CNO Financial Group Announces Results from 2024 Annual Shareholder Meeting

CNO Financial Group, Inc. announced the outcomes of its 2024 Annual Shareholder Meeting where eight directors were elected, executive compensation was approved, and other key decisions were made.

Rhea-AI Summary

CNO Financial Group, Inc. announced the outcomes of its 2024 Annual Shareholder Meeting where eight directors were elected, executive compensation was approved, and other key decisions were made.

Positive

• Election of eight directors to serve a one-year term shows stability in leadership.

• Approval of executive compensation reflects shareholder confidence in leadership.

• Ratification of the accounting firm and adoption of the Shareholder Rights Plan indicate sound corporate governance.

Negative

• None.

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CARMEL, Ind., May 9, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced that at the company's annual meeting held earlier today, its shareholders:

• Elected eight directors (Gary C. Bhojwani, Archie M. Brown, David. B. Foss, Mary R. (Nina) Henderson, Adrianne B. Lee, Daniel R. Maurer, Chetlur S. Ragavan, and Steven E. Shebik) to each serve a one-year term expiring at next year's annual meeting.
• Approved, by non-binding advisory vote, the executive compensation of the company's named executive officers as disclosed in the proxy statement for the annual meeting.
• Ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2024.
• Approved the adoption of the Amended and Restated Section 382 Shareholder Rights Plan.

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 3,500 associates, 4,700 exclusive agents and more than 5,000 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who were the directors elected at CNO Financial Group's 2024 Annual Shareholder Meeting?

Gary C. Bhojwani, Archie M. Brown, David. B. Foss, Mary R. (Nina) Henderson, Adrianne B. Lee, Daniel R. Maurer, Chetlur S. Ragavan, and Steven E. Shebik.

What decision was made regarding executive compensation at the meeting?

The executive compensation of the company's named executive officers was approved by non-binding advisory vote.

Which firm was appointed as CNO Financial Group's independent registered public accounting firm for 2024?

PricewaterhouseCoopers LLP was ratified as the company's independent registered public accounting firm for 2024.

What plan was adopted at the Annual Shareholder Meeting?

The Amended and Restated Section 382 Shareholder Rights Plan was approved.