Primerica, Inc. announced that its Board of Directors has promoted Glenn J. Williams, currently the company’s President, to Chief Executive Officer and also elected him to the Board, effective April 1, 2015.
The current Co-Chief Executive Officers, D. Richard (Rick) Williams and John A. Addison Jr., will remain members of the Primerica Board. In their new roles, Rick Williams, who has been with Primerica since 1989, will be non-executive Chairman of the Board and John Addison, who has been with the company since 1982, will be non-executive Chairman of Primerica Distribution.
The Board also announced that it has promoted Peter W. Schneider to the position of President, also effective April 1, 2015.
“Glenn has served as our ‘right hand man’ for the past 10 years and we are confident that he is the ideal leader to take the helm of our company and continue our growth trajectory.” said Rick Williams. “He possesses tremendous depth of understanding of our sales force and for many years has successfully overseen marketing for all Primerica business lines. He has valuable experience running our Canadian operations and leading Primerica’s overall management team, and he has been at the forefront of our most successful initiatives.”
John Addison said, “One