8-K

Unum Group (UNM)

8-K 2020-11-12 For: 2020-11-12
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Added on April 12, 2026

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 (Date of earliest event reported): November 12, 2020

UNUM GROUP

(Exact name of registrant as specified in its charter)

Delaware 001-11294 62-1598430
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

1 Fountain Square

Chattanooga, Tennessee 37402

(Address of principal executive offices) (Zip Code)

(423) 294-1011

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):

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
Common stock, $0.10 par value UNM New York Stock Exchange
6.250% Junior Subordinated Notes due 2058 UNMA New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in 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).

Emerging growth company
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.

Item 8.01    Other Events.

On November 12, 2020, Unum Group (the “Company”) announced a leadership transition for its Unum International business. Mark Till will join the Company’s operations in the U.K. on February 1, 2021 before his official appointment as the Company’s Executive Vice President and Chief Executive Officer, Unum International, effective April 1, 2021, subject to regulatory approval. Mr. Till will succeed Peter G. O’Donnell, the Company’s current Executive Vice President, Unum International, who will transition his responsibilities to Mr. Till before stepping down and leaving the Company effective March 31, 2021 to pursue a portfolio career. In his new role, Mr. Till will report to the Company’s Chief Operating Officer.

Mr. Till has served as Managing Director, Platform Solutions at Aegon since July 2020, with responsibility for all aspects of the Aegon UK business revenue and proposition for intermediaries and their customers. While at Aegon UK, he previously served as Managing Director, Digital Solutions from February 2018, and before that as Chief Distribution and Marketing Officer from September 2015.

A copy of the news release announcing the Unum International leadership transition is filed herewith as Exhibit 99.1 and incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.
Exhibit No. Description
99.1 News release of Unum Group dated November 12, 2020, announcing leadership transition for Unum International business.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

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.

Unum Group
(Registrant)
Date: November 12, 2020 By: /s/ J. Paul Jullienne
Name: J. Paul Jullienne
Title: Vice President, Managing Counsel, and
Corporate Secretary

Document

Exhibit 99.1
1 Fountain Square<br>Chattanooga, TN 37402<br>www.unum.com
FOR IMMEDIATE RELEASE
Contacts
INVESTORS Tom White 423 294 8996
MEDIA Natalie Godwin 423 294 1247

Unum Group Announces Leadership Transition for Unum International Business

CHATTANOOGA, Tenn. (Nov. 12, 2020) — Unum (NYSE: UNM) today announced that Mark Till will oversee Unum International’s business as Executive Vice President. Mr. Till will join Unum on February 1, 2021, and will be officially appointed to the role on April 1, 2021, subject to regulatory approval. Peter O'Donnell will be transitioning from his role as Executive Vice President of Unum International, but will remain with Unum through the first quarter of 2021 to ensure a seamless transition. Mr. O’Donnell has decided to make this change in order to pursue a portfolio career and has been an integral part of the hiring process for Mr. Till.

“Unum is pleased to welcome Mark Till, who we are confident will continue to build upon the momentum that Peter has established for Unum’s business in Europe,” said Unum President & Chief Executive Officer, Rick McKenney. “Peter has been an instrumental part of Unum for the past decade and will truly be missed. He has kept our company focused on unmatched customer service and has grown our business into the trusted brand it is today in both the UK and Poland. I want to thank Peter for his dedication and wish him the best in his future endeavors.”

“It has been a privilege over the past ten years to work at Unum and have the support of our great people across the organization,” said Mr. O’Donnell. “I’m proud of what we have accomplished to support our customers and grow the business. While this was a difficult decision, I am confident in the future direction of the business and that I’m leaving Unum International in great hands.”

“I’m excited to join the great team at Unum International and build off Peter’s many accomplishments,” said Mr. Till. “Helping the working world thrive has never been more important, and I’m confident we can continue to advance the customer experience and grow Unum’s International’s business in the region.”

Mr. Till has served Aegon as Managing Director, Platform Solutions, responsible for all aspects of the Aegon UK business revenue and proposition for intermediaries and their customers. Additionally, Mr. Till previously served as Head of Personal Investing & UK Marketing Director for Fidelity International, where he managed over 275,000 customers and £12 billion of customer investments. Mr. Till has also held positions with Standard Life, HomeServe PLC and Barclays Bank.

Mr. O’Donnell joined Unum’s UK subsidiary, Unum Limited, in June 2010 as the Chief Financial Officer. He has served as Chief Executive Officer of Unum’s UK business since September 2012, and as Executive Vice President of Unum International since October 2018. Mr. O’Donnell has also served as a member of Unum Limited’s Board of Directors. During his time with Unum, Mr. O’Donnell made significant contributions to the growth of Unum’s brand in the UK and oversaw Unum’s expansion into Poland.

Unum International is comprised of both Unum UK and Unum Poland and serves as the European arm of Unum Group. Unum UK is the leading provider of group income protection and critical illness coverage in the United Kingdom, as well as a provider of life and dental benefits. Additionally, Unum Poland has been providing group and individual life insurance in the Polish market for more than twenty years. Following the acquisition of Unum Poland in 2018, both companies fell under the Unum International business unit.

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ABOUT UNUM

Unum Group (www.unum.com) provides a broad portfolio of financial protection benefits and services through the workplace, and is a leading provider of disability income protection worldwide. Through its Unum US, Unum UK, Unum Poland, and Colonial Life businesses, the company provides disability, life, accident, critical illness, dental and vision benefits that protect millions of working people and their families. Unum also provides leave and absence management services that streamline the leave experience for employers and employees, and stop-loss coverage to help self-insured employers protect against medical costs. Unum reported revenues of $12.0 billion in 2019 and provided $7.5 billion in benefits.

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