FBL Financial Group Names Richard J. Kypta General Counsel.WEST DES MOINES, Iowa West Des Moines is a city in Polk, Dallas, and Warren counties in the U.S. state of Iowa. As of the 2000 census, the city population was 46,403; a special census taken in the spring of 2005 counted 51,744 residents. -- FBL FBL Full Bell Lines (coin grading) FBL Fly by Light FBL FIATA Bill of Lading FBL Functional Baseline FBL Foundation for a Better Life FBL Federal Barge Lines, Inc. Financial Group, Inc. (NYSE NYSE See: New York Stock Exchange :FFG FFG Forschungsförderungsgesellschaft (German: Austrian research promotion agency) FFG Flash Flood Guidance FFG Guided Missile Frigate FFG Fall from Grace (band) FFG Fast Frigates FFG Freeware Flight Group ) today announced that Richard J. Kypta will join the company as General Counsel. Following board action, he is expected to also be named Senior Vice President and Secretary. Kypta will replace Senior Vice President, Secretary and General Counsel, Stephen M. Morain, who is retiring from FBL Financial Group after 30 years of service. Morain has been General Counsel since 1982. "We are extremely pleased to have Rich join FBL Financial Group," said Jim Noyce, Chief Executive Officer. "He has a wealth of experience in the insurance industry, most recently with Aviva USA. His broad range of leadership qualifications and proven track record will make him a valuable addition to our executive management team." Richard J. Kypta joins FBL Financial Group from Aviva USA Corporation where he held a number of senior management positions including General Counsel. He most recently served as Senior Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Prior to that, Kypta held a number of legal and finance positions within Aegon Insurance Group, including as General Counsel of the Advanced Products Division. He started his career with the public accounting firm of PricewaterhouseCoopers. Kypta holds a B.S. degree from Georgetown University Georgetown University, in the Georgetown section of Washington, D.C.; Jesuit; coeducational; founded 1789 by John Carroll, chartered 1815, inc. 1844. Its law and medical schools are noteworthy, and its archives are especially rich in letters and manuscripts by and , a M.S. degree from Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. and a J.D. degree from the University of Maryland's School of Law. He is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , a member of the Maryland Bar Association, and a Fellow of the Life Management Institute. "I would like to congratulate Steve on his successful career with FBL Financial Group and his upcoming retirement," Noyce added. "During his tenure, Steve has counseled our boards through a number of significant activities including mergers and other transactions within the Farm Bureau system that led to the creation of FBL, our holding company, and then FBL's initial public offering in 1996 and several subsequent mergers and acquisitions. His counsel during these transactions, as well as during the many legal changes that have occurred since FBL became a public company, has been invaluable." Morain will also be retiring from the Iowa Farm Bureau Federation for whom he has been General Counsel since 1982. "Steve has been instrumental in helping guide the Federation and insurance companies through significant growth," said Craig Lang, Chairman of the Board, FBL Financial Group, Inc. and President of the Iowa Farm Bureau Federation. The Iowa Farm Bureau will name a successor for their General Counsel in the near future. Morain has been active in bar, insurance and civic activities throughout his career. Morain has chaired the Iowa Life Insurance Guarantee Association since 1998, and is a member of the life and health guarantee funds in Colorado and Wyoming. He is a trustee and treasurer of Des Moines University Des Moines University is the United States' second oldest osteopathic medical college and is located in Des Moines, Iowa. It features a College of Osteopathic Medicine, a College of Podiatric Medicine and Surgery, a physician assistant program, a physical therapy program, a , a director and vice president of the Des Moines Public Library Foundation, and chairman and a director of Edge Technologies, Inc. in Ames. Prior to FBL, Morain was an associate and partner in the Des Moines law firm now known as Davis, Brown, Koehn, Shors & Roberts, P.C. He holds his B.A. and J.D. degrees from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. . FBL Financial Group is a holding company whose primary operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. FBL's subsidiaries underwrite, market and distribute life insurance, annuities and mutual funds to individuals and small businesses. In addition, FBL manages all aspects of three Farm Bureau affiliated property-casualty insurance companies for a management fee. For more information, please visit www.fblfinancial.com. FFG-1 |
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