SPRINGFIELD, Ill., April 24, 2013 /PRNewswire/ -- The Board of
Directors of Horace Mann Educators Corporation (NYSE:HMN) today
announced the hiring of Marita
Zuraitis as President and Chief Executive Officer-Elect,
effective May 13, 2013. Ms.
Zuraitis will work with the Board of Directors and current
President and CEO, Peter H. Heckman,
over the next several months to achieve an orderly transition to
the President and CEO position.
Ms. Zuraitis joins Horace Mann
from The Hanover Insurance Group (NYSE: THG) where she was an
Executive Vice President and member of The Hanover's Executive Leadership Team.
Since joining The Hanover in 2004,
she served as President, Property and Casualty Companies,
responsible for the personal and commercial lines operations at
Citizens Insurance Company of America, The Hanover Insurance
Company and their affiliates, representing $3 billion in annual net written premium.
Prior to joining the The Hanover,
she was with The St.
Paul/Travelers Companies for six years, where she achieved
the position of President and Chief Executive Officer, Commercial
Lines. Ms. Zuraitis also held a number of increasingly
responsible underwriting and field management positions with
USF&G and Aetna Life and
Casualty.
"Marita Zuraitis has had an
exemplary, 30-year career in the insurance industry and is a
well-known and highly-respected executive," said Gabriel Shaheen, Chairman of the Board of Horace
Mann Educators Corporation. "Pete
Heckman and his management team have built a solid
foundation that has positioned the company for continued success,
and we are excited to have Marita join us to further develop the
quality of service provided to the educator market, profitably grow
the business, and continue Horace
Mann's commitment to deliver exceptional value to its
shareholders."
Horace Mann -- the largest
national multiline insurance company focusing on educators'
financial needs -- provides auto and homeowners insurance,
retirement annuities, life insurance and other financial
solutions. Founded by Educators for Educators® in 1945, the
company is headquartered in Springfield, Ill. For more information,
visit www.horacemann.com.
Statements included in this news release that are not historical
in nature are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995 and are subject to certain
risks and uncertainties. Horace
Mann is not under any obligation to (and expressly disclaims
any such obligation to) update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Please refer to the company's Annual Report on
Form 10-K for the year ended December 31,
2012 and the company's past and future filings and reports
filed with the Securities and Exchange Commission for information
concerning the important factors that could cause actual results to
differ materially from those in forward-looking statements.
The information contained in this press release includes financial
measures which are based on methodologies other than United States generally accepted accounting
principles ("GAAP"). Reconciliations of non-GAAP measures to
the closest GAAP measures are contained in the supplemental
numerical pages of this release and additional descriptions of the
non-GAAP measures are contained in the Glossary of Selected Terms
included as an exhibit to the company's SEC filings.
SOURCE Horace Mann Educators Corporation