Horace Mann Educators Corp 8-K, filed Mar 18, 2021
Horace Mann Educators Corp (HMN)
8-K
2021-03-18
For: 2021-03-18
View Original
Added on
April 07, 2026
About this 8-K
Horace Mann Educators Corp filed this 8-K on March 18, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report: March 18, 2021
(Exact name of registrant as specified in its charter)
| (State of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: 217 ‑789‑2500
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Forward-looking Information
Statements included in the accompanying news release that state Horace Mann Educators Corporation’s (Company) or its management’s intentions, hopes, beliefs, expectations or predictions of future events or the Company’s future financial performance are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to known and unknown risks, uncertainties and other factors. The Company is not under any obligation to (and expressly disclaims any such obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. It is important to note that the Company’s actual results could differ materially from those projected in such forward-looking statements. Please refer to the Company’s most recent Annual Report on Form 10-K and the Company’s past and future filings and reports filed with the Securities and Exchange Commission (SEC) for information concerning the important factors that could cause actual results to differ materially from those in forward-looking statements.
| Item 5.02: | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | |||||||
Wade Rugenstein, Executive Vice President, Supplemental, is leaving the Company effective April 15, 2021 to pursue other interests outside of the insurance industry. Mr. Rugenstein’s responsibilities will be shared with existing members of the integrated leadership team.
| Item 9.01: | Financial Statements and Exhibits | |||||||
(d)Exhibits.
Exhibit 99.1 Press Release dated March 18, 2021. (Pursuant to General Instruction B.2 to Form 8-K, this press release is furnished and is not filed.)
Exhibit 104 The cover page to this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HORACE MANN EDUCATORS CORPORATION | |||||||||||
| By: | /s/ Donald M. Carley | ||||||||||
| Name: | Donald M. Carley | ||||||||||
| Title: | Executive Vice President, General Counsel, | ||||||||||
| Corporate Secretary and Chief Compliance | |||||||||||
| Officer | |||||||||||
Date: March 18, 2021
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Exhibit 99.1
 | News Release | |||||||
Contact information:
Heather J. Wietzel
Vice President, Investor Relations
217-788-5144
investorrelations@horacemann.com
Horace Mann Announces Management Departure; Reiterates Commitment to Achieving Sustainable Double-Digit Return on Equity
SPRINGFIELD, Ill., March 18, 2021 - Horace Mann Educators Corporation (NYSE:HMN) today announced that Wade Rugenstein, EVP Supplemental, is leaving the company effective April 15, 2021, to pursue other interests outside of the insurance industry.
“Wade joined Horace Mann in conjunction with our acquisition of NTA Life Enterprises, LLC (NTA) in July 2019,” said Horace Mann President and CEO Marita Zuraitis. “We appreciate his contribution to the successful integration of NTA as our new Supplemental Insurance segment and wish him the best in his future endeavors. As we accelerate our growth trajectory in the post-pandemic environment with Horace Mann’s full suite of financial solutions for educators, his responsibilities will be shared across our existing leadership team.
“Since the acquisition, the Supplemental business has become integral to our ongoing initiatives to improve our ability to serve educators by enhancing our product offerings, strengthening our distribution and modernizing our infrastructure,” Zuraitis added. “The Supplemental segment contributed $43.1 million to total 2020 core earnings of $143.1 million. Now fully integrated, this segment joins with the others to keep us on the path to sustainable, long-term double-digit ROEs.”
About Horace Mann
Horace Mann is the largest financial services company focused on providing America's educators and school employees with insurance and retirement solutions. Founded by Educators for Educators® in 1945, the company is headquartered in Springfield, Ill. For more information, visit horacemann.com.
Safe Harbor Statement
Statements included in this news release that are not historical in nature are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to certain risks and uncertainties. Horace Mann is not under any obligation to (and expressly disclaims any such obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Please refer to the company's Annual Report on Form 10-K for the period ended December 31, 2020 and the company's past and future filings and reports filed with the Securities and Exchange Commission for information concerning the important factors that could cause actual results to differ materially from those in forward-looking statements.
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