Horace Mann names industry veteran Stephen J. McAnena to newly created role of Executive Vice President and Chief Operating Officer
12 April 2023 - 2:00AM
Business Wire
Former Farmers Insurance President of Personal
Lines brings deep industry knowledge, strong leadership abilities
and proven operating expertise to Horace Mann’s corporate
leadership team to further support growth momentum
Horace Mann Educators Corporation (NYSE: HMN) today announced it
has named Stephen J. McAnena as Executive Vice President and Chief
Operating Officer effective May 8, 2023. In this role, McAnena will
work closely with Marita Zuraitis, Horace Mann’s President and
Chief Executive Officer, to execute the next phase of the company’s
strategic journey, continuing to advance Horace Mann’s vision to be
the company of choice to provide insurance and financial solutions
for educators and others who serve their communities.
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Stephen J. McAnena (Photo: Business
Wire)
McAnena most recently served as President of Personal Lines and
earlier President of Distribution, Life and Financial Services for
Farmers Insurance® and previously was with Liberty Mutual Group for
more than 25 years. In these roles, Steve and his team helped drive
sustained, profitable growth through multiple distribution outlets
with a strong passion for people development.
“Steve is an accomplished leader with an outstanding track
record of driving strategic outcomes that enhance value,” Zuraitis
commented. “We are excited to welcome Steve to the Horace Mann
team. We are confident he will help us map out strategies to build
on our growing momentum in household acquisition and support market
share expansion. To help further cement our position as the leading
provider of education market solutions, his initial focus will be
on retail market opportunities.”
McAnena said, “In getting to know the Horace Mann team, their
commitment to helping educators achieve a lifetime of financial
success while creating value for all stakeholders was
inspirational. I look forward to working with this talented team to
bring more of Horace Mann’s solutions to more educators and
contributing to the achievement of Horace Mann’s long-term
objectives.”
About Stephen J. McAnena
McAnena, age 51, was most recently with Farmers Insurance where
he was President of Distribution, Life and Financial Services from
2019 to 2022 and President of Personal Lines since 2022. He also
held numerous roles at Liberty Mutual over 25 years, including
serving as President of Business Insurance, President of Liberty
Mutual Benefits, President of Liberty Mutual Personal Lines
Distribution and Personal Lines Chief Product Officer. McAnena is
an Associate of the Casualty Actuarial Society and holds a BBA
degree in Actuarial Science from Temple University in
Philadelphia.
About Horace Mann
Horace Mann Educators Corporation is the largest financial
services company focused on helping America’s educators and others
who serve the community achieve lifelong financial success. The
company offers individual and group insurance and financial
solutions tailored to the needs of the educator community. Founded
by Educators for Educators® in 1945, the company is headquartered
in Springfield, Illinois. For more information, visit
horacemann.com.
Safe Harbor Statement
Certain statements included in this news release, including
those regarding our earnings outlook, expected catastrophe losses,
our investment strategies, our plans to implement additional rate
actions, our plans relating to share repurchases and dividends, our
efforts to enhance customer experience and expand our products and
solutions to more educators, our strategies to create sustainable
long-term growth and double-digit ROEs, our strategy to achieve a
larger share of the education market, and other business
strategies, constitute forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements are made based on management’s
current expectations and beliefs concerning future developments and
their potential effects upon Horace Mann and its subsidiaries.
Horace Mann cautions investors that such statements are subject to
risks and uncertainties, many of which are difficult to predict and
generally beyond Horace Mann’s control, that could cause actual
results to differ materially from those expressed in, or implied or
projected by, the forward-looking statements included in this
document. Certain important factors that could cause actual results
to differ, possibly materially, from expectations or estimates
reflected in such forward-looking statements can be found in the
“Risk Factors” and “Forward-Looking Information” sections included
in Horace Mann’s Annual Reports on Form 10-K and Quarterly Reports
on Form 10-Q filed with the Securities and Exchange Commission. The
forward-looking statements herein are subject to the risk, among
others, that we will be unable to execute our strategy because of
market or competitive conditions or other factors. Horace Mann does
not undertake to update any particular forward-looking statement
included in this document if we later become aware that such
statement is not likely to be achieved.
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version on businesswire.com: https://www.businesswire.com/news/home/20230410005334/en/
Heather J. Wietzel Vice President, Investor Relations and
Enterprise Communications 217.788.5144
investorrelations@horacemann.com
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