Aflac Announces Two Key Executive Changes
Press release from the issuing company
Tuesday, September 30th, 2014
Aflac today announced changes for two key executives as part of its ongoing U.S. Operations strategy.
Effective immediately, Teresa L. White is being named president, Aflac U.S., which includes responsibility for Aflac Group operations in Columbia, S.C. White will continue to report to Kenneth S. Janke, deputy chief financial officer; executive vice president of Aflac Incorporated. Janke, formerly president of Aflac U.S., is returning full time to the deputy CFO role, assuming additional responsibilities to include the financial reporting and actuarial functions. He is also responsible for the Company's strategy function and continues to report to Kriss Cloninger III.
"Our realignment in 2013 has successfully accomplished what it was designed to do, which was in part to grow our leadership bench, and that coupled with Ken and Teresa's outstanding performance is why we are able to make these announcements today. I am pleased with what Ken has accomplished while serving as both deputy chief financial officer and president of U.S. operations in terms of his development into an operational CFO candidate, and while we fully expect Kriss to be with us for several years, having Ken focus on these additional areas of responsibility will only make us stronger going forward," said Dan Amos, chief executive officer.
Regarding White, Amos said, "Teresa has performed exceptionally well as chief operating officer and continues to be respected as a top professional, both internally and externally. Teresa has an outstanding track record for serving our policyholders, employees, agents and shareholders. She is ideally suited to lead U.S. Operations."