Kemper Names Former USAA CEO Stuart Parker to Board of Directors
November 02 2020 - 5:15AM
Business Wire
Kemper Corporation (NYSE: KMPR) announced today that its board
of directors has elected former USAA CEO Stuart Parker as a
director.
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the full release here:
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Stuart Parker (Photo: Business Wire)
Parker served as Chief Executive Officer for USAA from 2015
until his retirement in February 2020. He spent more than 21 years
with USAA in roles including Chief Operating Officer, Chief
Financial Officer, President of the Property & Casualty
Insurance Group, and President of Financial Planning Services. He
has a bachelor’s degree in business administration from Valdosta
State University and an MBA from St. Mary’s University. Parker was
a distinguished graduate of the Air Force ROTC program and served
in the U.S. Air Force for nearly 10 years, serving in Operations
Desert Shield and Desert Storm.
“Stuart’s experience as an insurance industry CEO and his
extensive track record as an accomplished leader make him a
valuable addition to our board,” said Board Chairman Robert J.
Joyce. “We look forward to the operational knowledge and
perspective he will bring to Kemper.”
“Stuart’s high level of expertise and deep understanding of the
insurance business will be a great asset to our board,” said Joseph
P. Lacher, Jr., President and CEO. “His success in advancing
strategy through transformational customer service, accelerating
product development, and digital innovation will be immensely
beneficial to further Kemper’s growth strategy.”
Parker will be a member of the board’s Audit Committee, and his
appointment expands the board to 11 directors, nine of whom are
independent.
“I’m excited for the opportunity to join Kemper’s board, a
company I admire for its strong track record of delivering value
for their stakeholders,” said Parker. “Kemper’s strategic focus on
long-term profitable growth has the company well-positioned for the
future and I look forward to partnering with the board and the
dynamic leadership team as they continue the upward
trajectory.”
About Kemper
The Kemper (NYSE: KMPR) family of companies is one of the
nation’s leading specialized insurers. With nearly $13.5 billion in
assets, Kemper is improving the world of insurance by providing
affordable and easy-to-use personalized solutions to individuals,
families and businesses through its Auto, Personal Insurance, Life
and Health brands. Kemper serves over 6.4 million policies, is
represented by more than 30,000 agents and brokers, and has 9,300
associates dedicated to meeting the ever-changing needs of its
customers.
Learn more about Kemper.
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version on businesswire.com: https://www.businesswire.com/news/home/20201102005245/en/
News Media: Barbara Ciesemier, 312.661.4521,
bciesemier@kemper.com Investors: Christine Patrick,
312.661.4803, cpatrick@kemper.com
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