Protective Life Corporation (NYSE: PL) today announced that Scott Karchunas has assumed senior management responsibility for Protective’s Asset Protection Division, and will be president of Lyndon Insurance Group, Inc., a Protective subsidiary. Scott has been with Protective for 25 years and was previously responsible for sales and marketing, product management and business operations.
Richard J. Bielen, Protective’s vice chairman and chief financial officer said, “Scott’s promotion to lead the Asset Protection Division is recognition of his excellent performance and leadership capability. We are confident that under Scott, this business segment will continue contributing to Protective’s success.”
ABOUT THE ASSET PROTECTION DIVISION
Protective’s Asset Protection Division provides extended vehicle service contracts, GAP, and credit insurance through dealerships and financial institutions.
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 customers. The company employs more than 2,300 employees with offices throughout the U.S. It has annual revenues of approximately $3.6 billion and as of Dec. 31, 2011, had assets of approximately $52.9 billion.
Eva Robertson, 205-268-3912
Vice President, Investor Relations
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here