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Protective Life Corporation Hires David Perry As New Vice President Of Operational Risk

Stocks in this article: PL

Protective Life Corporation (NYSE: PL) announced today that David Perry has been named to the newly created role of vice president, operational risk. In this capacity, Perry will be responsible for leading operational risk management efforts within Protective’s Enterprise Risk Management (ERM) department. In addition, he will support broad efforts to advance the company’s ERM program as well as specific initiatives to manage both existing and emerging regulatory risks.

Perry currently serves as chief of staff for Alabama Governor Robert Bentley, where his responsibilities include running daily operations for the governor’s administration. He previously served as the state’s finance director, where he developed and managed a state budget with $20 billion in annual revenues and managed a staff of 500 employees. Prior to joining Governor Bentley’s administration, David worked at Maynard Cooper & Gale PC in Birmingham. Perry graduated from Duke University with a B.A. in public policy studies, cum laude, and from Northwestern University School of Law, cum laude.

Perry will report to Mike Temple, Protective’s executive vice president and chief risk officer.

“We are pleased to have David join the Protective family. He is a talented leader with a unique combination of operational management, financial and legal experience,” said Temple. “The ERM team is focused on managing Protective’s risks, and I am confident that David will not only effectively lead our operational risk management efforts but also become an important part of Protective’s leadership team.”

For more information about Protective Life Corporation, please visit www.protective.com.

ABOUT PROTECTIVE LIFE CORPORATION

Headquartered in Birmingham, Ala.,  Protective Life Corporation (NYSE: PL) is a financial services holding company. The company’s primary subsidiary was established in 1907 and today still exhibits the steadfast commitment to provide a valuable portfolio of protection and retirement products to millions of insured. The company employs more than 2,400 employees with offices throughout the U.S. It has annual revenues of approximately $4 billion and as of Dec. 31, 2013, had assets of approximately $68.8 billion.

Copyright Business Wire 2010

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