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JOHN ALDEN FINANCIAL CORPORATION ANNOUNCES APPOINTMENT OF ROGER L. ROSENBERGER TO PRESIDENT AND CHIEF OPERATING OFFICER

 MIAMI, March 19 /PRNewswire/ -- The board of directors of John Alden Financial Corporation (NYSE: JA) today announced the appointment of Roger L. Rosenberger to president and chief operating officer of John Alden Financial Corporation. Glendon E. Johnson, who had served as president, will remain chairman of the board and chief executive officer of the company.
 Mr. Rosenberger, 50, has been a member of the company's board of directors since 1989 and has served as senior vice president of John Alden's group division since 1984. He was president and chief executive officer of Continental Life & Accident Insurance Company, a former subsidiary of the company, from 1982 to 1984 and president of John Alden Life Insurance Company of New York from 1981 to 1982. He also served as assistant administrator of the United States Small Business Administration from 1979 to 1981. In his new capacity, Mr. Rosenberger will remain in charge of the company's group division.
 "As head of our group insurance division, Roger has supervised its spectacular growth from $200 million of gross underwriting revenues in 1984 to over $1.1 billion in 1992," Mr. Johnson said. "He has demonstrated his knowledge of the small business community and his skill as a manager."
 Other Appointments
 The board of directors of the company named Richard R. Johnson senior vice president of the company's individual life division. Mr. Johnson has served as vice president of this division since 1983.
 Scott L. Stanton has been appointed senior vice president in charge of the company's investor relations and taxation departments. Mr. Stanton joined the company in 1984 as vice president - corporate taxation.
 John Alden Financial Corporation is an insurance holding company that, through its subsidiaries, is principally engaged in providing group life and health insurance and other employee benefits to small businesses. The company is one of the largest insurance company providers of group insurance in this market. John Alden also markets annuities and long-term care policies, low-load life and disability insurance, credit life and health insurance, automobile and retail extended service contracts and other risk management services and insurance-related products.
 -0- 3/19/93
 /CONTACT: Scott L. Stanton of John Alden Financial Corporation, 305-470-3767/
 (JA)


CO: John Alden Financial Corporation ST: Florida IN: INS SU: PER

GK-WB -- NY014 -- 7823 03/19/93 10:29 EST
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Publication:PR Newswire
Date:Mar 19, 1993
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