StanCorp Financial Group, Inc., and Standard Insurance Company Appoint Mark Kaye and Al Barkouli to Board of Directors

PORTLAND, Ore.--(BUSINESS WIRE)--StanCorp Financial Group, Inc., and primary operating subsidiary Standard Insurance Company have appointed Mark Kaye and Al Barkouli to their boards of directors.

Mark Kaye is executive vice president and chief financial officer of Moody’s Corporation, a leading global provider of credit rating opinions, integrated risk assessment insights and tools for financial risk measurement and management. Prior to that, he was chief financial officer for Massachusetts Mutual Life Insurance Company U.S. His appointment was effective May 1, 2023.

Al Barkouli is chairman and chief executive officer of David Evans and Associates, Inc., a professional services consulting firm and its parent company, David Evans Enterprises, Inc. Prior to his current role, he held several positions with David Evans and Associates including president and chief operating officer. His appointment was effective May 1, 2023.

"Mark and Al bring a wealth of executive experience and financial acumen to the board, and we’re delighted to welcome them. Their proven leadership skills and expertise will benefit StanCorp and The Standard for many years to come," said Greg Ness, chair of the board of directors.

About StanCorp Financial Group, Inc., and The Standard

StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard — Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities — is a leading provider of financial products and services. StanCorp’s subsidiaries offer group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management and paid family leave services, retirement plans products and services, individual annuities, origination and servicing of fixed-rate commercial mortgage loans and investment advice. For more information about StanCorp Financial Group, Inc., visit its investor website at www.stancorpfinancial.com.