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July 22, 2002
Guardian Life Insurance Names Robert E. Broatch CFO
NEW YORK, July 15, 2002 - The Guardian Life Insurance Company of America announced today that Robert E. Broatch, 53, has joined the company as Executive Vice President and Chief Financial Officer. Broatch comes to Guardian with a wealth of experience in senior financial positions of major public insurance companies, including UnumProvident and Aetna.
At Guardian, Broatch will focus on corporate financial issues, including planholder value, planning and enterprise-wide risk management. He will also offer support with corporate strategy and operational issues.
"We're extremely pleased to welcome Robert to our team," said Joseph D. Sargent, CLU, Chairman of the Board and Chief Executive Officer. "He comes to Guardian with many years of experience within the insurance and financial services industries. We look forward to his future contributions."
Most recently, Broatch was Executive Vice President and Chief Financial Officer at the GAB Robins Group of Companies—a provider of loss adjusting, third party administration and managed care services. Prior to joining GAB Robins Group, Broatch was Senior Vice President and Chief Financial Officer for the UnumProvident Corporation in Portland, ME, a disability and special risk insurance holding company. At UnumProvident, Broatch served as a member of the senior management group and the company's operating committee. Previously, Broatch held senior financial posts with Aetna, Inc., Primerica and Hartford Insurance Group.
Broatch has a B.A. in Economics from Trinity College and an M.B.A. in Finance from the Amos Tuck School at Dartmouth College. He is a Certified Public Accountant.
About Guardian
The Guardian Life Insurance Company of America, New York, NY (Guardian), is the fourth largest mutual life insurance company in the United States. As of December 31, 2001, Guardian and its subsidiaries had $34.3 billion in assets. Founded in 1860, Guardian is listed among Fortune Magazine's top 500 businesses and was ranked in the top 10 on Fortune's 2002 "Most Admired" life and health insurers list. With 6,000 employees, over 2,700 financial representatives and 100 agencies nationwide, Guardian and its subsidiaries protect individuals, businesses and their employees with life, disability, health and dental insurance products, and offer 401(k), mutual fund and annuity investment products, and trust services. More information on Guardian can be obtained at: www.guardianlife.com. | |
