Matthew Royal to join Unum as head of Internal Audit
CHATTANOOGA, Tenn. -- January 8, 2013
Unum Group (NYSE: UNM) today announced that J. Matthew Royal has joined the
company as vice president and chief auditor. He succeeds Nicholas Desiderio,
who is retiring after more than 22 years with Unum.
In his new capacity, Royal will be responsible for ensuring that company
controls are adequate and meet or exceed regulatory requirements. He will also
oversee Unum’s special investigative unit.
Royal joins Unum from KPMG LLP, where he most recently served as a director in
the firm’s Insurance Risk Advisory practice and had responsibility for
assessing the effectiveness of internal audit functions and developing
comprehensive risk assessments and risk-based internal audit plans. He also
served as global director for one of KPMG’s largest insurance internal audit
Prior to joining KPMG in 2003, Royal was assistant vice president,
International Specialty Operations, with Marsh Inc.
He holds a bachelor’s degree in business administration from University of
Georgia and a master’s in business administration from New York University.
Royal will be based in Chattanooga, Tenn., and will report to Liston “Bo”
Bishop, executive vice president and General Counsel, as well as to the Audit
Committee of the company’s board of directors.
ABOUT UNUM GROUP
Unum Group (www.unum.com) is a leading provider of financial protection
benefits in the United States and the United Kingdom. Unum’s portfolio
includes disability, life, accident and critical illness coverage, which help
protect millions of working people and their families in the event of an
illness or injury. The company reported revenues of $10.3 billion in 2011, and
its subsidiaries – Unum US, Colonial Life and Unum UK – provided more than $6
billion in benefits last year.
Jim Sabourin, 423-294-6043
Tom White, 423-294-8996
Rob Lockerman, 423-294-7498
Press spacebar to pause and continue. Press esc to stop.