Unum Group chief auditor Nicholas Desiderio to retire Unum Group announced that J. Matthew Royal has joined the company as VP and chief auditor. He succeeds Nicholas Desiderio, who is retiring after more than 22 years with Unum. Royal joins Unum from KPMG, where he most recently served as a director in the firm's Insurance Risk Advisory practice.
Unum Group upgraded at Raymond James As previously reported, Raymond James upgraded Unum Group to Outperform from Market Perform. The firm upgraded shares based on relative valuation, strong cash flow, improved U.K business results, and solid core U.S. lines of business. Price target is $38.