Southern Company finance team names trio to leadership roles
/PRNewswire/ -- Southern Company today announced leadership changes within the finance department, effective Nov. 1, when, as previously announced, current...
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/PRNewswire/ -- Southern Company today announced leadership changes within the finance department, effective Nov. 1, when, as previously announced, current...
/PRNewswire/ -- Southern Company today announced leadership changes within the finance department, effective Nov. 1, when, as previously announced, current...
Here’s a look at business news in our community.
Source: LIMRA International Last December, General Electric transferred roughly $1.7 billion in pension obligations to Athene, involving 70,000 retirees. In January, Lockheed Martin announced plans to shed roughly $1.9 billion in liabilities after MetLife assumed payments for some 20,000 retirees and current employees. The previous year, the aerospace and defense giant moved $2.6 billion in pension liabilities, covering 41,000 workers, to Prudential Insurance and Athene. Over the past six years, 10 more insurers have gotten into PRTs, for a total of 18. With added competition, the insurance...