NATIONAL WESTERN LIFE GROUP, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits - Insurance News | InsuranceNewsNet

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December 16, 2021 Newswires
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NATIONAL WESTERN LIFE GROUP, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

Edgar Glimpses

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

On December 14, 2021, the Compensation and Stock Option Committee of National
Western Life Group, Inc.
("NWLGI") approved the calendar year National Western
Life Insurance Company
2022 Officer Bonus Program ("Bonus Program") and National
Western Life Insurance Company
Chief Marketing Officer Bonus Program ("CMO Bonus
Program") which include as participants various named executive officers. NWLGI
is the holding company for National Western Life Insurance Company ("NWLIC").
The Bonus Program and CMO Bonus Program are designed to provide additional
compensation based on achieving certain performance and profit criteria in order
to hold executives accountable through their compensation for the performance of
the business. The participants are as follows:


National Western Life Insurance Company 2022 Officer Bonus Program
Ross R. Moody - Chairman of the Board and Chief Executive Officer
Rey Perez - President and Chief Operating Officer
Brian M. Pribyl - Executive Vice President, Chief Financial Officer and
Treasurer
Natalie U. Anderson - Senior Vice President, Chief Investment Officer
Steven W. Mills - Senior Vice President, Chief Administrative Officer

Greg J. Owen - Senior Vice President, Chief Information Officer Stephen M. Van De Berg - Senior Vice President, Chief Actuary and Chief Risk
Officer Gina Byrne Miller - Senior Vice President, Chief Legal Officer and Secretary

National Western Life Insurance Company 2022 Chief Marketing Officer Bonus
Program Chad J. Tope - Executive Vice President, Chief Marketing Officer

The Bonus Program and CMO Bonus Program are in effect for the year ending
December 31, 2022. Amounts earned under the Bonus Program will be paid in 2023
when final results are determined while amounts earned under the CMO Bonus
Program may be advanced quarterly during 2022. A copy of the Bonus Program and
CMO Bonus Program are attached hereto as Exhibit 10(ad) and Exhibit 10(ae),
respectively, and are incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

   Exhibit
    Number                                       Description

                        National Western Life Insurance Company 2022 Officer Bonus
    10(ad)              Program

                        National Western Life Insurance Company 2022 Chief Marketing
    10(ae)              Officer Bonus Program

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