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| [January 18, 2013] |
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Protective's Asset Protection Division to be Led by Scott Karchunas
BIRMINGHAM, Ala. --(Business Wire)--
Protective Life Corporation (NYSE: PL) today announced that Scott
Karchunas has assumed senior management responsibility for Protective's
Asset Protection Division, and will be president of Lyndon Insurance
Group, Inc., a Protective subsidiary. Scott has been with Protective for
25 years and was previously responsible for sales and marketing, product
management and business operations.
Richard J. Bielen, Protective's vice chairman and chief financial
officer said, "Scott's promotion to lead the Asset Protection Diviion
is recognition of his excellent performance and leadership capability.
We are confident that under Scott, this business segment will continue
contributing to Protective's success."
ABOUT THE ASSET PROTECTION DIVISION
Protective's Asset Protection Division provides extended vehicle service
contracts, GAP, and credit insurance through dealerships and financial
institutions.
ABOUT PROTECTIVE LIFE CORPORATION
Headquartered in Birmingham, Ala., Protective Life Corporation (NYSE:
PL) is a financial services holding company. The company's primary
subsidiary was established in 1907 and today still exhibits the
steadfast commitment to provide a valuable portfolio of protection and
retirement products to millions of customers. The company employs more
than 2,300 employees with offices throughout the U.S. It has annual
revenues of approximately $3.6 billion and as of Dec. 31, 2011, had
assets of approximately $52.9 billion.

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