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CNO Financial Group Inc (CNO)

CNO on New York Consolidated

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22 Sep 2017
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Summary

Name Age Since Current Position

Gary Bhojwani

49 2017 President, Director

Edward Bonach

63 2012 Chief Executive Officer, Director

Erik Helding

44 2016 Chief Financial Officer, Executive Vice President

Mike Heard

2017 President - Washington National Segment

Joel Schwartz

2017 President - Colonial Penn Segment

Bruce Baude

52 2012 Chief Operations and Technology Officer, Executive Vice President

Matthew Zimpfer

49 2008 Executive Vice President, General Counsel

Susan Menzel

51 2005 Executive Vice President - Human Resources

Christopher Nickele

60 2014 Executive Vice President, Chief Actuary

John Kline

59 2002 Senior Vice President, Chief Accounting Officer

Eric Johnson

56 2003 Chief Investment Officer

Gerardo Monroy

2017 Chief Marketing Officer

Adam Auvil

2016 Director

Stephen David

68 2017 Director

Ellyn Brown

67 2012 Independent Director

Robert Greving

65 2011 Independent Director

Mary Henderson

66 2012 Independent Director

Charles Jacklin

62 2015 Independent Director

Daniel Maurer

60 2015 Independent Director

Neal Schneider

72 2015 Independent Director

Frederick Sievert

69 2011 Independent Director

Biographies

Name Description

Gary Bhojwani

Mr. Gary C. Bhojwani has been appointed as President, Chief Executive Officer, Director of the Company., effective January 1, 2018. He currently serves as President, Director of the Company. From April 2015 until joining CNO, chief executive officer of GCB, LLC, an insurance and financial services consulting company that he founded. Mr. Bhojwani served as a member of the board of management at Allianz SE, Chairman of Allianz of America, Allianz Life Insurance Company, and Fireman’s Fund Insurance Company from 2012 to January 1, 2015. From 2007 to 2012, he served as president of Allianz Life Insurance Company of North America.

Edward Bonach

Mr. Edward J. Bonach is no longer Chief Executive Officer, Director of CNO Financial Group, Inc., effective December 31, 2017. He joined CNO from National Life Group, where he served as executive vice president and chief financial officer. Before joining National Life in 2002, he was with Allianz Life for 23 years, where his positions included President — Reinsurance Division and chief financial officer. He is a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and a Chartered Enterprise Risk Analyst. With respect to Mr. Bonach's nomination for re-election, the Board and the Governance and Nominating Committee considered his experience as chief executive officer and chief financial officer of the Company and his extensive insurance, actuarial and executive management experience.

Erik Helding

Mr. Erik Helding is Chief Financial Officer, Executive Vice President of the Company. From August 2012 to April 2016, senior vice president, treasury and investor relations. Prior to August 2012, Mr. Helding was vice president, financial planning and analysis and he has held various finance positions since joining CNO in 2004.

Mike Heard

Mr. Mike Heard serves as President - Washington National Segment of the Company. Heard, who served previously as Senior Vice President of Enterprise Operations for CNO. Prior to joining CNO in 2013, Heard spent eight years at Genworth Financial in senior leadership positions, most recently as Senior Vice President, Business Strategy & Product Support, and has held a variety of claims, service, and operations roles for GE Financial. He earned both an M.S. and B.S. in Industrial Engineering from Purdue University.

Joel Schwartz

Mr. Joel Schwartz serves as President - Colonial Penn Segment of the Company. Schwartz served previously as Vice President, Finance and Administration for Colonial Penn. He joined CNO in 2014, after serving as Senior Vice President and CFO for Lincoln Financial Distributors, a division of Lincoln Financial Group. He earned a BS in Business Administration from Villanova University.

Bruce Baude

Mr. Bruce Baude is a Chief Operations and Technology Officer, Executive Vice President of CNO Financial Group, Inc. From 2008 to 2012, Mr. Baude was chief operating officer at Univita Health.

Matthew Zimpfer

Mr. Matthew J. Zimpfer is an Executive Vice President, General Counselof CNO Financial Group, Inc. Mr. Zimpfer has held various legal positions since joining CNO in 1998.

Susan Menzel

Ms. Susan L. Menzel is a Executive Vice President - Human Resources of CNO Financial Group, Inc.

Christopher Nickele

Mr. Christopher J. Nickele is a Executive Vice President and Chief Actuary of CNO Financial Group, Inc. From October 2005 until August 2014, executive vice president, product management and from May 2010 until March 2014, president, Other CNO Business.

John Kline

Mr. John R. Kline is a Senior Vice President, Chief Accounting Officer of CNO Financial Group, Inc. Mr. Kline has served in various accounting and finance capacities with CNO since 1990.

Eric Johnson

Mr. Eric R. Johnson is a Chief Investment Officer of CNO Financial Group, Inc. He is president and chief executive officer of 40|86 Advisors, CNO's wholly-owned registered investment advisor. Mr. Johnson has held various investment management positions since joining CNO in 1997.

Gerardo Monroy

Mr. Gerardo Monroy serves as Chief Marketing Officer of the Company. He will lead CNO's enterprise Marketing and Communications team. Monroy served previously as President of Colonial Penn. Prior to that, he served as Vice President of the long-term care business for CNO's Bankers Life segment. He joined CNO in 2001 and has had previous executive assignments in marketing, distribution, and strategy. He earned a BA in Accounting from Universidad Iberoamericana in Mexico City, and an MBA from Harvard University.

Adam Auvil

Stephen David

Mr. Stephen N. David is Director of the Company. He has been nominated for election at the Annual Meeting, succeeding Michael Tokarz who is retiring from our Board. Mr. David has been a Senior Advisor with The Boston Consulting Group since 2005, providing strategic planning services in sales, marketing and technology to a variety of clients across multiple industries, including financial services. He retired in 2005 after 34 years with Procter & Gamble ("P&G"). During his P&G career Mr. David held multiple senior management positions including Chief Information Officer, Global Customer Development Officer, and Senior Vice President, Business Development. He served as a director of Checkpoint Systems, Inc., which provides merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility, from 2012 until the completion of the sale of the company in May 2016. He also served as a director of Iomega Corporation, a consumer technology company, from 2002 until its acquisition by EMC Corporation in 2008. With respect to Mr. David's nomination for election, the Board and the Governance and Nominating Committee considered his extensive leadership experience in technology, strategy, marketing and sales.

Ellyn Brown

Ms. Ellyn L. Brown is an Independent Director of CNO Financial Group, Inc. She joined our Board in May 2012. Until her retirement from full-time law practice, Ms. Brown practiced corporate and securities law, most recently as principal of Brown & Associates, a boutique law and consulting firm that provided operations, regulatory and governance services to financial services industry clients and other clients that operated in heavily regulated, high-scrutiny environments. Ms. Brown served as a member of the board of directors of NYSE Euronext (and predecessor entities) (NYSE:NYX) from 2005 until the acquisition of NYX by the Intercontinental Exchange in 2013, and also chaired the board of NYSE Regulation, Inc., the entity that oversaw market regulation at the NYSE and its affiliated exchanges. She has been a member of the board of directors of Walter Investment Management Corp. (NYSE:WAC) since 2009 and a member of the board of Brinker Capital Destinations Trust since January 2017. Ms. Brown served as a governor of the Financial Industry Regulatory Authority from 2007 – 2012 and, from 2007 – 2011, was a trustee of the Financial Accounting Foundation, the parent entity of the Financial Accounting Standards Board and the Governmental Accounting Standards Board. With respect to Ms. Brown's nomination for re-election, the Board and the Governance and Nominating Committee considered her extensive financial industry, legal and regulatory experience.

Robert Greving

Mr. Robert C. Greving is an Independent Director of CNO Financial Group, Inc. He joined our Board in May 2011. Mr. Greving is the retired executive vice president, chief financial officer and chief actuary for Unum Group, having held those positions from 2005 to 2009. Mr. Greving also served as president of Unum International Ltd., Bermuda. Before becoming executive vice president and chief financial officer of Unum Group in 2003, he held senior vice president, finance, and chief actuary positions with Unum Group and with The Provident Companies, Inc., which merged with Unum Group. His duties prior to retirement included directing all aspects of the finance and actuarial responsibilities for the corporate and nine insurance subsidiary insurance companies of Unum Group. He previously held senior positions with PennCorp Dallas Operations, Southwestern Life Insurance Company, American Founders Insurance Company, Aegon USA and Horace Mann Life Insurance Company during his 35 years in the insurance industry. He is a Fellow of the Society of Actuaries. With respect to Mr. Greving's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive experience with the management of companies in the life, health, disability and annuity lines of business and in particular with the actuarial, financial and investment disciplines.

Mary Henderson

Ms. Mary R. Henderson is an Independent Director of CNO Financial Group, Inc. She joined our Board in August 2012. Ms. Henderson is the managing partner of Henderson Advisory, a consulting practice providing marketing perspective and business evaluation to investment management firms in the consumer products and food industries. Previously she was a corporate vice president of Bestfoods and president of Bestfoods Grocery. During her 30-year career with Bestfoods, and its predecessor company CPC International, Ms. Henderson held a wide variety of international and North American general management and executive marketing positions. Ms. Henderson has been a director of IWG plc (formerly Regus plc) since May 2014 and has been a director of Hikma Pharmaceuticals plc since October 2016. She previously served as a director of Walter Energy, Inc. (2013 – 2016), Del Monte Foods Company (2002 – 2011), The Equitable Companies (1996 – 2000), AXA Financial (2001 – 2011), Pactiv Corporation (2000 – 2010), Royal Dutch Shell plc and its predecessor company The Shell Transport and Trading Company (2001 – 2009) and the Hunt Corporation (1991 – 2002). With respect to Ms. Henderson's nomination for re-election, the Board and the Governance and Nominating Committee considered her management leadership experience, consumer marketing background, and her experience as a director of companies in a variety of industries, including insurance.

Charles Jacklin

Mr. Charles J. Jacklin is an Independent Director of CNO Financial Group, Inc. He joined our Board in May 2015. Mr. Jacklin has more than 30 years of finance and investment experience. He served as Chief Executive Officer and President of Mellon Capital Management Corporation from 2006 until March 2011 and then served as Chairman until his retirement at the end of 2012. Mr. Jacklin also held several other executive management positions in his 18 years with Mellon Capital Management including chief investment strategist, where he was responsible for investment strategies and research, and director of asset allocation strategies, where he was responsible for portfolio management in domestic, international and global asset allocation strategies. He has also taught finance and investment strategy for 10 years at the University of Chicago and Stanford University Schools of Business. With respect to Mr. Jacklin's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive investment, investment risk management and finance experience.

Daniel Maurer

Mr. Daniel R. Maurer is an Independent Director of CNO Financial Group, Inc. He joined our Board in May 2015. Mr. Maurer was a member of the senior management team at Intuit Inc. from 2006 until his retirement in 2014. In his most recent role at Intuit, he oversaw the Small Business Solutions Group (including QuickBooks payroll, DemandForce, and QuickBase), and previously led the TurboTax®, Mint, and Quicken brands. Mr. Maurer has extensive global consumer retail sales and marketing experience with over 20 years in executive management at Procter & Gamble ("P&G"), including 15 years internationally. As General Manager of Global Customer Development at P&G's headquarters, he was tasked with building an effective marketing strategy to achieve a competitive advantage with P&G's largest global customers including Wal-Mart, Costco, Ahold, Tessco, and Carrefour. Subsequent to his tenure at P&G, Mr. Maurer was Vice President of Strategy for Global Sales and US Business at Campbell's Soup. He has served since 2012 on the board of directors of Zagg Inc, which designs, produces and distributes mobile accessory solutions, and served as a director of Checkpoint Systems, Inc., which provides merchandise availability solutions for the retail industry, encompassing loss prevention and merchandise visibility, from January 2016 until the completion of the sale of the company in May 2016. Previously, Mr. Maurer served as a director of Iomega Corporation, a consumer technology company, from 2006 until its acquisition by EMC Corporation in 2008. With respect to Mr. Maurer's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive experience in marketing and marketing strategy, including the use of digital marketing strategies to reach the middle market.

Neal Schneider

Mr. Neal C. Schneider is an Independent Director of Cno Financial Group, Inc. He joined our Board in September 2003. Mr. Schneider served from 2003 until 2010 as the non-executive chairman of the board of PMA Capital Corporation, whose subsidiaries provide insurance products, including workers' compensation and other commercial property and casualty lines of insurance, as well as fee-based services. He also served on the executive, audit and governance committees for PMA Capital. Until his retirement in 2000, Mr. Schneider spent 34 years with Arthur Andersen & Co., including service as partner in charge of the Worldwide Insurance Industry Practice and the North American Financial Service Practice. Between 2000 and 2002, he was an independent consultant and between 2002 and 2003, Mr. Schneider was a partner of Smart and Associates, LLP, a business advisory and accounting firm. With respect to Mr. Schneider's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive knowledge and experience in accounting and financial matters, particularly with respect to insurance companies, and in corporate governance.

Frederick Sievert

Mr. Frederick James Sievert is an Independent Director of Cno Financial Group, Inc. He joined our Board in May 2011. Mr. Sievert is the retired President of New York Life Insurance Company, having served in that position from 2002 through 2007. Mr. Sievert shared responsibility for overall company management in the Office of the Chairman, from 2004 until his retirement in 2007. Mr. Sievert joined New York Life in 1992 as senior vice president and chief financial officer of the individual insurance businesses. In 1995 he was promoted to executive vice president and was elected to the New York Life board of directors in 1996. Prior to joining New York Life, Mr. Sievert was a senior vice president for Royal Maccabees Life Insurance Company, a subsidiary of the Royal Insurance Group of London, England. Mr. Sievert is a Fellow of the Society of Actuaries. He has been a director of Reinsurance Group of America, Incorporated since 2010. With respect to Mr. Sievert's nomination for re-election, the Board and the Governance and Nominating Committee considered his extensive insurance, actuarial and executive management experience.