Allianz Life Promotes Paul Salm to Assistant Vice President of Compensation for U.S. Operations

Business Wire, Inc.

MINNEAPOLIS--(BUSINESS WIRE)-- Allianz Life Insurance Company of North America (Allianz Life) named Paul Salm as the new assistant vice president of Compensation for Human Resources. In this role, Salm will be responsible for compensation and employee recognition to support client and business strategies. Salm will also manage compensation programs for more than 4,800 employees across Allianz of America, which includes Allianz Life and Fireman’s Fund Insurance Company. He will report to the Vice President of HR Services for Allianz of America, Mike Hope.

“Paul has great experience in crafting business strategies to address shifts in our industry,” said Hope. “With his extensive experience in Human Resources management, organizational design, and change management, Paul’s impact will reach across the U.S. operations of Allianz of America and his leadership will be essential to strengthening our compensation structure.”

Before this promotion, Salm was a senior director in HR where he advised leaders on implementing organizational change and provided consultation on recruiting strategies, leadership development, executive integration and compensation design. Prior to that, he served as a senior HR manager for CUNA Mutual Group out of Madison, Wis. He was also a HR manager for JDS Uniphase Corporation based in San Jose, Calif. Before that, Salm held a position as vice president of HR, Finance, and Administration for N.L. Barnes Construction Co., Inc. in San Francisco.

Salm received his Bachelor of Science degree in industrial engineering graduating with distinction from Stanford University where he also earned a Master’s degree in industrial engineering. Salm holds multiple certifications including Senior Professional in Human Resources, Myers-Briggs Type Indicator administration, and ProSci Change Management Program. He is also a member in the Society for Human Resource Management and received a NASA Space Act Award for original training software.

About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America has been keeping its promises since 1896. Today, it carries on that tradition, helping Americans achieve their retirement income and protection goals with a variety of annuities and life insurance products. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 142,000 employees worldwide. More than 78 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.