CNO Financial Group Names Joel Koehneman as Chief Accounting Officer

Rhea-AI Summary

CNO Financial Group (NYSE: CNO) has appointed Joel Koehneman as Chief Accounting Officer, effective January 21, 2025. Koehneman will report to Chief Financial Officer Paul McDonough and brings 16 years of experience from PricewaterhouseCoopers' audit practice, where he specialized in life insurance clients and served as lead Director on two life insurance company audits.

Prior to joining CNO, Koehneman worked as a Finance Director at CDW He holds both bachelor's and master's degrees in accounting from the University of Illinois and is a Certified Public Accountant. He will succeed Michellen Wildin, who will remain with the company until April 1, 2025, to ensure a smooth transition.

Positive

• Appointment of experienced executive with 16 years of relevant audit practice at PwC
• New CAO brings specific expertise in life insurance auditing
• Planned transition period with current CAO until April 2025 ensures continuity

Negative

• None.

CARMEL, Ind., Jan. 3, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) has named Joel Koehneman as Chief Accounting Officer, effective January 21, 2025. He will report to Chief Financial Officer Paul McDonough.

"Joel brings extensive experience in public accounting to CNO. He spent 16 years in the audit practice of PricewaterhouseCoopers (PwC), primarily focused on life insurance clients, including serving as lead Director on two life insurance company audits," said McDonough. "His leadership and technical skills, along with his comprehensive knowledge of our products and markets, including Bermuda, and his alignment with the CNO mission will be key strengths for the company as we continue to advance our strategic growth initiatives. We are very pleased to welcome Joel to CNO."

Over the past year, Koehneman served as a Finance Director at CDW Corporation. He earned a bachelor's degree in accountancy and a master's degree in accounting science, both from the University of Illinois, and he is a Certified Public Accountant. 

Koehneman succeeds Michellen Wildin, who is expected to remain with the company through April 1, 2025, to support the transition.

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 $38 billion in total assets. Our 3,500 associates, 4,800 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

When will Joel Koehneman start as CNO Financial Group's Chief Accounting Officer?

Joel Koehneman will start as CNO Financial Group's Chief Accounting Officer on January 21, 2025.

What is Joel Koehneman's professional background before joining CNO Financial?

Joel Koehneman spent 16 years at PricewaterhouseCoopers in audit practice focusing on life insurance clients, and most recently served as Finance Director at CDW

Who is Joel Koehneman replacing at CNO Financial Group?

Joel Koehneman is succeeding Michellen Wildin, who will remain with the company through April 1, 2025, to support the transition.

What are Joel Koehneman's educational qualifications?

Joel Koehneman holds a bachelor's degree in accountancy and a master's degree in accounting science from the University of Illinois, and is a Certified Public Accountant.