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Aflac Incorporated Promotes Virgil R. Miller to President of Aflac Incorporated, Audrey Boone Tillman and Max K. Brodén Elevated to Senior Executive Vice President

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Aflac Incorporated announced key leadership promotions effective January 1, 2025. Virgil R. Miller has been promoted to president of Aflac Incorporated while retaining his role as president of Aflac U.S. His expanded responsibilities include supporting profitable growth initiatives, advancing digital capabilities, and managing product evolution. Additionally, Audrey Boone Tillman and Max K. Brodén have been elevated to senior executive vice president positions. Tillman oversees Compliance, Government Relations, and Sustainability efforts, while Brodén leads corporate development, financial operations, and global investments. All executives will continue reporting to Chairman and CEO Daniel P. Amos.

Aflac Incorporated ha annunciato importanti promozioni nel suo management, a partire dal 1 gennaio 2025. Virgil R. Miller è stato promosso a presidente di Aflac Incorporated, mantenendo il suo ruolo di presidente di Aflac U.S. Le sue responsabilità ampliati includono il supporto alle iniziative di crescita profittevole, l'avanzamento delle capacità digitali e la gestione dell'evoluzione dei prodotti. Inoltre, Audrey Boone Tillman e Max K. Brodén sono stati elevati a posizioni di vicepresidente esecutivo senior. Tillman supervisiona le attività di Compliance, Relazioni Governative e Sostenibilità, mentre Brodén guida lo sviluppo aziendale, le operazioni finanziarie e gli investimenti globali. Tutti gli executive continueranno a riferire al Presidente e CEO Daniel P. Amos.

Aflac Incorporated anunció promociones clave en su liderazgo, efectivas a partir del 1 de enero de 2025. Virgil R. Miller ha sido promovido a presidente de Aflac Incorporated, manteniendo su papel como presidente de Aflac U.S. Sus responsabilidades ampliadas incluyen apoyar iniciativas de crecimiento rentable, avanzar en las capacidades digitales y gestionar la evolución de productos. Además, Audrey Boone Tillman y Max K. Brodén han sido elevados a posiciones de vicepresidente ejecutivo senior. Tillman supervisa el cumplimiento, las relaciones gubernamentales y los esfuerzos en sostenibilidad, mientras que Brodén lidera el desarrollo corporativo, las operaciones financieras y las inversiones globales. Todos los ejecutivos continuarán reportando al Presidente y CEO Daniel P. Amos.

Aflac Incorporated는 2025년 1월 1일부터 유효한 주요 리더십 승진을 발표했습니다. Virgil R. Miller는 Aflac Incorporated의 사장으로 승진했으며 Aflac U.S.의 사장직도 유지합니다. 그의 확대된 책임에는 수익성 있는 성장 이니셔티브 지원, 디지털 역량 발전 및 제품 진화 관리가 포함됩니다. 또한, Audrey Boone TillmanMax K. Brodén은 선임 부회장 직책으로 승진했습니다. Tillman은 컴플라이언스, 정부 관계 및 지속 가능성 노력을 감독하고, Brodén은 기업 개발, 재무 운영 및 글로벌 투자를 이끕니다. 모든 임원들은 의장 겸 CEO인 Daniel P. Amos에게 계속 보고합니다.

Aflac Incorporated a annoncé des promotions clés au sein de son leadership, effectives à partir du 1er janvier 2025. Virgil R. Miller a été nommé président d'Aflac Incorporated tout en conservant son rôle de président d'Aflac U.S. Ses responsabilités élargies incluent le soutien aux initiatives de croissance rentable, l'avancement des capacités numériques et la gestion de l'évolution des produits. De plus, Audrey Boone Tillman et Max K. Brodén ont été promus au poste de vice-président exécutif senior. Tillman supervise la conformité, les relations gouvernementales et les efforts de durabilité, tandis que Brodén dirige le développement d'entreprise, les opérations financières et les investissements mondiaux. Tous les cadres continueront de faire rapport au président-directeur général Daniel P. Amos.

Aflac Incorporated gab bekannt, dass wichtige Führungsbeförderungen ab dem 1. Januar 2025 wirksam werden. Virgil R. Miller wurde zum Präsidenten von Aflac Incorporated befördert, während er sein Amt als Präsident von Aflac U.S. behält. Zu seinen erweiterten Verantwortlichkeiten gehören die Unterstützung profitabler Wachstumsinitiativen, der Ausbau digitaler Fähigkeiten und das Management der Produktevolution. Darüber hinaus wurden Audrey Boone Tillman und Max K. Brodén zu Senior Executive Vice Presidents ernannt. Tillman verantwortet die Bereiche Compliance, Regierungsbeziehungen und Nachhaltigkeit, während Brodén die Unternehmensentwicklung, Finanzoperationen und globale Investitionen leitet. Alle Führungskräfte werden weiterhin an den Vorsitzenden und CEO Daniel P. Amos berichten.

Positive
  • Strategic leadership expansion strengthening executive team structure
  • Internal promotion demonstrates strong succession planning and talent retention
  • Enhanced focus on digital capabilities and customer-centric strategies
Negative
  • None.

COLUMBUS, Ga., Oct. 30, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today the promotion of Virgil R. Miller to president of Aflac Incorporated, effective Jan. 1, 2025. Miller will retain his current role as president of Aflac U.S. In his expanded role, Miller's responsibilities will include supporting key companywide profitable growth and efficiency initiatives, continuing to advance the company's digital capabilities with a focus on customer-centric strategies, and managing the evolution of product offerings to meet new market needs.  Miller will continue to report to Aflac Incorporated Chairman and CEO Daniel P. Amos.

Miller joined Aflac in 2004, and prior to being named to his current position as Aflac U.S. president, he has successfully held multiple roles of increasing responsibility in the U.S., including lead of client services, chief administration officer, chief operating officer of Aflac U.S., and executive vice president and president of Aflac Group and Individual Benefits. Miller's career includes his service as a U.S. Marine and more than 30 years in the industry, including currently serving on the boards of America's Health Insurance Plans (AHIP), the non-profit parent of LIMRA and LOMA, LL Global, and the American Council of Life Insurers (ACLI).

In addition, the company is announcing the appointment of Aflac Incorporated Executive Vice President and General Counsel Audrey Boone Tillman and Aflac Incorporated Executive Vice President and Chief Financial Officer Max K. Brodén, to the roles of senior executive vice president, effective Jan. 1, 2025. Both Tillman and Brodén will continue to report to Aflac Incorporated Chairman and CEO Daniel P. Amos.

Tillman oversees Compliance, Government Relations, Corporate Communications, Global Cybersecurity and the office of the Corporate Secretary, including the functions of the General Counsel and Compliance offices of Aflac Japan. In her role, Tillman serves to uphold the company's strong, ethics-centered culture, a cornerstone of Aflac's longstanding reputation in the industry. More recently, Tillman assumed executive leadership of Aflac Incorporated's Sustainability efforts and Aflac's Supplier Diversity strategies.

Brodén is responsible for leading enterprise-wide corporate development, investor and rating agency relations, corporate finance, capital management, financial reporting, and financial planning and analysis. More recently, he has assumed oversight of the company's global investments, risk and actuarial functions, as well as its reinsurance strategy, including Aflac Re Bermuda Ltd. Brodén joined Aflac in 2017 as senior vice president and treasurer, bringing more than 15 years of experience and leadership managing global financial and insurance portfolios.

Commenting on the appointments, Aflac Incorporated Chairman and CEO Daniel P. Amos stated: "In conjunction with Aflac Incorporated's Board of Directors, it is my pleasure to share these well-deserved promotions that acknowledge the accomplishments of Virgil, Audrey and Max, whose contributions and executive leadership have had a tremendous impact on our company. These promotions not only demonstrate the breadth and depth of our company's talent, but they also recognize these leaders' unwavering commitment to their areas, which serves as an inspiration to others across Aflac to deliver on our promise to be there for our policyholders when they need us most."

ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL), a Fortune 500 company, has helped provide financial protection and peace of mind for nearly seven decades to millions of policyholders and customers through its subsidiaries in the U.S. and Japan. In the U.S., Aflac is the No. 1 provider of supplemental health insurance products.1 In Japan, Aflac Life Insurance Japan is the leading provider of cancer and medical insurance in terms of policies in force. The company takes pride in being there for its policyholders when they need us most, as well as being included in the World's Most Ethical Companies by Ethisphere for 18 consecutive years (2024), Fortune's World's Most Admired Companies for 23 years (2024) and Bloomberg's Gender-Equality Index for the fourth consecutive year (2023). In addition, the company became a signatory of the Principles for Responsible Investment (PRI) in 2021 and has been included in the Dow Jones Sustainability North America Index (2023) for 10 years. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com or aflac.com/espanol. Investors may learn more about Aflac Incorporated and its commitment to corporate social responsibility and sustainability at investors.aflac.com under "Sustainability."

1 LIMRA 2023 U.S. Supplemental Health Insurance Total Market Report

FORWARD-LOOKING INFORMATION
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-looking statements. The company desires to take advantage of these provisions. This document contains cautionary statements identifying important factors that could cause actual results to differ materially from those projected herein, and in any other statements made by company officials in communications with the financial community and contained in documents filed with the Securities and Exchange Commission (SEC). Forward-looking statements are not based on historical information and relate to future operations, strategies, financial results or other developments. Furthermore, forward-looking information is subject to numerous assumptions, risks and uncertainties. In particular, statements containing words such as "expect," "anticipate," "believe," "goal," "objective," "may," "should," "estimate," "intends," "projects," "will," "assumes," "potential," "target," "outlook" or similar words as well as specific projections of future results, generally qualify as forward-looking. Aflac undertakes no obligation to update such forward-looking statements.

The company cautions readers that the following factors, in addition to other factors mentioned from time to time, could cause actual results to differ materially from those contemplated by the forward-looking statements:

  • difficult conditions in global capital markets and the economy, including inflation 
  • defaults and credit downgrades of investments
  • global fluctuations in interest rates and exposure to significant interest rate risk
  • concentration of business in Japan 
  • limited availability of acceptable yen-denominated investments
  • foreign currency fluctuations in the yen/dollar exchange rate
  • differing interpretations applied to investment valuations
  • significant valuation judgments in determination of expected credit losses recorded on the Company's investments
  • decreases in the Company's financial strength or debt ratings
  • decline in creditworthiness of other financial institutions
  • the Company's ability to attract and retain qualified sales associates, brokers, employees, and distribution partners
  • deviations in actual experience from pricing and reserving assumptions
  • ability to continue to develop and implement improvements in information technology systems and on successful execution of revenue growth and expense management initiatives
  • interruption in telecommunication, information technology and other operational systems, or a failure to maintain the security, confidentiality, integrity or privacy of sensitive data residing on such systems
  • subsidiaries' ability to pay dividends to the Parent Company
  • inherent limitations to risk management policies and procedures
  • operational risks of third-party vendors
  • tax rates applicable to the Company may change
  • failure to comply with restrictions on policyholder privacy and information security
  • extensive regulation and changes in law or regulation by governmental authorities
  • competitive environment and ability to anticipate and respond to market trends
  • catastrophic events, including, but not limited to, as a result of climate change, epidemics, pandemics, tornadoes, hurricanes, earthquakes, tsunamis, war or other military action, major public health issues, terrorism or other acts of violence, and damage incidental to such events
  • ability to protect the Aflac brand and the Company's reputation
  • ability to effectively manage key executive succession
  • changes in accounting standards
  • level and outcome of litigation or regulatory inquiries
  • allegations or determinations of worker misclassification in the United States

 

(PRNewsfoto/Aflac Incorporated)

Media contact – Ines Gutzmer, 762.207.7601 or igutzmer@aflac.com

Analyst and investor contact – David A. Young, 706.596.3264 or 800.235.2667 or dyoung@aflac.com 

 

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SOURCE Aflac Incorporated

FAQ

Who is the new president of Aflac Incorporated (AFL) as of January 2025?

Virgil R. Miller has been promoted to president of Aflac Incorporated (AFL), effective January 1, 2025, while maintaining his current role as president of Aflac U.S.

What new executive appointments did Aflac (AFL) announce for 2025?

Aflac announced the promotion of Virgil R. Miller to president, and the elevation of Audrey Boone Tillman and Max K. Brodén to senior executive vice president positions, all effective January 1, 2025.

What will be Virgil Miller's responsibilities as Aflac's (AFL) new president?

As president, Miller will support profitable growth initiatives, advance digital capabilities with customer-centric strategies, and manage product evolution to meet market needs, while continuing to lead Aflac U.S.

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