In its annual proxy statement released today in advance of the
“Unum has been a very good performer and an excellent long-term investment during one of the most challenging economic periods in memory, with a 9.76 percent compound annual return to shareholders over the last 10 years,” the company reported to shareholders in its report today.
In the past year, Unum's total shareholder return of 35.1 percent was 62 percent better than its industry peers and more than triple the returns for the S&P 500.
McKenney, 48, succeeded
As chief financial officer for the first four months of 2015 and CEO the second two thirds of that year, McKenney was paid more than
McKenney is forecasting additional growth for Unum in the 3 to 6 percent range this year — perhaps even more if the company does other acquisitions.
With the prospect of higher interest yields on the company's
“I think we are positioned better now than we have ever been to grow the company,” McKenney said in a recent interview.
Unum added dental and vision insurance coverage this year and announced Wednesday it will add stop loss insurance coverage to its portfolio of products next year.
(c)2017 the Chattanooga Times/Free Press (Chattanooga, Tenn.)
Visit the Chattanooga Times/Free Press (Chattanooga, Tenn.) at www.timesfreepress.com
Distributed by Tribune Content Agency, LLC.