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CNO Financial Group Appoints Tom Kleyle Vice President, Corporate Finance and Treasurer

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CNO Financial Group, Inc. (NYSE: CNO) has appointed Tom Kleyle as vice president, corporate finance and treasurer, effective immediately. Kleyle will oversee treasury operations and corporate financial planning, reporting to CFO Paul McDonough. With over 25 years of experience, including nearly 10 years at CNO, Kleyle aims to optimize the company’s financial performance. Previously, he served as vice president of internal audit and held positions at Anthem and PriceWaterhouseCoopers. CNO offers vital financial services to middle-income America, managing $35 billion in assets.

Positive
  • Tom Kleyle's extensive experience (25+ years) in finance, particularly in the insurance industry, adds valuable expertise to CNO's leadership.
  • Kleyle's previous role as vice president of internal audit suggests strong internal controls, which can enhance financial management.
  • Expectations of optimized financial performance under Kleyle's leadership may bolster investor confidence.
Negative
  • Concerns about continuity as new finance leadership may lead to transitional challenges.

CARMEL, Ind., July 19, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced today the appointment of Tom Kleyle as vice president, corporate finance and treasurer, effective immediately. Kleyle is responsible for treasury operations and corporate financial planning and analysis, and reports to Chief Financial Officer Paul McDonough

"Tom is a seasoned finance executive with more than 25 years of experience in the insurance industry," said McDonough. "In his nearly 10 years with CNO, he has contributed significantly to the effectiveness of the organization through strong leadership and a deep understanding of the business. In his new role, Tom will help to ensure optimized financial performance at CNO as we continue to deliver long-term value for all of our stakeholders."

Kleyle joined CNO in 2013 as vice president, internal audit. Prior to joining CNO, he was staff vice president for finance and information technology at Anthem from 2008 to 2013. He also spent 10 years with PriceWaterhouseCoopers in auditing and consulting for its insurance industry practice.

Kleyle earned his Bachelor of Science in accounting from Indiana University and a Master of Business Administration in finance from Indiana UniversityPurdue University Indianapolis. He is a Certified Public Accountant and serves on the board of directors for the Greater Indiana Chapter of the Alzheimer's Association.

About CNO Financial Group

CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $35 billion in total assets. Our 3,400 associates, 4,400 exclusive agents and 4,700 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.

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SOURCE CNO Financial Group

FAQ

Who is Tom Kleyle and what is his new role at CNO?

Tom Kleyle is appointed as vice president, corporate finance and treasurer at CNO Financial Group, effective immediately.

What was Tom Kleyle's previous position at CNO?

Tom Kleyle served as vice president of internal audit prior to his new appointment.

How will Tom Kleyle's appointment impact CNO's financial performance?

Kleyle's experience in finance and auditing is expected to optimize CNO's financial performance.

When was Tom Kleyle appointed at CNO?

Tom Kleyle was appointed on July 19, 2022.

What is the significance of Tom Kleyle's experience?

His over 25 years of experience, especially in the insurance sector, is expected to enhance CNO's financial strategies.

CNO Financial Group, Inc.

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Insurance - Life
Accident & Health Insurance
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United States of America
CARMEL