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Last $6.29 USD
Change Today -0.32 / -4.84%
Volume 161.8K
As of 8:04 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

citizens inc (CIA) Snapshot

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52 Week High
12/9/14 - $8.43
52 Week Low
05/6/15 - $5.28
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Current Stock Chart for CITIZENS INC (CIA)

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citizens inc (CIA) Details

Citizens, Inc., through its subsidiaries, provides life insurance products in the United States and internationally. It operates through three segments: Life Insurance, Home Service Insurance, and Other Non-Insurance Enterprises. The Life Insurance segment offers ordinary whole-life policies, burial insurance policies, pre-need policies, and accident and health related policies to high net worth and high income residents in the Midwest and southern United States, as well as ordinary whole-life policies and endowment policies to non-U.S. residents. This segment offers its products through third-party marketing organizations and independent marketing consultants. The Home Service Insurance segment provides pre-need and final expense ordinary life insurance and annuities to middle and lower income individuals primarily in Louisiana, Mississippi, and Arkansas, as well as property insurance in Louisiana. This segment markets its products through funeral homes and a home service marketing distribution system. The Other Non-Insurance Enterprises segment provides data processing and aviation transportation services. The company primarily offers whole life insurance, endowments, credit insurance, final expense, and limited liability property policies. Citizens, Inc. was founded in 1969 and is based in Austin, Texas.

citizens inc (CIA) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $525.0K
President, Chief Corporate Officer, Chief Fin...
Total Annual Compensation: $340.0K
Chief Legal Officer & Corporate Strategy and ...
Total Annual Compensation: $340.0K
Vice President of International Division
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2014.

citizens inc (CIA) Key Developments

Citizens, Inc. Announces Management Changes

On June 2, 2015, the board of directors of Citizens Inc. appointed Mr. Riley's son, Rick D. Riley to succeed him as Chairman and CEO. Rick D. Riley has served the company in various full-time capacities since 1976, and served as the company's Vice Chairman, President and Chief Corporate Officer from 2007 until his appointment as Chairman and CEO. Harold E. Riley will continue as a the company's board member and has been appointed Chairman Emeritus of the board. The company's board of directors also appointed Kay E. Osbourn as its President and Chief Corporate Officer. She will continue in her role as Treasurer and Chief Financial Officer, until such time as a successor is appointed. Ms. Osbourn joined Citizens as Vice President, Internal Audit in 2008 and has served as Citizens Treasurer and Chief Financial Officer since 2009. In addition, the company's board of directors appointed Geoffrey M. Kolander as Senior Vice President, Chief Legal Officer and Corporate Strategy. Mr. Kolander joined Citizens in 2006 as its Vice President and General Counsel, and was appointed Corporate Secretary in 2007. Finally, the company's board of directors appointed Cheri Duncan as Corporate Secretary. Ms. Duncan has served as Assistant Corporate Secretary of Citizens' subsidiaries since 2010 and served in various related capacities for Citizens since 2004.

Citizens Inc., Annual General Meeting, Jun 02, 2015

Citizens Inc., Annual General Meeting, Jun 02, 2015., at 10:00 Central Standard Time. Location: 400 East Anderson Lane. Agenda: To elect the nine members of the Board of Directors of the company to serve until the next annual meeting of shareholders or until their successors are duly elected and qualified; to approve, on a non-binding advisory basis, the compensation of the company's Named Executive Officers; to ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2015; and to transact such other business as may properly come before the meeting or any postponement or adjournment thereof.

Citizens Inc. announced delayed annual 10-K filing

On 03/17/2015, Citizens Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.


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