Unum Group names Shelia Anderson as new tech chief

CHATTANOOGA, Tenn. - Unum Group (NYSE: UNM), a global provider of workplace benefits and services with a market capitalization of $14.1 billion and an impressive "GREAT" financial health rating according to InvestingPro, has announced the appointment of Shelia Anderson as Executive Vice President and Chief Information and Digital Officer. Anderson, whose career spans significant roles across the technology sector, will spearhead Unum’s digital transformation initiatives aimed at enhancing customer and employee experiences through innovative technology solutions.

Anderson is set to report directly to Rick McKenney, President and CEO of Unum Group, as she takes on the responsibility of driving growth and operational efficiency through her expertise in information technology. McKenney expressed confidence in Anderson’s strategic vision and her ability to leverage technology to benefit Unum’s customers, citing her appointment as a key step in accelerating the company’s digital strategy.

With a distinguished background in technology integration, Anderson has been instrumental in reducing operational complexity and delivering value with cohesive IT strategies in her previous roles. Her leadership has notably advanced cloud computing, artificial intelligence, and data analytics, particularly in the realm of claims processing.

Expressing her enthusiasm for the role, Anderson highlighted her commitment to using technology to create new digital experiences, automate and modernize business processes, and improve customer satisfaction. Her previous positions include serving as Executive Vice President and Chief Information Officer at Aflac, as well as holding senior technology leadership roles at Liberty Mutual, USAA, Hewlett-Packard, and Electronic Data Systems.

Anderson’s academic credentials include a bachelor’s degree in computer science from Louisiana Tech University and a master’s degree in engineering management from Southern Methodist University. Her industry recognition includes induction into the 2025 CIO 100 Hall of Fame and the 2024 Top 100 Women in Fintech. She is also a 2021 Boston CIO Orbie Super Global winner and serves on the board of directors for the Technology Business Management Council.

Unum Group has a long history of over 175 years in helping workers and their families thrive, offering a range of insurance products and services through its Unum and Colonial Life brands. In 2024, the Fortune 500 company reported revenues of $12.9 billion and paid out $8.0 billion in benefits. The company’s strong financial position is reflected in its attractive P/E ratio of 9.45 and impressive 57% return over the past year. According to InvestingPro, the company has maintained dividend payments for 39 consecutive years and has raised its dividend for 16 straight years, demonstrating consistent shareholder value creation. Unum Group is also recognized as one of the World’s Most Ethical Companies by Ethisphere.For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 12 additional ProTips and a detailed Pro Research Report, providing valuable intelligence for smarter investment decisions in Unum Group and 1,400+ other top stocks.

This executive appointment is based on a press release statement from Unum Group.

In other recent news, Unum Group’s first-quarter 2025 earnings report revealed a miss on both earnings and revenue expectations. The company reported an earnings per share (EPS) of $2.04, falling short of the anticipated $2.18, and revenue of $3.09 billion, which was below the forecasted $3.34 billion. Despite these setbacks, Unum Group maintained strong liquidity with $2.2 billion in holding company cash. The company also reported a return on equity (ROE) of over 20% for its core operations, with premium growth exceeding 4%. Additionally, statutory earnings reached $350 million, although the after-tax adjusted operating EPS declined by 3.8% year-over-year to $2.40. Unum Group remains optimistic about future growth, projecting full-year sales growth between 5% and 10%. The company also anticipates an improvement in earnings in subsequent quarters, targeting statutory earnings of $1.3 to $1.6 billion for the year. Despite the earnings miss, Unum’s international segment, particularly in Poland, showed growth, indicating a positive outlook for its global operations.

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