Kemper Corporation (NYSE: KMPR)
announced today that effective immediately, Joseph P. Lacher, Jr., 46,
joined Kemper Corporation as President, Chief Executive Officer and a
member of the Kemper Board of Directors. The company also announced
today that Robert J. Joyce became non-executive Chairman of its Board of
Directors.
In conjunction with today’s appointments, Donald G. Southwell, who had
previously announced his plans to retire, has relinquished his positions
as Kemper’s Chairman, President and Chief Executive Officer as well as
his position on the Board of Directors. He is expected to serve as a
senior advisor to the company until his retirement on May 26, 2016.
“Joe is an experienced and well-regarded insurance executive with a
strong track record of delivering results. We are excited about Kemper’s
future, given Joe’s leadership ability and deep industry experience,
coupled with the strong Kemper team,” said Joyce. “We are proud of the
Kemper history and appreciate all Don’s accomplishments during these
past 20 years with the company.”
“I look forward to helping the Kemper team realize our full potential,”
said Lacher. “We are committed to fulfilling our promises to our
policyholders, enhancing the strong relationships with our agents and
delivering for our shareholders. This is a tremendous opportunity to
join an already strong Kemper team.”
Lacher previously served in several senior executive roles in the
insurance industry. He was President of Allstate Protection, where he
led all of the company’s property and casualty offerings serving more
than 17 million American households. Prior to Allstate, he spent 18
years at the Travelers Companies, most recently serving as Executive
Vice President of Personal Lines and Select Accounts. Lacher earned his
Bachelor of Science degree in Aerospace Engineering from the University
of Notre Dame.
About Kemper
The Kemper family of companies is one of the nation’s leading insurers.
With $8 billion in assets, Kemper is improving the world of insurance by
offering personalized solutions for individuals, families and
businesses. Kemper's businesses collectively:
-
Offer insurance for home, auto, life, health and valuables
-
Service six million policies
-
Are represented by 30,000 agents and brokers
-
Employ 6,000 associates dedicated to providing exceptional service
-
Are licensed to sell insurance in 50 states and the District of
Columbia
Learn more about Kemper.
Caution Regarding Forward-Looking Statements
This press release may contain or incorporate by reference information
that includes or is based on forward-looking statements within the
meaning of the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements give
expectations or forecasts of future events, and can be identified by the
fact that they relate to future actions, performance or results rather
than strictly to historical or current facts.
Any or all forward-looking statements may turn out to be wrong, and,
accordingly, readers are cautioned not to place undue reliance on such
statements, which speak only as of the date of this press release.
Forward-looking statements involve a number of risks and uncertainties
that are difficult to predict, and are not guarantees of future
performance. Among the general factors that could cause actual results
and financial condition to differ materially from estimated results and
financial condition are those listed in periodic reports filed by Kemper
with the Securities and Exchange Commission (the “SEC”). No assurances
can be given that the results and financial condition contemplated in
any forward-looking statements will be achieved or will be achieved in
any particular timetable. Kemper assumes no obligation to publicly
correct or update any forward-looking statements as a result of events
or developments subsequent to the date of this press release. The reader
is advised, however, to consult any further disclosures Kemper makes on
related subjects in its filings with the SEC.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151119006768/en/
Copyright Business Wire 2015