Constance K. Weaver to Retire as Member of the Board of Directors of Citizens, Inc., Effective on June 1, 2021
February 24, 2021 at 09:30 pm
Share
On February 18, 2021, Constance K. Weaver, a member of the Board of Directors of Citizens, Inc., informed the Company of her decision not to stand for re-election as a director of the Company and will retire from the Board effective as of the 2021 Annual Meeting of Shareholders on June 1, 2021 (the Annual Meeting). In addition to serving as a member of the Board, Ms. Weaver is the Chief Marketing Officer of Equitable, the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc. Ms. Weaver decided to not stand for re-election in order to increase her focus on growing the Equitable brand. Ms. Weaver's decision not to stand for re-election is not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
Citizens, Inc. is a diversified financial services company. The Company is providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the United States, Latin America, and Asia. The Company operates through two segments: Life Insurance, and Home Service Insurance. The Life Insurance segment sells United States dollar-denominated ordinary whole life insurance, endowment, and critical illness policies to non-United States residents, located principally in Latin America and the Pacific Rim, internationally. Also, this segment domestically sells whole life insurance, life insurance with living benefits, critical illness, credit life and disability products throughout the United States. Home Service Insurance segment sells final expense life insurance policies to middle- and lower-income households, as well as whole life products with higher allowable face values, in Louisiana, Mississippi and Arkansas.
CITIZENS, INC. 
