CNO Financial Group, Inc. (NYSE:CNO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
announced that Edward J. Bonach will be retiring as Chief
Executive Officer and as a member of the Board of Directors of
CNO (the Board) effective December 31, 2017. In connection with
his retirement, the Board extended the term of Mr. Bonachs
employment agreement with the Company through December 31, 2017.
was appointed Chief Executive Officer of the Company, effective
January 1, 2018. Mr. Bhojwani will remain President of CNO
through December 31, 2017. The Board also elected him as a
Director, effective immediately, increasing the size of the Board
to 10 members.
attached hereto as Exhibit 99.1.
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Item 9.01(d).
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Financial Statements and Exhibits.
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99.1
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Press release of CNO Financial Group, Inc. dated May
16, 2017. |
About CNO Financial Group, Inc. (NYSE:CNO)
CNO Financial Group, Inc. is a holding company for a group of insurance companies operating across the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. It operates through three operating segments: Bankers Life, Washington National and Colonial Penn. The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products through a field force of career agents and sales managers supported by a network of sales offices. The Washington National segment markets and distributes supplemental health, including specified disease, accident and hospital indemnity insurance products, and life insurance. The Colonial Penn segment markets graded benefit and simplified issue life insurance through television advertising, direct mail, the Internet and telemarketing. CNO Financial Group, Inc. (NYSE:CNO) Recent Trading Information
CNO Financial Group, Inc. (NYSE:CNO) closed its last trading session 00.00 at 21.45 with 715,517 shares trading hands.
