Duncan Jackman, Chairman, Chief Executive Officer and President of E-L Financial
Corporation Limited ("E-L") (TSX:ELF) (TSX:ELF.PR.F) (TSX:ELF.PR.G)
(TSX:ELF.PR.H) and Chairman of the Board of Directors of The Empire Life
Insurance Company (Empire Life) is pleased to announce the appointment of Mark
Sylvia as President and Chief Executive Officer of Empire Life effective June 2,
2014. Mr. Sylvia will succeed Les Herr, who will be stepping down as CEO at the
end of May.


"Mr. Sylvia has an impressive track record of leading and growing mid-sized and
specialty insurance companies in Canada by focusing on service, simplicity and
strategic partnerships," says Mr. Jackman. "Empire Life posted record earnings
in 2013 and continues to be a well-managed and well-capitalized company. The
Board is confident that Mr. Sylvia will build on the current strength of the
company while leading Empire Life to its next phase of growth and success." 


Mr. Sylvia comes to Empire Life from his current role as President of Clarity
Underwriting Managers Inc., an insurance consultancy firm he founded in 2010.
From 1999 to 2010 he served as Chief Executive Officer of Echelon General
Insurance Company, President & Chief Operating Officer of Trent Health Insurance
Service Corp and Canadian Insurance Marketing Inc., all of which were affiliated
companies of EGI Financial Holdings Inc. From 1988 until 1999 Mr. Sylvia was
President and Chief Executive Officer of Hartford Life Insurance Company of
Canada.  


Mr. Sylvia is a Fellow Chartered Insurance Professional (1979) of the Insurance
Institute of Canada, and a Fellow of the Life Management Institute (1994) of the
Life Office Management Association Inc., and is a member of the American Society
of Safety Engineers and the Society for Risk Analysis. 


About Empire Life: 

A subsidiary of E-L Financial Corporation Limited and in business since 1923,
Empire Life helps Canadians build wealth and protect their financial security
with competitive individual and group life and health insurance, investment and
retirement products. The company's vision is to be known for simplicity, being
easy to do business with and having a personal touch.


FOR FURTHER INFORMATION PLEASE CONTACT: 
The Empire Life Insurance Company
Laurie Swinton
Director, Communication Services
(613) 548-1890, ext. 3374
laurie.swinton@empire.ca


E-L Financial Corporation Limited
Richard B. Carty
Vice-President, General Counsel and Corporate Secretary
(416) 947-2578
(416) 362-2592 (FAX)

E L Financial (TSX:ELF)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more E L Financial Charts.
E L Financial (TSX:ELF)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more E L Financial Charts.