Kemper CEO Joseph P. Lacher, Jr. Named Chairman
06 May 2021 - 2:52AM
Business Wire
Robert Joyce Appointed Lead Director
Board Approves Quarterly Dividend
Kemper Corporation (NYSE: KMPR) today announced that its Board
of Directors elected Joseph P. Lacher, Jr., Kemper’s president and
chief executive officer, and current director, to the additional
role of chairman of the board, effective immediately. Lacher
succeeds Robert J. Joyce, who has shifted from the role of
non-executive chairman to independent lead director.
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Joseph P. Lacher, Jr. (Photo: Business
Wire)
“Over the last five-plus years as president and CEO, Joe has
demonstrated strong leadership in establishing a clear vision and
strategy for Kemper’s long-term growth, which makes him well
qualified to serve as chairman,” said Joyce. “Joe has built an
experienced leadership team that enables us to meet the evolving
needs of our customers and positions Kemper to succeed amidst the
changing nature of the industry. The board has full confidence in
the strategy that Joe is executing and his ability to lead the
board.”
“I want to thank the board for this additional leadership
opportunity and their confidence and support,” said Lacher. “The
combination of the strength of Kemper’s specialty businesses and
dedicated employees make this an exciting time for the company, and
I’m grateful to be a part of our next phase of growth.
“I also want to thank Bob for his leadership as chairman and
dedication to making Kemper a better company during his service.
He’s been a champion of our commitment to elevate the value and
strength of the board and company through increased diversity, as
well as advancing board oversight of our ESG efforts. I’m proud of
the progress we’ve made under Bob’s guidance and look forward to
continuing to work with him and the entire board, whose quality and
wide range of expertise remain an advantage for Kemper.”
Lacher joined Kemper in November 2015 as president, chief
executive officer and director. Prior to joining Kemper, he served
in several senior executive roles in the insurance industry,
including president of Allstate Protection, where he led the
company’s property and casualty offerings. Prior to Allstate, he
spent 18 years at the Travelers Companies ultimately serving as
executive vice president of Personal Lines and Select Accounts.
Kemper also announced that its Board of Directors has declared a
quarterly dividend of $0.31 per share. The dividend is payable on
June 1, 2021 to its shareholders of record as of May 17, 2021.
About Kemper
The Kemper family of companies is one of the nation’s leading
specialized insurers. With $14.2 billion in assets, Kemper is
improving the world of insurance by providing affordable and
easy-to-use personalized solutions to individuals, families and
businesses through its Auto, Personal Insurance, Life and Health
brands. Kemper serves over 6.3 million policies, is represented by
more than 30,000 agents and brokers, and has nearly 10,000
associates dedicated to meeting the ever-changing needs of its
customers. Learn more about Kemper.
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version on businesswire.com: https://www.businesswire.com/news/home/20210505005905/en/
Investors: Christine Patrick, 312.661.4803, cpatrick@kemper.com
News Media: Barbara Ciesemier, 312.661.4521,
bciesemier@kemper.com
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