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Item 5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On October 20, 2025, Kemper Corporation (the "Company") determined that Duane A. Sanders will depart from his role as Executive Vice President and Chief Claims Officer, P&C of the Company, effective October 22, 2025, and continue to serve as Executive Vice President, Executive Advisor until December 31, 2025 to help ensure a smooth transition of responsibilities.
In connection with Mr. Sanders' termination by the Company without cause on October 22, 2025, the Company expects to enter into a Separation and Release Agreement pursuant to which he will receive certain compensation and benefits to be determined by the Company in exchange for Mr. Sanders' execution of a release of claims and agreement to certain restrictive covenants in favor of the Company, which will be disclosed in a subsequent Form 8-K.
Section 9 - Financial Statements and Exhibits