Unum Elects Gale V. King to Board of Directors
Unum (NYSE: UNM) has elected Gale V. King, former CAO and executive vice president at Nationwide Mutual Insurance, to its board of directors.
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Rhea-AI Summary
Unum (NYSE: UNM) has elected Gale V. King, former CAO and executive vice president at Nationwide Mutual Insurance, to its board of directors. King, who has over 37 years of experience in insurance, will join Unum's Human Capital and Risk and Finance Committees on May 1, 2022. Recognized for her work in building strong workplace cultures and promoting diversity, she brings valuable insights to Unum's leadership. In 2021, Unum generated $12.0 billion in revenue and paid $8.2 billion in benefits, affirming its status as a leading provider of workplace benefits.
Positive
- Gale V. King brings extensive industry experience and a focus on diversity and employee culture.
- Her appointment may enhance Unum's strategic insights and leadership, expected to drive company growth.
Negative
- None.
Details
News Market Reaction – UNM
The recorded move for UNM in the trading session of this news was +3.57%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
CHATTANOOGA, Tenn., March 8, 2022 /PRNewswire/ -- Unum (NYSE: UNM) announced today Gale V. King, former executive vice president and chief administrative officer (CAO) at Nationwide Mutual Insurance Company, has been elected to Unum's board of directors.
King started her 37-year career at Nationwide as a claims professional and worked in key leadership roles throughout the company. She served as executive vice president and CAO from 2012 until her retirement from Nationwide in July 2021 and had responsibility for human resources, corporate real estate and other support services for the company.
"Throughout her career, Gale has been a champion for building a strong employee culture and advancing diversity, equity and inclusion in the workplace," said Kevin Kabat, Unum's chairman of the board. "At Unum, we share those same passions and look forward to adding her experience, insights and perspectives to the board."
King will serve on Unum's Human Capital and Risk and Finance Committees effective May 1, 2022.
Currently, King is also a public company board director for AutoZone and J.B. Hunt Transport. Her many honors include being named to Ebony's 100 most powerful African Americans in the United States, Diversity Women's 2021 Elite 100, HR Executive Magazine's Executive of the Year Honor Roll and Black Enterprise's 2019 Most Powerful Women in Corporate America.
King earned a bachelor's degree in journalism and master's degree in public administration from the University of Florida. She went on to serve as the university's foundation chair and received the Distinguished Alumnus Award.
ABOUT UNUM GROUP
Unum (NYSE: UNM) an international provider of workplace benefits and services, has been helping workers and their families for more than 170 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident, critical illness, dental, vision and stop-loss insurance; leave and absence management support and behavioral health services. In 2021, Unum reported revenues of
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SOURCE Unum Group
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