Horace Mann Creates Succession Planning Committee, Considering Internal, External Candidates
Horace Mann (NYSE: HMN) announced it and its President and CEO, Peter H. Heckman, entered into a transition agreement to assure Mr. Heckman's continued employment through December 31, 2013 (“Transition Date”). In light of Mr. Heckman's retirement eligibility, the Company's Board of Directors created a Succession Planning Committee (“Committee”) in 2011 to address CEO succession. That Committee will oversee the process of selecting a new CEO and transitioning from Mr. Heckman to his successor. The Committee has engaged an executive search firm to assist with the process, and both internal and external candidates will be considered.
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