RGA Announces Retirement of Board Chair J. Cliff Eason and Appoints New Chair to RGA Board of Directors
September 14 2022 - 4:15PM
Business Wire
Reinsurance Group of America, Incorporated (NYSE: RGA), a
leading global life and health reinsurer, today announced the
upcoming retirement of Board Chair J. Cliff Eason. Mr. Eason will
retire from his position on December 31, 2022, and current Board
Member Stephen T. O’Hearn will assume the role of Chair on January
1, 2023.
“On behalf of the entire organization, I want to thank Cliff for
the remarkable leadership, outstanding stewardship, and unwavering
encouragement he has provided during his nearly 30 years of service
on the RGA Board,” said Anna Manning, President and Chief Executive
Officer, RGA. “Cliff is a leader of the highest integrity and we
wish him the very best in his upcoming retirement.”
Mr. Eason joined the Board at RGA’s initial public offering in
May 1993 and became Chair in 2008. He retired as President and
Chief Executive Officer of Southwestern Bell Telephone in January,
2001 following a long career in the telecommunications
industry.
“We are incredibly grateful for Cliff’s years of leadership on
the RGA Board. His wisdom and experience have been invaluable to
the company and we will all continue to be inspired by his legacy,”
said Stephen O’Hearn, Chair-Elect of the Board of Directors, RGA.
“I am honored to take on the role of Board Chair and look forward
with confidence to the future of the organization.”
Mr. O’Hearn spent much of his career with PricewaterhouseCoopers
(PwC) and was with the firm for 38 years. Most recently, he served
as the Global Leader of PwC’s Insurance Practice, during which time
he also served on PwC’s extended global leadership team.
“Steve’s financial services and insurance expertise, coupled
with his global work experience, have brought tremendous value to
our Board since he joined in 2020,” said Manning. “As we look to
the future, I am excited to continue working with Steve to build on
RGA’s long track record of success.”
About RGA
Reinsurance Group of America, Incorporated (NYSE: RGA) is a
global industry leader specializing in life and health reinsurance
and financial solutions that help clients effectively manage risk
and optimize capital. Founded in 1973, RGA is one of the world’s
largest and most respected reinsurers and is guided by a
fundamental purpose: to make financial protection accessible to
all. RGA is widely recognized for superior risk management and
underwriting expertise, innovative product design, and dedicated
client focus. RGA serves clients and partners in key markets around
the world and has approximately $3.4 trillion of life reinsurance
in force and assets of $84.6 billion as of June 30, 2022. To learn
more about RGA and its businesses, visit www.rgare.com. Follow RGA
on LinkedIn, Twitter, and Facebook.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220914005894/en/
Lynn Phillips Vice President, Corporate Communications
636-736-2351 lphillips@rgare.com
Lizzie Curry Director, Public Relations 636-736-8521
lizzie.curry@rgare.com
Jeff Hopson Senior Vice President, Investor Relations
636-736-2068 jhopson@rgare.com
Reinsurance Group of Ame... (NYSE:RGA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Reinsurance Group of Ame... (NYSE:RGA)
Historical Stock Chart
From Apr 2023 to Apr 2024