Unum Group (UNM) executive compensation, 2026 proxy

Richard P. McKenney, President and Chief Executive Officer, and a Director, was paid $19.4M in 2025, up 6% from $18.4M the year before. The CEO-to-median-employee pay ratio was 222:1, on median employee pay of $87,332.

Filed
April 9, 2026
Annual meeting
April 9, 2026
Pay year
2025
Named executives
5
CEO total pay
$19.4M+6% vs prior year
CEO to median employee
222:1median $87,332
CEO pay in equity
29%$5.6M in awards
Prior say-on-pay support
92%of votes cast
CEO Total Compensation
$19,417,4762025 total compensation
Total Shareholder Return
8.6%For 2025
Benefits Paid
$8.3BPaid to customers in 2025
Capital Returned
$1.3BVia repurchases and dividends

How McKenney was paid

$19.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary6%Stock awards29%Non-equity incentive60%Pension and deferred comp0%All other compensation5%

Named executive officers

ExecutiveTotal
Richard P. McKenneyPresident and Chief Executive Officer, and a Director$19,417,476
Steven A. ZabelExecutive Vice President, Chief Financial Officer$5,078,050
Christopher W. PyneExecutive Vice President, Group Benefits$3,079,616
Shelia D. AndersonExecutive Vice President, Chief Information and Digital Officer$3,007,658
Lisa G. IglesiasExecutive Vice President, General Counsel$2,783,598

What changed and why

  • $19.4MRichard P. McKenney received total compensation of $19,417,476 for 2025, an increase from $18,393,061 in 2024.
  • $8.3BUnum paid $8.3 billion in benefits to customers facing illness, injury, or loss of life in 2025.
  • $1.4BAfter-tax adjusted operating income of $1.4 billion fell below company expectations due to benefits experience across multiple product lines.
  • $1.3BUnum returned $1.3 billion to shareholders in 2025 through share repurchases and dividends.
  • $4BUnum completed a reinsurance transaction reducing long-term care reserves by more than $4 billion.
  • 92%The 2025 say-on-pay proposal received approximately 92% support from shareholders.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.