NEW YORK, Jan. 30, 2009 -- Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announced today that it has promoted Robyn H. Price Stonehill to the position of senior vice president, compensation and benefits, effective immediately.
Ms. Price Stonehill, 36, most recently served as vice president, executive compensation and retirement plans at Assurant. In her expanded role, Ms. Price Stonehill will continue to oversee Assurant's executive compensation and retirement programs. She will also oversee Assurant's health and welfare plans working to optimize synergies across the compensation and benefits function.
Lesley Silvester, Assurant's executive vice president, said: "This promotion and expanded responsibility recognizes Robyn's outstanding leadership abilities and valuable contributions to the company. Over the past 10 years, Robyn has progressively moved through significant positions in managing Assurant's retirement plans and executive compensation programs, including our equity-based plans. In this regard, she works closely with our board of directors to ensure these plans support Assurant's diversified specialty insurance business strategy and are aligned with the interests of our shareholders."
Prior to joining Assurant in 1999, Ms. Price Stonehill served as manager in the Human Capital Services Consulting Practice at Arthur Andersen where she advised clients on retirement and benefits issues during mergers and acquisitions. She began her career as a pension actuary in the retirement consulting practice at KPMG.
A resident of New York City, Ms. Price Stonehill currently serves as vice president of the national board and chair of the new generation board of AMIT, an organization that runs over 70 schools educating over 20,000 children in Israel. She also participates in lobbying efforts for the preservation of defined benefit plans through membership in the American Benefits Council, United States Chamber of Commerce and various other coalitions.
Ms. Price Stonehill graduated summa cum laude from Queens College of the City University of New York in 1993.
Assurant is a premier provider of specialized insurance products and related services in North America and selected international markets. Its four key businesses -- Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property -- have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments worldwide.
Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has more than $25 billion in assets and $8 billion in annual revenue. Assurant has approximately 14,000 employees worldwide and is headquartered in New York's financial district. www.assurant.com.
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