|Burns' Legacy Includes Helping Position Company as a Leader in the FIA Market
MINNEAPOLIS - Jan. 9, 2019 - Allianz Life Insurance Company of North America (Allianz LifeŽ) has announced that Tom Burns, chief distribution officer, will retire from the company, effective on April 15, 2019. Succeeding Burns is Eric Thomes, currently head of field marketing organization (FMO) distribution for the company.
Since starting at Allianz Life in 2006, Burns has led the company's distribution strategies and helped build and grow strong relationships in the FMO, broker-dealer, bank, and brokerage general agent channels. Under his guidance, Allianz Life has become a leader in the fixed index annuity market. He was also instrumental in helping the company expand into the index variable annuity and index universal life markets.
"With a distinguished career spanning forty years, including the past twelve at Allianz Life, Tom's experience and commitment have been incredibly valuable to the company as a whole, and to each individual who works with him on a day-to-day basis," said Walter White, president and CEO, Allianz Life. "Tom has been a true leader, and I'm very grateful for his success in growing our business and navigating sweeping industry changes."
Thomes brings extensive experience to his new role after 23 years at Allianz Life. During that time, he has held various leadership roles with increasing responsibility, including regional vice president of the Southeast region, SVP of long term care insurance sales, SVP of strategic accounts, and his current role as SVP of FMO distribution.
"Eric brings outstanding experience and deep industry knowledge to his new role," said White. "He has played a pivotal role in strengthening our position as an industry leader and has provided unwavering leadership to FMO distribution through challenging times."
Thomes earned his BA in business management at St. John's University (Minnesota). He currently serves on the board of directors of the LIMRA Secure Retirement Institute and the Alzheimer's Association of Minnesota-North Dakota, and he chairs the Allianz Life Field Advisory Board. Thomes holds a State of Minnesota Life, Accident & Health Insurance license, and FINRA Series 6, 7, 24 and 26 registrations.
About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America, one of FORTUNE's 100 Best Companies to Work ForŽ in 2018, 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. In 2017, Allianz Life provided a total of $2.7 billion in benefit payments that supported policyholders' financial objectives. 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 in more than 70 countries worldwide. More than 85 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.