Protective Announces New Directors and Declares Quarterly Dividend
February 07 2011 - 5:21PM
Business Wire
Protective Life Corporation (NYSE: PL) ("Protective") today
announced that Robert O. Burton, President of Hoar Construction and
Jesse J. Spikes, Senior Counsel at McKenna Long & Aldridge LLP
have joined the Company's Board of Directors.
Mr. Burton is President and Chief Executive Officer of Hoar
Construction, LLC. Hoar is headquartered in Birmingham, Alabama and
operates throughout the United States as a leading provider of
construction management, general contracting, program management,
pre-construction and design/build services.
Mr. Spikes is Senior Counsel at McKenna Long & Aldridge LLP.
McKenna Long is an international law firm. From offices in nine
U.S. cities and Brussels, Belgium, its 475 attorneys and
professionals provide a diverse array of services to clients.
John D. Johns, Chairman, President and Chief Executive Officer
of Protective commented: “We are delighted to have Rob Burton and
Jesse Spikes join our Board of Directors. Both are highly
accomplished and well respected in their fields. The Company will
benefit greatly from their experience and perspectives on complex
business and legal issues.”
At its meeting today, the Board of Directors also declared a
quarterly dividend of $0.14 per share to be paid February 28, 2011,
to share owners of record at the close of business on February 11,
2011.
About Protective Life Corporation
Protective Life Corporation provides financial services through
the production, distribution and administration of insurance and
investment products throughout the United States. It has annual
revenues of approximately $3.1 billion and as of December 31,
2009 had assets of approximately $42.3 billion.
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