COLUMBUS, Ga., Aug. 27, 2015 /PRNewswire/ -- Aflac
Incorporated (NYSE: AFL) today announced that Andrew K. Glaub has been named senior vice
president and director of Aflac U.S. Sales, reporting to
Teresa L. White, president of Aflac
U.S. In his new role, which will be effective September 1, Glaub will be responsible for
providing leadership and vision as well as driving strategies to
advance Aflac's sales throughout the
United States.
Glaub will focus on the day-to-day operations of the sales
force, developing programs and initiatives to enhance the U.S.
sales strategy. Michael J.
Tomlinson, who has served in this capacity over the last
year, has made the decision to retire from the company to focus on
his health. Over the next several months, Tomlinson will remain as
an advisor to ensure that Aflac's U.S. sales function is successful
while also focusing on a smooth transition of leadership.
Glaub has extensive field leadership experience with Aflac,
having begun his career with the company 30 years ago as an
associate. He subsequently progressed through the ranks,
serving 22 years as a state sales coordinator and two years as a
vice president; territory director. In July
2015, he became deputy director of Aflac U.S. Sales before
being promoted to his new role of senior vice president and
director of Aflac U.S. Sales. Throughout his career, Glaub has
consistently met and exceeded his sales goals and earned nearly 60
of Aflac's most prestigious accolades and awards, all of which
exemplify his leadership and results-oriented approach. Under his
leadership, Glaub has mentored and developed numerous other
executives who have gone on to lead other Aflac sales
organizations.
Commenting on the promotion of Glaub, Tomlinson said: "I have
worked closely with Andy for 30 years, and I have watched him
develop into an effective and compassionate leader whom I admire
very much. Through leading with words as well as actions, Andy has
earned the utmost respect among our sales force, corporate
headquarters and customers. So, I can rest assured that I leave
Aflac in Andy's very competent hands, and I look forward to seeing
him continue to succeed."
White added: "Like so many who have had the opportunity to work
with Mike, I am grateful for his many years of leadership and
dedication to Aflac. While we will miss working with him, we wish
him the very best in his retirement. I also look forward to working
closely with Andy, who has proven his leadership capabilities and
done an exceptional job throughout his three decades with
Aflac."
Aflac Chairman and CEO Daniel P.
Amos commented: "Mike has been an outstanding leader who has
served as a role model of excellence in ethics, values and
performance throughout his 36 years with the company. Without
Mike's leadership and expertise, the very important work last year
related to the sales model changes would not have been
accomplished, and I am eternally grateful to him. I wish him good
health and happiness as he enters this new phase of his life with
his family. At the same time, as Aflac pursues its strategy
designed to boost sales and foster growth in the U.S. market,
Andy Glaub is the ideal person to
lead the charge. Throughout Andy's entire three-decade career at
Aflac, he has proven to be an intensely focused trailblazer with
great leadership skills. I look forward to working with Andy, and
to the great things that he will help our sales force and our
company accomplish."
About Aflac
When a policyholder gets sick or hurt,
Aflac pays cash benefits fast. For nearly six decades, Aflac
insurance policies have given policyholders the opportunity to
focus on recovery, not financial stress. In the United States, Aflac is the leading
provider of voluntary insurance at the worksite. Through its
trailblazing One Day Pay(SM) initiative, Aflac U.S. can receive,
process, approve and disburse payment for eligible claims in one
business day. In Japan, Aflac is
the leading provider of medical and cancer insurance and insures
one in four households. Aflac individual and group insurance
products help provide protection to more than 50 million people
worldwide. For nine consecutive years, Aflac has been recognized by
Ethisphere magazine as one of the World's Most Ethical Companies.
In 2015, Fortune magazine recognized Aflac as one of the 100 Best
Companies to Work For in America for the 17th consecutive year.
Also, in 2015, Fortune magazine included Aflac on its list of Most
Admired Companies for the 14th time, ranking the company No. 1 in
innovation for the insurance, life and health category. Aflac
Incorporated is a Fortune 500 company listed on the New York Stock
Exchange under the symbol AFL. To find out more about Aflac and One
Day Pay(SM), visit aflac.com or espanol.aflac.com.
Forward-looking Information
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: difficult
conditions in global capital markets and the economy; governmental
actions for the purpose of stabilizing the financial markets;
defaults and credit downgrades of securities in our investment
portfolio; exposure to significant financial and capital markets
risk; fluctuations in foreign currency exchange rates; significant
changes in investment yield rates; credit and other risks
associated with Aflac's investment in perpetual securities;
differing judgments applied to investment valuations; significant
valuation judgments in determination of amount of impairments taken
on our investments; limited availability of acceptable
yen-denominated investments; concentration of our investments in
any particular single-issuer or sector; concentration of business
in Japan; decline in
creditworthiness of other financial institutions; deviations in
actual experience from pricing and reserving assumptions;
subsidiaries' ability to pay dividends to Aflac Incorporated;
ineffective risk management policies and procedures; changes in law
or regulation by governmental authorities; ability to attract and
retain qualified sales associates and employees; decreases in our
financial strength or debt ratings; ability to continue to develop
and implement improvements in information technology systems;
interruption in telecommunication, information technology and other
operational systems, or a failure to maintain the security,
confidentiality or privacy of sensitive data residing on such
systems; changes in U.S. and/or Japanese accounting standards;
failure to comply with restrictions on patient privacy and
information security; level and outcome of litigation; ability to
effectively manage key executive succession; catastrophic events
including, but not necessarily limited to, epidemics, pandemics,
tornadoes, hurricanes, earthquakes, tsunamis, acts of terrorism and
damage incidental to such events; ongoing changes in our industry;
events that damage our reputation; increased expenses for pension
and other postretirement plans; and failure of internal controls or
corporate governance policies and procedures.
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Analyst and investor contact – Robin Y.
Wilkey, 706.596.3264 or 800.235.2667; FAX: 706.324.6330, or
rwilkey@aflac.com
Media contact – Catherine Blades,
706.596.3014; FAX: 706.320.2288, or cblades@aflac.com
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SOURCE Aflac Incorporated