Document

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 30, 2020

Kemper Corporation

(Exact name of registrant as specified in its charter)

Commission File Number: 001-18298




DE		95-4255452
(State or other jurisdiction of incorporation)		(IRS Employer Identification No.)

200 E. Randolph Street, Suite 3300, Chicago, IL 60601

(Address of principal executive offices, including zip code)

312-661-4600

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2.below):



☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)



☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)



☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))



☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:



Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.10 per share	KMPR	NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).



	Emerging Growth Company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition

period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of

the Exchange Act. ¨

Section 5 – Corporate Governance and Management



Item 5.02	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 30, 2020, the Board of Directors (“Board”) of Kemper Corporation (“Company”) elected Stuart B. Parker to the Board and appointed him to the Audit Committee of the Board, each effective November 4, 2020.

Mr. Parker will be entitled to participate in the Company's non-employee director compensation program and to receive an indemnification agreement from the Company, the terms of which are described in the Director Compensation section of the Company's Proxy Statement for the 2020 Annual Meeting of Shareholders on file with the Securities and Exchange Commission (“SEC”).

There are no arrangements or understandings with Mr. Parker pursuant to which he was selected as a director of the Company, and there are no transactions involving Mr. Parker or any of his immediate family members that are subject to disclosure by the Company under Item 404(a) of SEC Regulation S-K.

A copy of the press release announcing Mr. Parker’s election is attached as Exhibit 99.1.

Section 9 – Financial Statements and Exhibits



Item 9.01	Financial Statements and Exhibits.

(d) Exhibits



Exhibit Number	Exhibit Description
99.1	Press Release of the Company, dated November 2, 2020
104	Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




		Kemper Corporation

Date:	November 5, 2020	/s/ C. Thomas Evans, Jr.
		C. Thomas Evans, Jr.
		Executive Vice President, Secretary & General Counsel



	Exhibit 99.1

Kemper Names Former USAA CEO Stuart Parker to Board of Directors

CHICAGO, November 2, 2020 - Kemper Corporation (NYSE: KMPR) announced today that its board of directors has elected former USAA CEO Stuart Parker as a director.

Parker served as Chief Executive Officer for USAA from 2015 until his retirement in February 2020. He spent more than 21 years with USAA in roles including Chief Operating Officer, Chief Financial Officer, President of the Property & Casualty Insurance Group, and President of Financial Planning Services. He has a bachelor’s degree in business administration from Valdosta State University and an MBA from St. Mary’s University. Parker was a distinguished graduate of the Air Force ROTC program and served in the U.S. Air Force for nearly 10 years, serving in Operations Desert Shield and Desert Storm.

“Stuart’s experience as an insurance industry CEO and his extensive track record as an accomplished leader make him a valuable addition to our board,” said Board Chairman Robert J. Joyce. “We look forward to the operational knowledge and perspective he will bring to Kemper.”

“Stuart’s high level of expertise and deep understanding of the insurance business will be a great asset to our board,” said Joseph P. Lacher, Jr., President and CEO. “His success in advancing strategy through transformational customer service, accelerating product development, and digital innovation will be immensely beneficial to further Kemper’s growth strategy.”

Parker will be a member of the board’s Audit Committee, and his appointment expands the board to 11 directors, nine of whom are independent.

“I’m excited for the opportunity to join Kemper’s board, a company I admire for its strong track record of delivering value for their stakeholders,” said Parker. “Kemper’s strategic focus on long-term profitable growth has the company well-positioned for the future and I look forward to partnering with the board and the dynamic leadership team as they continue the upward trajectory.”

About Kemper

The Kemper (NYSE: KMPR) family of companies is one of the nation’s leading specialized insurers. With nearly $13.5 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Auto, Personal Insurance, Life and Health brands. Kemper serves over 6.4 million policies, is represented by more than 30,000 agents and brokers, and has 9,300 associates dedicated to meeting the ever-changing needs of its customers.

Learn more about Kemper.

Contacts

News Media: Barbara Ciesemier, 312.661.4521, bciesemier@kemper.com

Investors: Christine Patrick, 312.661.4803, cpatrick@kemper.com

Document and Entity Information	Oct. 30, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 30, 2020
Entity Registrant Name	Kemper Corporation
Entity Central Index Key	0000860748
Amendment Flag	false
Entity File Number	001-18298
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4255452
Entity Address, Address Line One	200 E. Randolph Street
Entity Address, Address Line Two	Suite 3300
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60601
City Area Code	312
Local Phone Number	661-4600
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	KMPR
Security Exchange Name	NYSE
Entity Emerging Growth Company	false

Document and Entity Information