Birmingham, Ala. (July 31, 2002) -- Financial services holding company Torchmark Corp. has elected KPMG veteran Paul J. Zucconi to its Board of Directors.

Zucconi, 62, recently retired from KPMG LLP, where he served as an audit partner with an emphasis on professional practice and SEC matters. He currently serves on the American Institute of CPAs' Quality Control Inquiry Committee and instructs in the AICPA's Professional Development Institute.

At its July 25 meeting, the Torchmark Board of Directors also declared a quarterly dividend of $.09 per share. The dividend will be paid on Nov. 1, 2002.

--Electronic Accountant Newswire staff

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