Summary of Annualized Salaries for Named Executive Officers of Horace Mann Educators Corporation
This document lists the annualized base salaries for the Chief Executive Officer and four other top executive officers of Horace Mann Educators Corporation as of March 5, 2007. The salaries are subject to change at any time by the company's Compensation Committee or Board of Directors. The summary does not include bonuses, incentive compensation, or company contributions to benefit plans. The information is intended to disclose the base pay for the company's highest compensated executives.
Exhibit 10.1
Summary of Horace Mann Educators Corporation
Named Executive Officer Annualized Salary
The table below summarizes the annualized salaries of Horace Mann Educators Corporation’s (the “Company”) Chief Executive Officer and the other four highest compensated Executive Officers, as defined in the Company’s Proxy Statement for the 2007 Annual Meeting of Shareholders, (collectively the “Named Executive Officers”). These salaries may be changed at any time at the discretion of the Compensation Committee and/or Board of Directors of the Company. These salaries do not include short-term and long-term incentive compensation amounts, the Company’s contributions to defined contribution plans and the Company’s contributions to other employee benefit programs on behalf of the Named Executive Officers.
| Named Executive Officer | Annualized Salary | ||
| Louis G. Lower II | |||
| President and Chief Executive Officer | $ | 640,008.00 | |
| Peter H. Heckman | |||
| Executive Vice President and Chief Financial Officer | $ | 410,000.00 | |
| Douglas W. Reynolds | |||
| Executive Vice President – Property & Casualty and Information Technology | $ | 370,000.00 | |
| Frank D’Ambra III | |||
| Senior Vice President – Life & Annuity | $ | 224,000.00 | |
| Paul D. Andrews | |||
| Senior Vice President – Corporate Services | $ | 214,000.00 | |
Last revision date: March 5, 2007
