Board of Directors

Elaine D. Rosen, Chair. Ms. Rosen, age 58, was elected to our Board of Directors in February 2009 and became the non-executive Chair of the Board in November 2010. Ms. Rosen is currently chair of the board of the Kresge Foundation. Over a 25-year career with UNUM Corporation, Ms. Rosen held a number of senior leadership roles in various areas, having most recently served as executive vice president, customer operations from 1999 to 2001. She was president of UNUM Life Insurance Company of America from 1997 to 1999, after serving in various positions at the Company since 1975. Ms. Rosen's other board affiliations include DownEast Energy Corporation and Kforce, Inc., where she serves as chair of the compensation committee. Ms. Rosen is the immediate past chair of Preble Street Resource Center, a collaborative for the homeless and low income community in Portland, Maine. She also serves as a trustee of the Elmina B. Sewall Foundation and the Foundation for Maine's Community Colleges.

Howard L. Carver, Director. Mr. Carver, age 67, has been a member of our Board of Directors since March 2002. Mr. Carver retired as an Office Managing Partner of Ernst & Young in June of 2002. Mr. Carver's career at Ernst & Young spanned five decades, beginning as an auditor and a financial consultant. He later became the director of insurance operations in several Ernst & Young offices, and served as Regional Director of insurance operations, Associate National Director of insurance operations, Co-Chairman of Ernst & Young's International Insurance Committee and was a member of the Ernst & Young National Insurance Steering Committee. He currently is a director and serves as the chair of the conflicts committee and is a member of the audit, trust and compliance committees of StoneMor Partners LP. Until its sale in January 2007, he was a director and chair of the audit committee of Open Solutions, Inc. Until March 2004, he was a director and chaired the audit committee of the Phoenix National Trust Company, a wholly owned subsidiary of the Phoenix Group. Effective January 1, 2012, Mr. Carver was appointed to the Audit Committee of Pinnacol Assurance, the workers compensation facility for the State of Colorado. Mr. Carver is a Certified Public Accountant and is a member of both the American Institute of Certified Public Accountants and the Connecticut Society of CPAs. Mr. Carver also serves on the boards and/or finance committees of several civic/charitable organizations.

Juan N. Cento, Director. Mr. Cento, age 60, was elected to our Board of Directors in May 2006. Mr. Cento is the President of the Latin America and Caribbean Division of FedEx Express, headquartered in Miami. Mr. Cento has more than 30 years of experience in the air cargo and express transportation industry. He previously worked with the Flying Tigers Line, Inc. and transitioned to FedEx in 1989 when the two companies were combined. Mr. Cento is actively involved in several non-profit organizations. Between 2002 and 2004, he served as Chairman of the Board for the International Kids Fund. He is a member of the University of Miami International Advisory Board and the International Advisory Board of Baptist Health International Center. Additionally, Mr. Cento is chair of the Board of Directors for CLADEC (Conference of Latin American and Caribbean Express Companies). He was recently named to the board of United Way of Miami – Dade.

Elyse Douglas, Director. Ms. Elyse Douglas, age 55, was elected to our Board of Directors in July 2011. Ms. Douglas is the Executive Vice President and Chief Financial Officer of Hertz Global Holdings, Inc. and The Hertz Corporation, one of the world's leading car rental companies. Ms. Douglas joined Hertz in July 2006 and has held her current position since October 2007. Prior to her role at Hertz, Ms. Douglas served as Treasurer of Coty Inc. from December 1999 until July 2006. Previously, Ms. Douglas served as an Assistant Treasurer of Nabisco, Inc. from June 1995 until December 1999. She also served in various financial services capacities for 12 years at Chase Manhattan Bank (now JPMorgan Chase). Ms. Douglas received her bachelor's degree in accounting from Villanova University and has an MBA in finance from New York University. Ms. Douglas is a certified public accountant and chartered financial analyst.

Lawrence V. Jackson, Director. Mr. Jackson, age 58, was elected to our Board of Directors in July, 2009. He currently serves as senior advisor with New Mountain Capital, LLC, a private equity fund based in New York and as Chair of SourceMark LLC. Mr. Jackson was president and chief executive officer, global procurement division, of Wal-Mart Stores, Inc. His prior role at Wal-Mart Stores, Inc. was Executive Vice President and Chief People Officer. Prior to that, Mr. Jackson was president and chief operating officer of Dollar General Corporation. He also served as senior vice president, supply operations, for Safeway, Inc. Prior to those positions, Jackson had been with PepsiCo, Inc. for 16 years, including serving as senior vice president, worldwide operations, of PepsiCo Food Systems, Inc. Mr. Jackson currently serves as a director of Parsons Corporation, where he chairs its compensation committee and serves as a member of the executive committee. He also serves on the board of directors of Symphony IRI Holdings, RedPrairie Holdings Inc. and Constar, Inc.

David B. Kelso, Director. Mr. Kelso, age 58, was elected to our Board of Directors in March 2007. Mr. Kelso is a financial advisor for Kelso Advisory Services, a company he started in 2003 following two years with Aetna, Inc. where he served as executive vice president, strategy and finance. From 1996 to 2001, Mr. Kelso was executive vice president, chief financial officer and managing director of Chubb Corporation. Prior to joining Chubb, he served as executive vice president, chief financial officer and personal segment leader for retail and small business banking for First Commerce Corporation, a company he joined in 1992. From 1982 to 1992, Mr. Kelso worked for Gemini Consulting Group where he was partner in the North American banking practice. Mr. Kelso began his professional career in 1974 as an associate with Chemical Bank. Mr. Kelso currently serves on the board of directors of ExlServices Holdings, Inc., and as chair of the audit committee. Additionally, Mr. Kelso is the lead director and an audit committee member of Sound Shore Fund, Inc.

Charles John Koch, Director. Mr. Koch, age 64, was elected to our Board of Directors in August 2005. Mr. Koch is on the Board of Citizens Financial Group. Mr. Koch was Chairman, President and Chief Executive Officer of Charter One Financial, Inc. prior to its sale to The Royal Bank of Scotland. He was elected President and Chief Operating Officer in 1980, President and Chief Executive Officer in 1988 and Chairman, President and Chief Executive Officer in 1995. Mr. Koch currently serves on boards of directors of Citizens Financial Group; Federal Home Loan Bank of Cincinnati; and Home Properties, Inc., where he is a member of the audit committee. Mr. Koch also serves on the Board of Directors of John Carroll University and the Chair of the Board of Trustees of Case Western Reserve University.

H. Carroll Mackin, Director. Mr. Mackin, age 70, is the former Executive Vice President and Treasurer of the Company, where he served from 1980 until his retirement in 1997. Mr. Mackin has been a member of our Board of Directors since October 1996 and is also a director of Union Security Life Insurance Company of New York, a wholly owned subsidiary of the Company. Mr. Mackin served as a consultant to the Company in 1979. He was the Company's fourth employee and initiated many of the Company's early activities, including consolidating its investment departments and its first treasury function. Before joining the Company, he was Director of Investments at Forstmann, Leff. He is currently principal owner of Great Northern Manufacturing, LLC, a Louisville, Kentucky based manufacturer of building materials and a member of the Board of Priam Water Co., LLC.

Robert B. Pollock, Director. Mr. Pollock, age 57, has been serving as a director and as our President and Chief Executive Officer since March 2006. He served as our President and Chief Operating Officer between July 2005 and March 2006. Previously, he served as Executive Vice President and Chief Financial Officer starting in January 1999. From 1993 to 1999, he served as President and Chief Executive Officer of Assurant Employee Benefits. Mr. Pollock began his career as an actuary at CUNA Mutual Insurance Group in 1974. He then joined the Company as a staff actuary at Assurant Employee Benefits in 1981. In July 1992, Mr. Pollock was appointed Senior Vice President, Group Life and Disability at Assurant Employee Benefits. In July 1993, he was appointed President and Chief Executive Officer of Assurant Employee Benefits. He is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. Mr. Pollock was the Chairman of the Disability Insurance Committee for the Health Insurance Association of America (HIAA) for three years.

Paul J. Reilly, Director. Mr. Reilly, age 55, was elected to our Board of Directors in June 2011. Mr. Reilly is the Executive Vice President and Chief Financial Officer of Arrow Electronics, Inc., a distributor of electronic components and computer products. Mr. Reilly joined Arrow Electronics in early 1991 and held various positions within the company prior to assuming the role of Chief Financial Officer in 2001. Prior to joining Arrow Electronics, Mr. Reilly was a Certified Public Accountant in the business assurance practice of the New York office of KPMG Peat Marwick. He also serves in board and other leadership roles working with community-based charitable organizations focused on helping youth.

Robert W. Stein, Director. Mr. Stein, age 62, was elected to our Board of Directors in September 2011. Mr. Stein is a former Global Managing Partner, Actuarial Services at Ernst & Young. Mr. Stein joined Ernst & Young in 1976 and held various leadership roles in the company's actuarial and insurance practice. Mr. Stein has more than 40 years of experience advising many of the world's leading insurance companies on financial and operating matters. Mr. Stein is a Certified Public Accountant and is a member of the AICPA. He is also a member of the American Academy of Actuaries, a Fellow of the Society of Actuaries and a Trustee Emeritus of the Actuarial Foundation.