Mark S McAndrew Net Worth is7.2 $Million
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Company Name: Torchmark Corporation
Company Logo: Image:Torchmark Logo.png
Company Type: Public
Traded As: TMK, S&P 500
Foundation: 1900 in Birmingham, Alabama, Alabama
Location: McKinney, Texas
Key People: Mark S. McAndrew, Chairman Gary Coleman and Larry Hutchison, Co-CEOs
Industry: Life insurance
Total Premium: $2.9 billion (as of 12/31/09)
Net Income: $518 million (as of 12/31/11)
Num Employees: 2,360http://finance.yahoo.com/q/pr?s
Homepage: [http://www.torchmarkcorp.com http://www.torchmarkcorp.com]
Torchmark Corporation, founded in 1900 in Birmingham, Alabama and based in McKinney, Texas, is a financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. Torchmark Corporation (hereafter referred to as "Torchmark") markets these insurance products using multiple distribution channels, which include direct response, exclusive Agency, and independent systems. The company maintains a large operation in McKinney, Texas.
The original core of Torchmark, Liberty National Life Insurance Company, was founded in 1900 as the Heralds of Liberty, a fraternal benefit society. Liberty National was headquartered in Birmingham, Alabama until 2006 when it moved to McKinney, Texas.
In 1980, Liberty National acquired Globe Life And Accident Insurance Company and formed the holding company, Torchmark Corporation.
In 1981, Torchmark acquired United Investors Life Insurance Company (UIL) and United American Insurance Company (UA).
In 1992, Torchmark was added to the S&P 500 Index of the largest publicly traded companies in the United States.
In 1994, Torchmark acquired American Income Life Insurance Company (AIL).
In 2010, Torchmark sold United Investors Life Insurance Company (UIL) to Protective Life Corporation.

Former presidents and CEOs
Current chairman and CEOs
Torchmark Chairman and CEO, Mark S. McAndrew, stepped down on June 1, 2012, as CEO, after 32 years of dedicated service to Torchmark. McAndrew will continue to serve in an executive capacity as Chairman through June 1, 2013.
The Torchmark Board of Directors appointed Gary L. Coleman, Torchmark's Executive Vice President and Chief Financial Officer, and Larry M. Hutchison, Torchmark's Executive Vice President and General Counsel, as Co-CEOs effective June 1, 2012. Coleman and Hutchison have served Torchmark for 31 years and 26 years, respectively.

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