Kriss Cloninger - Aflac Incorporated President

AFL Stock  USD 80.98  0.72  0.90%   

President

Mr. Kriss Cloninger, III, is no longer President, Director of Aflac Inc., with effect from December 31, 2017. He was President since 2001 and executive vice president of Aflac since 1993. Mr. Cloninger previously served as Chief Financial Officer from 1992 to 2015 and Treasurer of the Company from 1993 to 2015. During his tenure as Chief Financial Officer and Treasurer, he had primary responsibility for overseeing the financial management of all Company operations, including Aflac U.S. and Aflac Japan. Prior to joining the Company, he was a principal in KPMGs insurance actuarial practice and served as a consultant to Aflac from 1977 until he joined the Company in 1992. Mr. Cloninger was named Best CFO in the insurancelife category in America by Institutional Investor magazine three times. He is a member of the boards of directors of Total System Services, Inc., and the Tupperware Brands Corporation since 2015.
Age 68
Tenure 9 years
Address 1932 Wynnton Road, Columbus, GA, United States, 31999
Phone706 323 3431
Webhttps://www.aflac.com
Cloninger holds both a bachelor’s and master’s degree in business administration from the University of Texas at Austin and is a Fellow of the Society of Actuaries.

Aflac Incorporated Management Efficiency

The company has Return on Asset of 0.0264 % which means that on every $100 spent on assets, it made $0.0264 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2212 %, implying that it generated $0.2212 on every 100 dollars invested. Aflac Incorporated's management efficiency ratios could be used to measure how well Aflac Incorporated manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Aflac Incorporated's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.04 this year, although the value of Return On Capital Employed will most likely fall to 0.08. At this time, Aflac Incorporated's Intangibles To Total Assets are quite stable compared to the past year. Debt To Assets is expected to rise to 0.06 this year, although the value of Other Current Assets will most likely fall to about 6.8 B.
The company has 7.39 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Aflac Incorporated has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Aflac Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, Aflac Incorporated's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aflac Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aflac to invest in growth at high rates of return. When we think about Aflac Incorporated's use of debt, we should always consider it together with cash and equity.

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Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company was founded in 1955 and is based in Columbus, Georgia. Aflac operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. It employs 12447 people. Aflac Incorporated (AFL) is traded on New York Stock Exchange in USA. It is located in 1932 Wynnton Road, Columbus, GA, United States, 31999 and employs 12,785 people. Aflac Incorporated is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Aflac Incorporated Leadership Team

Elected by the shareholders, the Aflac Incorporated's board of directors comprises two types of representatives: Aflac Incorporated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aflac. The board's role is to monitor Aflac Incorporated's management team and ensure that shareholders' interests are well served. Aflac Incorporated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aflac Incorporated's outside directors are responsible for providing unbiased perspectives on the board's policies.
CISM CISSP, Senior Officer
Karole Lloyd, Independent Director
Stephanie Shields, Senior Vice President - Aflac U.S. Broker Sales
Kriss Cloninger, President CFO, Treasurer, Director; CFO and EVP of Aflac
Teresa White, Executive Vice President COO of Aflac
Toshihiko Fukuzawa, Independent Director
Bradley CFA, Global VP
Robin Wilkey, Senior Vice President - Investor and Rating Agency Relations
Douglas Johnson, Independent Director
Frederick Crawford, Chief Financial Officer, Executive Vice President
Gail Galuppo, Senior Vice President Chief Marketing Officer
Audrey Tillman, Executive Vice President, General Counsel, Aflac Incorporated and Aflac
Georgette Kiser, Independent Director
Joey Loudermilk, VP Secretary
CGMA CPA, SVP Officer
Masatoshi Koide, President and Chief Operating Officer, Aflac Japan
Eric CFA, Global VP
Audrey Esq, Executive Counsel
Robert Ruff, Senior Vice President - Strategic Growth
W Bowers, Lead Independent Director
Richard Williams, Executive Vice President And Chief Distribution Officer
Daniel Amos, Chairman of the Board, President, Chief Executive Officer
Barbara Rimer, Independent Director
Frederic FSA, Senior US
Andrew Glaub, Senior Vice President and director of Aflac U.S. Sales
Jeramy Tipton, Senior Vice President - Distribution Expansion and Consumer Markets
Charles II, President Japan
Jamie Lee, Senior Vice President and Chief Service Officer - Aflac U.S
Hideto Yamamoto, Senior Vice President Chief Investment Officer - Aflac Japan
Tim Callahan, Senior Vice President - Global Security and Global Chief Security Officer
Elizabeth Hudson, Independent Director
Albert Riggieri, Senior Vice President - Global, Chief Risk Officer and Chief Actuary
Todd Daniels, Senior Vice President Chief Actuary of Aflac
James Daniels, Director VP
Joseph Moskowitz, Independent Director
Virgil Miller, President of Aflac Group Insurance and Executive Vice President COO of Aflac U.S
June Howard, Senior Vice President - Financial Services, CAO of the Company and the Aflac; Treasurer of Aflac
Eric Kirsch, Executive Vice President, Global Chief Investment Officer, Aflac and President of Aflac Asset Management LLC
Shannon Watkins, Senior Vice President - Brand and Creative Services
Charles Lake, Chairman of Aflac Japan and Presidentident of Aflac International
Katherine Rohrer, Independent Director
Bradley Knox, Senior Relations
Rich Williams, Executive Vice President And Chief Distribution Officer
Hiroshi Yamauchi, Executive Vice President of Aflac Japan
Thomas Kenny, Independent Director
Richard Gilbert, Senior Vice President and Chief Digital Information Officer
Steven Beaver, Senior Vice President, Chief Financial Officer of Aflac U.S.
Melvin Stith, Independent Director
Robert Johnson, Independent Director
Charles Knapp, Independent Director
J Daniels, Executive Vice President and Principal Financial Officer - Aflac Japan
James Hennessy, Senior Vice President - Pre-Sales Operations
Koji Ariyoshi, Executive Vice President Director - Marketing and Sales of Aflac Japan
Gerardo Monroy, Senior Vice President Aflac U.S. Innovation Strategy and Execution
Peter Kelso, VP Officer
Kenneth Janke, Executive Vice President Deputy CFO; President of Aflac U.S.
Nobuchika Mori, Independent Director
Takeko Uemoto, Senior Vice President
Paul Amos, Independent Director
Paul Bowers, Independent Director
Max Broden, Chief Financial Officer, Executive Vice President
CPA CFA, VP Officer
Takuro Yoshida, Independent Director
Koichiro Yoshizumi, Mrkt, Sales

Aflac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Aflac Incorporated a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Aflac Incorporated

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aflac Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aflac Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against Aflac Stock

  0.56FLFG Federal Life GroupPairCorr
  0.55CIA CitizensPairCorr
The ability to find closely correlated positions to Aflac Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aflac Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aflac Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aflac Incorporated to buy it.
The correlation of Aflac Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aflac Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aflac Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aflac Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aflac Incorporated is a strong investment it is important to analyze Aflac Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aflac Incorporated's future performance. For an informed investment choice regarding Aflac Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.
Note that the Aflac Incorporated information on this page should be used as a complementary analysis to other Aflac Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Aflac Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aflac Incorporated. If investors know Aflac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aflac Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.435
Dividend Share
1.68
Earnings Share
7.78
Revenue Per Share
31.368
Quarterly Revenue Growth
(0.04)
The market value of Aflac Incorporated is measured differently than its book value, which is the value of Aflac that is recorded on the company's balance sheet. Investors also form their own opinion of Aflac Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Aflac Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aflac Incorporated's market value can be influenced by many factors that don't directly affect Aflac Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aflac Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aflac Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aflac Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.