Aflac's Paul S. Amos II Named a Top COO in U.S.
COLUMBUS, Ga., Oct. 19, 2012 /PRNewswire/ -- Aflac, the number one provider of supplemental insurance in the United States, announced today that Paul S. Amos II is ranked number six on ExecRanks Top COO rankings for 2012.
According to ExecRank, the rankings are derived from two years of research and feedback from evaluation committees and top COOs that yielded an algorithm for how to rank COOs based on their performance in 24 key areas, including experience in the role, business success during tenure, significant professional achievements and industry/professional reputation. The number one area of focus for COOs in 2012 was their ability to execute on operational efficiencies that improve profit margins and return on equity.
"We are pleased that Paul is being recognized as one of the top chief operating officers in America," said Kriss Cloninger President and Chief Financial Officer of Aflac Incorporated (AFL). "Paul's hard work, sound business acumen and strong stewardship of Aflac's U.S. operations are a driving force in Aflac's maintaining its position as the number one provider of supplemental insurance in America."
"We were extremely impressed with the achievements of Paul Amos," Ian MacDonald, analyst for the COO Rankings division of ExecRank said. "His work and reputation are highly regarded in the industry and amongst other COOs."
Mr. Amos, who serves as both president of Aflac and chief operating officer of Aflac U.S., oversees all aspects of the U.S. operation, including approximately 4,400 employees and more than 70,000 independent sales agents. Since January 2007, Aflac sales have eclipsed $10.1 billion, with annual sales averaging more than $1.4 billion. In 2009, Amos oversaw the company's acquisition of Continental American Insurance Company (CAIC), now branded as Aflac Group Insurance. In 2012, Amos directed the creation of Aflac Benefits Solutions, a separate subsidiary focused on providing unique value, consultative guidance and total solutions to the nation's largest brokerage firms.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For more than 55 years, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the number one provider of guaranteed-renewable insurance. In Japan, Aflac is the number one life insurance company in terms of individual policies in force. Aflac individual and group insurance products provide protection to more than 50 million people worldwide. For six consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2012, FORTUNE magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 14th consecutive year. Also, FORTUNE magazine included Aflac on its list of Most Admired Companies for the 11th time in 2012. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com or espanol.aflac.com.
Jon A. Sullivan
Analyst and Investor Contact:
Robin Y. Wilkey