Printer Friendly

TORCHMARK CORPORATION ANNOUNCES SELECTION OF NEW DIRECTORS OF ITS VESTA INSURANCE GROUP

 BIRMINGHAM, Ala., Oct. 5 /PRNewswire/ -- Torchmark Corporation (NYSE: TMK) announced today the election of five outside directors of its wholly owned subsidiary, Vesta Insurance Group, Inc. ("Vesta").
 The new directors are Walter M. Beale Jr., Ehney A. Camp III, Robert Allan Hershbarger, Clifford Frederick Palmer, and Jarvis W. Palmer. Continuing as inside directors are Ronald K. Richey, chairman and chief executive officer of Torchmark, and Robert Y. Huffman, president and chief executive officer of Vesta.
 Beale is a partner with the Birmingham law firm of Balch & Bingham. Camp is president and CEO of Camp and Company, a commercial mortgage banking firm in Birmingham. Hershbarger holds the Peter Kock Lutken Chair of Insurance at Mississippi State University, Starkville, Miss., where he is professor of Finance and Economics. Clifford Palmer is an underwriter in London, and is a director and participant in various insurance syndicates affiliated with Lloyds. Jarvis Palmer is president of Birmingham Insurance Company, Inc., of Birmingham.
 Torchmark announced on July 23 that it was considering a public offering of the shares of Vesta's common stock. On Aug. 31, Vesta filed a Registration Statement with the Securities and Exchange Commission regarding this public offering.
 -0- 10/5/93
 /CONTACT: William T. Graves, 205-325-4251, or Lee Bartlett, 205-325-4204, both of Torchmark Corporation/
 (TMK)


CO: Torchmark Corporation; Vesta Insurance Group, Inc. ST: Alabama IN: INS SU: PER

BR-RA -- AT005 -- 8776 10/05/93 10:17 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 5, 1993
Words:234
Previous Article:PRESIDENT'S FIRST REGIONAL ENVIRONMENTAL APPOINTEE STARTS POST
Next Article:BP TO SPEND $340 MILLION ON NEW U.S. OIL FIELD
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters