Charles Adair - Torchmark Lead Independent Director

Director

Mr. Charles Edward Adair, CPA, is Lead Independent Director of Torchmark Corporationrationration. He is President of Kowaliga Capital, Montgomery, Alabama, an investment management company since December 1993. He is also a director of Tech Data Corporation and of Rayonier Advanced Materials, Inc. He formerly served as a director of PSS World Medical, Inc. since 2010.
Age 70
Tenure 14 years
Phone972 569-4000
Webwww.torchmarkcorp.com
Adair holds a B.S. in Accounting from the University of Alabama and participated in the Advanced Management Program at Harvard Business School. He brings to the Board extensive corporate governance experience developed from more than 20 years of experience as the former President and Chief Operating Officer of a NASDAQlisted pharmaceutical and medical supplies distributor. Additionally, Mr. Adair has served on both public and private company boards, participating in acquisitions, divestitures and debt and equity financings.

Torchmark Management Efficiency

The company has Return on Asset of 0.0301 % which means that on every $100 spent on assets, it made $0.0301 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.12 %, implying that it generated $0.12 on every 100 dollars invested. Torchmark's management efficiency ratios could be used to measure how well Torchmark manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.65 B in debt with debt to equity (D/E) ratio of 27.3, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Torchmark has a current ratio of 0.46, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Torchmark until it has trouble settling it off, either with new capital or with free cash flow. So, Torchmark'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 Torchmark sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Torchmark to invest in growth at high rates of return. When we think about Torchmark's use of debt, we should always consider it together with cash and equity.

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Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. Torchmark Corporation was incorporated in 1979 and is headquartered in McKinney, Texas. Torchmark operates under Insurance - Life classification in USA and is traded on BATS Exchange. It employs 3102 people. Torchmark (TMK) is traded on New York Stock Exchange in USA and employs 3,102 people.

Management Performance

Torchmark Leadership Team

Elected by the shareholders, the Torchmark's board of directors comprises two types of representatives: Torchmark inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Torchmark. The board's role is to monitor Torchmark's management team and ensure that shareholders' interests are well served. Torchmark'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, Torchmark's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shane Henrie, Chief Accounting Officer, Vice President
Roger Smith, Member of Enterprise Risk Management Committee, CEO of American Income Life Insurance Company, CEO of Liberty National Life Insurance Company and President of American Income Life Insurance Company
Robert Ingram, Independent Director
Brian Mitchell, Executive Vice President General Counsel
Bill Leavell, President of Globe
Kenneth Matson, President of Family Heritage
Mary Thigpen, Director
Larry Hutchison, Co-Chairman, Co-CEO and Co-Chairman of Enterprise Risk Management Committee
Darren Rebelez, Independent Director
Mary Henderson, Vice President - Enterprise Lead Generation
Arvella Bowie, Vice President and Director - Human Resources
Mike Majors, Vice President - Investor Relations
Linda Addison, Director
Cheryl Alston, Director
Vern Herbel, Chief Admin. Officer, Executive VP and Member of Enterprise Risk Management Committee
David Boren, Independent Director
Frank Svoboda, CFO, Chief Accounting Officer, Executive VP and Member of Enterprise Risk Management Committee
Steven Greer, President of American Income
Lloyd Newton, Independent Director
Marilyn Alexander, Independent Director
Jane Buchan, Independent Director
Michael Majors, Vice President - Investor Relations and Presidentident of United American
James McPartland, Executive Vice President CIO
Domenico Bertini, Executive Vice President of American Income
Rebecca Zorn, Director of Human Resources, Assistant Secretary
Matthew Darden, Executive Vice President of Innovations and Business Development
Jennifer Haworth, Vice President - Marketing
Michael Pressley, Chief Investment Officer, Executive VP and Member of Enterprise Risk Management Committee
Paul Zucconi, Independent Director
Steven DiChiaro, Executive Vice President and Chief Agency Officer of Liberty
Steven Johnson, Director
Gregory Smith, Executive Vice President Chief Strategy Officer
Glenn Williams, Executive Vice President Chief Marketing Officer
Ben Lutek, Executive Vice President Chief Actuary
Lamar Smith, Independent Director
Charles Adair, Lead Independent Director
Carol Mccoy, Vice President Secretary
Thomas Kalmbach, Executive Vice President and Chief Actuary
Gary Coleman, Co-Chairman, Co-CEO and Co-Chairman of Enterprise Risk Management Committee

Torchmark 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 Torchmark 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.

Currently Active Assets on Macroaxis

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Other Consideration for investing in Torchmark Stock

If you are still planning to invest in Torchmark check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Torchmark's history and understand the potential risks before investing.
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