CEO Joseph P. Lacher, Jr. steps down; C. Thomas Evans, Jr. appointed interim CEO

KEMPER Corp

Joseph P. Lacher, Jr. steps down as President/CEO and resigns from Board, effective Oct 14, 2025; remains advisor through Dec 31, 2025.
C. Thomas Evans, Jr. (EVP, Secretary, General Counsel, Company veteran since 1992) appointed Interim CEO effective Oct 14, 2025.
Board of Directors forms search committee and will engage a leading global executive search firm for CEO search.
Separation agreement: cash severance of $5,720,000 (2x base salary + target bonus), plus 2025 bonus, healthcare, outplacement, and continued equity vesting.

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