AUSTIN, Texas, May 27, 2021 / PRNewswire / – Citizens, Inc. (NYSE: CIA) today again demonstrated its continued commitment to board diversity by announcing that the board has voted to increase board size from nine to ten directors . This expansion leaves three openings for the Council. Although the director selection process is not final, the committee identified several qualified and diverse candidates. Each candidate has strong credentials and industry experience to enhance the board’s ability to effectively oversee the company’s business operations and guide management’s efforts to achieve short and long term strategic goals.
JD “Chip” Davis, Jr., Chairman of the Board, said, “We are committed to building on our diverse and inclusive culture, which is at the heart of our path to innovation and growth. As a model, the board of directors undertakes to fill at least two of the vacant positions with women and candidates from under-represented minorities. ”
About Citizens, Inc.
Citizens, Inc. is a financial services company listed on the New York Stock Exchange under the symbol CIA. The company employs a three-pronged growth strategy based on global sales of US dollar denominated whole life insurance policies, sales of US life insurance products, and final expenses and sales of real estate products to limited liability in the United States.
The information contained in this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which may be identified by words such as “may”, “will”, “expect”, “anticipate” “,” Intention “,” continue “or comparable words. In addition, all statements other than statements of historical fact that deal with activities that the Company expects or anticipates that will or may occur in the future. The future is forward-looking statements Readers are encouraged to read the periodic reports that the Company files with the Securities and Exchange Commission, in particular its annual report on Form 10-K for the year ended. December 31, 2020, and its current reports on Form 8-K, for “risk factors” and other significant disclaimers as to why actual results may differ materially from those expected or suggested by forward-looking statements. The Company assumes no obligation or obligation to update any forward-looking statements contained in this press release as a result of new information, future events or changes in the expectations of the Company. Therefore, you should not place undue reliance on these forward-looking statements. The Company also disclaims any obligation to comment on or correct information that may be contained in reports published by the investment community.
SOURCE Citizens, Inc.