Kemper CEO Joseph Lacher steps down; C. Thomas Evans Jr. named interim CEO
Kemper Corporation said CEO Joseph P. Lacher, Jr. left his role and resigned from the Board effective October 14, 2025, after the company terminated him without cause. The Board appointed director and General Counsel C. Thomas Evans, Jr. as interim CEO and started a search for a permanent CEO, which matters to shareholders because leadership is in transition and a permanent successor has not yet been named.
Key points
- Lacher's departure and board resignation took effect October 14, 2025; he will serve as a non-executive advisor until December 31, 2025.
- Evans, 66, joined Kemper in 1992 and became interim President and CEO effective October 14, 2025.
- Lacher's separation agreement provides a cash severance equal to two times his base salary and target bonus, or $5.72 million.
- Kemper plans to provide a financial update during its third quarter earnings call in early November.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.