Citizens appoints Jon Stenberg CEO; Shields stays Vice Chairman; Q1 insurance issued up 61%

CITIZENS, INC.

Jon Stenberg, President since March 2024, adds CEO role effective July 1, 2024.
Gerald Shields, CEO since 2020, remains Vice Chairman of the Board.
Q1 2024 insurance issued rose 61% YoY to $274.5M; insurance in force over $5B.
AM Best initiated financial strength rating on CICA Life Insurance in 2023.
Company expects continued 2024 sales growth leading to strong 2025 profit growth.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Gerald W. Shields

Chief Executive Officer

CIA · CITIZENS, INC.

Successor: Jon Stenberg
Filed: July 8, 2024, 7:59 PM ET

Gerald W. Shields, who has served as the Company’s Chief Executive Officer and Vice Chairman since 2020, will continue as Vice Chairman of the Company's Board of Directors.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Gerald W. Shields changed role as Chief Executive Officer at CITIZENS, INC..

Role: Chief Executive Officer

Exact text from the filing

Gerald W. Shields, who has served as the Company’s Chief Executive Officer and Vice Chairman since 2020, will continue as Vice Chairman of the Company's Board of Directors.

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CITIZENS, INC. filing history →

Source: SEC EDGAR

accession 0000024090-24-000127

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