UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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): September 17, 2012
UNUM GROUP
(Exact name of registrant as specified in its charter)
Delaware | 001-11294 | 62-1598430 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1 Fountain Square
Chattanooga, Tennessee 37402
(Address of principal executive offices) (Zip Code)
(423) 294-1011
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | 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 8.01 | Other Events. |
On September 17, 2012, Unum Group, a Delaware corporation (the Company), announced that Jack McGarry, who has served as President and CEO of Unum UK since July 2010, will return to the United States to manage the Companys closed block of business. Peter ODonnell, Senior Vice President and Chief Financial Officer of Unum UK, has been named to replace Mr. McGarry as President and CEO of that unit. With Mr. ODonnells promotion, Deputy Chief Financial Officer Stephen Harry has been named as Chief Financial Officer of Unum UK. A copy of the Companys news release announcing these changes is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. The following exhibit is filed with this report: |
99.1 | News release of Unum Group dated September 17, 2012. |
SIGNATURES
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.
Unum Group (Registrant) | ||||||||
Date: September 17, 2012 | By: | /s/ Susan N. Roth | ||||||
Name: Susan N. Roth Title: Vice President, Transactions, SEC and Corporate Secretary |
INDEX TO EXHIBITS
Exhibit No. |
Description | |
99.1 | News release of Unum Group dated September 17, 2012. |
Exhibit 99.1
1 Fountain Square Chattanooga, TN 37402 www.unum.com |
FOR IMMEDIATE RELEASE | ||||||
Contacts |
||||||
INVESTORS Tom White |
423 294 8996 | |||||
Rob Lockerman | 423 294 7498 | |||||
MEDIA Jim Sabourin |
423 294 6043 |
Unum appoints McGarry to oversee closed block of business
ODonnell named CEO of Unum UK
CHATTANOOGA, TN (Sept. 17, 2012) Unum Group (NYSE:UNM) today announced that Jack McGarry, who has served as CEO of Unum UK since July 2010, will return to the U.S. to manage the companys closed block of business. Peter ODonnell, senior vice president and chief financial officer of Unum UK, has been named to replace McGarry as president and CEO of that unit.
These leadership changes affect two very important areas of our company, said Thomas R. Watjen, president and CEO of Unum Group. Our closed block now represents over 25 percent of our capital, and Im confident that Jacks significant financial and operational expertise will help us improve the performance of this business.
Unums closed block includes individual disability policies issued prior to the mid-1990s and all of the companys long-term care business. Unum discontinued writing individual long-term care policies in 2009 and new group long-term care policies earlier this year. As of June 30, 2012, this business segment had assets of more than $32 billion.
Peter ODonnell, who succeeds McGarry as president and CEO of Unum UK, joined the company in June 2010 as its chief financial officer. Peter has been a tremendous addition to our leadership team, with a proven track record of success both at Unum UK and within the financial services industry, added Watjen. Im confident he will be able to help us capitalize on our unique position in the U.K. market.
Prior to joining Unum UK, ODonnell spent a number of years in senior finance roles at RSA plc and Aviva plc and was director, Group Finance, for Prudential plc. He has a bachelor of commerce degree from University College Dublin.
With ODonnells promotion, Deputy CFO Stephen Harry becomes CFO of Unum UK.
Both ODonnell and Harrys appointments are subject to formal approval by the U.K. Financial Services Authority.
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ABOUT UNUM GROUP
Unum Group (www.unum.com) is a leading provider of financial protection benefits in the United States and the United Kingdom. Unums 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.
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