Business & Finance
Mon, July 19, 2010Sat, July 17, 2010Fri, July 16, 2010McGarry Appointed CEO of Unum UK
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Published in Business and Finance on Monday, July 19th 2010 at 5:30 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
CHATTANOOGA, Tenn.--([ BUSINESS WIRE ])--Unum (NYSE:UNM) today announced that Jack McGarry, senior vice president of benefits and risk management for the companya™s Unum US unit, has been appointed president and CEO of Unum UK following the announcement by Susan Ring that she is stepping down from that role.
"We thank Susan for her many contributions"
McGarrya™s appointment is subject to approval by the U.K. Financial Services Authority.
aJack has a strong record of success in various leadership positions in our U.S. operations, and we believe he is uniquely qualified to build off of our prior successes in the U.K. market,a said Thomas R. Watjen, president and CEO of Unum Group.
McGarry joined Unum in 1986 and has held a number of leadership positions in finance, underwriting and benefit operations. He has a degree in Mathematics from the University of Vermont.
aUnum UK is a market leader and has been an important contributor to the overall success of our company,a added Watjen. aWe believe that we are well-positioned to navigate todaya™s challenging market conditions while also capitalizing on the opportunities emerging in the U.K. marketplace.a
Susan Ring, who joined Unum UK in 1995 and was appointed to president and CEO in December 2002, will remain with the company in an advisory capacity until February 2011.
aWe thank Susan for her many contributions,a said Watjen. aUnder her leadership, Unum has grown significantly and become an important and successful business in the U.K.a
ABOUT UNUM
Unum ([ www.unum.com ]) is one of the leading providers of employee benefits products and services and the largest provider of group and individual disability income protection insurance in the United States and the United Kingdom.