United Fire Group, Inc. Reports on Annual Meeting of Shareholders
May 21 2021 - 11:00AM
United Fire Group, Inc. (Nasdaq: UFCS) (the "Company" or "UFG")
announced today that shareholders elected three Class C Directors
to our 11-member board of directors at the 2021 Annual Meeting of
Shareholders held on May 19, 2021.
The following individuals were each elected to serve three-year
terms expiring in 2024.
- Christopher R. Drahozal, John M.
Rounds Professor of Law at the University of Kansas School of
Law;
- Lura E. McBride, President & CEO
at Van Meter Inc.;
- George D. Milligan, President at The
Graham Group, Inc.
In other official business, our shareholders:
- ratified the appointment of Ernst
& Young LLP as the Company’s independent registered public
accounting firm for 2021;
- approved the United Fire Group, Inc.
2021 Stock and Incentive Plan; and
- approved, on an advisory basis, the
compensation of the Company's named executive officers.
Retirement of Director Jack B. Evans
According to our Bylaws, each director must
submit his or her resignation from the Board of Directors no later
than the first day of February after he or she reaches age 72, and
such resignation must be effective no later than the next Annual
Meeting. Pursuant to this policy, on February 1, 2021, Jack B.
Evans, Chairman of the Board of Directors, submitted his
resignation as a director effective immediately following the
Annual Meeting of Shareholders on May 19, 2021. Mr. Evans became
Chairman of our Board of Directors in October 2009. He has served
as a director since 1995 and as Vice Chairman from 1997 to 2009.
Mr. Evans has a very strong business background and has held the
position of Chairman of The Hall-Perrine Foundation since December
2018, a private philanthropic corporation located in Cedar Rapids,
Iowa. The Company thanks Mr. Evans for his many years of
distinguished service to the Company and its community. Mr. James
W. Noyce will succeed Mr. Evans as Chairman. Mr. Kyle D. Skogman
will succeed Mr. Noyce as Vice Chairman.
New Officer Elections
The Company is pleased to announce the following officer
elections at its subsidiary United Fire & Casualty Company
effective May 19, 2021:
Anthony G. Saylor
United Fire & Casualty Company elected Anthony G. Saylor as
Vice President.
Joshua D. Baron
United Fire & Casualty Company elected Joshua D. Baron as
Assistant Vice President.
Ryan M. Gardner
United Fire & Casualty Company elected Ryan M. Gardner as
Assistant Vice President.
Naomi A. Homrighausen
United Fire & Casualty Company elected Naomi A. Homrighausen
as Assistant Vice President.
Stephen V. Merkey
United Fire & Casualty Company elected Stephen V. Merkey as
Assistant Vice President.
Amy Rupp
United Fire & Casualty Company elected Amy Rupp as Assistant
Vice President.
Kyanna M. Saylor
United Fire & Casualty Company elected Kyanna M. Saylor as
Assistant Vice President.
Dominique Simeon
United Fire & Casualty Company elected Dominique Simeon as
Assistant Vice President.
Benjamin D. Williams
United Fire & Casualty Company elected Benjamin D. Williams
as Assistant Vice President.
About UFG
Founded in 1946 as United Fire & Casualty
Company, UFG, through its insurance company subsidiaries, is
engaged in the business of writing property and casualty
insurance.
Through our subsidiaries, we are licensed as a
property and casualty insurer in 50 states, plus the District of
Columbia, and we are represented by approximately 1,000 independent
agencies. A.M. Best Company assigns a rating of "A" (Excellent) for
members of the United Fire & Casualty Group.
For more information about UFG visit
www.ufginsurance.com.
Contact
Randy Patten, AVP & Controller, 319-286-2537 or
ir@unitedfiregroup.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4661d34a-fbbd-40f8-a7fb-c552a7b016fa
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