StanCorp Financial Group, Inc. Appoints George J. Puentes and Duane C. McDougall to Board of Directors
StanCorp Financial Group, Inc. (“StanCorp”) (NYSE: SFG) has appointed
George J. Puentes and Duane C. McDougall to its Board of Directors.
Mr. Puentes is President and Founder of Don Pancho Authentic Mexican
Foods, Inc., of Salem, Ore., and serves on the board of directors of
Northwest Natural Gas and the Meyer Memorial Trust. Mr. Puentes
previously served on the board of the Federal Reserve Bank of San
Francisco, Portland Branch, and on the Community Board of Regence Blue
Cross Blue Shield. Mr. Puentes’ appointment is effective November 1,
2009.
Mr. McDougall is chairman of Boise Cascade, LLC, and previously served
as chairman and CEO of that firm from December 1, 2008 to August 15,
2009. Prior to that, Mr. McDougall served as president and CEO of
Willamette Industries, Inc. from 1998 to 2002. He currently serves on
the boards of directors of West Coast Bancorp, Cascade Corporation, and
Greenbrier Companies. Mr. McDougall’s appointment is effective December
1, 2009.
About StanCorp Financial Group, Inc.
StanCorp Financial Group, Inc., through its subsidiaries marketed as The
Standard — Standard Insurance Company, The Standard Life Insurance
Company of New York, Standard Retirement Services, StanCorp Mortgage
Investors, StanCorp Investment Advisers, StanCorp Real Estate and
StanCorp Equities — is a leading provider of financial products and
services. StanCorp’s subsidiaries serve approximately 8.2 million
customers nationwide as of September 30, 2009, with group and individual
disability insurance, group life, AD&D and dental insurance, retirement
plans products and services, individual annuities and investment advice.
For more information about StanCorp Financial Group, Inc., visit its
website at www.stancorpfinancial.com.
Disclosure
Information in this news release includes certain statements related to
projected growth and/or future events. These statements are
“forward-looking” statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Because such statements are
subject to risks and uncertainties, actual results in future periods may
differ materially from those expressed or implied by such
forward-looking statements. See StanCorp’s latest Annual Report on form
10-K and most recent Form 10-Q filed with the Securities and Exchange
Commission for a description of the types of uncertainties and risks
that may affect actual results.
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