Former CIO Fussell will return to the company on interim basis
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
Unum Group (NYSE:UNM) today announced that Senior Vice President and
Chief Investment Officer Frank Williamson is resigning after 15 years
with the company, the last two of which he oversaw Investments, to
pursue other interests. He will remain with Unum temporarily in an
advisory capacity.
Former Senior Vice President and Chief Investment Officer David Fussell,
who retired from Unum in February 2008, has agreed to return to the
company as interim Chief Investment Officer until a successor is named.
“Frank has made tremendous contributions to Unum over the last 15 years,
and we certainly wish him well as he pursues other personal and
professional interests,” said Thomas R. Watjen, president and chief
executive officer. “We’re fortunate that David has agreed to come out of
retirement on an interim basis to help assure that we maintain our
current investment strategy and to oversee a portfolio that is among the
strongest and most highly regarded in the industry. His past experience
and knowledge of the function will no doubt ensure a smooth transition
in leadership.”
About Unum
Unum (www.unum.com)
is one of the leading providers of employee benefits products and
services in the United States and the United Kingdom. Through its
subsidiaries, Unum provided nearly $6 billion in total benefits to
customers in 2009.
Source: Unum Group
Contact:
Unum Group
MEDIA:
Jim Sabourin, 423-294-6300 or 866-759-8686
or
INVESTORS:
Tom
White, 423-294-8996