COLUMBUS, Ga., Oct. 2 /PRNewswire-FirstCall/ -- Aflac today announced
that Jeffrey M. Herbert has resigned as senior vice president and chief
marketing officer of the company's U.S. insurance operation. Herbert joined
Aflac in October 2006 and cited personal reasons for his departure from the
company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO )
Commenting on Herbert's resignation, Aflac president and chief
operating officer for Aflac U.S., Paul S. Amos II stated: "Although Jeff's
tenure with Aflac was short, we are appreciative of his contributions to
our company, and we wish him the best in his future endeavors.
"When we hired Jeff a year ago, we did so after deciding to split the
senior level responsibilities of marketing and sales. We still believe that
is an effective organization for our business and to that end, we will
begin an immediate search for a replacement to work closely with our
director of sales, Ron Kirkland. Due in great part to Ron's effective
leadership of our sales force, I believe we are on track to achieve our
sales targets for the year, and I believe 2007 will be another record year
for Aflac U.S."
For more than 50 years, Aflac products have given policyholders the
opportunity to direct cash where it is needed most when a life-interrupting
medical event causes financial challenges. Aflac is the number one provider
of guaranteed-renewable insurance in the United States and the number one
insurance company in terms of individual insurance policies in force in
Japan. Our insurance products provide protection to more than 40 million
people worldwide. Aflac has been included in Fortune magazine's listing of
America's Most Admired Companies for seven consecutive years and in Fortune
magazine's list of the 100 Best Companies to Work For in America for nine
consecutive years. Aflac has also been recognized three times by both
Fortune magazine's listing of the Top 50 Employers for Minorities and
Working Mother magazine's listing of the 100 Best Companies for Working
Mothers. Aflac Incorporated is a Fortune 500 company listed on the New York
Stock Exchange under the symbol AFL. To find out more about Aflac, visit
aflac.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" to encourage companies to provide prospective information, so long
as those informational statements are identified as forward-looking and are
accompanied by meaningful cautionary statements identifying important
factors that could cause actual results to differ materially from those
included in the forward-looking statements. We desire to take advantage of
these provisions. This document contains cautionary statements identifying
important factors that could cause actual results to differ materially from
those projected herein, and in any other statements made by company
officials in communications with the financial community and contained in
documents filed with the Securities and Exchange Commission (SEC).
Forward-looking statements are not based on historical information and
relate to future operations, strategies, financial results or other
developments. Furthermore, forward- looking information is subject to
numerous assumptions, risks, and uncertainties. In particular, statements
containing words such as "expect," "anticipate," "believe," "goal,"
"objective," "may," "should," "estimate," "intends," "projects," "will,"
"assumes," "potential," "target," or similar words as well as specific
projections of future results, generally qualify as forward-looking. Aflac
undertakes no obligation to update such forward-looking statements.
We caution readers that the following factors, in addition to other
factors mentioned from time to time could cause actual results to differ
materially from those contemplated by the forward-looking statements:
legislative and regulatory developments; assessments for insurance company
insolvencies; competitive conditions in the United States and Japan; new
product development and customer response to new products and new marketing
initiatives; ability to attract and retain qualified sales associates;
ability to repatriate profits from Japan; changes in U.S. and/or Japanese
tax laws or accounting requirements; credit and other risks associated with
Aflac's investment activities; significant changes in investment yield
rates; fluctuations in foreign currency exchange rates; deviations in
actual experience from pricing and reserving assumptions including, but not
limited to, morbidity, mortality, persistency, expenses, and investment
yields; level and outcome of litigation; downgrades in the company's credit
rating; changes in rating agency policies or practices; subsidiary's
ability to pay dividends to parent company; ineffectiveness of hedging
strategies used to minimize the exposure of our shareholders' equity to
foreign currency translation fluctuations; catastrophic events; and general
economic conditions in the United States and Japan.
Analyst and investor contact - Kenneth S. Janke Jr., 800.235.2667 -
option 3, FAX: 706.324.6330, or kjanke@aflac.com
Media contact - Laura Kane, 706.596.3493, FAX: 706.320.2288, or
lkane@aflac.com
SOURCE Aflac
 back to top
Related links:
http://www.aflac.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Analyst and investor contact, Kenneth S.
Janke Jr., +1-800-235-2667 option 3, Fax +1-706-324-6330,
kjanke@aflac.com; or Media contact, Laura Kane, +1-706-596-3493,
Fax +1-706-320-2288, lkane@aflac.com, both of Aflac
|
