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Deals & People July 5, 2011
Former Labor Secretary to Join Protective Life Board
Protective Life Corporation announced that Elaine L. Chao,
former U.S. Secretary of Labor, has been elected to the Birmingham,
Alabama, insurer’s Board of Directors.
Reported by Sara Kelly
Chao served on Protective’s Board from 1997 until 2001, when she became the 24th Secretary of the U.S. Department of Labor. Chao was the only member of former President George W. Bush’s Cabinet to serve during all eight years of his administration, and was the first Asian Pacific American appointed to a presidential cabinet position.
Currently, Chao is a Distinguished Fellow at The Heritage Foundation and a regular contributor to Fox News. She has also served as President and CEO of the United Way of America, Director of the Peace Corps, Deputy Secretary of Transportation, and Chairman of the Federal Maritime Commission, and has worked in the private sector at Bank of America and Citicorp.
“Secretary Chao’s extensive experience at the highest levels in the public, private and non-profit sectors will no doubt prove of great value to our company as we navigate through a rapidly evolving set of business and regulatory issues in our various lines of business,” said Protective’s CEO John D. Johns. “We are delighted to have someone with such a rich array of accomplishments and distinguished record of service rejoin our Board of Directors.”