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Stock impact report

Unum Chairman Watjen to retire; Kabat appointed successor

Unum Group (UNM) 
Last unum group earnings: 2/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.unum.com
Company Research Source: Business Wire
Board leadership transition to take place at 2017 Annual Meeting CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Non-executive Chairman Thomas R. Watjen has informed Unum Group’s (NYSE:UNM) board of directors of his decision to not stand for re-election at the company’s Annual Meeting of Shareholders in May 2017. Watjen’s retirement marks the completion of a two-year leadership transition that began in 2015 when he stepped down as CEO of the company and Richard P. McKenney assumed the role. “When I became chairman, I committed to a two-year term to ensure continuity during a period of board and management transition,” said Watjen. “I believe this goal has been fulfilled and the transition has been a success, both at the company and board level.” Upon receiving Watjen’s notice, the board appointed lead independent director Kevin T. Kabat, retired vice chairman and CEO of Fifth Third Bancorp, as non- Show less Read more
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