Unum Group Appoints Michael Q. Simonds as Chief Operating Officer, Effective February 1, 2020
January 16, 2020 at 09:25 pm
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Unum Group announced that Michael Q. Simonds, president and chief executive officer of Unum US, has been appointed to the newly created role of chief operating officer (COO) of the company, effective February 1, 2020. Simonds will continue to report to Richard P. McKenney, president and chief executive officer. As COO, Simonds will work closely with McKenney and Unum’s senior leadership team to build on the company’s past successes, while further leveraging expertise and capabilities across the enterprise. Simonds’ previous role as president and chief executive officer of Unum US is being eliminated under the new structure. Unum Group’s current financial reporting segments will not change. Simonds began his career at Unum in 1994 and has worked in leadership roles throughout the company in multiple divisions, including Finance, Marketing and Sales. Prior to leading Unum US, Simonds served as chief operating officer and chief marketing officer for Unum US and helped lead the company’s expansion into voluntary, dental and vision benefits.
Unum Group is a provider of workplace benefits and services. The Company provides financial protection benefits in the United States and the United Kingdom (UK). Its products include disability, life, accident, critical illness, dental and vision, and other related services. The Company has three segments: Unum US, Unum International, and Colonial Life. Its Unum US segment comprises group disability, group life and accidental death and dismemberment, and supplemental and voluntary lines of business. Its Unum International segment includes its operations in the UK and Poland. Unum UK's business includes insurance for group long-term disability, group life, and supplemental lines of business which include dental, individual disability, and others. Unum Poland's business includes insurance for individual and group life with accident and health riders. Its Colonial Life segment includes accident, sickness, and disability products, life products, and cancer and critical illness products.