CITIZENS, INC. (NYSE:CIA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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Item 5.02-Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
Item5.02- Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers
On February27, 2017, Citizens, Inc. (Citizens) announced the
appointment of former Oklahoma administrator Frank Keating, 73, as a
director, effective immediately. Gov. Keating is a partner during the
law organisation of Holland Knight, LLP. Gov. Keating has held
poignant care positions in both a open and private
sectors. In further to portion as Governor of Oklahoma, his
considerable career includes portion as CEO of a American Bankers
Association and before to that President and CEO of a American
Council of Life Insurers, a trade organisation for a life
word and retirement confidence industry. He also has served as
partner secretary of a Treasury and associate attorney
ubiquitous underneath President Ronald Reagan. He was after general
warn and behaving emissary secretary for a Department of Housing
and Urban Development (HUD) underneath President George H.W. Bush.
During his reign during a Treasury Department and HUD, he worked
on poignant issues inspiring a banking, word and the
financial services industries. His law coercion career
enclosed portion as a U.S. profession for a Northern District
of Oklahoma and as an FBI agent.
Mr.Keating fills an open Board chair vacated by former director
Tim Timmerman, carrying been inaugurated by a now serving
ClassA directors in suitability with a Colorado Business
Corporation Act and Citizens bylaws. At a time of this
announcement, Mr.Keating has not been allocated to offer on any
committees of a Board.
A duplicate of a press recover released by Citizens per this
proclamation is trustworthy as Exhibit 99.1 and is incorporated
herein by reference.
Item9.01- Financial Statements and Exhibits
About CITIZENS, INC. (NYSE:CIA)
Citizens, Inc. is an word holding company. The Company operates in 3 business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Life Insurance shred issues typical whole life word in a United States and in a United States Dollar-denominated amounts to unfamiliar residents. It operates this shred by a subsidiaries, including CICA Life Insurance Company of America (CICA) and Citizens National Life Insurance Company (CNLIC). The Home Service shred sells limited-liability, named hazard skill policies covering home and contents. Its home use word products include of tiny face volume typical whole life and pre-need policies, that are designed to account final losses for a insured, essentially consisting of wake and funeral costs. The Other Non-insurance Enterprises shred includes Computing Technology, Inc. and Insurance Investors, Inc. This shred also includes a formula of Citizens, Inc., a primogenitor company. CITIZENS, INC. (NYSE:CIA) Recent Trading Information
CITIZENS, INC. (NYSE:CIA) sealed a final trade event adult +0.30 during 9.65 with 127,767 shares trade hands.
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