CHICAGO - Kemper Corporation (NYSE: NYSE:KMPR), a leading specialized insurer, announced the passing of board member Kathleen M. Cronin on Sunday due to an extended illness. Cronin had been a part of Kemper's Board since February 2015, contributing significantly through her service on various board committees.
Cronin's career spanned several decades, marked by her roles as Senior Managing Director, General Counsel, and Corporate Secretary at CME Group Inc. (NASDAQ:CME), as well as her time as counsel at the law firm Skadden, Arps, Slate, Meagher & Flom. Her expertise in corporate law and governance was a valuable asset to the organizations she served.
Kemper's President, CEO, and Chairman, Joseph P. Lacher, Jr., expressed the company's sorrow over Cronin's passing, stating, "Kathleen was a meaningful contributor to our Board, and we're deeply saddened at her passing. She was truly a great person and we're honored to have had the opportunity to be associated with her. We will miss Kathleen's advice, wit, insight, and wise counsel, and our deepest condolences go out to her family during this time."
The Kemper family of companies, with approximately $13 billion in assets, provides personalized insurance solutions to individuals, families, and businesses through its Kemper Auto and Kemper Life brands. The company serves over 4.9 million policyholders and employs 8,100 associates who are dedicated to meeting the evolving needs of its customers.
This news is based on a press release statement from Kemper Corporation.
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