Unum board increases dividend by 14% to 16.5c Unum announced that its board of directors has authorized an increase of 14% in the quarterly dividend paid on its common stock. The new rate of 16.5c per common share, or 66c per share on an annual basis, will be effective with the dividend expected to be paid in 3Q14.
Unum Group says CEO Thomas Watjen announces retirement After 12 years as CEO of Unum Group, Thomas R. Watjen retired at the company’s annual shareholder meeting and Richard P. McKenney assumed the role of CEO. “For many years we have been committed to a rigorous leadership development and succession planning process,” Watjen said. “We are well-positioned for the future and I step back knowing that Unum is in very good hands and poised for even greater things ahead.” Watjen will stay active with the company as he begins a two-year term as chairman of the board of directors, with former chairman William J. Ryan being appointed lead independent director.