CNO Financial Group Announces Executive Leadership Changes

PR Newswire — March 21, 2017

CARMEL, Ind., March 21, 2017 /PRNewswire/ — CNO Financial Group, Inc. (NYSE:
CNO) today announced several executive leadership changes designed to accelerate
the company’s strategic growth, further strengthen the enterprise, and position
the organization for continued success.

Mike Heard has been appointed President of the Washington National segment.
Heard, who served previously as Senior Vice President of Enterprise Operations
for CNO, replaces Barbara Stewart, who has left the organization to pursue other
opportunities. Prior to joining CNO in 2013, Heard spent eight years at Genworth
Financial in senior leadership positions, most recently as Senior Vice
President, Business Strategy & Product Support, and has held a variety of
claims, service, and operations roles for GE Financial. He earned both an MS and
BS in Industrial Engineering from Purdue University. In the interim, Jean
Linnenbringer, Vice President, Customer Service, will assume responsibilities
for Enterprise Operations.

Gerardo Monroy has been appointed Chief Marketing Officer and will lead CNO’s
enterprise Marketing and Communications team. He replaces Chris Campbell, who
formerly led the Marketing and Communications team. Monroy served previously as
President of Colonial Penn. Prior to that, he served as Vice President of the
long-term care business for CNO’s Bankers Life segment. He joined CNO in 2001
and has had previous executive assignments in marketing, distribution, and
strategy. He earned a BA in Accounting from Universidad Iberoamericana in Mexico
City, and an MBA from Harvard University.

Joel Schwartz has been appointed President of the Colonial Penn segment.
Schwartz served previously as Vice President, Finance and Administration for
Colonial Penn. He joined CNO in 2014, after serving as Senior Vice President and
CFO for Lincoln Financial Distributors, a division of Lincoln Financial Group.
He earned a BS in Business Administration from Villanova University.

“These senior leadership changes fully support CNO’s strategy and focus on
growing our businesses to meet middle-income America’s needs for financial
security in retirement,” said Gary Bhojwani, President of CNO. “CNO’s investment
and commitment to talent development has allowed us to promote strong internal
leaders into these key executive positions. Mike, Gerardo and Joel all possess
the talent, expertise, and proven leadership to enhance our senior team, and
will continue to allow us to navigate the many opportunities ahead for CNO. We
thank Barb Stewart and Chris Campbell for their contributions to CNO and wish
them well.”

About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) is a holding company. Our insurance
subsidiaries – principally Bankers Life and Casualty Company, Colonial Penn Life
Insurance Company and Washington National Insurance Company – primarily serve
middle-income pre-retiree and retired Americans by helping them protect against
financial adversity and provide for a more secure retirement. For more
information, visit CNO online at www.CNOinc.com.

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SOURCE CNO Financial Group, Inc.

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Company Codes: NYSE:CNO

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