Business

Kemper names former USAA CEO to board

Posted November 01, 2020 10:00 pm

CHICAGO - Kemper Corp. Monday said its board of directors has elected former USAA CEO Stuart Parker as a director.

Parker served as chief executive officer for USAA from 2015 until his retirement in February 2020. He spent more than 21 years with USAA in roles including chief operating officer, chief financial officer, president of the Property & Casualty Insurance Group, and president of Financial Planning Services. USAA serves millions of military members and their families with competitive rates on insurance, banking and investment services.

"Stuart's experience as an insurance industry CEO and his extensive track record as an accomplished leader make him a valuable addition to our board," said Kemper Board Chairman Robert J. Joyce.

The Kemper family of companies is one of the nation's leading specialized insurers with nearly $13.5 billion in assets.

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