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Proposal 1: Election of Directors
AFLAC INCORPORATED
2017 PROXY STATEMENT
10
AGE
60
DIRECTOR SINCE
2013
COMMITTEES
Corporate
Development
(Chair)
Audit and Risk*
Sustainability
*Financial Expert
W. Paul Bowers
Chairman, President and Chief Executive Officer of Georgia Power Co.
Mr. Bowers has been chairman, president and chief executive officer of Georgia Power, the
largest subsidiary of Southern Company, since 2011. Before that, Mr. Bowers served as chief
financial officer of Southern Company from 2008 to 2010. Previously, he served in various
senior executive positions across Southern Company in Southern Company Generation,
Southern Power, and the company’s former U.K. subsidiary, where he was president and
chief executive officer of South Western Electricity LLC/Western Power Distribution.
SKILLS AND RECOGNITION
Mr. Bowers brings to the Board a valuable and unique
perspective from his considerable financial knowledge
as a former chief financial officer; national and
international business experience, including operating in
a highly regulated industry; and expertise in corporate
development and managing the evolving risks associated
with cyber security.
OTHER BOARD OR LEADERSHIP POSITIONS
●●
Chair, Atlanta Committee for Progress
(since 2016)
●●
Nuclear Electric Insurance Ltd.
(since 2009)
●●
Board of Regents of the University
System of Georgia (since 2014)
●●
Federal Reserve Bank of Atlanta’s
Energy Policy Council (since 2008)
AGE
69
DIRECTOR SINCE
2001
COMMITTEES
Executive
Kriss Cloninger III
President of Aflac Incorporated
Mr. Cloninger has been President of the Company since 2001, and before that was executive
vice president since 1993. He served as Chief Financial Officer from 1992 to 2015, and
Treasurer from 1993 to 2015. Prior to joining the Company in 1992, he was a principal in
KPMG’s insurance actuarial practice and served as a consultant to Aflac beginning in 1977.
Mr. Cloninger will retire as President on December 31, 2017.
SKILLS AND RECOGNITION
Mr. Cloninger has been named Best CFO in America
in the insurance/life category by Institutional Investor
magazine three times. His financial acumen and
expertise in the Company’s operations and corporate
strategy bring a unique economic perspective to our
Board of Directors.
OTHER BOARD OR LEADERSHIP POSITIONS
●●
Total System Services, Inc. (TSYS)
(since 2004)
●●
Tupperware Brands Corporation
(since 2003)
●●
Fellow of the Society of Actuaries
INDEPENDENT