AUSTIN, Texas, Oct. 29, 2019 /PRNewswire/ -- Ross R. Moody,
Chairman of the Board, President, and Chief Executive Officer of
National Western Life Group, Inc. (NWLGI) announced that
Rey Perez will assume the role of
President and Chief Operating Officer of National Western Life
Insurance Company (NWLIC), a wholly owned subsidiary of NWLGI,
effective January 1, 2020. Kitty
K. Nelson, the current President and Chief Operating Officer of
NWLIC has informed the Board of Directors of her intention to step
down from this role effective December
31, 2019. Ms. Nelson will remain a member of the
Board of Directors of NWLIC, and will also serve as a Special
Advisor to the company.
Mr. Perez joined NWLIC's Law Department in September 2000, and most recently served as
Executive Vice President – Chief Legal Officer. Mr. Perez has been
a key member of the company's senior staff and has been actively
engaged in the management of the entire company for the past
year. "Rey's experience in all areas of the company will
ensure a smooth transition in this key leadership position," said
Mr. Moody. "Kitty has provided exemplary leadership to the
company, and we are convinced that Rey is the right person to allow
the company to continue that same journey of ongoing success."
Mr. Perez holds a Juris Doctor degree from the University of Texas at Austin School of Law along
with a Bachelor's Degree in Finance from the University of Texas at Austin McCombs School of
Business. He has been instrumental in a number of milestone events
in the history of the company, including the acquisition of Ozark
National Life Insurance Company in 2019.
About National Western Life:
National Western Life Group, Inc. ("Company") is the parent
organization of NWLIC. Founded in 1956, NWLIC is a stock life
insurance company offering a broad portfolio of individual
universal life, whole life and term insurance plans, as well as
annuity products. NWLIC has 284 employees and approximately 27,000
contracted independent agents, brokers, and consultants. At
June 30, 2019, the Company maintained
consolidated total assets of $12.6
billion, stockholders' equity of $2.1
billion, and life insurance inforce of $24.1 billion.
Release Contact:
Patrick D.
Johnson
Vice President, Human Resources
(512) 836-1010
pjohnson@nationalwesternlife.com
www.nationalwesternlife.com
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SOURCE National Western Life Group, Inc.