CHICAGO--(BUSINESS WIRE)--
Kemper Corporation (NYSE: KMPR)
announced today that Douglas G. Geoga has informed the company’s Board
of Directors of his intention to retire as a director at the end of his
current term, expiring May 1, 2019.
“Kemper has been very fortunate to have Doug’s leadership on our Board
for almost two decades, and we thank him for his dedicated service and
outstanding contributions,” said Joseph P. Lacher, Jr., Kemper’s
President and Chief Executive Officer. “In particular, I’m grateful he
was willing to extend that service to provide support and counsel over
the last several years while we worked to transform the company and
enable a path to sustained growth.”
Mr. Geoga assumed his responsibilities on Kemper’s Board in 2000. He is
the President and Chief Executive Officer of Salt Creek Hospitality,
LLC, and also serves as the non-executive Chairman of the Board of
Directors of both Extended Stay America, Inc. and a related REIT, ESH
Hospitality, Inc.
“My time on the Kemper Board has been a tremendous honor and very
satisfying,” Mr. Geoga said. “It’s been exciting to be part of the
realization of Kemper’s turnaround strategy, and I’m very supportive of
management’s long-term strategy for the company.”
“The Board has truly appreciated Doug’s leadership and integrity during
his service on the Board,” said Robert J. Joyce, Chairman of Kemper’s
Board of Directors. “He’s been a highly effective director and we feel
privileged to have served alongside him. We extend our gratitude and
best wishes to Doug and his family.”
About Kemper
The Kemper family of companies is one of the nation’s leading insurers.
With $11 billion in assets, Kemper is improving the world of insurance
by offering personalized solutions for individuals, families and
businesses. Through our businesses, Kemper:
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Offers insurance for auto, home, life, health and valuables
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Services approximately seven million policies
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Is represented by more than 30,000 agents and brokers
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Employs over 7,800 associates dedicated to providing exceptional
service
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Is licensed to sell insurance in 50 states and the District of Columbia
Learn more about Kemper.
Caution Regarding Forward-Looking Statements
This press release may contain or incorporate by reference information
that includes or is based on forward-looking statements within the
meaning of the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements give
expectations or forecasts of future events, and can be identified by the
fact that they relate to future actions, performance or results rather
than strictly to historical or current facts.
Any or all forward-looking statements may turn out to be wrong, and,
accordingly, readers are cautioned not to place undue reliance on such
statements, which speak only as of the date of this press release.
Forward-looking statements involve a number of risks and uncertainties
that are difficult to predict, and are not guarantees of future
performance. Among the general factors that could cause actual results
and financial condition to differ materially from estimated results and
financial condition are those listed in periodic reports filed by Kemper
with the SEC. No assurances can be given that the results and financial
condition contemplated in any forward-looking statements will be
achieved or will be achieved in any particular timetable. Kemper assumes
no obligation to publicly correct or update any forward-looking
statements as a result of events or developments subsequent to the date
of this press release. The reader is advised, however, to consult any
further disclosures Kemper makes on related subjects in its filings with
the SEC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190206005753/en/
Investors: Michael Marinaccio
312.661.4930
investors@kemper.com
or
News
Media: Barbara Ciesemier
312.661.4521
bciesemier@kemper.com
Source: Kemper Corporation