PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) has promoted Liz Fouts to assistant vice president and associate counsel for Legal & Compliance. Fouts will continue to oversee the legal transactions team, as well as legal operations for The Standard.
Fouts brings more than 19 years of legal experience to her role. Since joining The Standard in 2008, Fouts has held several legal positions including advising on employment and privacy matters as an attorney in the Corporate Legal Department and working on insurance litigation for the Insurance Services Group Legal Department. In 2016, she was promoted to second vice president and associate counsel where she was responsible for managing legal and compliance for Retirement Plans and Individual Annuities.
Prior to joining The Standard, Fouts was in-house counsel for ALL Student Loan, a nonprofit student lender. She began her legal career practicing as a litigator and business attorney in the San Francisco Bay Area.
“As a leader, Liz is passionate about empowering the Legal team to ensure compliance with legal and regulatory requirements while delivering on business priorities and focusing on continuous improvement,” said Holley Franklin, vice president and chief legal officer at The Standard.
Fouts earned a Bachelor of Arts degree in criminal justice from California State University Sacramento and a Juris Doctor degree from University of San Francisco School of Law.
About The Standard
The Standard is a family of companies dedicated to helping you achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook, Twitter or LinkedIn.
The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.