Horace Mann Educators Corporation announces appointment of Thomas A. Bradley to Board of Directors

Rhea-AI Summary

Horace Mann Educators Corporation (NYSE: HMN) has appointed Thomas A. Bradley to its Board of Directors, effective immediately. Bradley, who has extensive experience in the insurance and financial services sectors, previously served as executive vice president and CFO of Allied World Assurance Company. His appointment is expected to enhance the Board's financial governance, particularly amid the company's ongoing expansion and the pending acquisition of Madison National Life. The Board Chair and President praised Bradley's expertise and commitment to serving educators.

Positive

• Bradley's extensive experience in insurance and financial services could strengthen the Board's governance.
• His onboarding coincides with the expansion and acquisition plans, potentially benefitting shareholder value.

Negative

• None.

SPRINGFIELD, Ill.--(BUSINESS WIRE)-- Horace Mann Educators Corporation (NYSE:HMN) today announced the appointment of Thomas A. Bradley to its Board of Directors.

Thomas A. Bradley (Photo: Business Wire)

Bradley currently serves as Chairman of the Board of Argo Group International Holdings, Ltd.. He retired as executive vice president and CFO of Allied World Assurance Company Holdings, AG, in 2017. He brings a wealth of insurance industry and financial services experience to the Horace Mann Board, including senior financial and operational roles at Zurich Insurance Group, Fair Isaac Corporation and the St. Paul Companies.

“Tom will be an incredibly valuable addition to our Board, especially as the company expands the ways it meets educator needs, such as the pending Madison National Life acquisition,” said Horace Mann Board Chair H. Wade Reece.

“Tom’s strong financial and governance expertise will be beneficial as Horace Mann continues to expand our business and further integrate Environmental, Social and Governance (ESG) factors into our operations,” said Horace Mann President and CEO Marita Zuraitis.

Bradley’s appointment is effective immediately. He will also serve as a member of the Board’s Audit Committee.

“I have long admired Horace Mann’s commitment to serving educators, and I’m pleased to join a company with such a strong focus on growth opportunities,” Bradley said. “As a new member to the Board, I look forward to contributing to those goals.”

About Horace Mann

Horace Mann Educators Corporation (NYSE: HMN) is the largest financial services company focused on providing America's educators and others who serve the community with insurance and retirement solutions. Founded by Educators for Educators® in 1945, the company is headquartered in Springfield, Illinois. For more information, visit horacemann.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211108006132/en/

Heather J. Wietzel

Vice President, Investor Relations and Enterprise Communications

217.788.5144

investorrelations@horacemann.com

Source: Horace Mann Educators Corporation

FAQ

Who is Thomas A. Bradley and what is his role at Horace Mann?

Thomas A. Bradley is the newly appointed Board member at Horace Mann Educators Corporation, effective immediately.

What experience does Thomas A. Bradley bring to Horace Mann?

Bradley has extensive experience in the insurance and financial services sectors, including senior roles at Zurich Insurance Group and Allied World Assurance Company.

How will Bradley's appointment affect Horace Mann's business strategy?

His financial and governance expertise is expected to aid in Horace Mann's expansion and integration of ESG factors into its operations.

What is the significance of the pending Madison National Life acquisition?

The acquisition is part of Horace Mann's strategy to expand and meet the needs of educators.