Aflac Names Andrew K. Glaub as Senior Vice President; Director of Aflac U.S. Sales

Aug 27, 2015, 16:20 ET from Aflac Incorporated

COLUMBUS, Ga., Aug. 27, 2015 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today announced that Andrew K. Glaub has been named senior vice president and director of Aflac U.S. Sales, reporting to Teresa L. White, president of Aflac U.S.  In his new role, which will be effective September 1, Glaub will be responsible for providing leadership and vision as well as driving strategies to advance Aflac's sales throughout the United States.

Glaub will focus on the day-to-day operations of the sales force, developing programs and initiatives to enhance the U.S. sales strategy. Michael J. Tomlinson, who has served in this capacity over the last year, has made the decision to retire from the company to focus on his health. Over the next several months, Tomlinson will remain as an advisor to ensure that Aflac's U.S. sales function is successful while also focusing on a smooth transition of leadership.

Glaub has extensive field leadership experience with Aflac, having begun his career with the company 30 years ago as an associate. He subsequently progressed through the ranks, serving 22 years as a state sales coordinator and two years as a vice president; territory director. In July 2015, he became deputy director of Aflac U.S. Sales before being promoted to his new role of senior vice president and director of Aflac U.S. Sales. Throughout his career, Glaub has consistently met and exceeded his sales goals and earned nearly 60 of Aflac's most prestigious accolades and awards, all of which exemplify his leadership and results-oriented approach. Under his leadership, Glaub has mentored and developed numerous other executives who have gone on to lead other Aflac sales organizations.

Commenting on the promotion of Glaub, Tomlinson said: "I have worked closely with Andy for 30 years, and I have watched him develop into an effective and compassionate leader whom I admire very much. Through leading with words as well as actions, Andy has earned the utmost respect among our sales force, corporate headquarters and customers. So, I can rest assured that I leave Aflac in Andy's very competent hands, and I look forward to seeing him continue to succeed."

White added: "Like so many who have had the opportunity to work with Mike, I am grateful for his many years of leadership and dedication to Aflac. While we will miss working with him, we wish him the very best in his retirement. I also look forward to working closely with Andy, who has proven his leadership capabilities and done an exceptional job throughout his three decades with Aflac."

Aflac Chairman and CEO Daniel P. Amos commented: "Mike has been an outstanding leader who has served as a role model of excellence in ethics, values and performance throughout his 36 years with the company. Without Mike's leadership and expertise, the very important work last year related to the sales model changes would not have been accomplished, and I am eternally grateful to him. I wish him good health and happiness as he enters this new phase of his life with his family. At the same time, as Aflac pursues its strategy designed to boost sales and foster growth in the U.S. market, Andy Glaub is the ideal person to lead the charge. Throughout Andy's entire three-decade career at Aflac, he has proven to be an intensely focused trailblazer with great leadership skills. I look forward to working with Andy, and to the great things that he will help our sales force and our company accomplish."

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 worksite. Through its trailblazing One Day Pay(SM) initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is the leading provider of medical and cancer insurance and insures one in four households. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. For nine consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2015, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 17th 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 Pay(SM), visit aflac.com or espanol.aflac.com.

Forward-looking Information The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-looking statements. We desire to take advantage of these provisions. This document contains cautionary statements identifying important factors that could cause actual results to differ materially from those projected herein, and in any other statements made by company officials in communications with the financial community and contained in documents filed with the Securities and Exchange Commission (SEC).

Forward-looking statements are not based on historical information and relate to future operations, strategies, financial results or other developments. Furthermore, forward-looking information is subject to numerous assumptions, risks and uncertainties. In particular, statements containing words such as "expect," "anticipate," "believe," "goal," "objective," "may," "should," "estimate," "intends," "projects," "will," "assumes," "potential," "target" or similar words as well as specific projections of future results, generally qualify as forward-looking. Aflac undertakes no obligation to update such forward-looking statements. We caution readers that the following factors, in addition to other factors mentioned from time to time, could cause actual results to differ materially from those contemplated by the forward-looking statements: difficult conditions in global capital markets and the economy; governmental actions for the purpose of stabilizing the financial markets; defaults and credit downgrades of securities in our investment portfolio; exposure to significant financial and capital markets risk; fluctuations in foreign currency exchange rates; significant changes in investment yield rates; credit and other risks associated with Aflac's investment in perpetual securities; differing judgments applied to investment valuations; significant valuation judgments in determination of amount of impairments taken on our investments; limited availability of acceptable yen-denominated investments; concentration of our investments in any particular single-issuer or sector; concentration of business in Japan; decline in creditworthiness of other financial institutions; deviations in actual experience from pricing and reserving assumptions; subsidiaries' ability to pay dividends to Aflac Incorporated; ineffective risk management policies and procedures; changes in law or regulation by governmental authorities; ability to attract and retain qualified sales associates and employees; decreases in our financial strength or debt ratings; ability to continue to develop and implement improvements in information technology systems; interruption in telecommunication, information technology and other operational systems, or a failure to maintain the security, confidentiality or privacy of sensitive data residing on such systems; changes in U.S. and/or Japanese accounting standards; failure to comply with restrictions on patient privacy and information security; level and outcome of litigation; ability to effectively manage key executive succession; catastrophic events including, but not necessarily limited to, epidemics, pandemics, tornadoes, hurricanes, earthquakes, tsunamis, acts of terrorism and damage incidental to such events; ongoing changes in our industry; events that damage our reputation; increased expenses for pension and other postretirement plans; and failure of internal controls or corporate governance policies and procedures.

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Analyst and investor contact – Robin Y. Wilkey, 706.596.3264 or 800.235.2667; FAX: 706.324.6330, or rwilkey@aflac.com

Media contact – Catherine Blades, 706.596.3014; FAX: 706.320.2288, or cblades@aflac.com

SOURCE Aflac Incorporated



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