UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 25, 2022, the Board of Directors (the “Board”) of Reinsurance Group of America, Incorporated (the “Company”) appointed Khanh T. Tran to the Board, effective as of July 1, 2022. Mr. Tran will serve for a term of office ending at the Company’s 2023 annual meeting of shareholders, or until his successor is duly elected and qualified. As of July 1, 2022, the addition of Mr. Tran increases the size of the Board to twelve directors.
Mr. Tran, 65, retired as President and Chief Executive Officer of Aviation Capital Group LLC. Prior to that role, he held various executive positions during his 25 years with Pacific Life,, including president, chief investment officer, chief financial officer and treasurer. Mr. Tran has previously served on nine corporate boards, including CIT Group, Inc.; Aviation Capital Group LLC; Pacific Life Insurance Company; and Scottish Re, among others.
The Company is not aware of any transactions, proposed transactions, or series of either to which the Company or any of its subsidiaries was or is to be a participant since January 1, 2021, in which the amount involved exceeds $120,000 and in which Mr. Tran had, or will have, a direct or indirect material interest.
There are no arrangements or understandings between Mr. Tran and any other person pursuant to which he was elected as a director. Mr. Tran will participate in the non-employee director compensation arrangements established by the Company for non-employee directors, as described under “Board of Directors—Director Compensation” in the Company’s proxy statement dated April 7, 2022 for its annual meeting of shareholders. The Board has appointed Mr. Tran to serve on the Audit Committee, Investment Committee and Risk Committee of the Board.
Item 7.01 | Regulation FD Disclosure. |
The Company issued a press release (the “Press Release”) announcing the appointment of Mr. Tran to the Board, a copy of which is furnished with this report as Exhibit 99.1. The information set forth in this Item 7.01, including the Press Release, is being furnished and shall not be deemed to be “filed”, as described in Instruction B.2 of Form 8-K.
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
Exhibit No. |
Exhibit | |
99.1 | Press Release of Reinsurance Group of America, Incorporated dated May 31, 2022 | |
104 | Cover page interactive data file (formatted as inline XBRL). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
REINSURANCE GROUP OF AMERICA, INCORPORATED | ||||
Date: May 31, 2022 | By: | /s/ Todd C. Larson | ||
Todd C. Larson | ||||
Senior Executive Vice President and Chief Financial Officer |
Exhibit 99.1
Reinsurance Group of America, Incorporated 16600 Swingley Ridge Road, Chesterfield, Missouri 63017 |
REINSURANCE GROUP OF AMERICA ELECTS
NEW MEMBER TO BOARD OF DIRECTORS
ST. LOUIS, May 31, 2022 Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced the election of Khanh T. Tran to its Board of Directors. Mr. Tran will begin his service on July 1, 2022.
We are very pleased to add Khanh to the RGA Board, said Anna Manning, President and Chief Executive Officer, RGA. His knowledge of the financial markets and approach to guiding corporate growth will be an asset to RGA as the company executes on its five-year strategy.
Khanhs years of leadership in the insurance industry, coupled with his experience serving on corporate boards for various financial services companies, will bring valuable perspective to our board, said J. Cliff Eason, Chair of the Board of Directors, RGA.
Mr. Tran retired as President and Chief Executive Officer of Aviation Capital Group LLC, a top 10 global commercial aviation leasing company with approximately 90 customers in more than 45 countries. Prior to that role, he held various executive positions during his 25 years with Pacific Life, a top 10 life insurance and annuities company in the U.S., including president, chief investment officer, chief financial officer, and treasurer.
Mr. Tran graduated from Whittier College in Whittier, California, with a B.A. in economics and political science. He also has an M.B.A. with a focus on finance and marketing from the University of California-Los Angeles.
Mr. Tran has previously served on nine corporate boards, including CIT Group, Inc.; Aviation Capital Group LLC; Pacific Life Insurance Company; and Scottish Re, among others. In 2019, he founded the Orange County, California chapter of Ascend Leadership and continues to serve as the chapters chairman. Ascend Leadership is the largest Pan-Asian business professional membership organization in North America and is dedicated to driving workplace and societal impact by developing and elevating Asian and Pacific Islander business leaders. Since 2015, he has served on the board of advisors for the George Argyros School of Business at Chapman University in the City of Orange, California.
About RGA
Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.5 trillion of life reinsurance in force and assets of $89.8 billion as of March 31, 2022. Founded in 1973, RGA is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit the companys website at www.rgare.com.
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FOR MORE INFORMATION:
Lynn Phillips
Vice President, Corporate Communications
636-736-2351
lphillips@rgare.com
Lizzie Curry
Director, Public Relations
636-736-8521
lizzie.curry@rgare.com
Jeff Hopson
Senior Vice President, Investor Relations
636-736-2068
jhopson@rgare.com