CAROLYN JOHNSON JOINS BANKERS LIFE AND CASUALTY COMPANY AS CHIEF OF OPERATIONS
Monday, October 13, 2003
CHICAGO (October 13, 2003) - Carolyn M. Johnson
has joined Bankers Life and Casualty Company as Senior Vice
"We feel very fortunate to be adding such an experienced
operations leader as Carolyn to our senior team," said Edward M.
Berube, President and CEO of the Chicago insurer. "Carolyn is an
extraordinary insurance executive who brings a wealth of knowledge
and leadership to our organization."
Johnson's hiring marks the fourth female executive to join the
senior leadership team of the company. Women executives at Bankers
now make up 44% of the company's senior staff. The insurance
industry average for female executives is 31% according to "The
1999 Catalyst Census of Women Corporate Officers and Top Earners"
(www.catalyst.org), and is much lower at the senior vice president
"I'm very pleased to have the opportunity to join such a
progressive and dynamic insurance company. My job is going to be
very exciting based on the quality of Bankers people, the company's
excellent reputation in the senior market, and the aggressive
growth strategy Bankers is in the process of implementing. If
you're in the insurance business, the senior market with the influx
of all those gracefully aging baby boomers, is certainly the place
to be," said Johnson.
Johnson comes to Bankers following nine years with AEGON
subsidiaries. She served as chief operations officer for Western
Reserve Life; president of IDEX Investor Services, both in St.
Petersburg, Fla.; and president of AEGON Alliances, Louisville.
Johnson has also served in various leadership positions with
Providian, Louisville, Transamerica Occidental Life, Los Angeles,
and Merrill Lynch Life Agency, Pasadena.
A California native, she began her career at Prudential
Insurance Company of America in Pasadena. Johnson holds a B.S. in
Business Administration and Finance from California State
University, Los Angeles.
Established in 1879 and headquartered at the historic
Merchandise Mart in downtown Chicago, Bankers Life and Casualty
Company focuses exclusively on the financial security needs of
seniors. The company offers a broad portfolio of health and life
insurance and retirement savings products designed especially for
seniors. These products are distributed through a national network
of professionally trained company agents. Visit us online at www.bankers.com.