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SMALL BUSINESS
Vie to Step Down as Unitrin’s Chairman at Year-End; Southwell Named Successor
Business Wire
Unitrin, Inc. (NYSE: UTR) announced today that Richard C. Vie will be
stepping down as its Chairman of the Board at the end of 2009 and that
Donald G. Southwell, Unitrin’s President and Chief Executive Officer,
will assume the position of Chairman, effective January 1, 2010. Mr. Vie
will also be retiring as an employee at year-end, but will continue to
be a member of Unitrin’s board of directors. Mr. Vie has served Unitrin
in a number of capacities since its spinoff from Teledyne, Inc. in 1990,
including as its Chief Executive Officer from March 1992 until August
2006.
Unitrin is a financial services company focused on creating shareholder
value by providing through its subsidiaries a diverse array of insurance
products and services for individuals, families and small businesses.
Among the brands in Unitrin’s Property and Casualty Insurance businesses
are Kemper
®1 and Unitrin Specialty, which sell personal and
commercial insurance through networks of independent agents, and Unitrin
Direct, which sells automobile and homeowners insurance directly to
consumers or through employer-sponsored voluntary benefit programs.
Unitrin’s Life and Health Insurance businesses bring a high-level of
personalized service to their customers. Additional information about
Unitrin is available by visiting its website (
www.unitrin.com).
1 Unitrin uses the registered trademark “Kemper” under
license, for personal lines insurance only, from Lumbermens Mutual
Casualty Company, which is not affiliated with Unitrin.
Copyright Business Wire 2009
2009-11-04 17:18:00
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