Delphi Financial Announces Retirement of Robert
M. Smith, Jr.
April 23, 2010 09:03 AM Eastern Daylight Time
WILMINGTON, Del.--(EON: Enhanced Online News)--Delphi Financial Group, Inc. (NYSE: DFG) today
announced that Robert M. Smith, Jr., Executive Vice President and a director of Delphi, will be retiring from the
company. Following the Company’s annual meeting on May 4, 2010, the size of Delphi’s board will be decreased
from eleven to ten directors, with seven board members being independent directors.
Mr. Smith joined Delphi in 1994 as Vice President, was elected to Delphi’s board of directors in 1995, and was
named Executive Vice President in 1999. Prior to joining Delphi, Mr. Smith was a Director, Investment Banking for
Merrill Lynch, focusing on the insurance industry.
Robert Rosenkranz, Chairman and Chief Executive Officer of Delphi Financial, said, “The board of directors and all
of Bob Smith’s colleagues at Delphi and our subsidiaries want to thank Bob for his invaluable contributions to
Delphi’s success over many years. One of Bob’s achievements has been his development and training of a talented
group of executives in the areas of investment and financial strategy, corporate development and investor relations,
who will be reporting to Don Sherman, President and Chief Operating Officer. We all join together in wishing Bob
all the best in his retirement.”
Delphi Financial Group, Inc. is an integrated employee benefit services company. Delphi is a leader in managing all
aspects of employee absence to enhance the productivity of its clients and provides the related group insurance
coverages: long-term and short-term disability, life, excess workers’ compensation for self-insured employers, large
casualty programs including large deductible workers’ compensation, travel accident, dental and limited benefit
health insurance. Delphi’s asset accumulation business emphasizes individual annuity products. Delphi’s common
stock is listed on the New York Stock Exchange under the symbo