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CNO Financial Group Inc (CNO.N)

CNO.N on New York Stock Exchange

17.75USD
30 Oct 2020
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Summary

Name Age Since Current Position

Daniel Maurer

63 2018 Independent Chairman of the Board

Gary Bhojwani

52 2018 Chief Executive Officer, Director

Paul McDonough

55 2019 Chief Financial Officer

Scott Goldberg

49 2020 President of Consumer Division

Michael Heard

54 2020 President of the Worksite Division

Joel Schwartz

56 2017 President - Colonial Penn Segment

Bruce Baude

55 2012 Chief Operating Officer, Chief Technology Officer

Yvonne Franzese

61 2017 Chief Human Resource Officer

John Kline

62 2002 Chief Accounting Officer

Eric Johnson

60 2003 Chief Investment Officer

Rocco Tarasi

48 2019 Chief Marketing Officer

Karen Detoro

48 2020 Chief Risk Officer, Chief Actuary

Matthew Zimpfer

52 2008 General Counsel

Ellyn Brown

70 2012 Independent Director

Stephen David

71 2017 Independent Director

David Foss

58 2019 Independent Director

Robert Greving

68 2011 Independent Director

Mary Henderson

69 2012 Independent Director

Charles Jacklin

65 2015 Independent Director

Frederick Sievert

72 2011 Independent Director

Jennifer Childe

2018 Vice President, Investor Relations

Biographies

Name Description

Daniel Maurer

Mr. Daniel R. Maurer is an Independent Chairman of the Board of CNO Financial Group, Inc. He joined our Board in May 2015. Mr. Maurer was a member of the senior management team at Intuit Inc. from 2006 until his retirement in 2014. In his most recent role at Intuit, he oversaw the Small Business Solutions Group (including QuickBooks payroll, DemandForce, and QuickBase), and previously led the TurboTax®, Mint, and Quicken brands. Mr. Maurer has extensive global consumer retail sales and marketing experience with over 20 years in executive management at Procter & Gamble ("P&G"), including 15 years internationally. As General Manager of Global Customer Development at P&G's headquarters, he was tasked with building an effective marketing strategy to achieve a competitive advantage with P&G's largest global customers including Wal-Mart, Costco, Ahold, Tessco, and Carrefour. Subsequent to his tenure at P&G, Mr. Maurer was Vice President of Strategy for Global Sales and US Business at Campbell's Soup. He has served since 2012 on the board of directors of Zagg Inc, which designs, produces and distributes mobile accessory solutions, and served as a director of Checkpoint Systems, Inc., which provides merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility, from January 2016 until the completion of the sale of the company in May 2016. Previously, Mr. Maurer served as a director of Iomega Corporation, a consumer technology company, from 2006 until its acquisition in 2008. With respect to Mr. Maurer's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive experience in marketing and marketing strategy, including the use of digital marketing strategies to reach the middle market.

Gary Bhojwani

Mr. Gary C. Bhojwani serves as Chief Executive Officer, Director of the Company. He has been chief executive officer of CNO since January 1, 2018 and a director since May 2017. He served as president of CNO from April 2016 through December 2017. Mr. Bhojwani served as a Member of the Board of Management at Allianz SE, and as Chairman of Allianz of America, Allianz Life Insurance Company, and Fireman's Fund Insurance Company from 2012 to January 1, 2015. From 2007 to 2012, he served as Chief Executive Officer of Allianz Life Insurance Company of North America. From April 2015 until joining CNO, Mr. Bhojwani served as Chief Executive Officer of GCB, LLC, an insurance and financial services consulting company that he founded. He has been a director of Hormel Foods Corporation since 2014. With respect to Mr. Bhojwani's nomination for re-election, the Board and the Governance and Nominating Committee considered his experience as chief executive officer of the Company and his extensive insurance, sales and executive management experience.

Paul McDonough

Mr. Paul H. McDonough has been appointed as Chief Financial Officer of the company, Effective April 01, 2019. McDonough brings nearly thirty years of public company finance and twenty years of insurance industry expertise to CNO. Most recently he served as executive vice president and chief financial officer for OneBeacon Insurance Group. He succeeds Erik Helding, who is leaving his current role as of March 29, 2019 to pursue other opportunities.

Scott Goldberg

Mr. Scott L. Goldberg serves as President of Consumer Division of the Company. President of Bankers Life. Mr. Goldberg has held various other positions since joining CNO in 2004.

Michael Heard

Mr. Michael D. Heard serves as President of the Worksite Division of the Company. Heard, who served previously as Senior Vice President of Enterprise Operations for CNO. Prior to joining CNO in 2013, Heard spent eight years at Genworth Financial in senior leadership positions, most recently as Senior Vice President, Business Strategy & Product Support, and has held a variety of claims, service, and operations roles for GE Financial. He earned both an M.S. and B.S. in Industrial Engineering from Purdue University.

Joel Schwartz

Mr. Joel H. Schwartz serves as President - Colonial Penn Segment of the Company. Schwartz served previously as Vice President, Finance and Administration for Colonial Penn. He joined CNO in 2014, after serving as Senior Vice President and CFO for Lincoln Financial Distributors, a division of Lincoln Financial Group. He earned a BS in Business Administration from Villanova University.

Bruce Baude

Mr. Bruce Baude serves as Chief Operating Officer, Chief Technology Officer of the Company. Since July 2012, executive vice president, chief operations and technology officer. From 2008 to 2012, Mr. Baude was chief operating officer at Univita Health..

Yvonne Franzese

Ms. Yvonne K. Franzese serves as Chief Human Resource Officer of the Company. From 2016 until joining CNO, chief human capital officer of TCF Bank. From 2007 to 2016, Ms. Franzese held various human resource positions at Allianz, including the chief human resources role for Allianz of North America.

John Kline

Mr. John R. Kline serves as Chief Accounting Officer of the Company. Since July 2002, senior vice president and chief accounting officer. Mr. Kline has served in various accounting and finance capacities with CNO since 1990.

Eric Johnson

Mr. Eric R. Johnson serves as Chief Investment Officer of the Company. Since September 2003, executive vice president and chief investment officer of CNO and president and chief executive officer of 40|86 Advisors, CNO's wholly-owned registered investment advisor. Since January 2018, executive in charge of corporate development activities. Mr. Johnson has held various investment management positions since joining CNO in 1997.

Rocco Tarasi

Mr. Rocco Tarasi has been appointed as Chief Marketing Officer of the company, Effective April 01, 2019. From 2017 to March 2019, vice president of finance and operations for Bankers Life. Prior to joining CNO, he held various positions from October 2011 until September 2016, including interim chief financial officer beginning in August 2015 and chief financial officer beginning in January 2016, with ITT Financial Services, Inc., which filed for Chapter 7 Bankruptcy in September 2016.

Karen Detoro

Ms. Karen J. Detoro has been appointed as Chief Risk Officer, Chief Actuary of the Company effective 6/15/2020. DeToro joined CNO Financial Group as chief actuary in September 2019. She held executive leadership positions at New York Life from 2013 to 2019. From 2006 to 2013, she was with Deloitte Consulting, where she led its Insurance Enterprise Risk Management (ERM) and Actuarial Transformation initiatives

Matthew Zimpfer

Mr. Matthew J. Zimpfer serves as General Counsel of the Company. Since June 2008, executive vice president and general counsel. Mr. Zimpfer has held various legal positions since joining CNO in 1998.

Ellyn Brown

Ms. Ellyn L. Brown is an Independent Director of CNO Financial Group, Inc. Until her retirement from full-time law practice, Ms. Brown practiced corporate and securities law, most recently as principal of Brown & Associates, a boutique law and consulting firm that provided operations, regulatory and governance services to financial services industry clients and other clients that operated in heavily regulated, high-scrutiny environments. Ms. Brown served as a member of the board of directors of NYSE Euronext (and predecessor companies) (NYSE:NYX) from 2005 until the acquisition of NYX by the Intercontinental Exchange in 2013, and also chaired the board of NYSE Regulation, Inc., the entity that oversaw market regulation at the NYSE and its affiliated exchanges. She joined the board of trustees of Brinker Capital Destinations Trust in January 2017, and became chair of that board in April 2018, and was a member of the board of directors of Walter Investment Management Corp. from 2009-2017. Ms. Brown served as a governor of the Financial Industry Regulatory Authority from 2007-2012 and, from 2007-2011, was a trustee of the Financial Accounting Foundation, the parent entity of the Financial Accounting Standards Board and the Governmental Accounting Standards Board. With respect to Ms. Brown's nomination for re-election, the Board and the Governance and Nominating Committee considered her extensive financial industry, legal and regulatory experience.

Stephen David

Mr. Stephen N. David is Independent Director of the Company. Mr. David has been a Senior Advisor with The Boston Consulting Group since 2005, providing strategic planning services in sales, marketing and technology to a variety of clients across multiple industries, including financial services. He retired in 2005 after 34 years with Procter & Gamble ("P&G"). During his P&G career Mr. David held multiple senior management positions including Chief Information Officer, Global Customer Development Officer, and Senior Vice President, Business Development. He served as a director of Checkpoint Systems, Inc., which provides merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility, from 2012 until the completion of the sale of the company in May 2016. He also served as a director of Iomega Corporation, a consumer technology company, from 2002 until its acquisition in 2008. With respect to Mr. David's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive leadership experience in technology, strategy, marketing and sales.

David Foss

Mr. David B. Foss serves as Independent Director of the Company. He was named president and chief executive officer of Jack Henry & Associates, Inc. in 2016, after serving as president from 2014 to 2016. He joined Jack Henry in 1999 when he arranged the sale of BancTec's financial solutions division to the company and subsequently served as president of Jack Henry's Open Systems Group and general manager of the Complementary Solutions Group. He was named general manager of Jack Henry's ProfitStars division in 2006 and as its president in 2009. Under his leadership, ProfitStars evolved from a startup division into a global brand serving more than 9,000 clients in the financial services industry. Foss received a bachelor's degree in computer science from Minnesota State University .

Robert Greving

Mr. Robert C. Greving is an Independent Director of CNO Financial Group, Inc. Mr. Greving is the retired executive vice president, chief financial officer and chief actuary for Unum Group, having held those positions from 2005 to 2009. Mr. Greving also served as president of Unum International Ltd., Bermuda. Before becoming executive vice president and chief financial officer of Unum Group in 2003, he held senior vice president, finance, and chief actuary positions with Unum Group and with The Provident Companies, Inc., which merged with Unum Group. His duties prior to retirement included directing all aspects of the finance and actuarial responsibilities for the corporate and nine insurance subsidiary insurance companies of Unum Group. He previously held senior positions with PennCorp Dallas Operations, Southwestern Life Insurance Company, American Founders Insurance Company, Aegon USA and Horace Mann Life Insurance Company during his 35 years in the insurance industry. He is a Fellow of the Society of Actuaries. With respect to Mr. Greving's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive experience with the management of companies in the life, health, disability and annuity lines of business and in particular with the actuarial, financial and investment disciplines.

Mary Henderson

Ms. Mary R. Henderson is an Independent Director of CNO Financial Group, Inc. She joined our Board in August 2012. Ms. Henderson is the managing partner of Henderson Advisory, a consulting practice providing marketing perspective and business evaluation to investment management firms on consumer products. She was a corporate vice president of Bestfoods and president of Bestfoods Grocery. During her 30-year career with Bestfoods, and its predecessor company CPC International, Ms. Henderson held a wide variety of international and North American general management and executive marketing positions. Ms. Henderson has been a director of IWG plc (formerly Regus plc) since May 2014 and has been a director of Hikma Pharmaceuticals plc since October 2016. She previously served as a director of Walter Energy, Inc. (2013 – 2016), Del Monte Foods Company (2002 – 2011), The Equitable Companies (1996 – 2000), AXA Financial (2001 – 2011), Pactiv Corporation (2000 – 2010), Royal Dutch Shell plc and its predecessor The Shell Transport and Trading Company (2001 – 2009) and the Hunt Corporation (1991 – 2002). She is Vice Chair of the Board of Drexel University and a director of the Visiting Nurse Service of New York and the Foreign Policy Association. With respect to Ms. Henderson's nomination for re-election, the Board and the Governance and Nominating Committee considered her management leadership experience, consumer marketing background, and her experience as a director of companies in a variety of industries, including insurance.

Charles Jacklin

Mr. Charles J. Jacklin is an Independent Director of CNO Financial Group, Inc. Mr. Jacklin has more than 30 years of finance and investment experience. He served as Chief Executive Officer and President of Mellon Capital Management Corporation from 2006 until March 2011 and then served as Chairman until his retirement at the end of 2012. Mr. Jacklin also held several other executive management positions in his 18 years with Mellon Capital Management including chief investment strategist, where he was responsible for investment strategies and research, and director of asset allocation strategies, where he was responsible for portfolio management in domestic, international and global asset allocation strategies. He has also taught finance and investment strategy for 10 years at the University of Chicago and Stanford University Schools of Business. With respect to Mr. Jacklin's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive investment, investment risk management and finance experience.

Frederick Sievert

Mr. Frederick James Sievert is an Independent Director of Cno Financial Group, Inc. He joined our Board in May 2011. Mr. Sievert is the retired President of New York Life Insurance Company, having served in that position from 2002 through 2007. Mr. Sievert shared responsibility for overall company management in the Office of the Chairman, from 2004 until his retirement in 2007. Mr. Sievert joined New York Life in 1992 as senior vice president and chief financial officer of the individual insurance businesses. In 1995 he was promoted to executive vice president and was elected to the New York Life board of directors in 1996. Prior to joining New York Life, Mr. Sievert was a senior vice president for Royal Maccabees Life Insurance Company, a subsidiary of the Royal Insurance Group of London, England. Mr. Sievert is a Fellow of the Society of Actuaries. He has been a director of Reinsurance Group of America, Incorporated since 2010. With respect to Mr. Sievert's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive insurance, actuarial and executive management experience.

Jennifer Childe