Date Filed:
News Release
Media
Contacts:
|
Analyst
and Investment Contact:
|
Laura
Kane
|
Kenneth S.
Janke Jr.
|
Aflac
Incorporated
|
Aflac
Incorporated
|
706.596.3493
|
800.235.2667, Option 3; Fax: 706.324.6330
|
lkane@aflac.com
|
kjanke@aflac.com
|
FOR IMMEDIATE
RELEASE
First Say-on-Pay Vote Goes to Aflac
Shareholders
Columbus, Ga. March 24, 2008
Aflac Incorporateds
board of directors has released the proxy statement language formally inviting
shareholders to vote on the companys performance based compensation. The action
marks the first time shareholders will vote on executive compensation for a
major American public company. Aflac will announce the results of the vote on
May 5, 2008, during the annual shareholders meeting in Columbus, Georgia, where
the company is headquartered.
Aflac has always been committed to
listening to its shareholders, said Daniel P. Amos, Aflac Chairman and CEO.
The upcoming say-on-pay proposal demonstrates that we care about what our
shareholders think, even on topics as sensitive as compensation.
In February 2007, Aflac announced the
shareholder vote would occur in 2009, the first year executive compensation
tables in the proxy statement would contain three years of data reflecting the
Securities and Exchange Commission's (SEC) new compensation disclosure
requirements implemented during the 2006 proxy season. However, after evaluating
Aflac's compensation disclosures in the 2007 proxy statement, the board of
directors concluded that two years of comparable compensation data would be
adequate for its shareholders, and the timing of the first say-on-pay vote
moved from 2009 to 2008.
In Aflacs just-released 2008 proxy
statement, the executive compensation committee explains, We believe that our
compensation policies and procedures are centered on a pay-for-performance
culture and are strongly aligned with the long-term interests of our
shareholders. The proxy is available at
www.aflac.com/shareholdermeeting.
From August 1990, when Amos was
appointed as Aflacs chief executive officer, through December 2007, the
companys total return to shareholders, including reinvested cash dividends, has
exceeded 3,867 percent, compared with 660 percent for the Dow Jones Industrial
Average and 549 percent for the S&P 500. During the same period, the
companys market value has grown from $1.2 billion to $30.5 billion.
For more than 50 years, Aflac
products have given policyholders the opportunity to direct cash where it is
needed most when a life-interrupting medical event causes financial challenges.
Aflac is the number one provider of guaranteed-renewable insurance in the United
States and the number one insurance company in terms of individual insurance
policies in force in Japan. Its insurance products provide protection to more
than 40 million people worldwide. Aflac has been included in
Fortune
magazine's listing of America's Most Admired Companies for seven years
and in
Fortune
magazine's list of the 100 Best Companies to Work for in
America for ten consecutive years. Aflac also has been recognized three times by
both
Fortune
magazine's listing of the Top 50 Employers for Minorities
and
Working Mother
magazine's listing of the 100 Best Companies for Working
Mothers. Aflac Incorporated is a Fortune 500 company listed on the New York
Stock Exchange under the symbol AFL. To find out more about Aflac, visit
aflac.com.
#
AFLAC (NYSE:AFL)
Historical Stock Chart
From May 2024 to Jun 2024
AFLAC (NYSE:AFL)
Historical Stock Chart
From Jun 2023 to Jun 2024