Horace Mann Board Of Directors Announces Marita Zuraitis As President And CEO
SPRINGFIELD, Ill., April 24, 2013
SPRINGFIELD, Ill., April 24, 2013 /PRNewswire/ --The Board of Directors of
Horace Mann Educators Corporation (NYSE:HMN) today announced the hiring of
Marita Zuraitis as President and Chief Executive Officer-Elect, effective May
13, 2013. Ms. Zuraitis will work with the Board of Directors and current
President and CEO, Peter H. Heckman, over the next several months to achieve
an orderly transition to the President and CEO position.
Ms. Zuraitis joins Horace Mann from The Hanover Insurance Group (NYSE: THG)
where she was an Executive Vice President and member of The Hanover's
Executive Leadership Team. Since joining The Hanover in 2004, she served as
President, Property and Casualty Companies, responsible for the personal and
commercial lines operations at Citizens Insurance Company of America, The
Hanover Insurance Company and their affiliates, representing $3 billion in
annual net written premium. Prior to joining the The Hanover, she was with
The St. Paul/Travelers Companies for six years, where she achieved the
position of President and Chief Executive Officer, Commercial Lines. Ms.
Zuraitis also held a number of increasingly responsible underwriting and field
management positions with USF&G and Aetna Life and Casualty.
"Marita Zuraitis has had an exemplary, 30-year career in the insurance
industry and is a well-known and highly-respected executive," said Gabriel
Shaheen, Chairman of the Board of Horace Mann Educators Corporation. "Pete
Heckman and his management team have built a solid foundation that has
positioned the company for continued success, and we are excited to have
Marita join us to further develop the quality of service provided to the
educator market, profitably grow the business, and continue Horace Mann's
commitment to deliver exceptional value to its shareholders."
Horace Mann -- the largest national multiline insurance company focusing on
educators' financial needs -- provides auto and homeowners insurance,
retirement annuities, life insurance and other financial solutions. Founded
by Educators for Educators® in 1945, the company is headquartered in
Springfield, Ill. For more information, visit www.horacemann.com.
Statements included in this news release that are not historical in nature are
forward-looking within the meaning of the Private Securities Litigation Reform
Act of 1995 and are subject to certain risks and uncertainties. Horace Mann
is not under any obligation to (and expressly disclaims any such obligation
to) update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. Please refer to the company's
Annual Report on Form 10-K for the year ended December 31, 2012 and the
company's past and future filings and reports filed with the Securities and
Exchange Commission for information concerning the important factors that
could cause actual results to differ materially from those in forward-looking
statements. The information contained in this press release includes
financial measures which are based on methodologies other than United States
generally accepted accounting principles ("GAAP"). Reconciliations of
non-GAAP measures to the closest GAAP measures are contained in the
supplemental numerical pages of this release and additional descriptions of
the non-GAAP measures are contained in the Glossary of Selected Terms included
as an exhibit to the company's SEC filings.
SOURCE Horace Mann Educators Corporation
Contact: Ryan Greenier, Vice President, Investor Relations, +1-217-788-5738
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