March 7, 2013
/PRNewswire/ -- Torchmark Corporation (NYSE: TMK) announced that its Board of Directors has raised the quarterly dividend to
per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company's transfer agent on
, 2013. The dividend will be paid on
May 1, 2013
Torchmark also announced that
Marilyn A. Alexander
, Principal of the consulting firm of Alexander and Friedman, LLC, and
Wesley D. Protheroe
, retired Chief Executive Officer of Gerber Life Insurance Company, were elected to its Board of Directors on
February 27, 2013
Ms. Alexander, a Certified Public Accountant, holds an undergraduate degree from
and a M.B.A. from the Wharton Graduate School, University of Pennsylvania. She has more than 32 years of experience in finance, marketing and strategic planning at top corporations including Disneyland Resort where she was Senior Vice President and Chief Financial Officer, Walt Disney World Resort, Marriott Corporation and Towers Perrin as well as in her own consultancy practice.
Mr. Protheroe holds an undergraduate degree from
and a M.B.A. from Columbia University. He was named "Direct Marketer of the Year" in 2007 by the Direct Marketing Association, and brings extensive experience in brand positioning and development, marketing strategy, direct marketing and product innovation to the Board from a 34 year career at companies including Procter & Gamble,
, Pizza Hut, Great American Insurance Personal Lines Division and
, a subsidiary of Nestle, SA.
Torchmark Corporation is a holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies. Torchmark has several nationally recognized insurance subsidiaries. Globe Life And Accident is a direct-response provider of life insurance known for its administrative efficiencies. American Income Life provides individual life insurance to working families.
Liberty National Life
is one of the oldest traditional life insurers in the Southeast. United American is a consumer-oriented provider of supplemental life and health insurance. Family Heritage Life provides individual supplemental health insurance.
SOURCE Torchmark Corporation