COLUMBUS, Ga., Oct. 24, 2016 /PRNewswire/ -- Aflac, the leading provider of voluntary insurance sales at the worksite in the U.S., today announced that Daniel P. Amos, the company's chairman and chief executive officer, has been named to the Harvard Business Review's 2016 list of the 100 Best Performing CEOs in the World. Amos, listed at No. 32, moved up 37 places from 2015, when he was rated at No. 69. It is the second time that he has appeared on the prestigious list.
According to the Harvard Business Review, candidates are judged by the results they produce over their entire tenure, based on objective financial data. Researchers also rate companies' environmental, social and governance (ESG) performance as a variable in their rankings, using two companies, Sustainalytics, a respected provider of ESG research, and CSRHub, another firm that collects and aggregates ESG Data.
To compile the list of world's best performing CEOs, HBR began with companies that were in the S&P 1200 at the end of 2015. Those that have been on the job for less than two years were not eligible. CEOs from 886 companies spanning 32 countries were ultimately analyzed, using daily financial data from the CEO's first day on the job until April 30, 2016. Three metrics, Financial Ranking and two separate ESG performance rankings provided by CSRHub and Sustainalytics, were used to compile a final ranking, with financial ranking weighted at 80 percent and each of the two nonfinancial rankings weighted at 10 percent.
In 2016, 33 new CEOs made the list, with 30 making it for a third time. On average, CEOs on the list became CEO at age 44 and have held their positions for 17 years.
Amos landed at No. 13 out of the 895 CEOs studied in the financial ranking. Since Dan Amos became CEO in 1990, Aflac has increased its dividend to shareholders every year, with revenues soaring from $2.7 billion annually to more than $20 billion today.
The company has also recently increased its focus on its primary philanthropic cause, childhood cancer, by sponsoring national events such as CureFest, which took place in Washington, D.C., on the National Mall. They also have conducted corporate social responsibility (CSR) surveys in each of the past two years to help guide their CSR activities and ensure that their philanthropic goals are being met. In 2017, Aflac expects to make significant strides in energy conservation and other sustainability goals, as well, building upon an already robust and leading-edge program that has been recognized by Newsweek and Dow Jones.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For 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 PaySM 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 1 in 4 households. Aflac insurance products help provide protection to more than 50 million people worldwide. For 10 consecutive years, Aflac has been recognized by Ethisphere as one of the World's Most Ethical Companies. In 2016, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work for in America for the 18th consecutive year and included Aflac on its list of Most Admired Companies for the 15th time, ranking the company No. 1 in innovation for the insurance, life and health category for the second consecutive year. In 2015, Aflac's contact centers were recognized by J.D. Power by providing "An Outstanding Customer Service Experience" for the Live Phone Channel. 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.
Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.
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Analyst and investor contact – Robin Y. Wilkey, 706.596.3264 or 800.235.2667, FAX: 706.324.6330, or [email protected]