Kansas City Life Announces Election of Eileen M. Hutchinson as Director
Kansas City Life Insurance Company (OTCQX: KCLI) has appointed Eileen M. Hutchinson to its Board of Directors, effective July 22, 2024.
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Rhea-AI Summary
Kansas City Life Insurance Company (OTCQX: KCLI) has appointed Eileen M. Hutchinson to its Board of Directors, effective July 22, 2024. Hutchinson, a retired Vice President of Finance and CFO of GEHA, will also join the Audit Committee. She brings extensive experience in finance and accounting, including roles at Epoch Group, Blue Cross Blue Shield, and in public accounting. Hutchinson is a CPA with a CGMA designation and has served on various boards and committees since her retirement.
Chairman R. Philip Bixby expressed confidence that Hutchinson's expertise in financial services will benefit the company. She fills the vacancy created by Cecil R. Miller's retirement, with the term expiring in April 2025. Kansas City Life, established in 1895, operates in 49 states and D.C., focusing on life insurance and annuities.
Positive
- Appointment of Eileen M. Hutchinson, an experienced financial executive, to the Board of Directors
- Hutchinson's addition to the Audit Committee, leveraging her financial expertise
- Potential for improved financial oversight and industry insights due to Hutchinson's background
Negative
- None.
Details
News Market Reaction – KCLI
The recorded move for KCLI in the trading session of this news was +2.59%.
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Ms. Hutchinson retired as the Vice President of Finance and Chief Financial Officer of the Government Employee Health Association, Inc. ("GEHA") in 2016. Prior to joining GEHA, she worked as the Vice President of Finance for the Epoch Group, LLC, Tax Manager for Blue Cross Blue Shield of
Since her retirement from GEHA, Ms. Hutchinson has served on the board of directors and the finance, investment and audit committees of various professional organizations and not-for-profit entities. Ms. Hutchinson is very active in a number of charitable organizations in the
Chairman of the Board R. Philip
Ms. Hutchinson will fill the vacancy on the Board created by the retirement of Cecil R. Miller. The term of the vacancy expires in April 2025.
Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in
View original content:https://www.prnewswire.com/news-releases/kansas-city-life-announces-election-of-eileen-m-hutchinson-as-director-302206905.html
SOURCE Kansas City Life Insurance Company
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