Aflac Execs Named to Black Enterprise's Power List
Company President and Chief Administrative Officer Among 50 Most Powerful Women in Corporate America
COLUMBUS, Ga., March 4, 2015 /PRNewswire/ -- Aflac, the leading provider of voluntary insurance at the work site in the United States and one of FORTUNE's 2014 Blue Ribbon companies, announced today that two of its top executives have been selected by Black Enterprise Magazine, a leading business publication with a reported audience of 6 million readers, as members of the 50 Most Powerful Women in Corporate America list for 2015. Teresa White, president of Aflac U.S., and Laree Daniel, Chief Administrative Officer, have been named to the prestigious list, which focuses on the achievement of business executives from the nation's 1,000 largest publicly traded companies. The February edition of Black Enterprise is available on newsstands and features Aflac's Teresa White on its cover.
According to Black Enterprise, the final roster was culled from thousands of potential candidates across numerous industries, including the finance, pharmaceutical and retail sectors. The final 50 have authority over budgets totaling billions of dollars and control subsidiaries, divisions or departments that affect the fiscal health and direction of their businesses.
"We could not be more proud of Teresa and Laree, and we are extremely pleased that Black Enterprise has honored them as two of the 50 Most Powerful Women in Corporate America," Aflac Chairman and CEO Dan Amos said. "Aflac is fortunate to have these talented women as part of our team, ensuring our customers are served with the utmost care."
Among other things, both Teresa White and Laree Daniel are prime drivers of Aflac's new One Day Pay SM program. This groundbreaking initiative enables customers to have eligible claims paid within one business day when submitted by 3:00 p.m. Eastern Time, Monday through Friday, with all supporting documentation via Aflac SmartClaim®, the company's online claims-submission system.
According to a press release issued by Black Enterprise, a 2014 Center for American Progress study shows that less than 9 percent of top managers are women, and women of color hold only 11.9 percent of managerial and professional posts, with just 5.3 percent of African-American women in those positions. Despite this wide gap within the executive suite, the 50 women identified by Black Enterprise are among a select group of corporate leaders who continue to raise and shatter the glass ceiling.
"Our editorial team developed this list to not only celebrate the black female business elite," said President and CEO of Black Enterprise Earl "Butch" Graves Jr., "But to demonstrate that it requires unparalleled expertise and resilience to break through barriers that female executives continue to face today."
ABOUT AFLAC
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For nearly six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance at the work site. Through its trailblazing One Day PaySM initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is a leading provider of medical and cancer insurance and insures 1 in 4 households. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. For eight consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2014, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 16th consecutive year. Also, in 2015, Fortune magazine included Aflac on its list of Most Admired Companies for the 14th time, ranking the company No. 1 in innovation for the insurance, life and health category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac and One Day PaySM, visit aflac.com or espanol.aflac.com.
ABOUT BLACK ENTERPRISE
Black Enterprise, your ultimate source to build wealth for life, is the premier business, investing, and wealth-building resource for African-Americans. Since 1970, BE has provided essential business information and advice to professionals, corporate executives, entrepreneurs and decision-makers. Every month, Black Enterprise Magazine provides 6 million readers with information on entrepreneurship, careers and financial management. A multimedia company, BE also produces television programming, business and lifestyle events, Web content and digital media.
Media contact – Jon Sullivan, 706.763.4813 or [email protected]
Analyst and investor contact – Robin Y. Wilkey, 706.596.3264 or 800.235.2667, FAX: 706.324.6330, or [email protected]
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SOURCE Aflac
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