0001012771-12-000051.txt : 20120614 0001012771-12-000051.hdr.sgml : 20120614 20120614085656 ACCESSION NUMBER: 0001012771-12-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120613 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20120614 DATE AS OF CHANGE: 20120614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FBL FINANCIAL GROUP INC CENTRAL INDEX KEY: 0001012771 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 421411715 STATE OF INCORPORATION: IA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11917 FILM NUMBER: 12906441 BUSINESS ADDRESS: STREET 1: 5400 UNIVERSITY AVE CITY: WEST DES MOINES STATE: IA ZIP: 50266 BUSINESS PHONE: 5152255400 8-K 1 leadershipchange61412.htm Leadership Change 6.14.12


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (date of earliest event reported): June 13, 2012

FBL Financial Group, Inc.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
 
Iowa
1-11917
42-1411715
(State of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
 
 
5400 University Avenue, West Des Moines, Iowa
50266-5997
(Address of principal executive offices)
 
(Zip Code)
(515) 225-5400
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a.12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





























Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b)     James E. Hohmann, Chief Executive Officer and a Class A director of FBL Financial Group, Inc., on June 13, 2012 resigned his positions as an officer and Class A director of FBL and all affiliated companies effective June 30, 2012.

(c)    James P. (Jim) Brannen, currently serving as Chief Financial Officer, Chief Administrative Officer and Treasurer of FBL Financial Group, has also been named interim Chief Executive Officer and will lead the organization until a permanent replacement is named. The FBL Board of Directors has implemented a process to identify and name a permanent Chief Executive Officer and anticipates this will be concluded by the end of the year. No changes have been made to Brannen's compensation arrangements on account of the appointment as interim Chief Executive Officer.
Brannen joined FBL in 1991 and held various positions in the tax and accounting areas prior to being named to his current position in 2007. He has been a member of the executive management team since 2000. Prior to joining FBL, Brannen worked primarily on corporate tax matters for insurance companies for Ernst & Young. A graduate of the University of Iowa, Brannen is a certified public accountant and a member of the American Institute of Certified Public Accountants and the Iowa Society of Certified Public Accountants. Brannen is also active in civic and industry organizations, previously serving as president of the board of directors Children and Families of Iowa, and currently serving on the board of United Way of Central Iowa.
(d)    The Board of Directors has not yet filled the vacancy on the Board created by Mr. Hohmann's departure.
    
Item 7.01     Regulation FD Disclosure
On June 14, 2012, FBL Financial Group issued a news release announcing that its Board of Directors has named James P. Brannen interim Chief Executive Officer, to succeed James E. Hohmann, who has stepped down as Chief Executive Officer and a Class A director of FBL Financial Group. The news release is furnished as Exhibit 99.1. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1933, except as shall be expressly set forth by specific reference to such filing.






















SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FBL FINANCIAL GROUP, INC.
(Registrant)

Date: June 14, 2012

/s/ James P. Brannen
James P. Brannen
Chief Financial Officer

EXHIBIT INDEX

Exhibit No:    Description

Exhibit 99.1    News release of the registrant dated June 14, 2012






EX-99.1 2 leadershipchangenr61412.htm NEWS RELEASE OF THE REGISTRANT DATED JUNE 14, 2012 Leadership Change NR 6.14.12


FOR IMMEDIATE RELEASE    CONTACT
Thursday, June 14, 2012        Tim Bigley, Director - Investor Relations
(515) 453-3930, Tim.Bigley@FBLFinancial.com


FBL Financial Group CEO James E. Hohmann to Step Down
James P. Brannen Named Interim CEO


West Des Moines, Iowa, June 14, 2012 - The Board of Directors of FBL Financial Group, Inc. (NYSE: FFG) announced today that Chief Executive Officer James E. Hohmann will be stepping down effective June 30, 2012. He will also be stepping down from the FBL Financial Group board. Current Chief Financial Officer, James P. Brannen, has been named interim Chief Executive Officer until a successor can be appointed.

“When I was hired as CEO of FBL Financial Group the company was struggling to address the serious challenges brought upon by the financial crisis. Over these past three years, FBL Financial Group has had tremendous success. We dramatically strengthened our capital position, increased profitability and grew our business culminating in Fortune Magazine recognizing us as one of their Top 100 Fastest-Growing Companies based upon revenue, operating income and total return to shareholders. We significantly changed the risk profile and focus of the company through the recent sale of EquiTrust Life. With the transition of its operations nearly complete and FBL in a financially strong position, the time is right for me to move on and to find a new challenge.” said Hohmann.

Craig D. Hill, Chairman of the Board, commented, “On behalf of FBL Financial Group and our Board of Directors, I would like to thank Jim for his service to FBL and his contributions to our success. During Jim's tenure as CEO, FBL successfully completed its largest-ever business transaction and became a financially stronger and more focused organization. He delivered exceptional shareholder value and our stock price has well outpaced the industry. At his hiring, our stock price was $5.52 and under his leadership it topped out at over six times that level.”

James P. (Jim) Brannen, currently serving as Chief Financial Officer, Chief Administrative Officer and Treasurer of FBL Financial Group, has been named interim Chief Executive Officer and will lead the organization until a permanent replacement is named. The FBL Board of Directors expects to implement a process to identify and name a permanent CEO by the end of the year.

Brannen joined FBL in 1991 and held various positions in the tax and accounting areas prior to being named to his current position in 2007. Prior to joining FBL, Brannen worked primarily on corporate tax matters for insurance companies for Ernst & Young. A graduate of the University of Iowa, Brannen is a certified public accountant and a member of the American Institute of Certified Public Accountants and the Iowa Society of Certified Public Accountants. Brannen is also active in civic and industry organizations, previously serving as president of the board of directors of Children and Families of Iowa, and currently serving on the board of United Way of Central Iowa.












About the Company
FBL Financial Group is a holding company whose primary operating subsidiary is Farm Bureau Life Insurance Company. FBL Financial Group underwrites, markets and distributes life insurance and annuities to individuals and small businesses. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. For more information, please visit www.fblfinancial.com.

Contacts:
Investor Inquiries:
Tim Bigley, Director - Investor Relations
Phone: 515-453-3930
Tim.Bigley@FBLFinancial.com

Jim Brannen, Chief Financial Officer
Phone: 515-225-5631
Jim.Brannen@FBLFinancial.com

Media Inquiries:
Scott Shuck, Vice President - Marketing & Sales Services
Phone: 515-226-6655
Scott.Shuck@FBLFinancial.com


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