We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (21,155)
  • Industry Conferences (2)
  • Industry Job Openings (35)
  • Moore on the Market (414)
  • Negative Media (144)
  • Positive Media (73)
  • Sheryl's Articles (800)
  • Wink's Articles (353)
  • Wink's Inside Story (274)
  • Wink's Press Releases (123)
  • Blog Archives

  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • September 2008
  • May 2008
  • February 2008
  • August 2006
  • Protective Life Announces Leadership Changes and Promotions

    May 13, 2020 by Protective Life

    BIRMINGHAM, Ala.–(BUSINESS WIRE)–Protective Life Corporation (Protective), a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced that Carl Thigpen, Executive Vice President and Chief Investment Officer (CIO), will retire from the company after 36 years of noteworthy contributions, effective June 12, 2020. Phil Passafiume, who joined Protective in 2003 and currently serves as Senior Vice President, Director of Fixed Income, will become CIO upon Thigpen’s retirement.

    Thigpen Announces Retirement Plans

    Throughout his career at Protective, Thigpen has held responsibilities for investments, along with the commercial mortgage and real estate portfolios. During Thigpen’s tenure as CIO, Protective’s invested assets grew from $29 billion (2007) to $85 billion (2019), and the Company closed its four largest acquisitions, representing an estimated capital investment of approximately $4 billion. Additionally, Protective’s commercial mortgage portfolio grew from $2.7 billion (2002) to $9.4 billion (2019) under his leadership.

    “In Carl’s three-plus decades with Protective, the company has grown dramatically, and Carl has been an instrumental player in our success, providing leadership through a wide range of business and investment cycles,” said Rich Bielen, Protective President & Chief Executive Officer. “I thank him for his countless contributions, including his commitment to developing talent. Phil’s appointment speaks to his extensive investments experience and knowledge of Protective, which make him the ideal successor.”

    Thigpen is also a distinguished leader in the Alabama and national business communities, serving on boards and committees of Media General, Cavalier Homes, Inc., the Mortgage Bankers Association, and the American Council of Life Insurers. He has held leadership roles with many charitable and civic organizations, including the Salvation Army of Birmingham, the University of Alabama Health Services Foundation, Alabama 4-H Foundation, Alabama Symphony Orchestra, Alabama Parkinson’s Association and Main Street Alabama.

    Passafiume Named Chief Investment Officer

    Effective June 13, 2020, Phil Passafiume will assume the role of Protective’s Chief Investment Officer. With over 20 years of investment management experience, Passafiume is currently responsible for general account investments for Corporate Bonds, MBS, ABS, CMBS, CLO’s, Private Placements and Bank Loans. Passafiume is also active in the community, serving on the United Way of Central Alabama Investment Committee and as Vice President and Board Member of the Breast Cancer Research Foundation of Alabama.

    Other Appointments and Promotions

    Laura McDonald, who has over 25 years of commercial mortgage lending experience and currently serves as Senior Vice President, Senior Housing, will be promoted to Chief Mortgage and Real Estate Officer and will report to Passafiume. McDonald will now provide leadership for Protective’s entire commercial mortgage loan and real estate portfolio and will also continue her responsibility for building and managing Protective’s Senior Housing commercial mortgage loan portfolio. In addition to her leadership within the company, McDonald currently serves on the Advisory Board of the UAB O’Neal Comprehensive Cancer Center (2019 and 2020 Corporate Fundraising Chair) and on the Beyond Blue 2020 Host Committee benefitting the Mike Slive Foundation. McDonald is also a member of Leadership Birmingham – Class of 2019 and is a current member of the Tocqueville Society of the United Way of Central Alabama. McDonald’s promotion will become effective June 13, 2020.

    Passafiume and McDonald will both join Protective’s Performance and Accountability Committee (P&A Committee), a group of the company’s top executive leaders. Lance Black, Senior Vice President and Treasurer, has also been appointed to the P&A Committee.

    Wendy Evesque, who most recently served as Senior Vice President, Chief Human Resources Officer (CHRO), was promoted to Executive Vice President, CHRO, on March 1, 2020. Evesque continues responsibility for the company’s human resources activities, including leadership development, talent acquisition, compensation, benefits, employee relations, and learning and talent development. Beyond Protective, Evesque serves on the University of Alabama Culverhouse Board of Visitors. She also serves on the Board of Directors for The Friends of Birmingham Botanical Gardens and is Board Chair Emeritus for The Heart Gallery of Alabama. She is a member of the 2020 Leadership Alabama Class.

    Steve Cramer, who most recently served as Vice President, Head of Asset and Annuity Risk, has been promoted to Senior Vice President and Chief Product Officer, Retirement Division.

    Francis Radnoti, who most recently served as Vice President, Head of Life Product Development, has been promoted to Senior Vice President and Chief Product Officer, Protection Division.

    The promotions of Cramer and Radnoti, which were effective February 1, 2020, follow the January 2020 announcement that Protective reorganized its life and annuity retail businesses into two distinct customer-focused operating divisions: Protection and Retirement. In their new roles, Cramer and Radnoti lead the product development and inforce management functions for the Retirement and Protection divisions, respectively.

    “I am pleased to announce these leadership promotions. Wendy has been an influential member of our executive team. Under her leadership, Protective has evolved the way we work to better position the company for continued growth and success,” Bielen said. “Additionally, Laura, Steve and Francis have played key roles in helping our business adapt and expand through the years, and I look forward to their continued leadership in their new roles.”

    About Protective Life Corporation

    Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the U.S. Protective traces its roots to its flagship company, Protective Life Insurance Company – founded in 1907. Throughout its more than 110-year history, Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing – for its employees, distributors, and most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,000+ employees are located in offices across the United States. As of December 31, 2019, Protective had assets of approximately $120 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750). For more information about Protective, please visit www.Protective.com.

    Contacts

    Brittnie Bordonaro, brittnie.bordonaro@protective.com, (o)205.268.8611, (c)256.339.8303

    Originally Posted at Business Wire on May 7, 2020 by Protective Life.

    Categories: Industry Articles
    currency