Primerica’s Board of Directors Elects Gary L. Crittenden as a Board Member

  Primerica’s Board of Directors Elects Gary L. Crittenden as a Board Member

Business Wire

DULUTH, Ga. -- July 15, 2013

Primerica, Inc. (NYSE:PRI) today announced the election of Gary L. Crittenden
to the Company’s Board of Directors. Mr. Crittenden, age60, has been a
Managing Partner of HGGC, a California-based middle market private equity
firm, since July 2009 and the Chief Executive Officer of HGGC since April
2012. He is also a member of HGGC’s Executive, Policy and Investment
Committees. Further, he serves as Chairman of the Board of two HGGC portfolio
companies, iQor and Citadel. From March 2009 to July 2009, Mr. Crittenden was
Chairman of Citi Holdings, a subsidiary of Citigroup, and from March 2007 to
March 2009 he served as Chief Financial Officer of Citigroup. He served as the
Chief Financial Officer of the American Express Company from 2000 to 2007.
Prior to American Express, he was the Chief Financial Officer of Monsanto,
Sears Roebuck and Company, Melville Corporation and Filene’s Basement. On
three separate occasions, the readers of Institutional Investor Magazine named
Mr. Crittenden one of the “Best CFOs in America.” Mr. Crittenden spent the
first twelve years of his career at Bain & company, an international
management consulting firm, where he became a partner. He previously served on
the Board of Directors of Staples, Ryerson Tull and the TJX Companies.

“We are delighted to have Gary join our Board. He is an outstanding business
leader and a person of great integrity,” said John A. Addison, Jr., Chairman
of Primerica Distribution and Co-CEO of Primerica. “Gary brings incredible
knowledge of our company, of the financial services industry and of the middle
income market as well as acute financial acumen. We are excited to have him on
our board,” said D. Richard Williams, Chairman of the Board and Co-CEO of
Primerica. Mr. Crittenden said, “I am thrilled to be joining Primerica’s
Board. I have been watching Primerica’s successes over the past few years and
I look forward to working with the rest of the Board and Senior Management to
find further opportunities to maximize stockholder value.”

Mr. Crittenden graduated with a B.S. from Brigham Young University in 1976 and
with an M.B.A. from Harvard Business School in 1979. He also received an
Honorary Doctorate in recognition of his service in business and the community
from Weber State University.

About Primerica, Inc.

Primerica, Inc., headquartered in Duluth, GA, is a leading distributor of
financial products to middle income households in North America. Primerica
representatives educate their Main Street clients about how to better prepare
for a more secure financial future by assessing their needs and providing
appropriate solutions through term life insurance, which we underwrite, and
mutual funds, annuities and other financial products, which we distribute
primarily on behalf of third parties. In addition, Primerica provides an
entrepreneurial full or part-time business opportunity for individuals seeking
to earn income by distributing the company’s financial products. We insured
more than 4.3 million lives and maintained approximately 1.9 million
investment accounts on behalf of our clients at December 31, 2012. Primerica
stock is included in the S&P MidCap 400 and the Russell 2000 stock indices and
is traded on The New York Stock Exchange under the symbol “PRI”.


Primerica, Inc.
Mark Supic, 470-564-6329
Kathryn Kieser, 470-564-7757
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