Kansas City Life Announces Retirement of Director Nancy Bixby Hudson

Rhea-AI Summary

Kansas City Life Insurance Company announced the retirement of Board member Nancy Bixby Hudson, effective April 19, 2023. Ms. Hudson, who has served since 1996, expressed her gratitude for the opportunity to serve the company's policyholders and shareholders. She also retired from the board of Old American Insurance Company and has previously served on the board of Sunset Life Insurance Company of America. R. Philip Bixby, Chairman of the Board, thanked her for her leadership over 27 years. Kansas City Life specializes in life insurance and annuities and operates in 49 states and the District of Columbia.

Positive

• Long-term Board member Nancy Bixby Hudson stepped down, potentially allowing for new leadership perspectives.
• Company remains stable with ongoing operations in 49 states and the District of Columbia.

Negative

• None.

KANSAS CITY, Mo., March 31, 2023 /PRNewswire/ -- Kansas City Life Insurance Company (the "Company") announced today that Nancy Bixby Hudson, a member of the Board of Directors, has notified the Chairman of her retirement from the Board of Directors effective at the close of business on April 19, 2023. 

Ms. Hudson has served on the Board since 1996. Ms. Hudson is also retiring from the Board of subsidiary Old American Insurance Company and previously served on the Board of former subsidiary Sunset Life Insurance Company of America. 

Ms. Hudson has stated that it has been an honor to serve the policyholders and shareholders of Kansas City Life, and that she will continue to support the Company through her encouragement of leadership and the Board in the coming years. 

R. Philip Bixby, Chairman of the Board, thanked Ms. Hudson for her service to the Company and her counsel through the years. "Nancy has provided strong leadership throughout her time on the Board, and it has been a privilege to serve with her over the last 27 years, and I wish her the best in her retirement."

Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in Kansas City, Missouri. The Company's primary business is providing financial protection through the sale of life insurance and annuities. The Company operates in 49 states and the District of Columbia. For more information, please visit www.kclife.com.

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SOURCE Kansas City Life Insurance Company

FAQ

Who is retiring from the Kansas City Life Board?

Nancy Bixby Hudson is retiring from the Board of Kansas City Life Insurance Company.

When is Nancy Bixby Hudson's retirement effective?

Her retirement is effective at the close of business on April 19, 2023.

How long did Nancy Bixby Hudson serve on the Board?

Nancy Bixby Hudson served on the Board since 1996.

What companies has Nancy Bixby Hudson been involved with?

She has been involved with Kansas City Life Insurance Company and its subsidiary, Old American Insurance Company.

What is the primary business of Kansas City Life Insurance Company?

Kansas City Life focuses on providing financial protection through life insurance and annuities.