BIRMINGHAM, Ala., Aug. 2 /PRNewswire-FirstCall/ -- Torchmark Corporation
(NYSE: TMK) announced today that the Board of Directors has elected Mark S.
McAndrew to the position of Chief Executive Officer, effective immediately.
At the time of this election, Mr. McAndrew held the position of Chairman of
Insurance Operations at Torchmark. C.B. Hudson, who previously held the
position of Chairman of the Board and Chief Executive Officer, will remain
Chairman of the Board.
Mr. McAndrew, 52, joined Torchmark's subsidiary Globe Life in 1980 and
subsequently held various executive positions with Torchmark subsidiaries. He
was elected to the Torchmark Board of Directors in 1998, Executive Vice
President of Torchmark in 1999 and Chairman of Insurance Operations in 2003.
A native of Iowa and a graduate of the University of Missouri, Mr.
McAndrew and his family reside in McKinney, Texas.
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 labor union members. Liberty National
Life, one of the oldest traditional life insurers in the Southeast, is the
largest life insurer in its home state of Alabama. United American has been a
provider of Medicare supplement health insurance since 1966.
SOURCE Torchmark Corporation
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Related links: http://www.torchmarkcorp.com
Company News On-Call: http://www.prnewswire.com/comp/885425.html
CONTACT: Joyce Lane, Vice President, Investor Relations of Torchmark Corporation, +1-972-569-3627, or fax, +1-972-569-3282, or jlane@torchmarkcorp.com
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