Business & Finance
Business and Finance
Business and Finance
Thu, May 19, 2011
Wed, May 18, 2011 FBL Financial Group Holds Annual Meeting and Elects New Director
WEST DES MOINES, Iowa--([ BUSINESS WIRE ])--FBL Financial Group, Inc. (NYSE: FFG) today held its annual meeting and elected Scott E. VanderWal a new Class B director.
Annual Meeting Held. During the annual meeting, FBL Financial Group shareholders elected eight Class A Directors and five Class B Directors to one year terms ending at the annual meeting in 2012. In addition, shareholders also approved by non-binding vote, executive compensation, recommended by non-binding vote, a one year frequency for an executive compensation vote, approved an amendment to the Articles of Incorporation allowing certain changes in the number of directors and ratified the appointment of Ernst & Young LLP as its Independent Registered Public Accounting Firm for 2011. At the meeting Chief Executive Officer James E. Hohmann and Chief Financial Officer James P. Brannen reported on the state of business. Their comments and accompanying slides are available on FBL's website, [ www.fblfinancial.com ].
New Class B Director Elected. Scott E. VanderWal was elected a FBL Class B director, replacing Keith R. Olsen, who did not run for reelection.
VanderWal is president of the South Dakota Farm Bureau Federation and is a member of the boards of directors of several other FBL-affiliated companies. He is a graduate of South Dakota State University and operates a family farm.
FBL Financial Group is a holding company whose primary operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. FBL Financial Group underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. For more information, please visit [ www.fblfinancial.com ].
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