Item
5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
At the
regular Board of Directors meeting held on September 17, 2008, the members of
the board unanimously approved appointing Mr. Daryl Heald as a member of the
Board of Directors of the Company. There are no special arrangements
or understandings between Mr. Heald and any other members of the Board or
executive officers of the Company. Mr. Heald will initially not be
appointed to any committees. Following is a biographical on Mr.
Heald.
Daryl
Heald started his career in commercial real estate with the Allen Morris Company
and then spent four years at Triaxia Partners Consulting Firm, both in Atlanta,
Georgia. He later began serving as an associate trustee and executive
committee member of The Maclellan Foundation. In 2000, Daryl helped
to launch Generous Giving, Inc. and served as its President until January 2008,
when he became Senior Vice President of The Maclellan Foundation and founded
Giving Wisely. Giving Wisely seeks to serve families on their journey
of generosity by helping t connect their needs and passions with knowledge,
experiences, opportunities, and relationships.
Daryl
also serves on the boards of Generous Giving, Inc., Crown Financial Ministries,
ProVision Foundation, the Haggai Institute, and is an elder at Lookout Mountain
Presbyterian Church. He holds a B.S. degree in economics from
Westmont College. Daryl and his wife, Cathy, live in Lookout
Mountain, Georgia with their six children.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
UTG,
INC.
|
Date:
|
September
19, 2008
|
By:
|
/s/
Theodore C. Miller
|
|
|
Theodore
C. Miller
|
||||
|
Senior
Vice President and Chief Financial
Officer
|